Business Studies - Business Report

Section II
20 marks

Question 21 (20 marks)

Stone Financial has been providing domestic and international investors with advice for over 25 years . The business has offices in all Australian capital cities. The Australian governments response to COVID and Australia’s economic stability has attracted additional clients.

Stone Financial is now in a position to expand its operations but requires:

• New larger offices
• Additional staff
• Additional knowledge of Asian markets
• Greater use of technology
• Additional funds

You have been hired as a consultant to write a report for the directors of Stone Financial. In your report:

• Construct a situational analysis for Stone Financial
• Evaluate ONE issue that the business needs to consider when sourcing funds
• Recommend THREE human resource strategies the business could use to promote effective human resource management

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