This online Principles of Business training course includes the following:

• Introduction
• Chapter 1 - Understanding business markets
• Chapter 2 - Types of businesses
• Chapter 3 - Innovation in business
• Chapter 4 - Financial viability and terminologies
• Chapter 5 - What is a budget?
• Chapter 6 - Marketing and branding
• Chapter 7 - Module summary.

This Principles of Business e-learning course is suitable for all health and social care workers, including:

• Managers 
• Supervisors
• Entrepreneurs
• Everyone interested in business.

The aims of this online Principles of Business training course are to develop in the learner:

• Learners’ practical skills and performance in the workplace.
• Learners’ knowledge of a range of business practices, including financial management and budgeting.
• Effective communication techniques to aid interactions with colleagues and customers.

On completion of this Principles of Business e-learning course, the learner will be able to:

• Explain what is meant by a business market.
• Differentiate between business-to-consumer market and business to business market.
• Define the term service market.
• Examine internal and external factors that affect an organisation.
• Discuss the advantages and disadvantages of a private limited company.
• Explain the business innovation cycle.
• Define the term financial viability.
• Explain different types of budgets.
• State the advantages of budgets.
• Describe what involves branding.

On completion of this Principles of Business eLearning course, the learner will be able to:

• Describe the marketing and sales process. 
• Outline the importance of brand value.
• Explain the importance of business innovation and growth.
• Justify the need for business financial management and business budgeting systems.
• Examine the consequences of poor financial management.
• Name the different types of business markets.
• Outline the characteristics of different types of business markets.
• Examine internal and external factors that affect an organisation.
• Explore the product or service development process. 
• Justify the use of a budget.
• Explain the different models of business innovation.

Principles of Business - Online Training Course - Level 3 - CPDUK Accredited.