Investigating Business Resources
Unit - 2
ID Number: 25068636
Level 3 Year 1
Task-1 P1, P2 & P3
To: Mr. Ben Johnson (Managing Director)
From: Tanjila Namaji (BTEC Business Student)
Subject: How Burma Castro can manage its Human Resources effectively.
Date: 27th April 2010
(P1) Introduction “Burma Castro has been in business for five years in southern Asia. The company’s initial move was to enter into Join Venture and other strategic alliance with three companies in northern Africa that deal in unrelated business leads. The company now wants to grow within its geographical area (southern Asia) and needs assess its current performance, set a vision for growth and finance the business growth. The managing director, Mr Ben Johnson has approached me for advice and because I am BTEC national diploma student, I will have to provide some useful business advice on managing the Human resources, Technological resources, financial resources as well as Physical resources of Burma Castro.” In this task I will describe how Burma Castro can manage its Human Resources (HR) more effectively. First I will look at two angels of HR which are: department and employees. I will explain what each of these do and how they manage their activities.
Human Resource Management (HRM) is the function within an organisation that focuses on recruitment of, management of, and providing direction for the people who work in the organisation. Human Resources are the people that work for an organisation, and HRM is concerned with how these people are managed. However, the term HRM has come to mean more than this because people are different from the other resources that are utilized in running of an organisation. People have thoughts and feelings, aspirations and needs. On the other hand HRM has thus come to refer to an approach, which takes into account
Bibliography: The Financial Services Environment (Financial World Publishing 2002) Author: Brighouse R and Hontoir J