Identify the types of business organisations; Describe how organisations operate; Identify the key operating functions within organisations; Identify types of contracts; Identify the kind of pricing arrangements applied in commercial contracts; Define the different documents that compose a contract for the purchase or supply of goods or services; Explain the use of the Internet to locate details about suppliers and customers; Explain the use of credit rating agencies; Describe systems used in procurement and supply; Explain the advantages and disadvantages of a range of pricing methods. Please click here for the detailed syllabus.
