Premium Essay

Unit 36

In: Business and Management

Submitted By bossladynikz
Words 8814
Pages 36
In this task I am going to describe the internal and external factors to consider when planning HRM requirements for Tesco PLC. Tesco PLC is one of the largest food retailers in UK. It has changed a lot over the last 8-10 years. Thanks to HR guidance it has improved all his sections and departments. To maintain this growth Tesco has to offer new services and products by using new selling strategies. To improve Tesco performance the HR changed the internal and external factors.
Internal factors

Organisational needs and skills requirements: organisational needs are constantly changing that is why Tesco’s HR has to training the employees as far as they can keep their position. The organisation must watch the marketing in order to open new stores in other countries or in other regions. In this way the business will need to expand its organisation needs(which are also called workforce) and these new people must be trained and also must be able to speak other languages(if the store will open in different countries). However, nowadays the technology that Tesco had include in its supermarkets, has affected the organisational needs because by using the equipment customers do not need more than two people to help them. Workforce profiles: As any business Tesco has got workforce profiles which include information such as: gender, age, ability and ethnicity. In fact, if Tesco had people who retire at the same time, Tesco would be able to cover them by introducing new employees. In order to have the equality at work, Tesco also have ethnicity as a paragraph within the workforce profiles. By using this method Tesco may assemble the same ethnicity together to obtain better performances.
External Factors

Supply of labour: To cover all the new markets demand Tesco’s HR has to cover all the gaps by training the new employees and by making them flexible within the...

Similar Documents

Premium Essay

Unit 36

...Emma Doran Unit 12 p2 P2: Describe how selected organisations uses internet marketing Not only does internet marketing have benefits for the companies, customers have advantages as well. Like already mentioned, customers can now first quickly compare prices online before they buy a product (or flight ticket). This will especially come in hand in the airline industry because airline companies are a frequent user of dynamic pricing. Customers are also provided with the latest updates about their product. In the upper section is explained that customers can register at the Easy Jet website so they will be kept up to date. The internet even offers customers the chance to conduct immediate transactions and they instantly have the pleasure of knowing that they have made a booking. If we take Easy Jet for an example again: after the consumer has paid they will immediately receive their digital ticket by e-mail and they can look forward to their holiday without worrying if there booking has been processed properly. Then, a few days before they leaving they can check in online and even choose where to sit in the plane in advance. Further on, maybe one of the biggest advantages for customers is the online customer service. The internet offers multiple ways of online services. For example, almost every website has a page with frequently asked question on it. Customers are now able the place a comment or complaint on the website or send it to the online help desk....

Words: 258 - Pages: 2

Premium Essay

Unit 36

...Hello!! Just fooled you…:P Bye now taatata Facebook is an online social networking service headquartered in Menlo Park, California. Its website was launched on February 4, 2004, by Mark Zuckerberg with his Harvard College roommates and fellow students Eduardo Saverin,Andrew McCollum, Dustin Moskovitz and Chris Hughes.[8][9][10] The founders had initially limited the website's membership to Harvard students, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities and later to high-school students. Since 2006, anyone who is at least 13 years old was allowed to become a registered user of the website, though the age requirement may be higher depending on applicable local laws.[11] Its name comes from the face book directories often given to American university students.[12] After registering to use the site, users can create a user profile, add other users as "friends", exchange messages, post status updates and photos, share videos, use various apps and receive notifications when others update their profiles. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics, and categorize their friends into lists such as "People From Work" or "Close Friends". Also users can complain or block unpleasant people. Facebook had over 1.18 billion monthly active users as of August 2015.[7]Because of the large......

