BUSINESS PRINCIPLES
Lesson 1: Utilise machinery, equipment, materials and time.
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Demonstrate an understanding of the impact of quality customer service on profitability.
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Generate and consider options and possibilities for improving the profitability of an operation within a simulated environment, making recommendations on new methods and/or technologies which will enhance competitiveness.
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Identify and explain methods for ensuring cost effective utilisation of allocated resources.
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Suggest methods to be used to combat cost overruns with respect to a given budget.
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Explain how individual’s actions impact on organisational profit and/or loss and cash flow.
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Describe the impact of new technologies on the budget of an organisation.
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Describe relationships between the stakeholders in a business and how that will impact on an organisations success.
Lesson 2: Identify and apply goals aligned to the work situation which reflect the organisational goals.
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Demon
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strate an understanding of the impact of quality customer service on profitability.
-
Generate and consider options and possibilities for improving the profitability of an operation within a simulated environment, making recommendations on new methods and or technologies which will enhance competitiveness.
-
Identify and explain methods for ensuring cost effective utilisation of allocated resources.
-
Suggest methods to be used to combat cost overruns with respect to a given budget.
-
Explain how an individual’s actions impact on organisational profit and or loss and cash flow.
-
Describe the impact of new technologies on the budget of an organisation.
-
Describe relationships between the stakeholders in a business and how that will impact on an organisations success
Lesson 3: Maintain and enhance organisational image and customer service (both internal and external
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Demonstrate an understanding of the impact of quality customer service on profitability.
-
Generate and consider options and possibilities for improving the profitability of an operation within a simulated environment, making recommendations on new methods and/or technologies which will enhance competitiveness.
-
-
Identify and explain methods for ensuring cost effective utilisation of allocated resources.
-
Suggest methods to be used to combat cost overruns with respect to a given budget
-
Explain how an individual's actions impact on organisational profit and/or loss and cash flow.
-
Describe the impact of new technologies on the budget of an organisation.
-
Describe relationships between the stakeholders in a business and how that will impact on an organisations' success.
Lesson 4: Identify and anticipate customer's requirements
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Demonstrate an understanding of the impact of quality customer service on profitability
-
Generate and consider options and possibilities for improving the profitability of an operation within a simulated environment, making recommendations on new methods and/or technologies which will enhance competitiveness.
-
Identify and explain methods for ensuring cost-effective utilisation of allocated resources.
-
Suggest methods to be used to combat cost overruns with respect to a given budget.
-
Explain how an individual's actions impact on organisational profit and/or loss and cashflow.
-
Describe the impact of new technologies on the budget of an organisation.
-
Describe relationships between the stakeholders in a business and how that will impact on an organisations' success.
Lesson 5: Select and implement the most effective business solution
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Demonstrate an understanding of the impact of quality customer service on profitability.
-
Generate and consider options and possibilities for improving the profitability of an operation within a simulated environment, making recommendations on new methods and/or technologies which will enhance competitiveness.
-
Identify and explain methods for ensuring cost-effective utilisation of allocated resources.
-
Suggest methods to be used to combat cost overruns with respect to a given budget
-
Explain how an individual's actions impact on organisational profit and/or loss and cash flow.
-
Describe the impact of new technologies on the budget of an organisation.
-
Describe relationships between the stakeholders in a business and how that will impact on an organisations' success.