Pages in this set

Page 1

Preview of page 1





ASSESING INTERNAL AND
EXTERNAL INFLUENCES

ON WORKFORCE PLANS

INTERNAL:

The org strategic plan including its corporate
objectives.
The org marketing and production plans, inc its
marketing and production obj. (technology may require workers
to have certain skills. Employees that speak another language may
be needed to go abroad if org…

Page 2

Preview of page 2
Local factors (unemployment rates)


ISSUES WITH IMPLEMENTING WORKFORCE PLANS

Employee/employer relations (communication with employees)
Corporate image (enhance image of org if it is a good one)
Cost (finance has to be sufficient)
Training


THE VALUE OF USING WORKFORCE PLANS

Helps org meet its obj with appropriate and sufficient workers.
Avoids…

Page 3

Preview of page 3
UNIT3 CHAPTER 18 COMPETITIVE ORGANISATIONAL STRUCTURE

Page 4

Preview of page 4
UNIT3 CHAPTER 18 COMPETITIVE ORGANISATIONAL STRUCTURE part 2













Page 5

Preview of page 5


UNIT3 CHAPTER 6 MAKING INVESTEMENT DECISIONS

Reasons why businesses invest
1. To replace or renew an obsolete or depreciated asset
2. To meet increased demand for the firms product
How investment can help businesses to reach functional objectives
e.g. Marketing: increase market share by 4 % opening new outlets or…

Page 6

Preview of page 6
2 2925 1125 1800 (1050)
3 2535 975 1560 510
4 2210 850 1360 1870
5 1950 750 1200 3070
Assessing Payback
It provides the time that the payback will pay for itself. If it exceeds the loan that is funding the
investment then it is not worthwhile.
It does…

Page 7

Preview of page 7





Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »