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Business resources M1

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Introduction

Merit 1, Asses how managing these resources can improve the performance of your selected organisation. Managing business resource is vital for any business if they are determined to do well. A business has two types of resources and by managing the business resource it can improve the performance of the business in many areas such as profit margins and market share. If Sainsbury use they staff in an appropriate manner and make use of all they skills and abilities then the business can gain high amount of output for instance high level of productivity, motivated and improve team working. The business can give the staff training to broaden the skills and abilities of the staff which will benefit the business has the staff will be multi-skilled and will be able to work in different areas so if there was a staff absent another staff can filled and do the job task required.. ...read more.

Middle

If Sainsbury manages its building properly by using to its full capability and ability then the business will manage to decrease costs and by redeeming cost from the use of the building. For instance if the business has empty shelves in the building then the business will not be gaining any money from that space of the building and they are not using the equipment to its strength which means they are not recouping they cost. If Sainsbury manages its security properly then the business has the assurance of they stock and valuable in the business are safe and secure. This can be only done if the security cameras are checked regularly if they are working and if the alarms set on at the right time. If these are not checked then business risks losing they stock and valuables by little mistakes which could have been corrected. ...read more.

Conclusion

If Sainsbury for instance use their vans appropriately for home deliveries then the business might manage to increase sales through online shopping as customers would be content with the service. If Sainsbury for instance use they trucks properly then they will manage to maintain they stock level by having the deliveries on time. This will eventually have an impact in the performance of the business by improving the performance. If Sainsbury manages it products correctly then the business will manage to sell most of its product and gain profits from those products. However if the business doesn't manage its products appropriately then the business will risk wasting those products which will mean the business would have increase costs. So using the products owned by the business appropriately would improve the performance of a business as it will have high sales levels and gain high profit margins from those products. ?? ?? ?? ?? Abdulaziz Omar Unit 2 - Investigating Business Resources ...read more.

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