Maximising Resources to Achieve Business Success Assignment Help

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Qualification - ATHE Level 3 Diploma in Business and Management

Unit Name - Maximising Resources to Achieve Business Success

Unit Level - Level 3

Unit code - M/508/3606

Unit Credit - 20

Assignment Title - Maximising Resources to Achieve Business Success

Learning Outcome 1: Understand the importance of resources to business success

Learning Outcome 2: Know how organisations monitor the use of resources

Learning Outcome 3: Know about new technologies used in organisations

Learning Outcome 4: Understand the process of project management and how it contributes to the efficient use of resources

Learning Outcome 5: Understand how organisations work towards ‘best practice'

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Case Scenario

In preparation for the next stage in your career you have applied for a temporary contract in the Resources Department of INTEL which is a business that manufactures audio visual equipment. The business is a large, multinational organisation with divisions in several countries and there is always competition for the employment opportunities advertised, as the business has a good reputation and the salaries are very attractive. You are keen to do well, learn from the experience and you believe that it will improve your prospects and your future career development.

Assessment Task 1

Following your initial enquiry you have received a letter from the HR Department at INTEL which asks you to send a document that:
1. Describes the new technologies available to organisations and explains how they are used.
Extension activities:
In order to gain a Merit grade you should extend the contents of the document by:
• Explaining how new technologies are impacting on organisations.

In order to gain a Distinction grade you should further extend the contents of the document by:
• Assessing the risks faced by organisations if they do not protect their technology.

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Assessment Task 2

Congratulations your application has been successful! You have now been asked to attend for an interview and the letter states that you need to prepare a presentation which will be part of the selection process. You must supplement your presentation with accompanying notes and you decide to include examples of actual businesses to show the panel that you understand the importance of resources to business success.
The presentation and notes must include explanations of the following:
1. The resources needed by organisations in different business sectors of the economy.
2. How and why resources must be monitored
3. What is meant by benchmarking and how this is used by organisations to monitor resources.
4. What is meant by performance indicators and how they are used by organisations to monitor human resources.
Extension activities:
In order to gain a Merit grade you should provide a handout for the panel which:
• Explains best practice in terms of resource monitoring and usage.
• Explains the impact of a shortfall in resources on business performance
In order to gain a Distinction grade you should extend the contents of the handout by:
• Assessing resource monitoring in an organisation and recommending further developments and/or corrective action. You must know this organisation well so that this section of the handout contains specific and accurate information.

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Assessment Task 3
You know that at the interview there will be questions on project management and you decide to make some detailed notes in preparation for this part of the selection process. In the notes you must:
1. Identify and explain the key skills needed by a successful project manager
2. Describe the Three Stage-Project Cycle
3. Explain why it is important to identify and rank a project's critical factors
4. Explain the tools used for managing projects
5. Explain the purpose and importance of project evaluation and review.
Extension activities:
In order to gain a Merit grade you must:
• use the case study provided in Appendix 1 and produce a project plan which shows how you will monitor resources for all stages of project management.

Assessment Task 4
In the letter from the HR Department at INTEL there is a request for you to send a document prior to the interview so that the panel can use this as a basis for some questions on how organisations work towards best practice. The document must:
1. explain the terms ‘excellence' and ‘quality' and the impact of these concepts on organisations.
2. describe tools and techniques that are used by organisations to ensure the quality of their products and services.
Extension activities:
In order to gain a Distinction grade you must:
• Evaluate the quality systems within an organisation and make recommendations for improvement
You will need to use an organisation you know well, for example where you are employed, where you work in a voluntary capacity or where you are studying. This will help to ensure the evaluation is accurate, detailed and specific and the recommendations are realistic.

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