Chapter Name: Perform an Assessment of the Business’ Performance
Description:Teaches how to assess the Performance of the business, looking at financials, operations, and other key performance indicators (KPIs).
Purpuse:To provide a clear understanding of the business’s overall health and areas for potential improvement.
Rational:Assessing business performance is crucial for identifying strengths and weaknesses, providing a basis for strategic improvements and decision-making.
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: Perform an Assessment of the Business’ Performance
Analyse financial reports, operations, and KPIs to determine overall business performance.