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Managing Physical and Technological Resources: Assignment

   

Added on  2021-01-01

14 Pages3025 Words388 Views
Business Resources

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Recruitment documentation used within organisations.........................................................3P2 Communication, employability and personal skills required by individual when applyingfor specific job role.....................................................................................................................5P3 Technological and physical resources required in operations of firm...................................6P4 Internal and external sources of finance for raising funds for business.................................7TASK 2............................................................................................................................................8P5 Interpretation of profit and loss, balance sheet and trading account of company..................8P6 Use of budget for exercising financial control of firm........................................................11P7 Analysis of financial position of business...........................................................................12CONCLUSION ............................................................................................................................14REFERENCES..............................................................................................................................14

INTRODUCTIONBusiness resources are very crucial in every company. Company requires resources suchas financial, human, technological resources. Thus as a result they can easily manage theseresources and can increase the efficiency level of company (Wahl and Prause, 2013). As a resultthey can easily earn more revenues. Hence it can easily increase the market share. Reportexplains about the Blue Inc which is a retail firm which is located in United Kingdom.Assignment describes about the methods through which resources are managed and the purposeof managing physical and technological resources. It also explains about the sources of funds andinterpretation of financial statements. TASK 1P1 Recruitment documentation used within organisationsBlue Inc is one of the leading and fastest growing clothing retail chain of UnitedKingdom. At present, around 250 stores of company are operated in all across the across thecountry and is growing speedily in young fashion market. In every business concern, one of theessential part is its human resource which should be skilled and knowledgable enough to carryout operations and activities of business in an effective and efficient manner. This will help firmin attaining its business objectives and leads it towards high growth and success. So, manager ofBlue Inc. requires to hire skilled and competent workforce (Obschonka, Silbereisen andSchmitt‐Rodermund, 2012). For this, some documentations are required which are as follows: Job DescriptionJob Title: Store managerStore Name: Blue Inc.Type of Role: Permanent Hours: Full TimeSalary: Up to £27000 p.a. Last Date: 12/07/2018Working with Blue Inc.Blue Inc is the company that deals in clothing and is a rapidly growing fashion retail chain ofUnited Kingdom. The firm is performing its business operations and activities by internet pathas well. Thus, there is a good and proper management of work therefore, several opportunitiesare given by enterprise to its manpower in terms of providing them growth and developmentalong with enhancing their skills and abilities. For attaining operational goals, Store manager are

require to work with manager of Blue Inc in proper way. Competencies:Decision-making & judgmentGood communicationTeam work Highly skilled and knowledgableCustomer focusJob Duties:Communicate clearly all the information with staff members. Store firm's resources in systematic and proper way so that it can be used later. Conduct sessions with sales representatives to convey product knowledge to employees.Address customer's issues in proper way and on time. Requirements :MBA(Marketing)4+ Years of experience in retail marketing areaNote: Interested prospect can drop their CV to official website of organisation. PERSON SPECIFICATIONOrganisation: Blue Inc.Job profile – Store ManagerQualification – MBA or PGDM (in Marketing)Essential Criteria:Keen knowledge of tools and skills related to management. Being able to identify potential customers and have skills to made sales effective.Strong leadership skills is required. Some additional skills like strong interpersonal, communication and motivational skillsDesirable criteria:4+ years’ experienceExcellent knowledge related to procedures and policies of retail market. Good personality

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