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Impact of Lack of Resources on Business: A Case Study of Boots Plc

   

Added on  2023-06-08

13 Pages3476 Words77 Views
1.Lack of resources

2. Table of Contents
3. Introduction of the project...........................................................................................................3
4. Aim..............................................................................................................................................3
5. Objectives....................................................................................................................................3
6. How the objectives will be achieved...........................................................................................4
7. Time scale....................................................................................................................................4
8. Brief background of the problem/Topic......................................................................................5
9. Background Search......................................................................................................................5
Literature review..................................................................................................................5
10.Marketing strategy......................................................................................................................8
11. Impact Analysis.........................................................................................................................9
12. Constraints...............................................................................................................................10
13 Conclusion................................................................................................................................11
14.References.................................................................................................................................12

3. Introduction of the project
Resources are the main assets of the organisation which are the main elements of the company. It
comprises of various factors such as financial, human, material and intellectual resources.
Resources are limited that is why it is essential to manage them as per the requirement and need
of the projects. Lack of resources are one of the main issue in the business as it will lead to affect
various aspects that is poor planning, new technology, unforeseen events and many others. The
research will outline the impact of the shortage of resources in the organisation in relation to
dealing with its impact. Along with it, it will highlight about the diverse resources used within an
organisation with the purpose of dealing in business functions. As there are various resources
which are involved in the operation of the company. The company chosen for the case study is
Boots Plc which is the UK’s leading pharmacy led health and also a beauty retailer. It is known
to be the part of the Retail Pharmacy International Division of Walgreens Boots Alliance. In the
operations of the companies when the resource management is poor then it will lead to bring a
way of inefficiencies. In some companies the management takes care and keep the record of the
resources while some companies do not do that. When the resources are not properly managed
then there will be chances of overrunning of the budgets, low level performance in productivity
and not completing tasks on time. That is why it is must to have proper resource management in
the company in order to keep up with the growth and advancement of the company.
4. Aim
To examine the impact of lack of resources in the business and how manager is dealing with
consequences occurred due to lack of resources. A study on Boots Plc.
5. Objectives
To analyse different types of resources used within an organisation for dealing business
functions
To investigate the challenges faced by Boots Plc due to lack of resources in the
organisation
To discern the strategies adopted by managers of Boots Plc to deal with the consequences
of lack of resources in the organisation

6. How the objectives will be achieved
The object will be achieved by making the proper planning of resources present in their
company. The higher authorities of the company should have the complete knowledge and detail
of the resources.
7. Time scale

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