Human resources Essay Example for Free

Human imaginations EssaySales and pays Human choices potbelly improve gross sales and dinero within the vexation. This is because the HR segment itself argon in discover in impairment of Hiring (including recruiting shadowdidates, the interview process, negotiations, and signing contracts. ) So skilfully speaking if the HR section hired a sales man that was not up to gratification and was lacking sales. Then this whitethorn m oppositewise been shine to HR department not being thorough enough at the interview or their mortal specification.I recollect the business should overlook the HR department and see what whitethorn need tweaking. I entrust doing this would potentially dish up the measurement of sales and addition within the business. Because hiring a puff up-earned appli empenna learn for the cheat would be there lead be more sales/profit. There are many skillful resources that may garter aid sales and profits to add within a business. One ski llful resource that could potentially improver sales and profits is the use of software for a development of a website. Nowadays the majority of the population has most type of computer.Having a website for your business can be very takingsive, businesses may use a website to either sell their products/items or they might just use it for forwarding and advertisement purposes. One may be effective more the other depending on the type of business. Although at the end of the day both ways in which you use a website for your business is effective. As it impart promote it to a wide range of audiences that hurl access to the web, this indeed would declaration in sales and profits potentially increasing. Physical resources may be necessary if the business may need publicity for it to operate.For example, having a branch. More guests are more likely to join a firm if you grant a branch and by this time the finance could potentially emergence gradually, thence improving sales profits. m wholenesstary resources can wait on monitor the finance within the business. A business needs to tick off that they contrive enough money so that they are able to order stock/products e. c. t. They also have to insure that they are monitoring the money effectively so that they have money for bills, wages and other expenses. I believe using financial resources can help aid a businesss profit and sales just by monitoring effectively.Customer ungenerous The HR department are in control of the Promotions and raises within the business. If for example a group of clients come on a regular floor to buy various products for a specific price. Then if one day HR decides to raise the damage of product doing this could potentially damage the customer root word. This is why it is briny(prenominal) for the HR department to ensure that they have regular promotions within the business they should also only raise the product items if it is completely necessary, otherwise it c ould stir suppliers or other customers that are In businesses customer ancestor. Carrying this entire out could defiantly aid the customer base. Having practiced resources available considers that the business is able to keep a customer base. This can be done by customers be able to use a website for latest information or they can get updated emails e. c. t. I believe ensuring a business has an email system and website is consequential as it can aver a customer base for people that are interested. A business should use carnal resources to set up a customer base. There are many physical ways in which you can set up a customer base or help get one together.As a business you should always be on the hunt for new-fangled customers and seeking methods to incur them to your door. If you are not consistently looking for opportunities-s to build your customer base, your business could fall off of the harvesting track. One really popular way to start up a new customer base is it to use Twitter, Facebook, Google+ or LinkedIn. It all depends on whom you are targeting for business. Managing financial resources is about getting the most from the resources you have available.It involves implementing resource management procedures and it also controls and can include managing costs and maximising opportunities. A customer base can be managed and improved by using a bank loan or some type of finance resource. Using this investment business should use it to promote/advertisement their company, doing this could potentially help create or increase a customer base. Employee satisfaction and staff turnover HR department could potentially help aid the employee satisfaction within a business.This is because HR are in control off the employee, HR have the power to dismiss an employee they also have the power to promote an employee. The HR should ensure that all the employees are comfortable in their job they should do this by using questionnaires at the end of the month for employees to fill in, I believe doing this could potentially increase the employee satisfaction that they have on the business. HR should include special days once a month and include a give meal for all employees this could potentially raise employee satisfaction.Staff turnover is controlled by the HR department and thereof they are in control in terms of employing new employees e. c. t. Although HR should be well aware and only employ employees that meet the full requirements for the job. Technical resources can make the locomote key more appealing and may satisfy employees. For example having computers in an office for employees to take shape on will satisfy them. Although if for example the work place did not have computers, employees may feel unsatiated and they may feel uncomfortable this then may result in employees quitting their job.That is why it important for every work place to ensure that they have technical foul resources within the work place if necessary. Ensur ing that the work place has computers and other technical resources may positively affect the staff turnover within the business. It may result in receiving a good reputation in terms of having good equipment and resources within the work place. Employee Job gaiety surveys allows an organization to understand their employees. Employees often act on the basis of their environment, the behaviour of their colleagues, and management policies.Employee satisfaction and storage surveys can give management the knowledge and tools that directly impact the bottom line and business outcomes and doing this could potentially build positive employee relations and a positive work environment. This could later down the line increase staff turnover as employees by feel comfortable and like their job more this therefore will potentially increase staff turnover. Finance within a business can increase employee satisfaction. For example if the work place is poor businesses should use financial resourc es to sort it out, if left poor employees may feel unsatisfied. This also could result in staff turnover to decline. Customer satisfaction The HR department are amenable for hiring employees with respect. The HR department should ensure that before hiring an applicant that they show good customer communication and they should also have a good experience with customers. Also ensuring that the applicants have these qualities is important in particular as a sales man. Having attitudes towards customers would defiantly affect the businesses customer satisfaction in a whole.Tasks in hand cannot be completed without these vital technical Resources. For instance if computers or any other technical resource is damaged or not working for a particular reason then, this may effect customer satisfaction. With physical resources there would be no customer satisfaction. Physical resources are cognize to be the resources do by man through his abilities and skill. The technology, buildings, and many more products. Therefore if the building layout is poor this could result in customers not being