Report to summarise your organisations responsibilities

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Reference no: EM132992473

BSBSMB406 Manage small business

Section A: Skills Activity

Objective: To provide you with an opportunity to show you have the required skills for this unit. This activity will enable you to demonstrate the following skills:
• Reading
• Writing
• Oral communication
• Numeracy
• Navigate the world of work
• Interact with others
• Get the work done

Answer the activity in as much detail as possible, considering your organisational requirements.

1. Read a text covering legislative, regulatory or workplace requirements that is relevant to your area of business or your state/territory.

Write a report to summarise your organisation's responsibilities (or your business industry's responsibilities) to comply with it.

2. Explain how you would present this information to a group of colleagues in a spoken communication.

You should include:
• How you would structure and disclose the information
• The type of language and approach you would use to communicate this
• How you would explain complex text and meanings
• How you would engage with others to ensure they understand what is being said.

3. Read and interpret one financial document with numerical information; this may be one that is given to you by the assessor, or from your own place of work. Explain the relevant financial information that it shows.

4. For your business (or an example business), develop a plan for conducting financial business and say how you would implement this.

This should include:
• How financial activities would be planned, scheduled, implemented and monitored
• How and when financial reporting would be done
• How records and reports would be made
• Formal and informal monitoring processes that may be used
• How decisions regarding financial and business plans would be made and why these would be made.

Reference no: EM132992473

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