|Assessment length / details
On successful completion of this module students should be able to:
Demonstrate an understanding of the methods for analysing business resilience, robustness and sensitivity
Identify factors to be considered when discussing the private/personal side of business
Students will learn abut how to anaylse accounts from a businesss to measure the robustness and resilience of the business in accountancy terms. The students will also learn how to do sensitivity analysis and how this can be effectively interpreted to provide them with a better understanding of the business's current position or future position if market predictions are not as expected for a new venture. Finally, the students will be taken through various rural business case studies to highlight how busiensses have developed and adapted to change.
The aim of this course is to provide the students with further analytical tools for the development of a business venture plan, and to provide them with case studies of current businesses to help them identify how these aspects could be applied.
1) Robustness, Resilience and Sensitivity Anaylsis
2) Private and Personal Aspects of a Business
3) Case Studies
|Creative Problem Solving
|The assessment will present theoretical problems for the students to solve.
|Critical and analytical thinking
|Students will be expected to synthesise complex information
|Students will be required to examine and synthesize quantitative data from a range of publications and databases to develop answers for their written assessment
|Real world sense
|This module will provide the students with further knowledge and skills in analysing and creating business plans; they will be assessed on their understanding of this information.
|Subject Specific Skills
|Identify different types of business plans, and evaluate the benefits and challenges of developing and implimenting a viable plan.
This module is at CQFW Level 7