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Hello

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Regent CollegeCollette DivisionL3 BTEC National Business2013/14 | | Student Name | Abdullah Kadiri | UNIT: 2 | Business Resources | Unit Credit value | 10 | ABOUT THIS UNIT | The aim of this unit is to develop learner knowledge of the range of human, physical, technological andfinancial resources required in an organisation, and how the management of these resources can impact on business performance. | ASSESSOR(S) | FBE/MHU | ASSIGNMENT REF: | | START DATE: | 2/12/13 | END DATE: | 15/03/14 | Task 1:P1, P2 and M2 | ScenarioYou are a manager at a local business (your selected organisation) and you have been invited to give a series of two careers talks to Year 11 students about recruitment and selection within your organisation.Your presentation should include the following:P1 * A brief introduction to the business; * A summary of the types of employment within the business; * An explanation of the recruitment process with emphasis on the purpose and contents of job descriptions. This should be supported with annotated examples of job descriptions from the selected organisation; * An explanation of the purpose and content of employment contracts. This should be supported with an annotated example of an employment contract from the selected organisation. * For evidence produce written examples P2 * A description of one specific job within the organisation. This could relate to one of the job descriptions used above;M2 * An explanation of the skills required from candidates applying for this job. This should include: * Employability skills * Personal skills * A justification of why the skills are important to the success of the organisation and the success of the job role.Consider the skills in relation to recruiting an appropriate employee and keeping them within the business job role. Task deadline 13/12/13 | Task 2:P3, M1 and D1 | ScenarioYou have been asked to write a 2/3 page article for a business magazine, similar to Business Review. It is to be aimed at 16-18 year old business students and should be about the human, physical and technological resources in the organisation of your choice. Your article should include:P3 * A description of the main physical resources required in the organisation and how they contribute to the success of the business; * A description of the main technological resources required in the organisation and how they contribute to the success of the business;M1 * An explanation of how the management of human, physical and technological resources can help improve the performance of your selected business. You should use relevant examples throughout to support your explanation.D1 * A recommendation of a few specific actions the business could take to improve performance. Task deadline 10/01/2014 | Task 3:P4 | ScenarioYou have been asked to produce an information leaflet advising your selected organisation on the sources of finance available to them. Your leaflet should include:P4 * Examples of internal and external finance; * A detailed explanation of the advantages and disadvantages of each source of finance; * An explanation of the type of resource each source may be appropriate for in the context of your selected business. * Task deadline 20/01/2014 | Task 4:P6, M4 and D3 | Scenario You are a finance manager within your selected organisation and have been asked to invite other department managers to a meeting to discuss budgets. Before the meeting you are to send them a briefing document about budgets and the importance of monitoring and controlling costs. Your paper should include: P6 * A brief explanation of the purpose and contents of budgets, using examples from your selected organisation; * An explanation, using examples, of how budgets can be used as a form of financial control. Try to give specific examples for a number of departments within the organisation; M4 * An explanation of why costs need to be controlled and how this contributes towards the financial performance of the business. You may wish to refer back to the documents used in Assessment activity 2.5, for example, you could show how closer monitoring of a particular cost would affect the profit achieved. D3 * Identify specific examples of where costs may not have been monitored; * Explain the effect of these costs on the business’ performance; * Explain the problems the business may suffer as a result of these costs now and in the future; * Try to consider how significant the problem may be to the business. Task deadline 17/02/2014 | Task 5:P5, P7,M3 and D2 | ScenarioYou are applying for a management position within your selected business. As a part of the selection process you have been asked to produce a 3-5 minute presentation to show your understanding of business resources. Your presentation should include:P5 * An explanation of the content and figures shown on the trading, profit and loss account; * An explanation of the content and figures shown on the balance sheetP7 * A summary of the financial state of the business. Use examples from the financial accounts and your ratio analysis, as well as examples from your analysis of budgetary control; * An explanation, with examples, of how managing resources can improve the performance of a business; * An explanation, with examples, of how controlling budgets can improve the performance of the business;M3, D2 * A thorough analysis of both the trading, profit and loss account and balance sheet using ratio analysis * Calculate each ratio showing formula, working and result; * Explain what the result means; * Make a judgement of whether this is a good or bad position for the organisation, justifying your opinion ; * Give an explanation of the strengths and weaknesses of ratios as a means of measuring the performance of the selected organisation; * Use your results from the ratio analysis, plus any knowledge you have of actions taken by the business in recent years, to help support your arguments.Task deadline 28/02/2013 | CRITERIA | ASSESSMENT EVIDENCE | Date Due: | P1 | Verbal description of recruitment documentation | | P2 | Verbal description of employability, personal and communication skills | | P3 | Written description of physical and technological resources | | P4 | Leaflet on sources of finances of finance | | P5 | Verbal interpretation of the contents of a profit and loss statement | | P6 | An illustration of the use of budgets | | P7 | Verbal explanation on the financial state of a selected business | | M1 | Written section on how physical and technological resources could improve the performance of a business | | M2 | Verbal explanation of importance of employability, personal and communication skills | | M3 | Verbal explanation of how you have used accounting ratios | | M4 | Written analysis of why costs need to be controlled | | D1 | Written section on how physical and technological resources could improve the performance of a business | | D2 | Verbal evaluation of the use and adequacy of accounting ratio with example of key ratios | | D3 | Written evaluation of the problems identified from unmonitored costs and budgets | |

ASSESSMENT FEEDBACK | Assessment grade | PASS | MERIT | DISTINCTION | Criteria | Comments/Feedback | Date Complete | P1 Describe the recruitment documentation used in a selected organisation | | | P2 Describe the main employability, personal and communication skills required when applying for a specific job role | | | P3 Describe the main physical and technological resources required in the operation of a selected organisation | | | P4 Describe sources of internal and external finance for a selected business | | | P5 Interpret the contents of a trading and profit and loss account and balance sheet for a selected company | | | P6 Illustrate the use of budgets as a means of exercising financial control of a selected company | | | P7 Illustrate the financial state of a given business. | | | M1 Explain how the management of human, physical and technological resources can improve the performance of a selected organisation | | | M2 Assess the importance of employability, and personal skills in the recruitment and retention of staff in a selected organisation | | | M3 Interpret the contents of a trading and profit and loss account and balance sheet for a selected company explaining how accounting ratios can be used to monitor the financial performance of the organisation | | | M4 Analyse the reasons why costs need to be controlled to budget | | | D1 Evaluate how managingresources and controlling budget costs can improve the performance of a business | | | D2 Evaluate the adequacy of accounting ratios as a means of monitoring the state of the business in a selected organisation, using examples | | | D3 Evaluate the problems they have identified from unmonitored costs and budgets. | | | Assessor signature: | | Date: | Student declaration and signature: | * I declare that this work is entirely my own work, and I have not intentionally presented material from another student or source as my own | Date: |

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