Table of Contents
P1 Describe the recruitment documentation used in Sainsbury’s.
Curriculum Vitae (CV)
P2 Describe the main employability, personal and communication skills required when applying for a specific job role
Explain how you meet the criteria for the job (employability, personal and communication skills)
P3: Describe the main physical and technological resources required in the operation of a selected organization
Physical resources of Sainsbury.
P4 Describe sources of internal and external finance for a selected business.
P5 Interpret the contents of a trading and profit and loss account and balance sheet for a selected company
Income statement (profit and loss statement)
Balance Sheet (Statement of financial position.
P6 Illustrates the use of budgets as a means of exercising financial control of a selected company.
Calculation of breakeven point for Scrumptious.
Budget and it is important
Problems identified through budget information and possible solutions.
Why budget should be controlled properly.
P7 Illustrate the financial state of Heather and Annabel
This paper aims to describe several resources used by business organizations, particularly focusing on a selected organization. The chosen organization here is “Sainsbury’s”. Sainsbury’s is the second-largest chain of supermarkets in the United Kingdom, with a 16.9% share of the supermarket sector in the United Kingdom. Sainsbury’s was founded in 1869 by John James Sainsbury and his wife Mary Ann. Tesco overtook Sainsbury’s to become the market leader in the year 1995, and Asda became the third biggest supermarket chain in the UK. It has 1415 stores across the UK. It servers millions of customers every week with about 162,700 employees. It gained £23.506 billion in revenue in 2016, £707 million in operating income and £471 million in net income in 2016 (Sainsbury’s, 2017).
P1 Describe the recruitment documentation used in Sainsbury’s
A job advertisement is a paid announcement in a newspaper or other medium about a job vacancy. The advertisement is part of a wider recruitment process designed to attract suitable and qualified candidates for a job. Job advertisements are created by human resource professionals or external recruitment agencies working with the managers of departments who need to recruit staff. When any vacancy is created in Sainsbury’s, it first does job advertisements through different media including its own website and external agencies like Indeed. An example of a Sainsbury’s job vacancy is outlined as follows:
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Image: A job vacancy at Sainsbury’s Source: Sainsbury’s (2017)
A job description summarizes the duties of a position and states the essential responsibilities of the job. Sainsbury’s relies on a job description to relay this information regarding a work role to potential candidates. This job description encourages qualified applicants to apply and discourages the application of unqualified individuals. The job description also helps to structure job interviews by focusing attention on the work requirements and applicant credentials that are most important to success in the position to be filled. The job description also establishes expectations for potential employees of the criteria that will be used to evaluate future on-the-job performance. In a word, Sainsbury’s job descriptions highlight the primary responsibilities, requirements, qualifications, and challenges of a given job.
Once the job and organizational analyses and the job description have been completed, the next stage is to write a specification of the kind of person needed to fill the job described. It allows Sainsbury’s to communicate the exact traits in their ideal candidates such as education, previous work experience, and any extra traits that are needed in the role. It is important to be as precise as possible about the skills, knowledge, qualifications and attributes that are required for the job and about the experience and personal characteristics that are needed. It is good practice for Sainsbury’s to specify what is essential or the minimum requirements to perform the job, as well as what is desirable…………..