City & Guilds 7540 Unit 384 Business Concepts
The “Unit 384 Business Concepts” has 4 main course outcomes, or objectives, with associated assessment criteria describing what the learner should be able to do, as shown in the table below:
| Outcomes – the learner will: | Assessment Criteria – the learner can: |
|---|---|
| 1. Be able to explain business structures and key business functions | 1.1 identify types of business organisations 1.2 identify the structure and management of organisations 1.3 interpret or produce an organisation chart to show the structure of a business 1.4 identify and explain key business functions and the flow of information between them 1.5 specify the roles and responsibilities within an organisation. |
| 2. Be able to explain legislative issues for business | 2.1 specify legislation affecting organisations 2.2 specify security measures needed to comply with legislation and maintain integrity of data. |
| 3. Be able to analyse financial information | 3.1 select and analyse financial information to support the business decisions 3.2 analyse management accounting information. |
| 4. Be able to evaluate strategic information | 4.1 investigate sources of finance 4.2 interpret and analyse a business plan 4.3 acquire internal information to monitor organisational key performance indicators 4.4 use performance measurement techniques 4.5 use methods for investment appraisal. |
Assessment
To pass the Unit, the learner must complete set assignment at the end of the unit. This is in the form of an informal written paper. The assignment must be completed in two hours under exam conditions, that is, without additional materials or outside help.
Course materials
The main course material is this online course supplied by Lucid. This covers all the material the learner will need to know to complete the course and the assignment. The manual also includes revision questions at the end of each module. We recommend completing these questions, as they have been specifically designed to help reinforce the concepts which the trainees need to know to complete the assignment.
