Introduction to the Business Resources

Business Resources

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1- Describe the recruitment documentation used in a selected organisation............................1
P2 Describe the main employability, personal and communication skills required...................2
TASK 2............................................................................................................................................2
P3 Describe the main physical and technological resources required in the operation .............2
TASK 3............................................................................................................................................3
P4 Describe sources of internal and external finance for a selected business.............................3
P5 Interpret the contents of a trading and profit and loss account and balance sheet................4
P6 Illustrate the use of budgets as a means of exercising financial control ...............................8
P7 Illustrate the financial state of a given business.....................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
.......................................................................................................................................................11

INTRODUCTION
In this current time period, for achieving organisational goals and objectives in effective
manner, business firms are using smart techniques and methods in entire business life. Fro
getting success in competitive market place, should properly utilise business resources in
appropriate manner (Chaffey and White, 2010). This research project will be defining about, an
effective recruitment documentation which will used in an particular business firm. In the
addition of this, employability, personal and communication skills and capabilities will be
describing. Moreover, will be describe internal and external financial sources as well as interpret
the content of profit and loss account and balance sheet of an particular organisation.
TASK 1
P1- Describe the recruitment documentation used in a selected organisation
Job Advertisement – It is a notice that jobs put out for the public to see to inform them
of a job vacancy they have open. It includes the job title, requirements, what makes a suitable
candidate and responsibilities. The purpose of this is to promote the job vacancy they have open
and to inform people of what they need to have to be a suitable candidate and make sure people
who apply do actually fill the needs for the jobs.
Job Description – A job description explains what skills employees need to have to get
a certain job (Montgomery, 2011). It explains limitations and skills which are needed for the job
and the duties and responsibilities that the employee will have if they get the job. The purpose of
this is to inform the 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 outlines the
training requirements, grades and personal qualifications of the individual to actually be
considered for the job. This is all about skills and the purpose of this is to outline clearly to
candidates what they must have to get the job. This makes it clearer for candidates to see what
they need and want in a person to do job.
Application Form – An application form is a form which companies give a candidate to
fill in. They do this so they can get the information they want and the candidate is able to expand
more after the CV they have given. The purpose of this is so the company can ask the candidate
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