Role of Human Resource and Financial Management in TESCO

Case study & Report

Table of Contents
INTRODUCTION ..........................................................................................................................1
MAIN BODY...................................................................................................................................1
Discussing the role of Human resource..................................................................................1
Discussing the role of Financial management........................................................................2
CONCLUSION................................................................................................................................2
REFERENCES ...............................................................................................................................3

INTRODUCTION
The human resource refers to the division of a business that is based on the finding,
screening as well as recruitment and training of job applicants. In addition to this, it focuses on
administering employees benefit programs and plays a vital role in helping an organization to
deal with dynamic business environment. For the following report TESCO has been taken into
consideration which is a British multinational groceries and general merchandise retailer
headquartered in Welwyn Garden City, England. The following report will highlight the role of
HR within an organization along with the role of financial management.
MAIN BODY
Discussing the role of Human resource.
There are various roles of HR within an organization that allow a business to ensure that
it is able to attract skilled and talented employees within the business. In addition to this, it
allows a business to ensure that it is able to maintain high level of performance through a
motivated workforce (McCartney, Murphy and Mccarthy., 2020). In context to TESCO, the HR
plays a vital role in proving the business with individuals who possess various skills that will
help the organization to achieve its set goals and objective in an optimal manner. Given below
are various roles of HR in context to TESCO:
Attracting candidates:
It is one of the primary duties of an HR to attract candidates in an effective manner. This
allows a business to ensure that it is able to attract talented as well as skilled employees in an
optimal manner which will enhance the operations of the business. In context to TESCO, the HR
allows the business to attract candidates through social media advertising which helps in
expanding its overall reach in the market for talented employees. In addition to this, the role of
HR helps the business to identify capable individuals for the job.
Selecting candidates:
The HR of an organization plays a vital role in selecting an appropriate candidates for the
organization who will be able to perform task in an efficient manner as well as avoid mistakes
that can lead to reduced productivity as well as performance of the business. In context to
TESCO, this role of the HR within the organization helps the business to only select appropriate
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