Finding a suitable supplier to provide a quality service can be a very challenging and lengthy process, so once this has been established it is vital for the running of a company that a solid working relationship is established. This extract explores what needs to be place when choosing a suitable supplier.

Employability skills are different to the technical skills that are required to carry out a job role. Employability skills are important throughout your working life, but especially at the very beginning of it. This extract looks at the employability skills for the hair and beauty sector, but these skills are transferrable across all industry sectors.

David Ricardo (1773–1823) is second only to Adam Smith in the school of classical economics. Without a formal training in economics, he used his experience as a stock jobber to write about the currency issues of the day. In his Essay on Profits he outlined his basic economic model, amplified in his Principles of Political Economy and Taxation, of an economy with diminishing returns in agriculture subject to long-term decline because of the protection of agriculture.

Organizations can be seen as no more than groups of people working more or less collectively in a manner that is roughly focused on the achievement of some commonly recognized targets. It is not surprising then that people management is at the heart of organizational management.

Who are the people?

It is important to note the scope of this section. ‘People’ management can cover a wide range of different groups, tasks and relationships. The people of an organization can include, among others: