Overview

Framework:
RQF
Level:
Level 4
Unit No:
F/508/0208
Credits:
11
Guided learning hours:
72 hours

Assessment Guidance

n/a

Unit Learning Outcomes

1

Understand the relationship between business objectives and structures.

Assessment Criteria

  • 1.1

    Analyse the impact of change on an organisation.

  • 1.2

    Assess how an organisation structure contributes to its objectives.

  • 1.3

    Evaluate how an organisation’s structure affects its internal operation.

  • 1.4

    Explain how organisations demonstrate social responsibility.

  • 1.5

    Analyse the relationship between an organisation’s business strategy and a department’s operation.

  • 1.6

    Determine the departmental key performance indicators (KPIs) from a business plan.

  • 1.7

    Communicate organisational vision to others.


2

Understand how the external environment affects business models.

Assessment Criteria

  • 2.1

    Explain the relationship between supply and demand in a business environment.

  • 2.2

    Analyse the relationship between revenue and profit in an organisation.

  • 2.3

    Evaluate an organisation's competitive advantage.

  • 2.4

    Evaluate the impact of the external environment on an organisation’s business model.


3

Be able to lead a team.

Assessment Criteria

  • 3.1

    Explain the difference between management, leadership and supervision.

  • 3.2

    Explain the difference between responsibility and accountability.

  • 3.3

    Analyse the relationship between the workplace and management style.

  • 3.4

    Explain how different leadership styles affect team members.

  • 3.5

    Demonstrate leadership in a personal area of responsibility.


4

Understand how finance affects a business operation.

Assessment Criteria

  • 4.1

    Assess the sources of finance available for different business requirements.

  • 4.2

    Explain how budgets are developed.

  • 4.3

    Forecast departmental income and expenditure.

  • 4.4

    Assess departmental performance against a budget.

  • 4.5

    Recommend a budget for a project.