The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Confirm market research and forecasts.
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Analyse market research and forecasts to ascertain supply of and demand for products and services. Completed |
Evidence:
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Assess fundamentals affecting supply and demand in the marketplace. Completed |
Evidence:
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Review historical data and current forecasts. Completed |
Evidence:
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Determine opportunity for products or services to penetrate new markets. Completed |
Evidence:
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Set price for goods or services.
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Determine cost of providing products and services. Completed |
Evidence:
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Determine prices and profit margins. Completed |
Evidence:
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Apply relevant business policy and procedures to manage changes to prices. Completed |
Evidence:
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Analyse margins and risk. Completed |
Evidence:
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Review future market and business objectives and performance indicators. Completed |
Evidence:
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Consider impact of government, taxation and financial market trends prior to setting price. Completed |
Evidence:
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Announce price for goods or services.
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Assess mechanisms for communicating current and future prices. Completed |
Evidence:
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Consider future price trends and information relevant to the specific market prior to announcing new price structures. Completed |
Evidence:
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Determine best alternatives to communicate and secure prices. Completed |
Evidence:
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Establish trading terms for the business.
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Analyse profitability and parameters for shaping trading terms. Completed |
Evidence:
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Analyse long term forecasted impact of trading terms established with individual customers. Completed |
Evidence:
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Confirm processes for approving trading terms. Completed |
Evidence:
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Establish supplier trading terms. Completed |
Evidence:
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Finalise business customer trading terms. Completed |
Evidence:
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Finalise direct customer trading terms. Completed |
Evidence:
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Approve trading terms according to business policy and procedures. Completed |
Evidence:
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