Unit BM302: Business Resources

Aim

The unit will explain how a range of resources, including human, physical, technological and financial resources, are used and managed within business. This unit will help the learner to have an understanding of how human resources are managed and of the employability and personal skills required of personnel in an organisation.

Learners will gain an understanding of the purpose of managing resources effectively, not only in relation to human resources but also in terms of physical and technological resources. Learners will also gain an understanding of how an organisation can gain access to sources of finance, both internally and externally and be able to interpret financial statements.

There are clear links between this unit and many of the other units; it serves as a useful introduction to areas that may be covered in depth in further units.

Learning Outcomes and Assessment Criteria

Learning Outcomes. To achieve this unit a learner must be able to:	Assessment Criteria: Assessment of these outcomes demonstrates a learner can:
1: Know how human resources are managed	1.1: Describe how organisations select their employees and what document are required 1.2 Describe the importance of employability and personal and communication skills when choosing employees in an organisation
2: Understand the purpose of managing physical and technological resources	2.1: Describe importance of physical and technological resources required in selecting employees into an organisation
3: Identify ways to access different sources of finance	3.1: Describe importance of internal and external finances available for a selected company
4: Understand financial statements	4.1 Describe importance of content of financial statements in a selected organisation