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The course should help to develop communication skills and self-awareness, and enable the learner to view his/her current position as part of a life-long journey of learning and development, both professionally and personally.

As you progress through the unit, you will be developing qualities and transferable skills necessary for employment, such as the ability to utilise relevant management tools such as SWOT analysis etc.

In this unit, you will analyse the impact of increasingly dynamic business environments and increasingly volatile markets on an organisation’s ability to compete successfully using a range of relevant tools and frameworks. This is often known as business strategy.

The unit also allows the learner to consider the importance of effective management of cash flow and to highlight cash flow problems which could lead to business failure. Financial performance of any business is measured through the final accounts of the organisation. The learner will review appropriate internal and published reports and accounts to make effective analytical judgements.

Upon completion of this unit, the learner will be able to:-

  1. Understand the nature and scope of accounting.
  2. Be able to carry out double entry book-keeping.
  3. Be able to prepare a set of final accounts.
  4. Be able to prepare a cash flow statement.
  5. Be able to interpret accounts using financial ratio analysis.
  6. Understand and be able to calculate different elements of cost.
  7. Understand break-even analysis.
  8. Understand budgeting.

Upon completion of this unit, the learner will be able to:-

  1. Understand the nature and scope of accounting.
  2. Be able to carry out double entry book-keeping.
  3. Be able to prepare a set of final accounts.
  4. Be able to prepare a cash flow statement.
  5. Be able to interpret accounts using financial ratio analysis.
  6. Understand and be able to calculate different elements of cost.
  7. Understand break-even analysis.
  8. Understand budgeting.

Upon completion of this study unit you will be able to:

  1. Understand and know how to apply the principles which govern the transmission of information in business situations.
  2. Be able to compose all common types of written communication in a clear, complete and correct way.
  3. Understand the principles of communicating orally in an effective way.
  4. Understand the importance of non-verbal signals in communication.
  5. Understand how common barriers to successful communication arise, and how they can be overcome.
  6. Understand the content of a passage of simple business information and know how to summarise it effectively.
  7. Understand the role of computers and other modern communication technologies in business communication.
  8. Understand common business and communications terms.

When you have completed this study unit you will be able to:

  1. Understand the rules of numeracy.
  2. Be able to make and apply calculations relevant to business.
  3. Be able to use algebraic methods to solve business problems.
  4. Be able to construct and use graphs, charts and diagrams in a business context.
  5. Be able to apply statistical methods to provide business and management information.
  6. Understand and be able to apply the laws of probability to find solutions to business problems.

Upon completion of this unit, the learner will be able to:-

  1. Understand the nature and scope of accounting.
  2. Be able to carry out double entry book-keeping.
  3. Be able to prepare a set of final accounts.
  4. Be able to prepare a cash flow statement.
  5. Be able to interpret accounts using financial ratio analysis.
  6. Understand and be able to calculate different elements of cost.
  7. Understand break-even analysis.
  8. Understand budgeting.

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