ocr level 3 cambridge technicals in business
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OCR Level 3 Cambridge Technicals in Business. Introduction to. Unit 2: Business Resources. Introduction. Born in 1975, Jamie Oliver is one of Britain’s most successful chefs. He is known world wide for his cooking and recipes, making numerous TV appearances. But what makes Jamie successful?. - PowerPoint PPT PresentationTRANSCRIPT
OCR Level 3Cambridge Technicals
in Business
Unit 2: Business Resources
At the age of 28 he was awarded the MBE for
services to the Hospitality industry.
He is known world wide for his cooking and recipes,
making numerous TV appearances.
Born in 1975, Jamie Oliver is one of Britain’s most successful
chefs. But what makes Jamie
successful?
IntroductionIntroduction
But Jamie also runs a series of successful restaurants, and has been responsible for some of the most radical campaigns around better eating and food – particularly for children and school dinners.
As a chef, Jamie has become famous for the food he prepares and the meals he creates.
His sound knowledge of ingredients allows him to create his now famous recipes.
What makes Jamie a What makes Jamie a success?success?
In other words, Jamie Oliver is also a successful business man.
In the same way that Jamie Oliver combines raw ingredients to create a successful dish, so he also combines raw ingredients to create his
successful business.
SuccessSuccess
The right ingredients…The right ingredients…
These will be sourced by the chef, and combined together to achieve the desired outcome.
For a dish to be a success in the restaurant, it will need the correct ingredients to start with.
These are combined together by the management team to create a profitable business, just as Jamie Oliver creates his successful recipes.
For a business to be successful, it too requires the correct ingredients to start with.
These are people, physical and technological items, and sources of finance.
These business ingredients are known
as
Business ResourcesBusiness Resources
Business ResourcesBusiness ResourcesAll businesses require input of the same
resources, but in different quantities. The amount of resources will differ depending on:
Size of the business
Industry sector or
type
Aims and purpose of
the business
Understanding what these resources are, how they interact, and how they must be managed, is key to understanding the basis of a successful business.
1. Human2. Physical3. Technological4. Financial
Key Business ResourcesKey Business Resources
What will you learn?What will you learn?
Be able to interpret financial
statements
After completing this unit you will:
Know the purpose of managing physical and technological resources
Know how human resources are
managed Know how to access
sources of finance
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