Table of Contents
P1 Describe the recruitment documentation used in Tesco.
P2 Describe the main employability, personal and communication skills required when applying for a specific job role
P3: Describe the main physical and technological resources required in the operation of a selected organization
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
P6 Illustrate the use of budgets as a means of exercising financial control of a selected company
P7 Illustrate the financial state of Heather and Annabel
This report is going to describe the different aspects of Tesco plc. Tesco Public Listed Company is an international supermarket chain where is located in the United Kingdom and the founder of Tesco was Jack Cohen. It is not only the largest retailer in the United Kingdom as well as internationally. Basically, Tesco is specializing in fast-moving consumer goods. It is selling food and non-food products. Tesco began its operation in more than 12 countries and Malaysia was one of them operated in 2002. In fact, Tesco was the first retailer to start operating on the internet in the UK since 1994 as well as offering online shopping services in the world since 1996.
Additionally, Tesco already started such high-technology operations in the Republic of Ireland and South Korea. Tesco disclosed its 2005 annual report had 300 stores within the United Kingdom and managed to serve 98% of the population. Tesco received at least 120000 orders per week and 1000 local delivery vans were able to deliver for 1 million households. In the financial year ending 26 February 2005, it recorded online sales up 24.1% to 719 million pounds and profit up 51.8% to 36 million pounds.
P1 Describe the recruitment documentation used in Tesco
A job advertisement is placed when a vacancy arises within a company like Tesco. Job advertisements can be found in newspapers, online, and on notice boards at companies and colleges. A job advertisement should focus on the person a company is trying to attract and the details of the job vacancy, according to Industryappointments.com. The language used in a job advertisement should be simple and sentences short and direct. Bullet points are a useful format to list details like salary, location, start date, role, purpose, and experience required. A job advertisement should not use overly-technical descriptions and should address a reader directly. In addition, the information presented given should be vital and digestible. Although a company logo should be present, it should not dominate the advertisement. Tesco has several ways to advertise their vacancies. They have many options like their website, newspaper, job center, internal advertisement, and also advertisement within their branch.
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A Tesco Job Vacancy
Image: A job vacancy in Tesco Source: www.tesco-career.com (2016)
The job description sets out the purpose of a job, where the job fits into the organization structure, the main responsibilities of the job, and the key tasks to be performed. The job description sets out how a particular employee will fit into the organization. It, therefore, needs to set out: the title of the job to whom the employee is responsible for whom the employee is responsible a simple description of the role and duties of the employee within the organization. The job description can be used as a job indicator for applicants for a job. Alternatively, it can be used as a guideline for an employee and/or his or her line manager as to his or her role and responsibility within the organization.
The person specification is a profile of the ideal candidate for the job. It enables potential candidates to determine whether they meet the required experience and qualifications. It also helps employees to identify requirements for the job. The person specification helps during interviews and it also helps to be used as a basis for staff development, appraisals, and promotions. The person specification details the necessary skills, qualifications, experience, or other attributes needed to carry out the job. Using the person specification throughout the recruitment and selection process enables Tesco to ensure that the best candidate is selected.