Business, commercial, and financial awareness
Find resources for the T level in engineering, to plan your engaging sessions for students.
Download our free curriculum grid to find resources that are mapped against module 13 Business, commercial, and financial awareness.
In the free download, you will find information on where to find content to support the teaching of:
13.1 Principles of commercial operations and markets.
- Principles – Commercial priorities (profit, addressing stakeholder needs), efficiency, value added, non-value added, competition, supply and demand
- Markets – Customers, local, national, international
13.2 Business and commercial practices.
- Practices – Legal (tendering, contracts, warranties, force majeure, indemnity clauses, liabilities), management (resource allocation and planning, staffing, training and development), business models (traditional, agile), company management systems, policies and procedures.
13.3 Financial and economic concepts.
- Concepts – Financial responsibility, recording financial transactions, sources of finance (loans, shares, capital), budgets, transactions, costs (direct, indirect, overheads), payment terms, revenue, creditors and debtors, cash flow, profit and loss, break even, assets (depreciation), liabilities, solvency, taxes, rates.
Download our free curriculum grid to find resources that are mapped against the above modules.
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