Words: 1004 - Pages: 5

Premium Essay

M1 Unit 36

...Unit 36 M1 Explain methods used to identify the target market for the proposed business Market research Market research can enable you to identify your target consumer, find out what they think about your ideas, products or brand and gather insights to help you target the right market. Market research is part of our business strategy. As a business we need to bear in mind that consumer’s motivation and behaviour change over time so we consider reviewing our research on a regular basis. Market research is finding out information about what potential customers want and also to meet their needs in the beauty industry. We have used 2 methods of primary research and another 2 methods of secondary research. These include: questionnaires, Visits to similar businesses, Internet and Publishes text books. This provides a wide range of information which helped us decide what we should do with our business. Collecting questionaires was one of our primary methods. The advantages about collecting primary research are that it is up to date because we have just collected it. It has met our specific needs as we asked the questions and those questions were based on what we wanted to know about our business. Collecting this type of information is relatively cheap, as it is just a visit and we have record the information. But normally collecting primary research is very expensive as I am starting from scratch....

Words: 950 - Pages: 4

Free Essay

Unit 36 P4

...Unit 36, P4 Legal aspects and physical resources As my business is starting up there are several legal statuses that I can have which are; Legal Aspects; * My legal status: Sole trader * Legal liability: Unlimited liability * Trading terms and conditions: Being owner of the business this means that I can do as I wish and go against the terms and conditions which I have set for my business, for example of a term would be the closure of the shop at 9pm A sole trader owned company is a business which is owned just by one person. There are several disadvantages and advantages when being a sole trader. Being a sole trader will mean that a lot of the businesses work will be on one person’s shoulders. This means there will be a lot of pressure and stress on the single person. Having privacy within a company is highly important, being a sole trader means that you have full control of the business and its financial incomes, this means that other companies don’t have access to your information. Also there are fewer legal restrictions so this will allow the business to be more flexible. However, hours are generally longer and working alone may mean that they will need more acquired skills for their business. Also there is no obligation when it comes to sharing profits. I have chosen to be a sole trader because as my business is small I feel like it would cause less complications then if I was to start as a partnership....

Words: 1340 - Pages: 6

Premium Essay

Unit 36 - Regulations

...The ownership of my business is a sole trader which will be run be one person who is liable for everything to do with the business. The advantages of being a sole trader is that its is a small business so less money is required, quick decisions can be made without having to consult others, all profits are kept to one person and financial information can be kept private. The disadvantages of being a sole trader can be If the owner becomes ill or goes on holiday the business may suffer as they are not there to control the business, they may have work very long hours, prices are often higher than larger organizations, money may be difficult to raise as many banks and other lending institutions are reluctant to lend to sole traders because they have a higher rate of bankruptcy and they have complete responsibility for all the debts of the business. This is called unlimited liability. This means the owner might lose all of their personal possessions if they cannot pay the debts of the business. Advantages of being sole-trader • The business can be easy to setup • Independence in decision making • Minimum of paperwork • The sole trader may have flexible working hours • Knowing customers helps to avoid bad debts Disadvantages of being sole-trader • Unlimited liability means the owner is responsible for all debts • Long working hours • In case of illness the business is closed and makes no money • Difficult to raise capital for start up or to expand......

Words: 2487 - Pages: 10

Premium Essay

Unit 36 Assignment 3

...Laws and legislations There are many laws out there that cover near enough everything, so therefore with my business I will need to make sure I abide the laws which cover; health and safety, fire precautions, the environment, employee rights, the building, intellectual property (for example business names, inventions and copyrights), fair trading (consumer credit, consumer protection and competition law), keeping information about people, licences and insurance. Health and safety is the most important thing within any business, I must make sure everyone within Alcarwash is safe first before we do anything. I am responsible for the effect that Alcarwash may have on the health and safety of your employees and the consumers. I will have to make sure I register with the Health & Safety Executive (HSE) or with my Local Authority, so that they can come to check all aspects of the business and building to make sure that everything is in place and safe to operate around without it causing any damage to anyone around it. With healthy and safety comes thigs such as fire precautions; this is because I will need to make sure all my employees know what they are doing during a fire- so therefore I’ll need to practice drills, for when there is a fire my employees are aware what to do to keep themselves and others out of danger. Some laws set by HM Revenue & Customs, which I must abide by, are; Sex Discrimination The Sex Discrimination Act is a British Act of Parliament which......

