Business Studies - Business Report

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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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