Understand the organisational context - commercial, voluntary, public sectors and inter dependencies between them.

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1. Understand the organisational context - commercial, voluntary, public sectors and inter dependencies
between them.
2. Idenbfy the basic principles of business Including the way in which businesses operate and the factors
that influence the process of making managerial decisions.
3. Demonstrate an understanding of the core concepts in each of the business functonaI areas and their
integrabon within the broader organisational context.
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