Collapsible List

Chapter Name: Improve Strategic and Operational Goals Using Financial Analysis

Description:Teaches how to use financial analysis to refine and improve a business's strategic and operational goals, ensuring financial health and growth.

Purpuse:To ensure that financial data is used to make informed, data-driven decisions for improving business goals.

Rational:Financial analysis helps identify areas for improvement, guiding strategic decisions and optimizing business operations for growth and sustainability.


Chapter Assessment


Expected Supporting Evidence:


Portfolio of Evidence 1: Signed documentary evidence from supervisor / mentor for all required work activities such as logbooks and job instructions. - Signed documentary evidence provided by a supervisor or mentor verifying completion of all required work activities, including logbooks, job instructions, and other records that demonstrate skill development.


Workplace Activities


Activity 1: Improve Strategic and Operational Goals Using Financial Analysis

Use financial data and ratios to assess business viability and refine objectives for improved profitability and efficiency.