Words: 2475 - Pages: 10

Premium Essay

P5 Unit 36 - Business Studies

...Business plan [pic] HDR Gaming Laneroad Ashford Kent TN23 5BT 012333252 07826425 Contents Page 1. Summary 3 2. Business overview 4 Introduction Current position Competitive advantage Growth plan 3. Business strategy 5 Tactics Strategic issues Core values 4. Marketing 6 SWOT and critical success factors Market research Distribution channels Strategic alliances E-commerce and technology Tactical promotion plan Marketing budget Credibility and risk reduction 5. Team and management structure 7 Skills, experience, training and retention Advisors Management systems 6. Financial budgets and forecasts 8 Profit and loss forecast Cash flow forecast Balance sheet forecast Capital expenditure budget Break-even analysis 1. Summary • HRD Gaming • We are a gaming business • We will be producing games which gives a unique experience to the gamers • We are a partnership business ran by 3 people – More money remaining to invest on other stuff 2. Business overview Introduction (HDR) Our business involves, 3 people, Hem Limbu, Dipesh Magar & Roshan Rai. Together we make the name HDR. We are a games developer. Our aim is to build accessories for different consoles and enhance their gaming performance. We started this business because we found out......

Words: 2647 - Pages: 11

Free Essay

Unit 36: Sport and Leisure Tourism in the Uk

...UNIT 36: SPORT AND LEISURE TOURISM IN THE UK Get assignment help for this unit at LO1 Understand the structure of the sport- and leisure-related tourism sector in the UK Concept of tourism: models and approaches; definitions of tourism and tourists; tourism motivators and barriers; classification of tourism types; tourism sectors including products and services Historical developments: introduction of paid holidays; role of transport; mass tourism; ecotourism; technological developments in sport and leisure-related tourism Role of public sector: government legislation; tourism authorities; national and regional tourist boards; local government; amenity agencies; public sector initiatives; comparative government structures Role of private and voluntary sectors: private sector organisations eg tourist attractions and accommodation providers; voluntary sector organisations eg hostel; partnerships, national and international professional organisations Tourism law: effects of EU and international legislation; tourist movement law eg passports; passenger carriage law; consumer protection law eg Package Holidays Act; planning regulations; laws relating to tourist attractions and sports stadia

Words: 986 - Pages: 4

Premium Essay

Btec Business Unit 36 Financial Aspects

...P4 Describe financial aspects that affect the start-up of your business. Start-up costs Start-up costs are the expenses incurred during the process of creating a new business. All businesses are different, and can require different types of start-up costs. In order for a business to survive, start-up costs need to be kept as low as possible. Business owner has to make list of start-up costs. Using a list of start-up costs a business owner would then create a personal survival budget. For my business idea that is in school café I should still keep start-up costs low, but as far as it is in school I don’t have to worry about the equipment for my business, because they already have kitchen to work in and café to sell my products. However I still have to pay the rent and I need resources to start with – stock. Personal survival budget In order for your business to survive, you need to have enough money to cover all your start-up costs, the costs of running the business and also for you to live on. This section looks at how to determine your personal survival budget. I think my business would not affect my personal survival budget too much, because I don’t have to buy all the equipment like ovens, fridges, etc. As far as I have to worry mostly about the stock for my business. Cost of premises Choosing appropriate premises is crucial to the success of a business. Business owners then have to decide whether they want to rent or buy premises. For place they have to pay......

Words: 870 - Pages: 4

Premium Essay

Eagle Impairment Loss

...Part 1 IFRS Under IFRS, “A cash-generating unit to which goodwill has been allocated shall be tested for Impairment annually, and whenever there is an indication that the unit may be impaired, by comparing the carrying amount of the unit, including the goodwill, with the recoverable amount of the unit. If the recoverable amount of the unit exceeds the carrying amount of the unit, the unit and the goodwill allocated to that unit shall be regarded as not impaired. If the carrying amount of the unit exceeds the recoverable amount of the unit, the entity shall recognize the impairment loss in accordance with paragraph 104.”...

