Certificate of Achievement
has completed the following course:
Online Business: Pricing for Success
This online course explored a number of costing and financial concepts, financial documents and performance ratios used in assessing the viability of a business, and making practical pricing decisions.
4 weeks, 2 hours per week
Brett Stavenuiter
Lead Educator
RMIT University
Transcript
Learning outcomes
- Compare pricing solutions that best suit your business objectives
- Investigate and determine the start-up costs, assets and capital of your business
- Apply a range of accounting methods to confirm your pricing strategy and its impact on business health
- Develop numeric literacy to appreciate the financial viability of your business
Syllabus
- The catalogue of financial terminology used when discussing financial statements with accountants and bookkeepers.
- The role independent professionals play when seeking information on financial statements and contract advice.
- The distinction between startup and ongoing costs including capital finance and assets to inform product and service pricing.
- The types of business structures that influence profit sharing and legal liabilities.
- The process taken to price products or services to optimise business profitability and performance.
- Researching the industry standards that impact and drive demand for a product or service to meet customer needs.
- Accurate record keeping using a range of financial statements to identify a business's financial position.
- Analysis of costs and margins to inform product or service price.
- The effect business success indicators including reports, ratios and benchmarks has on the health and viability of a business.
Issued on 25th October 2016
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.