P3 Describe the main physical and technological resources required in the operation of your selected organisation
Tesco use both physical and technological resources. Physical resources are resources that are available to business organisations in the form of buildings and other machineries needed for the day to day running of the organisation. A few examples would be:
Buildings and Facilities: All businesses need buildings which they control from, this can range from someone’s front room, or tower blocks all over the world, buildings play an important role in the image of a business and can influence different types of customers, many financial institutions such as banks like Lloyds TSB and HSBC have very famous buildings as their headquarters and are still located in central London near the stock exchange so that they can …show more content…
At Tesco, technology is right at the heart of the business. Helping to improve the shopping experience for all their customers. As you would expect from a world-class business, Tesco need systems which are at the forefront of the industry and if the technology doesn't exist, they’re not afraid to innovate and be the first globally to develop and use it.
M1. Explain how the management of human, physical and technological resources can improve the performance of a selected organisation.
In the Merit part of the assignment, I will explain how the management of human, physical and technological resources can improve the performance of an organisation relating to Tesco.
The management of human resources is very important for an organisation like Tesco; the management should therefore find the proper approach to their employees to be able to plan and manage them in a professional way. The Human Resource department is essential for an organisation since if the employees perform efficiently it increases the production and customer service in the organisation. Tesco can manage its human resources through methods such