(Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC3.1) Appraise (2) different ways organisations measure financial and non-financial performance
Solution Measuring Financial Performance: Cash Flow Business operations track cash flow as their essential financial metric because it enables them to monitor money transactions throughout a business (CIPD, 2018). By […]
(Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (1.5) Assess how (2) different ethical perspectives can influence decision-making
Solution Utilitarianism According to Utilitarianism the most ethical selection consists of achieving maximum benefits for the biggest number of people (Duignan and West, 2025). Judgement under this method depends on […]
(Solution) (Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC1.4) Explain a range of (2) decision-making processes
Solution (AC1.4) Explain a range of (2) decision-making processes. Decision Matrix The decision matrix serves People professionals as an organisational framework for decision making that enhances systematic alternative evaluation via defined […]
(Solution) (Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC1.3) Explain the principles of critical thinking including how you apply these to your own and others’ ideas
Solution (Solution) (Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC1.3) Explain the principles of critical thinking including how you apply these to your own and others’ ideas Main Principles of Critical Thinking […]
(Solution) (Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC1.2) Evaluate a range of analysis tools and methods
Solution (AC1.2) Evaluate a range of analysis tools and methods including how they can be applied to diagnose organisational issues, challenges and opportunities PESTLE Analysis as an Organisational Analysis Tool The […]
(Solution) 5CO02 Assessment ID / CIPD_5CO02_24_01 (AC1.1) Evaluate the concept of evidence-based practice including how it can be applied to decision-making in people practice
Solution (AC1.1) Evaluate the concept of evidence-based practice including how it can be applied to decision-making in people practice. The strategic choices of organisations within Human Resource management must rely on […]
(Solution) 5HR03 Assessment ID / CIPD_5HR03_24_01 (AC3.4) Explain the legislative requirements that impact reward practice
Solution The legislative requirements which affect Eco-Insulate include the Equality Act 2010 and the National Minimum Wage Act 1998 and the Working Time Regulations 1998. The practise of rewards at […]
(Solution) 5HR03 Assessment ID / CIPD_5HR03_24_01 (AC3.3) Explain approaches to job evaluation
Solution Formal approach: Factor comparison Job assessment through factor comparison involves multiple objective cheques of occupational characteristics such as skill requirements and responsibility and decision authority and working conditions (Vulpen, […]
(Solution) 5HR03 Assessment ID / CIPD_5HR03_24_01 (AC3.2) Evaluate the most appropriate ways in which benchmarking data can be gathered and measured to develop insight
Solution Organisations conduct benchmarking operations when they evaluate their performance indicators alongside those of comparable organisations. Benchmarking allows organisations to obtain market intelligence about rates and trends that enable them […]