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 UNIT AIM

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wisham143



Posts : 69
Join date : 2012-10-25

PostSubject: UNIT AIM   Fri Oct 26, 2012 1:24 am

The unit aim is to provide learners with an understanding of where and how to access sources of finance for a business, and the skills to use financial information for decision making.

Students that are already in a working environment involving quality will benefit from studying this subject, as they will be able to immediately apply the knowledge and understanding gained to their workplace activity.


Unit abstract
This unit is designed to give learners a broad understanding of the sources and availability of finance for a business organisation. Learners will learn how to evaluate these different sources and compare how they are used.

They will learn how financial information is recorded and how to use this information to make decisions for example in planning and budgeting.

Decisions relating to pricing and investment appraisal are also considered within the unit. Finally, learners will learn and apply techniques used to evaluate financial performance.


Learning outcomes

On successful completion of this unit a learner will:

1 Understand the sources of finance available to a business
2 Understand the implications of finance as a resource within a business
3 Be able to make financial decisions based on financial information
4 Be able to evaluate the financial performance of a business.
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