Words: 1407 - Pages: 6

Premium Essay

Eagle Company

...We have determined this through the use of IAS-36 as well as the calculations given below: IAS 36-6 An impairment loss is the amount by which the carrying amount of the asset or a cash-generating unit exceeds its recoverable amount. The recoverable amount of an asset or a cash-generating unit is the higher of its fair value less costs to sell and its value in use. Our recoverable amount then equals $900,000 because the value in use ($900,000) exceeds fair market value less costs to sell ($800,000). IAS 36-59 If, and only if, the recoverable amount of an asset is less than its carrying amount, the carrying amount of the asset shall be reduced to its recoverable amount. That reduction is an impairment loss. Recoverable Amount ($900,000) < Carrying Amount ($1,100,000) Therefore, we shall recognize an impairment loss of $200,000 2. For Eagle in Italy, is the building impaired under U.S. GAAP as of Dec. 31, 2013, and if so what is the amount of the impairment? After reviewing the given facts provided by Eagle in Italy, we have determined that there is not an impairment on their building under U.S. GAAP. We have determined this through the use of ASC Codification as well as the calculations given below: ASC 360-10-35-17 An impairment loss shall be recognized only if the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset (asset group) is not recoverable if it exceeds the sum of...

Words: 1715 - Pages: 7

Premium Essay


...If the number of units produced in a period is larger than the number of units sold in a period, absorption costing income will be higher than variable costing income. ANS: T PTS: 1 DIF: Difficulty: Easy OBJ: LO: 8-1 NAT: BUSPROG: Analytic STA: AICPA: FN-Measurement | IMA: Cost Management | ACBSP: APC-27-Managerial Accounting Features/Costs KEY: Bloom's: Knowledge NOT: 1 min. 5. If the number of units produced in a period is smaller than the number of units sold in period, absorption costing income will be higher than variable costing income. ANS: F PTS: 1 DIF: Difficulty: Easy OBJ: LO: 8-1 NAT: BUSPROG: Analytic STA: AICPA: FN-Measurement | IMA: Cost Management | ACBSP: APC-27-Managerial Accounting...

Words: 33039 - Pages: 133

Free Essay

안녕 하세요.

...For individual units, maximum marks and boundaries are shown for both the raw and uniform (UMS) mark scales. Maximum marks and grade boundaries for the overall qualification (the ‘cash-in’) are only shown in UMS marks. Where grade boundaries are greyed out for a particular unit, there are no grade boundaries available. This may be because: the unit was not available in this exam session ● no one took the unit in this exam session. ● Some units have more than one set of grade boundaries because more than one version of the paper was taken. Where the paper title is followed by “Paper 01R”, the paper was sat in countries more than 5 hours ahead of the UK. Definition of terms A grade boundary is the minimum mark at which a letter grade can be achieved. For example, if the grade boundary for a B is 60 marks, then 60 is the minimum mark at which a B can be achieved. A mark of 59 would therefore be a C grade. For modular qualifications, assessments can be taken in various exam sessions throughout the duration of the course. For linear qualifications, all assessments must be taken in the same exam session. A raw mark is the actual mark awarded by the teacher or examiner for an assessment. Raw mark scores can be downloaded by Exams Officers from Edexcel Online. Raw marks are converted to UMS marks for all modular qualifications. This is because raw mark grade boundaries may change from exam session to exam session to take into account variations in the difficulty of assessments....

