How a business may need to consider aspects of ‘managing resources’

This is a paper that focuses on how a business may need to consider aspects of ‘managing resources’. The paper also includes a writing plan to use in writing the paper.

How a business may need to consider aspects of ‘managing resources’

Answer Section A.
EITHER answer any two questions from section B OR the section C question.

SECTION A
A    Firstly, critically evaluate, with appropriate explanations, how a business may need to consider aspects of ‘managing resources’.

(40 marks)
SECTION B

B    Secondly, comment on the factors that may lead to the potential disruption of the availability of medicines to purchase in pharmacists’ shops, as recently experienced in the case study of the United Kingdom in the autumn of 2019.
(30 marks)

B2    Thirdly, argue the reasons for cutting taxes as a stimulus for improving growth and investment for the United Kingdom’s chemical, pharmaceutical and life-sciences sector.
(30 marks)

B3    Fourthly, what benefits can be produced by the United Kingdom’s academic community combining with the National Health Service and pharmaceutical and life-science companies? Explain the benefits in relation to driving innovation in delivering new medicines and targeting health inequalities.
(30 marks)

SECTION C

C1    Lastly, with regard to the case studies in your lecture series, develop a business plan that addresses how entrepreneurial behaviour may address the challenges of the Northern Powerhouse 2050 Vision.

In writing your plan, you should address the following:

Title of business idea (0 marks);
Benefit to the public or the UK community (10 marks);
Demonstrate a community need (10 marks);
Be an entrepreneurial solution to a scientific issue (10 marks);
Potential sustainability and evidence of how it can be turned into a profit (10 marks);
Evidence of market research (10 marks);
In need of funding to progress to the next stage of the business? (10 marks).

Additionally, ensure that you include a reference page and a cover page on top of this assignment. Also, ensure that you include all the references from the sources that you will use.

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