Business Resource P3

Topics: Employment, Resource, Lucent Technologies Pages: 7 (2637 words) Published: December 2, 2014
Business Resource P3

With Examples, you are to describe the main physical and technological resources required in the operation of your selected organisation.

In this assignment I will describe the main physical and technological resources required in the operation of Tesco.

Physical Resources

Physical resources are resources that the business needs to maintain in order to carry out its activities. They mainly include things like facilities, buildings, machinery and more. These are resources that are available to a business’s organisations in form of buildings and other machineries needed for the day to day running of the organisation.

Tesco have many physical resources such as their toilets, buildings, trolleys, CCTV’s. Toilets is a good resource to have within a good organization as it can attract more customers to not feel rushed into shopping because they need to go toilet they can shop at their own paste and use the toilet when they feel to. Another physical resource for Tesco is the car park so customers can park within Tesco’s car park and not have to worry about receiving a ticket, or checking their time to get back to the car before they get a ticket, this will also attract more customers to shop within Tesco. A recent physical resource that Tesco has brought in is the self-checkouts; this is good for customers that want to quick shop as Tesco can be quite busy on some days they don’t want to wait in the long queues so they can use the self-checkout which is much quicker.

Buildings

Permanent or temporary structure enclosed within exterior walls and a roof, and including all attached apparatus, equipment, and fixtures that cannot be removed without cutting into ceiling, floors, or walls.

Materials

The matter from which something can be made. Material can include but is not limited to raw and processed material, components, parts, assemblies, sub-assemblies, fuels, lubricants, coolants, cleaning agents, and small tools and accessories that may be consumed directly or indirectly.

Plant and machinery

Like materials and buildings, each business has specific requirements for the type of plant and machinery. As Tesco don’t own factories to where they’re products are produced they pay for another company to produce their products or have suppliers. Most of Tesco’s products are from suppliers. This means even though they may not own the factory they have to pay the right amount to the suppliers for them to produce their products for them.

Equipment

Equipment is essential for a business to operate smoothly. Equipment is critical for profit and non-profit organisations like Tesco. In some organisations lack of equipment means a job or service cannot be carried out. Equipment is crucial for Tesco as they deal with selling a range of products from fresh food to technology and more. Within Tesco they will need tills so that people will be able to purchase products from their store. Tills help them to take payments from customer, without the tills they couldn’t take payments from customers or record profit or loss within all the Tesco stores. Also within a Tesco retail store they need to provide equipment like shelves to stock the products within the store, without the shelves and equipment to put the products on the store wouldn’t appeal to customers. On a staff level they have to provide the retail store staff with uniform. For Tesco it’s essential that the customer face staff have uniforms as it looks more professional and also it is a very big store so they must be and look professional.

Technological Resources

Intellectual Property

Is the Knowledge, creative ideas, or expressions of human mind that have commercial value and are protectable under copyright, patent, trademark, or trade secret laws from imitation, infringement, and dilution. As Tesco designs different products they wouldn’t want other supermarket companies to copy what they have designed so they would hold...
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