Report on Business Resources : Next Plc
9 Pages2646 Words64 Views
Added on 2020-06-06
Report on Business Resources : Next Plc
Added on 2020-06-06
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BUSINESSRESOURCES
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................4P 1 Describe the recruitment documentation..............................................................................4P 2 Description of employability,personal and communication skills........................................4M 2..............................................................................................................................................5P 3 Overview of the main physical and technological resources................................................5M 1..............................................................................................................................................6D 1...............................................................................................................................................6P 4 Sources of internal and external finance...............................................................................6P 5 Interpretation of trading and P & L account as well as balance sheet..................................7P 6 Illustration of use of budgets as means of exercising financial control................................7P 7 Illustrate the financial state of next plc.................................................................................8M 3..............................................................................................................................................8M 4..............................................................................................................................................8D 2...............................................................................................................................................9D 3...............................................................................................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONResources plays a very eminent role in every business because overall enterprise ismainly depend upon theses resources only. In fact they act as a very effective tool and techniquesto attain their goals and objectives as soon as possible. This report is about next plc which is aBritish multinational company famous for its clothing, household products, footwear and act as aretail enterprise (Bharadwaj, and et. al., 2013). It also shows the planned budget of the citedcompany as well as profit and loss account. Last but not the least business resources is the termwhich covers all the natural and human made resources for smooth running of the enterprise.TASK 1P 1 Describe the recruitment documentationRecruitment documentation is the term which shows the appropriate method andprocedure of recruiting any person and individual with the help of various methods ofrecruitment. Basically recruitment documentation is a framework of all the task and activities toexecute in a proper manner for selection of best alternatives. In other words its all aboutadvertising your vacancy which means recruitment department need to prepare a job description,a person specification and an application form to advertise your vacancy. Therefore recruitment is the process by which a business is going to hire a right personfor a right job according to their eligibility and talent to fill their vacancy. The firm describes theactual job and person specification for the particular post and then advertise the vacant positionin an appropriate place (Carroll, 2010). To recruit a business analyst next plc need to prepare aproper documentation and appropriate method for selection of a deserving candidate byconsidering all the facts and figures which are essential while selection process. Therefore it is
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