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Commercial Awareness for Non-Commercial Staff

A plain-English introduction to the money side of work for engineers, technicians, administrators, HR, IT and support staff who do not work in sales or finance. Learn how your organisation earns revenue, what margin and cash mean, why customers choose you, how scope creep and unrecorded changes erode profit, and how to put a cost on everyday decisions. No finance background is needed.

Taught by iCompetent

Modules
6
Lessons
30
Duration
4h 8m
Level
Beginner
Quizzes
6 graded

Course content

6 modules · 30 lessons · 4h 8m

What commercial awareness means for people outside sales and finance, and the simple chain of customers, revenue, costs and profit that every job sits inside.

  • What Commercial Awareness Means
    Preview
    8 min
  • Customers, Value and Revenue8 min
  • Where the Money Goes: Costs8 min
  • Profit: Revenue Minus Costs8 min
  • Your Job in the Money Chain8 min
  • How a business makes money — quiz7 questions · pass 70%

Topics covered

Commercial Awareness
Profit and Margin
Cash Flow
Customers
Scope and Change Control
Cost of Decisions

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