1. Identify, evaluate and assess the impact that three key resource decisions have both internally and...

 

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1. Identify, evaluate and assess the impact that three key resource decisions have both internally and externally on your organisation's performance and effectiveness, and evaluate the risks that can occur from inadequate resources. In your response, discuss the tools and techniques you would use in planning and allocating resources. SRMO: LO 1 (pcs 1.1, 1.2, 1.3) 2. Analyse financial statements from your organisation to determine its financial viability and make financial recommendations based on sourced information. Your answer should incorporate the application of financial ratios where this is appropriate to improving information quality. SFM: LO 5 (pcs 5.1, 5.2, 5.3) 3. Use various strategies and tools to monitor and evaluate your organisation's intangible and tangible resources. Use appropriate techniques to assess how efficiently these are utilised. Explain within your response the value that intangible resources can have for organisations. SFM: LO 4 (pcs 4.1, 4.2) 4. Explain the importance of costs in pricing strategies and recommend improvements to your organisation's existing costing system. Within your response you should design a costing system for your selected organisation, having explained different approaches to costing and choosing the most appropriate approach for your chosen organisation. SFM: LO 2 (pcs 2.1, 2.2) 1. Identify, evaluate and assess the impact that three key resource decisions have both internally and externally on your organisation's performance and effectiveness, and evaluate the risks that can occur from inadequate resources. In your response, discuss the tools and techniques you would use in planning and allocating resources. SRMO: LO 1 (pcs 1.1, 1.2, 1.3) 2. Analyse financial statements from your organisation to determine its financial viability and make financial recommendations based on sourced information. Your answer should incorporate the application of financial ratios where this is appropriate to improving information quality. SFM: LO 5 (pcs 5.1, 5.2, 5.3) 3. Use various strategies and tools to monitor and evaluate your organisation's intangible and tangible resources. Use appropriate techniques to assess how efficiently these are utilised. Explain within your response the value that intangible resources can have for organisations. SFM: LO 4 (pcs 4.1, 4.2) 4. Explain the importance of costs in pricing strategies and recommend improvements to your organisation's existing costing system. Within your response you should design a costing system for your selected organisation, having explained different approaches to costing and choosing the most appropriate approach for your chosen organisation. SFM: LO 2 (pcs 2.1, 2.2)

Answer rating: 100% (QA)

The Rank Group Company is a public limited company that is incorporated and domiciled in England and Wales and is listed on the London Stock Exchange Q1 Human raw materials and capital are the three p... View the full answer