54 Outline of the Module [Option 2] Title: Identifying opportunities for significant cost reductions. Duration: approx. 4 hours Learning outcomes Learning Content Activities Assessment Learners should be able to: differentiate between the different costs that a company must pay identify opportunities that are available to an organisation for cost reduction compare how an organisation’s corporate strategy can be linked to cost reductions compare and contrast the different strategies that can be employed by a business depending on their product or service offering costs that are faced by an organisation and how costs are linked to corporate strategy Participants will: 1. complete pre- and postquizzes 2. brainstorm on fixed and variable costs faced by businesses 3. discuss how the costs identified can impact upon a company’s ability to maintain cost reductions 4. identify cost saving strategies for organisations in their area 5. identify opportunities for cost reductions within their businesses Participants, individually, will: 1. complete a knowledge quiz before and after the course 2. list at least 3 GHG reduction measures that they are going to implement in their company, based on the reduction of cost that results from the application of these measures. They will refer to the cost reduced and the relevant benefits for their company, to justify their responses.
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