BSBSMB304 Assessment Answer – Determine Resource Requirements for the Micro Business

During the BSBSMB304  assessment, Victoria University Australia is providing students with management training packages. Students also describe acquiring the effective skills & knowledge by writing the BSBSMB304 Determine Resource Requirements for the Micro Business Assessment Answer.  By completing the BSBSMB304 Assessment students learn about identifying resources that are needed in the business. Students also learn about selecting the appropriate sources and preparation for use of the resources in the business. Being a very important topic in the management course, it is one of the very complex assessments to complete. Many students face difficulties in completing this assignment on their own. The students in this situation prefer to take assignment writing services from the experts of Australia Assignment Help.

BSBSMB304 Assessment Answer – Determine Resource Requirements for the Micro Business

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Learning outcomes of BSBSMB304 Determine Resource Requirements for the Micro Business Assessment:

After completing the Micro Business Assessment BSBSMB304 students will be able to:

Students will be able to identify the resources needed in the business:

  1. To determine the type of resources that may be required, students will be able to use the business profile.
  2. Information regarding resource requirements can be gathered by the students, from various appropriate sources.
  3. Students will be able to do the investigation on digital technology options, benefits, and challenges.
  4. Following the business activity levels and financial position, students will be able to determine the resource quantities.

Students will be able to select the appropriate sources for the resources required in the business:

  1. Students will be able to establish a relationship with the suppliers and other key people.
  2. They will be able to choose suitable options as investigated.
  3. In line with the business, students will be able to determine the reliability, risks, and costs associated with these options.
  4. Students will be able to determine the ease of access to the sources of support and service.
  5. In terms of the business profile and stakeholder needs students will be able to investigate the different options for acquiring resources needed in the business.

Students will be able to be prepared for the use of resource in the business:

  1. To allow the effective and efficient introduction, use, and maintenance of resources students will be able to design the procedures and systems.
  2. To ensure the business profile is met students will be able to negotiate and review the arrangements for the supply of resources.
  3. After completion of the BSBSMB304  course, students will be able to design the procedures for monitoring the use of resources.
  4. For maintenance, support, repair, and replacement of business machinery, equipment, and software, students will be able to develop the procedures.

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Tasks and questions that a student has to solve in BSBSMB304 Determine Resource Requirements for the Micro Business Assessment are mentioned below:

  1. Relating to the micro-business operations, identify the legislative requirements.
  2. You have to describe the functions of key digital technologies. What are their benefits and challenges to micro business?
  3. What are the functions of a range of business equipment and machinery? List all.
  4. You have to outline the micro-business profile and structure.
  5. For the use of and routine maintenance of resources, you have to describe the procedure and systems.
  6. As per the micro-business profile, you have to summarise the types of resources that are required.
  7. In line with the micro-business profile and desired profit, you have to determine the appropriate resource levels.
  8. At the time of writing the BSBSMB304  assessment, you have to identify, assess, and select digital technologies.
  9. To suit the profile of the micro business, you have to establish a relationship with the supplier including negotiating and reviewing of supplies.
  10. To allow for efficient and effective installation and the use of resources, you have to develop procedures and systems, including monitoring and maintenance as required.

Note: Students have to conduct this assessment in a safe environment. They should include access to the business resources and equipment including maintenance manuals, business technology with internet access, relevant workplace resources .

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