Task 1: Knowledge Questions Question 1 Identify three legislative and/or regulatory requirements related to managing resources Answer: Question2 Explain how an organisation finances and budgets for resourceacquisition (Approx.100 words) Answer: Question3 List three typical risks associated with managing business resources and outline possible risk management strategies. Answer: Question4 Describe one qualitative method of monitoring resource usage. Answer: Question5 Describe one quantitative method of monitoring resource usage. Answer: Question 6 Give four factors to take into consideration when managing resource allocations Answer:

Task 1: Knowledge Questions Question 1 Identify three legislative and/or regulatory requirements related to managing resources Answer: Question2 Explain how an organisation finances and budgets for...

Task 1: Knowledge Questions

Question 1	Identify three legislative and/or regulatory requirements related to managing resources
Answer:
Question2	Explain how an organisation finances and budgets for resourceacquisition (Approx.100 words)
Answer:
Question3	List three typical risks associated with managing business resources and outline possible risk management strategies.
Answer:
Question4	Describe one qualitative method of monitoring resource usage.
Answer:
Question5	Describe one quantitative method of monitoring resource usage.
Answer:
Question 6	Give four factors to take into consideration when managing resource allocations
Answer:

Feb 12, 2021