P3+M1 – Describe and Explain the Main Physical and Technological Resources Required in the Operation of a Selected Organisation

Some offices and other business may use additional specialist equipment, depending upon the nature of the business and the needs of the staff. Examples

Facilitates the flow of documents/information to and from the unit, and ensures financial integrity and consistency by controlling, in accordance with policy, purchase and payment authorities, receipt of goods and services, requisitions, reconciliation of accounts and travel accounts.

• Liability: The owner has unlimited liability. When the business fails it is up to the owner to pay all the creditors off.

In this assignment I will describe the main physical and technological resources required in an organisation, and how the management of human, physical and technological resources can improve the performance of Tesco.

A. Describe the resources, (equipment, staff (number of staff and their qualifications and facilities) that you have to fulfill this contract.

Unit 5004 - Resource management  Introduction This unit is about being able to identify the different types of resources available to managers, select and plan for their use, and monitor and review their effectiveness in the pursuit of organisational objectives. Scenario Learners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario- If you will be using a scenario please select and research an organisation of your choice and identify a department within the organisation. Imagine you manage 6 staff within the department and have a range of human, physical and financial resources

Soon this calling grow to a level that demanded more resources than the small startup could not easily sustain. Information Technology needed to be improved to situation to enable the staff to leverage its promise for increased work flow. With the increased efficiency from an increase IT presence came the need for more from the knowledge on how to manage this resource. This

People in rental housing often think the landlord has it covered. This is partly true: If something bad happens to the building structure, the landlord is responsible for it and likely has appropriate coverage. However, the landlord is not responsible for replacing the contents of the building. In other words, your personal possessions are not covered in the event of fire

Facing lawsuits and lost it can cause financial trouble. Whatever your stature in life, you need an umbrella insurance to cover you from legal impediments when you get sued by a client, a tenant or a third party. It is not a good idea to depend on one type of insurance policy if you are avoiding financial problems in the future. Be wise enough by having umbrella insurance quote Elgin. The purpose of his policy is:

In this part of work I will be evaluating what the costs and benefits of managing resource are. The resources I will be concentrating on will be the physical, human and technological.

At the core of every organization are the human, physical, technological and financial resources that enable it to function. In this unit you learn the importance organizations place on managing their resources efficiently in order to achieve their objectives.

For commercial businesses, general liability can be defined as the type of insurance that “protects the insured from most liability exposures other than automobile and professional liability.” These types of risk present themselves on the premise of business operations, and lawsuits brought against the insured either through injury or professional contracts that the insured is included in. Actions of the employees of the company also fall into general liability.

1. Describe the organizational structures and devices 3M uses to encourage entrepreneurial activity. Why do they work?

Real estate dealers always advise home owners on getting covers for their premises. There are a couple of cheaper home insurance 2017 trends that guide people on how to go about protecting their properties and households. This applies to both house owners and those who rent out properties. Accidents are unpredictable in that they can occur anytime. Coverage will protect you from incurring huge expenses incase certain risks occur as insurers will help you cater for most damages.

Firstly, let us take a look at tangible resources. Under this category, we have financial resources, organizational resources, physical resources and technological resources.