Business acumen

Business Concepts everyone should know
English
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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

Requirements

  • Nil

Description

Do you know?

What were the sales of your favorite company during last year?

Are you updated on what is happening in your company or other companies

Are their sales growing, declining, or flat?

How profitable is that company?

What is the company’s cash position?

How does this company in comparison to its competitors?


Why Business Acumen?

“Business acumen is the keenness and quickness in understanding and dealing with business to lead to a good outcome”

You must have heard the term “Tech savvy” i.e well informed about or proficient in the use of modern technology, especially computers. Similarly we have this term “Business Acumen”


Helps you to –

See the ‘big picture’ of your organization

Understand company data and financial statements

Use your knowledge to make decisions

Understand how your actions impact company

Effectively communicate your ideas to others


Key Topics covered:

  • Meaning and Importance

    Explain the meaning of Business Acumen

    Describe the importance of Business Acumen


  • Common Terminologies

    Explain the common terminologies such as Revenue, COGS, Gross Sale, Net Sale, EBITDA, Margin, Markup etc


  • Common KPIs

    Calculate walkin, conversion, ATV, ABS, ASP, Like-to-Like, Sell-through, Inventory Turn over ratio
    Explain the impact of cross-selling and up-selling on Sales KPIs


  • Business Model Canvas

    Explain the meaning and importance of Business Model Canvas
    Describe the key elements of Business Model Canvas


  • Casestudy

    Casestudy - Business Model Canvas

Who this course is for:

  • All working professionals
  • Management Students

Course content

1 section5 lectures32m total length
  • Meaning and Importance
    03:40
  • Common Terminologies
    08:04
  • Common KPIs
    09:38
  • Business Model Canvas
    02:19
  • Case-study: Business Model Canvas
    09:13

Instructor

HR, Legal & Financial Management Consulting firm
Akaaro Consulting and Training
  • 4.2 Instructor Rating
  • 1,241 Reviews
  • 13,247 Students
  • 18 Courses

Akaaro Consulting and Training is an HR, Legal and Financial Consulting firm founded by an alumnus of the University of Essex, United Kingdom and certified OD Consultant. Has worked with brands like Google, Uber, HCL Technologies, HSBC, Shell, Thomas Cook, Ford.

Apart from end-to-HR services we are into Corporate Trainings too (IT and non-IT).

Some of the trainings we deal in:

Being Effective Leaders, Presentation Skills, Managing Teams, Effective Decision Making, Time Management, Thinking out of Box, Data Science, Web Development, Selling Skills, Finance for Non-Finance People, MS Excel, Train-the-Trainer, Business Acumen, Inventory Management, Digital Marketing, Medical coding, Human Resource Management, Labour Law

and many more