Assignment on Business Resources Sample
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Added on 2020-07-22
Assignment on Business Resources Sample
Added on 2020-07-22
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BUSINESS RESOURCES
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1- Describe the recruitment documentation used in a selected organisation............................1P2- Describe the main employability, personal and communication skills required whenapplying for a specific job role....................................................................................................2TASK2.............................................................................................................................................3P3- Describe the main physical and technological resources required in the operation of aselected organisation...................................................................................................................3TASK 3............................................................................................................................................4P4- Describe sources of internal and external finance for a selected business...........................4Internal Sources:..........................................................................................................................4External Sources:........................................................................................................................4P5- Interpret the contents of a trading and profit and loss account and balance sheet for aselected company........................................................................................................................4P6- Illustrate the use of budgets as a means of exercising financial control of a selectedcompany......................................................................................................................................5P7- Illustrate the financial state of a given business...................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness resources play a vital role to develop business in an effective manner. In whichincluding human resources, financial resources, physical, technological and so more. All thesehelp to complete all works and activities relating to the business. Its help to achieve goals andobjectives of the company (Chaffey and White, 2010). The aim of the company is improve allthese resources with proper management systems because these impacting on company'sworking performance and systems. HENDY'S Ltd is the car house company in UK. Thiscompany provide better quality of products and services to all customers with proper satisfaction.For appoint new employees in the company should use effective recruitment documentation thathelp to clearly identify skills and knowledge of candidate. Its help to achieve decided targets ofthe company.TASK 1P1- Describe the recruitment documentation used in a selected organisationRecruitment is the process in which identify the skills, capabilities and knowledge ofparticular persons in which including various methods and techniques those help to take effectivedecisions (Montgomery, 2011). There are some recruitment documentation those are used inHENDY'S Ltd. company those are under the below: Job Advertisement – It is a notice that jobs put out for the public to see to inform them of a jobvacancy they have open. It includes the job title, requirements, what makes a suitable candidateand responsibilities. The purpose of this is to promote the job vacancy they have open and toinform people of what they need to have to be a suitable candidate and make sure people whoapply do actually fill the needs for the jobs.Job Description – A job description explains what skills employees need to have to get a certainjob. It explains limitations and skills which are needed for the job and the duties andresponsibilities that the employee will have if they get the job. The purpose of this is to informthe candidate of what they will be doing if they get the job and what they need to do the job.Person specification-This is an expansion of the job description. This is outlines the trainingrequirements, grades and personal qualification of the individual to actually be considered for thejob. This is all about skill and the purpose of this is to outline clearly to candidates what they1
must to get the job. This makes it clearer for candidates to see what they need and want in aperson to do particular job (Zikmund and et.al, 2013).P2- Describe the main employability, personal and communication skills required when applyingfor a specific job roleFor a particular job require employability, personal and communication skills that help toachieve organisation's goals and objectives. All these are help to develop business in theeffective manner. In which consider business analysis role for specific job.Employability: It means the ability of someone to gain a job, retain it and the move on to ahigher stage in their working life. Employability is improved by strong personal andcommunications skills which will impress a potential employer. There are many skills andqualifications needed when applying for a job. Employers will tend to look for how presentablethe employee (well dressed) if they can communicate clearly and if they are able to get on wellwith existing employees. They will also need to have skills and qualifications which are relevantto the job you're applying for. The employer will want to see that the skills of the potentialrecruit meet the demands of the job and will benefit the business (Osterwalder and Pigneur,2010). Communication skills: In every job you will need good communication skills. You must be ableto communicate well with staff to work effectively, this also includes communicating with otherbusinesses and organisations, or perhaps with the members of the public, in various formats. Thiswill include face to face encounters, over the phone, e-mails and letters among other formats.Good communication skills will enable you to understand, and be clearly understood by, otherpeople without offending the people you are talking to or confusing them. (Zhong and Yu,2010).Personal skills: These 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.2
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