A16. Describe the requirements for the following resources included in operational plans:

• Physical
• Financial
• Human

Answer in 150-300 words using the table below.

Resource Type	Description of the resources and 2 examples	How to acquire the resource
Physical		How do you acquire physical resources and/or services?
What does a procurement process include? (list at least four considerations)
What are the relevant organisational policies and procedures?
Financial		What workplace documents provide information about financial resources?
How does the budgeted and actual finances influence profitability and productivity of the operational plan?
Explain how to obtain additional finances:
Human		How do you recruit staff?
Describe at least two induction strategies:
What are the relevant organisational policies and procedures?