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TAP>Factors that impact on the bottom line of a wholesale and retail unit

COURSE PURPOSE The qualifying learner will be capable of understanding the factors that impact on the bottom line of a Wholesale and Retail (W&R) business. This underpinning knowledge will direct the learner to their role as it relates to the …

COURSE PURPOSE

The qualifying learner will be capable of understanding the factors that impact on the bottom line of a Wholesale and Retail (W&R) business. This underpinning knowledge will direct the learner to their role as it relates to the unit achieving its objectives and will form the basis for practice in operations.

WHAT YOU’LL LEARN

Qualifying learners will be capable of explaining the relationship between the bottom line of a business and the various factors that influence it. They will understand how net profit is calculated on a Wholesale and Retail (W&R) financial report, providing insights into the financial performance of the business. Learners will also be able to identify how the cash and stock functions of the business impact each other, recognising the interdependencies that affect overall operations. Additionally, they will be able to explain how their own job can impact the bottom line of the business, highlighting the importance of individual roles in contributing to financial success.