Words: 12350 - Pages: 50

Free Essay

Wala Lang

...Reputable Developer Units Available for Tower 1 Studio 20sqm 1 bedroom no balcony 23.47sqm 1 bedroom w/ balcony 27.37sqm 1 bedroom deluxe L-type 32.52sqm 2 bedroom no balcony 32.39sqm 2 bedroom combined unit w/ balcony 50.84sqm 3 bedroom combined unit w/ balcony 74.64sqm Unit Computations & LayOuts for the ff units will be send thru email upon your request Target Turn Over Date is on the Fourth Quarter of 2012 ***S A M P L E C O M P U T A T I O N S*** STUDIO 20sqm Unfurnished unit, Investors Package Total List Price: Php. 1,321,000 5.5% Other Charges: Php 72,655 Total List Price: Php. 1,393,655 20% Initial Investment (payable in 36 months): Php. 278,731 Reservation Fee: Php. 25,000 36 Monthly Payments: Php 7,048 only!! LOWEST IN THE MARKET 80% Balance: Php. 1,114,924 Bank Financing: (BDO-indicative rate) 10 years @ 10.5%: Php. 15,516.27 15 years @ 10.5%: Php. 13,024.43 STUDIO 20sqm FULLY FURNISHED Total List Price: Php. 1,421,000 5.5% Other Charges: Php 78,155 Total List Price: Php. 1,499,155 20% Initial Investment (payable in 36 months): Php. 299,831 Reservation Fee: Php. 25,000 36 Monthly Payments: Php 7,634 only!!...

Words: 607 - Pages: 3

Free Essay

Operations Management - Concordia

.... | | |  |  |time |time |units |number |number |time in min |time in sec |units |% |time/unit |time/unit |hours | |Step 1 |Cut |72 |  |1 |2 |2 |0.6 |36 |800 |75% |72 |72 |0.020 | |Step 2 |E-strip |66 |18 |1 |2 |2 |0.7 |42 |685.71 |88% |84 |84 |0.023 | |Step 3 |I-strip |60 |18 |1 |2 |2 |0.65 |39 |738.46 |81% |78 |78 |0.022 | |Step 4 |Sleeve |84 |  |1 |2 |4 |0.70 |42 |685.71 |88% |168 |84 |0.047 | |Step 5 |Term Ap |72 |  |1 |2 |2 |0.60 |36 |800 |75% |72 |72 |0.020 | |Step 6 |Oven |900 |240 |16 |2 |4 |0.59 |36 |808.42 |74% |142.5 |71.25 |0.040 | |Step 7 |TPA |108 |  |1 |3 |3 |0.60 |36 |800 |75% |108 |108 |0.030 | |Step 8 |S-tape |72 |  |1 |2 |2 |0.60 |36 |800 |75% |72 |72 |0.020 | |Step 9 |Grommet |78 |  |1 |2 |2 |0.65 |39 |738.46 |81% |78 |78 |0.022 | |Step 10 |Wire asm. |75 |  |1 |2 |2 |0.63 |37.5 |768 |78% |75 |75 |0.021 | |Step 11 |Inspec. |192 |  |1 |  |6 |0.53 |32 |900 |67% |192 |192 |0.053 | |Step 12 |Add clips |120 |  |1 |3 |3 |0.67 |40 |720 |83% |120 |120 |0.033 | |Step 13 |E-test |150 |  |1 |4 |4 |0.63 |37.5 |768 |78% |150 |150 |0.042 | |Step 14 |Inspec. |156 |  |1 |  |3 |0.87 |52 |553.85 |108% |156 |156 |0.043 | |Step 15 |Bar-scan |105 |  |1 |3 |3 |0.58 |35 |822.86 |73% |105 |105 |0.029 | |T-Put |  |  |  |  |  |  |  |  |553.85 |108% |1673 |1517.25 | | |  |  |  |  |  |  |  |  |  |  |  |  |  | | |  |  |  |  |  |  |  |  |  |  |  |  |  | | |  |  |  |  |  |  |  |  |  |  |  |  |  | | |  |  |  |  |  |  |  |  |  |  |  |  |  | | | | | | | | | | | | | | | | | | | | |step 1......

Words: 373 - Pages: 2