Assessment 1 and 3 physical resources
Assessment 1 – Project
Physical resources are the resources that are made by man through his abilities and skill. The buildings, technology, and many more products that are made by man is an example of physical resources. This resource helps organisational daily activities become easy.
The different types of physical assets are:
The format and Inclusions of an Asset Register are:
This is the most simplest depreciation because it is very easy to calculate and monitor. The easiest example to use is a car with a straight-line depreciation for $2000 each year. This means that every year, the car will depreciate or lose value by $2000. So in 5 years, the car will have depreciated in value by $10,000.
Double Declining Depreciation
This is generally when the depreciation amount doubles each year. This is a type of accelerated depreciation and means that the value of the product reduces very quickly. So if the products value depreciates by $2000 the first year. This will mean that the second year depreciates by $4,000. The 5th year, it will depreciate by $32,000 and a total of $62,000.
This is similar to straight-line depreciation however can be used for more than one physical asset.
Sustainability is a very effective way of saving money, by reducing the amount of resources used. The most common example would be reducing the amount of energy consumed to save money on electricity bills.
Assessment 3 – Case Study
Physical Assets Register Table
Maintenance Implementation Schedule
10 points for the sustainability policy
The scope of the sustainability policy is to:
3 pillars of Sustainability
Ways of reducing wastage
Consultation with Stakeholders
During the consultation we identified that The restaurant also uses utilities like water, energy, money etc. Therefore, the resources that the restaurant uses are:
Draft Sustainability Policy
Restaurant Sustainability Policy
The following principles support the Restaurant Environmental Sustainability Policy in undertaking our commitment towards environmentally sustainable campuses:
The intent of this policy is to take advantage of current research and the knowledge of the restaurant to improve the environmental sustainability of restaurant.
This sustainability policy operates to reduce the following resources:
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