Study Guide

Objectives

After completing the course, the student
• can calculate the cost of a product and service
• knows how to calculate the right price, taking into account the company's profitability goals
• can calculate the cash flow and make a budget based on it
• can calculate the impact of investments on costs, sales price and profitability.

Content

In the course, the student gets basic information about the business of a car repair shop and knows how to apply the information in practice.

Assessment criteria, satisfactory (1-2)

Become aware of cost calculations and pricing. Know what budget means. Works in a group. Recognizes his communication skills. Identifies important operating methods in one's field.

Assessment criteria, good (3-4)

Know how to determine costs and pricing. Understand the concept of cash flow and budgeting. Understand the impact of investments in the company's business. Can cooperate responsibly and is ready to develop his interaction skills.

Assessment criteria, excellent (5)

Comprehensively understands the repair shop's business idea. Can look at the cost-effective pricing of products and can make cash flow calculations and prepare a budget. Understands the importance of profit in the company's operations and knows how it can be used to develop the company's operations. Can cooperate responsibly, flexibly and constructively. Develops both own and group interaction.