satisfied.Finance resources can be used to aid customer satisfaction. A small group of member can be funded by finance resources to carry out customer surveys this can be used to help manage customer satisfaction within the business. Customer satisfaction is down to the service and the quality of the service. This can be managed and potentially increased by using financial resources to improve the quality and the service. Levels of competency Human resources departments play a critical role in alter to the Overall productivity and efficiency of an organization.As HR helps to build a stronger workforce through dampen recruiting, training and retention, the Workforce helps drive the efficiency of the business as a whole. Levels of efficiency can be improve and measured. This can be measured by using technical resources. For example using a piece of software such as excel, this typ e of technical resource can help businesses record figures e. c. t. Also using this piece of software could potentially improve the levels of efficiency within the business. Levels of efficiency can be measured using technology (physical resources.) Businesses can measure the efficiency using computers. measurement the levels of efficiency is important as business are able to see an overall view of the businesses exploit/efficiency Finance resources can help increase the levels of efficiency. There are a number of ways in which this can be increased. The business should see where which area is falling and they should invest money into this to disperse the problem. 2 June 2013 From UkAdvisers Subject Measures of performance and resources Introduction Definitions Performance measurementsA sale is something that is sold for generally money. Although profit on the other hand, is money that is made through services it also excluding all expenses. A customer base is group of customers that come on regular basis and is serve by the business or service. Employee satisfaction is important is any business without it a business will lack employees working. What is does it mean? Employee satisfaction is how an employee feels in terms of their workplace/job role. Staff turnover is the amount of staff joining and difference the business.Customer satisfaction is similar too previous performance measurement, although customer satisfaction in a whole is how a customer feels about the business overall. The definition behind the levels of efficiency within a business is in other word the overall performance of the business, for example efficiency within a workplace is the time it takes to do something. Efficient employees and managers complete tasks in the least amount of time achievable with the least amount of resources possible by utilizing certain time saving strategies/methods. Resources Physical resources are known to be the resources that are made by man through his skill.The technology, buildings, and many other products that are made by man are just some examples of physical resources. Financial resources concern the ability of the business to finance its chosen strategy. An example of this is a strategy that requires investment in is things such as new products distribution channels and working capital these will all place great strain on the business finances. Human resources (HR) is a department within the company that is responsible with finding, screening, recruiting and training job applicants, as well as employee programs.Technological resources are such things as software, designs, music or text. Findings I believe for sales and profit the important resource for this is technical resources, the reason I have chosen this as the most important resource for this performance measurement is because within this resource businesses will fail to get the business on-line they will also will be unable to measure the sales and profit within the business this potentially could then damage the business.I have chosen finance resource as the least important resource for sales and profit, the reason I done this is because although finance could potentially help a business it can also damage a business in terms of paying back interest, businesses may out take various loans or other types of finance and then struggle paying it back due to the large amount of interest (%) attached. A customer base is important in a business and in my personal opinion I believe that over again technical resources are the most vital compared to the others.This is because nowadays a large percentage of the population have internet and visit social websites such as Twitter and Facebook. If a business had the right technical resources available then depending on the business having Facebook for example and starting up a Facebook fan rogue or customer page could potentially increase a customer base or it could produce a longer existing customer base. The least important resource that would slightly affect a customer base is using finance resources.I believe that using finance wouldnt maintain a customer base or increase a customer base unless used for promotion etc. Employee satisfaction is important if businesses want employees to stay working. This is why I believe physical resources are the most important resource. The reason I believe this is because handing out questionnaires to employees for feedback and improvements will promise customers and make them feel more comfortable it will also give an opportunity to employees to get their foreshadow across about something they may not like within the business.The least effective resource for this is technical resources, having few technical resources may not mean that employees will be unsatisfied, also the business may not necessarily need technical resources for its purpose. Human resources (HR) in my opinion is the most important resource for satisfying customers, this is because HR are responsible for hiring well-respective and well suited people for the job. Without this customers may feel unsatisfied with their service or their talk with an employee.I also believe that finance resources are the least important this is because you cant realistically fund customer satisfaction. Levels of efficiency again HR are responsible for who is hired and therefore if HR are not thorough enough with their recruitment process it may result in the company receiving an employee that is not suited enough for the job role this then would mean that the levels of efficiency within the business may decline. ConclusionIn conclusion, In my opinion I believe that human resources is the most important resource within a business and the most effective this is because HR are in charge of employee and their motivation and it also improves organizational productivity, if employees are well remunerated, with good salaries, wages, bonuses, and other fringed benefits such as hous ing allowance and medical allowances. This type of attitude motivation drives an employee to work as if it where his company, and thus in the long run the business will start too increase productivity.I believe that having a good motivation for something helps a person succeed. Evaluate the adequacy of explanation ratios as a means of monitoring the state of the business. (UNIT 2 D2) This is an informal report and the structure of the main section is as follows (a) Introduce the accounting ratios. Which main areas do they measure? (Profitability, efficiency, liquidity). Why are these important? (b) How are these used to monitor the state of the business?(compare to last year, to plan, to similar businesses, to industry average) What problems might there be in using the ratios in these circumstances? (c) What cant be measured with ratios that would be considered as relevant to measuring the state of the business? (e. g. environmentally friendly, staff motivation). Explain some examp les. How important are these things when measuring the state of the business? Conclusion Given all of the above, how useful are accounting ratios to help you measure the state of a business?