Task 2 Business Consultancy Firm: How Businesses Manage Resources
P3, M1, P4 As part of your training, your manager asks you to prepare a presentation into how a local organisation manages its physical and technological resources.

This task is designed to cover:

P3 Describe the main physical and technological resources required in the operation of a selected organisation
M1 Explain how the management of human, physical and technological resources can improve the performance of a selected organisation
P4 Describe sources of internal and external finance for a selected business

• Prepare a PowerPoint presentation detailing the physical and technological resources involved in the running of your selected business. Your presentation needs to take into account all those resources needed in the day-to-day running of that business. You should have at least one slide for each aspect, together with relevant images and your presentation should be no longer than 10 minutes. (P3)

You should continue the PowerPoint presentation and create note slides to assist you in presenting your ideas. Take each group of resources in turn (human, physical and technological) and explain how managing these resources appropriately can lead to improvements in the overall performance of your selected organisation. To get you started, you could consider how managing staff could lead to higher sales levels, increased profits, reduction in costs and lower staff turnover rates. Similarly, how could managing your buildings, equipment and technology lead to improvements in sales, profits, customer satisfaction etc. (M1)

You now need to describe the sources of internal and external finance for your selected business and how each source can be accessed. You should do this by adding the necessary slides to the PowerPoint – no more than 3 additional slides. (P4)

Evidence you must