Unit 3 Human Resources 0.0 / 5 ? Applied BusinesshumASAQA Created by: sadeCreated on: 30-12-13 17:27 definition of Human resources are people who work within an organisation 1 of 8 definition of physical resources are an organisations fixed assets such as premises, stock and vehicles 2 of 8 definition of financial resources are a business's cash and capital resources 3 of 8 define allocative efficiency is the process of distributing resources effectively so that the minimum number of resources are in the right place and the right time 4 of 8 information resorces involves information on: sales, employees details, production data, suppliers record, financial information, customer details, records 5 of 8 benefits of resource management sophisticated information, manage effictively, allocative efficiency, prevents waste and mistakes 6 of 8 define business software something that obtains accurate and up to date information 7 of 8 define spread sheets spread sheets are software application specifically designed to store numerical information 8 of 8
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