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Introduction to Business Resources

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Added on  2019-12-28

Introduction to Business Resources

   Added on 2019-12-28

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Introduction to Business Resources_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1) Describe the recruitment documentation used in a selected organisation.............................3P2) Describe the main employ-ability, personal and communication skills required whenapplying for a specific job role....................................................................................................4TASK 2............................................................................................................................................5P3) Describe the main physical and technological resources required in the operation of aselected organization....................................................................................................................5TASK 3............................................................................................................................................5P4) Describe sources of internal and external finance for a selected business............................5TASK 4............................................................................................................................................7P5) Interpret the contents of a trading and profit and loss account and balance sheet ..............7P6) Illustrate the use of budgets as a means of exercising financial control of a selectedcompany.......................................................................................................................................7P7) Illustrate the financial state of a given business...................................................................8CONCLUSION................................................................................................................................8REFERENCE...................................................................................................................................92
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INTRODUCTIONBusiness resources are composition of financial, production and distribution of goods andHR activities. However, Different operations are obtained that is interlinked with varieties ofservices for implementing action plans. Human, financial, physical, and knowledge factors thatprovide a firm the means to perform its business processes. The present report is to presentingrecruitment documentation and different skills required for a specific job is to described. Inaddition to this, physical and technological resources required in the operation of Tesco is to beexplained through this study. Including this, financial state of business organization can beunderstood through this assignment.TASK 1P1)Describe the recruitment documentation used in a selected organisationRecruiting and selecting employees should always be considered carefully by anybusiness regardless of their size. The people you employ will form an essential part of yourbusiness strategy, and will contribute greatly to the making or breaking of business (Andor,Mohanty and Toth, 2015). Recruitment Documents provide a comprehensive range ofprofessionally drafted templates to enable employers to manage the application, selection,interview process and procedures involved in employing new staff.The Sub-folders below contain letters, guidance notes, employment application forms, policiesand job description templates to enable the employer to comply with the relevant currentlegislation and regulations.Recruiting staff should be a carefully managed process where the appropriate documentation willhelp to avoid the potential claims of discrimination and related HR issues. Recruitment forms typically used in the recruitment process are available on the HRwebsite under Forms and Documentsunder Recruitment and Selection:Staff Recruitment and Selection Hiring ChecklistInterview Evaluation Notes Weighting SheetSkills and Competency Interview Rating SheetSkills and Competency Interview Rating Sheet -weightedAuthorization to Release3
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P2) Describe the main employ-ability, personal and communication skills required whenapplying for a specific job roleThere are many skills and qualifications needed when applying for a job. Employers willtend to look for how presentable the employe (well dressed) if they can communicate clearly andif they are able to get on well with existing employees (Beisland, 2014). They will also need tohave skills and qualifications which are relevant to the job you're applying for. The employerwill want to see that the skills of the potential recruit meet the demands of the job and willbenefit the business. If they skills you have are what are needed for the job then then you will bein a good position in receiving the job. If you do not heave the qualifications needed for the jobthen it is doubtful that the employer will employ you.Your personal skills are also a very important factor in determining whether or not thebusiness recruits you. For example, you need to be responsible, have a good attitude towardswork and be able to remain calm in a crisis. You should be able to show, perhaps in the form of areference from a previous employer, that you are a good health record and that you are reliable,with all lady and gentlemanly like conduct such as being honest, polite and enthusiastic(Dellavigna and Pollet, 2013).Personal and communication skills required when applying for a specific job role:- It isrequired for any employee to have effective communication skills that affects their personal andprofessional development. Employ ability skillsEmploy ability skills can be defined as a skills that a person needs to have in order to get a joband/or be effective in the job role he or she has. Such skills allow the employee or person to havea mutual and friendly relationship with colleagues or the manager thus if there are any problemsthat arise they will be resolved efficiently (Fauver and McDonald, 2014). There are manyexamples of employ ability skills that employees or people applying for jobs should possesswhich include; qualification and experience that aredirectly linked to the job that is being applied for.Personal skills4
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