Define human resources and physical resources

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Reference no: EM133840816

BSBOPS501

Question 

1. Briefly define human resources and physical resources.

2. How would you define the relevant stakeholders you would need to consult with to determine the nature and level of resources required?

3. Briefly explain the cost-benefit analysis that you would use to analyse resources requirements.

4. Explain how to share physical resources and human resources across business units. Use an example to explain each.

5. Identify and explain one (1) method for managing each area of financial management:

1. Project budgets

2. Cash flow

6. Outline the general procedures that you would use for evaluating resource allocation.

Reference no: EM133840816

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