Impliction Of Resources Flashcards
(5 cards)
1
Q
What are the 4 implication of resources?
A
- Human Resources
- Physical resources
- Financial resources
- Time
2
Q
Human Resources
A
- This will include any changes impacting the employees sector of the business
- How does the business communicate with their employees
- Will they have enough employees to use each option or hire more employees for a option
- Make sure you write about both options and how will Human Resources will be impacted.
3
Q
Physical resources-
A
- Any physical resources the business currently have
- Link the physical resources for each option, for example, if the business have enough resources for each option and also compare them both.
4
Q
Financial resources-
A
- Should include comparison of the cost of each option
- How is the business going to fund the options
- What will be impact of investing in these projects in the current financial conditions of the business?
5
Q
Time-
A
- For both options say an estimated amount of time it would take to launch
- Can it easily be launched in time
- Then compare the time for both options