Unit AS 2 Managing Business Resources

A look at the key accounts: income statement and statement of financial position.

A look at budgeting, why it is important and the types of budgets.

A look at the key users of financial accounts and their interest in a business accounts.

A look at the key functions/roles of management.

A look at the chain of command, span of control, organisational structures with diagrams. Advantages and disadvantages of a wide and narrow span of control. Advantages and disadvantages of de-layering. A look at the type of organisational structures: Tall and Flat with advantages and disadvantages. Centralisation and de-centralisation - Advantages and Disadvantages.

A look at the importance of staff, examples of poor planning, a look at the recruitment process mainly job analysis, job description and person specification. Advantages and disavantages of internal and external recruitment. Succession planning with examples. Training and the various types: on the job and off the job along with appraisal,

A look at the advantages and disadvantages of CV's, interviews, testing and application letter.

A look at the key oral, written, numerical, non-numerical, verbal and non-verbal forms of communication.

A comprehensive guide and summary of communication.

A look at the main financial methods of motivation including a time rate, piece rate, commission, fringe benefits, fees, profit sharing and performance related pay.