Business Resources Report
Added on 2019-12-28
9 Pages2587 Words187 Views
Business Resources
Table of ContentsINTRODUCTION ..........................................................................................................................1P1- Describe the recruitment documentation used in a selected organization.......................1P2- Describe the main employability, personal and communication skills required whenapplying for a specific job role...............................................................................................2P3- Describe the main physical and technological resources required in the operation of aselected organization..............................................................................................................2Venture Capital: It is same as equity shares except that the investors are a different set ofpeople. Commonly known as venture capitalists, they normally invest in a new company atan initial stage and do a rigorous analysis of a company before investing. Venturecapitalists exit the firm once it starts getting a good valuation.....................................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.................................................................................................................................4P7- Illustrate the financial state of given business.................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONHuman resource is the one of the most important department of any organization becauseit directly measures the performance of the employees in an organization. In the current reportvaried recruitment documents that are used in the current organization are discussed in detail.Along with this, major communication and employability skills that are needed in respect to thespecific job role are discussed in detail. Along with this, major physical and technologicalresources that are needed for operation of an organization are discussed in detail. At end of thereport, different sources of internal and external sources of finance are discussed briefly. In thisway entire research work is carried out by the researcher.P1- Describe the recruitment documentation used in a selected organizationAs part of recruitment documentation there are some documents that are prepared by theHR manager of the Tesco. One of them are job description and specification document. Animportant element in workforce planning is to have clear job descriptions and personspecifications (Berman, 2012). A job description sets out:the title of the jobto whom the job holder is responsiblefor whom the job holder is responsiblea simple description of roles and responsibilitiesJob descriptions and person specifications provide the basis for job advertisements. They helpjob applicants and post-holders to know what is expected of them. At Tesco these documents arecombined. As they are sent to anyone applying for jobs, they should:contain enough information to attract suitable peopleact as a checking device to make sure that applicants with the right skills are chosen forinterviewset the targets and standards for job performance (Ma, Ding and Hong, 2010).Job descriptions and person specifications show how a job-holder fits into the Tescobusiness. They help Tesco to recruit the right people. They also provide a benchmark foreach job in terms of responsibilities and skills. These help managers to assess if staff arecarrying out jobs to the appropriate standards.1
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