Business Concepts everyone should know
What you will learn
Explain the meaning of Business Acumen
Describe the importance of Business Acumen
Explain the common terminologies such as Revenue, COGS, Gross Sale, Net Sale, EDITDA, Margin, Markup etc
Calculate walkin, conversion, ATV, ABS, ASP, Like-to-Like, Sell through, Inventory Turn over ratio
Explain impact of cross-selling and up-selling on Sales KPIs
Explain the meaning and importance of Business Model Canvas
Describe the key elements of Business Model Canvas
Casestudy in Business Model Canvas
Why take this course?
**Do you know?**
– What were the sales of your favorite company last year? π€
– Are you updated on what’s happening within your company, or with others in the industry? π’
– Are their sales growing, declining, or remaining steady? π
– How profitable is that company? What’s its cash position like? π°
– How does this company fare against its competitors? π₯
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**Why Business Acumen?** π€β¨
*βBusiness acumen is the keenness and quickness in understanding and dealing with business to lead to a good outcome.β* β Understanding this skill is as crucial as being tech-savvy in today’s world. It allows you to:
– **See the βbig pictureβ** of your organization π₯οΈ
– **Understand company data and financial statements** π
– **Use your knowledge to make informed decisions** π§
– **Understand how your actions impact the company** π
– **Effectively communicate your ideas to others** π£οΈ
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**Unlock the Key Topics of Business Acumen:**
1. **Meaning and Importance**
– Explain the meaning of Business Acumen
– Describe the importance of Business Acumen in today’s competitive environment π
2. **Common Terminologies**
– Master the jargon: Revenue, COGS, Gross Sale, Net Sale, EBITDA, Margin, Markup, etc. π
3. **Common KPIs**
– Learn to calculate key performance indicators (KPIs) like Walk-in Rate, Conversion Rate, Average Transaction Value (ATV), Average Selling Price (ASP), and more! π
– Understand the impact of cross-selling and up-selling on Sales KPIs πΌ
4. **Business Model Canvas**
– Dive into the meaning and importance of Business Model Canvas ποΈ
– Explore the key elements that make up this powerful tool for business strategy ποΈ
5. **Case Study**
– Analyze a real-world example using the Business Model Canvas π
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Join us at Akaaro Consulting and Training to embark on a transformative learning journey. With our expertly crafted online course, “Business Concepts everyone should know,” you’ll gain the insights and skills necessary to thrive in the business world. Whether you’re an aspiring entrepreneur, a professional looking to elevate your career, or someone seeking to understand the business dynamics better, this course is tailored for you.
π Elevate your business understanding today and become a visionary leader with Akaaro! π