Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Select three (3) business resources that are important to your organisation's activities. Complete a comprehensive flow chart, table or written response that demonstrates your understanding

Select three (3) business resources that are important to your organisation's activities. Complete a comprehensive flow chart, table or written response that demonstrates your understanding of your organisation's processes and requirements for resource handling, covering: Acquiring the resource. Acquiring the resource in this context refers to investigating the resource, sourcing suppliers, advertising for it (humans or tenders), ordering it. Applicable timelines Purchasing requirements/rules/limitations. May relate to budget allocations and limits, payment methods, procedures to follow and comply with, or authority levels involved in the purchase. Obtaining the resource Checking/reviewing for quality Allocating the resource Storing the resource

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management Text And Cases

Authors: Gregory Dess , Gerry McNamara , Alan Eisner , Steve Sauerwald

11th Edition

1264124325, 978-1264124329

More Books

Students also viewed these General Management questions

Question

4. Explain the plan-do-check-act cycle.

Answered: 1 week ago