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Course – Managing Finance

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QS provide a range of commercial courses for non-commercial professionals. This course explains how suppliers may price their products and services and is useful for any non-commercial colleagues working with suppliers.

Aims

  • Understand the concepts of cost, price and value
  • Create awareness of how suppliers allocate costs to products and services.
  • Discuss the whole life costs of a product or service and their commercial implications.
  • Understand the benefits and limitations of open book costing and open book audits
  • Understand the attractions and risks of using financial incentives to manage performance.
  • Be aware of the signs of financial distress in a supplier.

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