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Diploma​​ ​in Business

(Small Business Management)

Trainee Handbook - Academic Year 2018/19


Vocational Business Department NC KSA Makkah

Trainee Name: 
National ID Number:  Class: 
 

SSS Diploma in Business (Small Business Management) Trainee Handbook 1 


 
Copyright © 2018 Niagara College Makkah  
All  rights  reserved.  This  book  or any portion thereof may not be reproduced or used in any manner 
whatsoever  without  the  prior  written  permission  of  the  publisher  except  for  the  use  of  brief 
quotations in a book review. 
This  book  has  been  generated by the NC KSA Makkah vocational business department. Please do 
not copy, re-print, share or sell this book without prior authorisation.  
The contents of this book is solely for educational purposes and not for profit. If you happen to find 
this book please return to the trainee or teacher.  

SSS Diploma in Business (Small Business Management) Trainee Handbook 2 


What will I learn? 4

How will I be assessed? 4

How do I graduate? 4

Unit 22 Coordinate and administer projects 5

Unit 23 Contribute to workplace innovation 6

Unit 24 Produce complex business documents 7

Unit 25 Handle receipt and dispatch of information 8

Unit 26 Work effectively in a business environment 9

Unit 33 Undertake small business planning 10

Unit 36 Market the small business 11

Unit 37 Manage a small team 13

Unit 38 - Build & launch a small business website 14

Unit E04 Demonstrate self-management skills 15

Unit E05 Work as a member of a team 16

Unit E06 Demonstrate work and career progression skills 17

Unit 28 Conduct financial transactions 18

Unit 29 Establish a cash accounting system 19

Unit 32 - Establish legal risk management 20


Case Study 1 20
Case Study 2 20

Product Pricing Strategies 21

Matching Concept 21

Case studies 21

Glossary of terms 21
Business Structure 21
Marketing 22
Human resource management 22

SSS Diploma in Business (Small Business Management) Trainee Handbook 3 


Business Environment 22
Interview Process 22

CBT practice questions 23

Your own notes 28

Sources of information and website links 34

What will I learn?  


On  this  SSS  Business  program  you  will  study  21  Business  Units  that  comprise  of  many  different 
disciplines  such  as  marketing,  finance,  insurance,  project  management  and  business  operations. 
You  can  get  a  full  list  of  all  21  units  from  your  assessor.  The  program  is  centred  around  the 
creation  of  a  Business Plan that you will produce using your entrepreneurial skills to identify a local 
business opportunity. 

How will I be assessed?  


You  will  be  assessed  through  a  number  of  written  and  practical  activities  which  are  known  as 
assignment  briefs.  The  assignment  briefs  are  linked  to the SSS learning outcomes and help you to 
evidence  your  skills  and  knowledge.  On  the  completion  of  an  assignment  you  will  be  awarded  a 
grade  A  to  D.  Once  you  have  a  grade  for  every  single  unit  you  will  be  given  an  overall  portfolio 
grade.  A  portfolio  is  simply  a  compilation  of your work. Across the course you will also take part in 
the  CBT  or  computer  based tests, particularly in week 4, week 8 and week 12. This will ensure you 
have  enough  time  to  get  used  to  the  CBT  format 
and  are fully prepared for the test. The CBT includes 
60  multiple  choice  questions  in  which  you  have  2 
hours to complete the test.  

How do I graduate? 
To  graduate  from  the  2nd  year  diploma  program 
you  should  have  successfully  passed  all 
components at associate diploma level. To graduate 
from  the  course you need to complete your portfolio 
to  100%,  successfully  pass  the  capstone  exam  and  pass  the  CBT  exam.  Alongside  this you need 
to  attain  a  B1  level  qualification  in  English  as  well  as  complete  the  CiT  modules.  Once  you  have 
completed  200  hours  of  OJT  (on  the  job  training)  you  will  be  successfully  awarded  a  graduation 
certificate and take part in an official NC KSA graduation ceremony.  

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Unit 22 Coordinate and administer projects 
Overview:  ​Project  management  is  all  about 
designing  and  delivering  a  project  on  time  to  a 
set  budget.  When planning any project for your 
company  you  should  think  about  setting  up  an 
initial  kick  off meeting with all stakeholders first 
to  gain  buy-in  for  your idea. There are 12 steps 
to think about for any project: ​-  
 
Define the project 
1- ​List the tasks. 
2- Estimate the cost and time of each task. 
3- Plan the dependencies and longest route.   
4- Speed up the project plan if necessary.  8- Start the project 
5- Create a Gantt chart (I love Gantt charts).  9- monitor progress 
6- Check you have the resources required.  10- monitor cost 
7- Think about risk.  11- adjust your plan if necessary 
12- review and learn from what happened  

Saudi  Arabia  Context:  ​In  KSA  project  What  does  this  mean  for  me?  ​In  this unit you 
managers  could  find  themselves  applying  their  will be asked to create a new business in which 
skills  in  a  number  of  projects  such  as;  you  will  need  to  think  about  the  following:  the 
construction,  education,  medicine  and  the  business  idea,  partners  and  stakeholders, 
development  of  local  council  projects.  You  quality  control,  funding  and  investment  and 
could  also  be  tasked  with  a  project  in  your  critical points.  
normal job.    

Project  plan:  ​The  first  thing  to  do  is  to  list  all  Stakeholders:  ​Stakeholders  within  any  project 
tasks  needed  to  complete  the  project.  Then  will  be  the  people  who  have  a  keen  interest  in 
you  need  to  decide  who  will  be responsible for  seeing  the  project  work  or  who  are  actually 
the  taks.  The  next  step  is  to  decide  how  long  working  on  the  project  itself.  They  could 
that  task  will  take  and  how  much  it  will  cost  to  include;  managers,  investors,  colleagues, 
complete  the task. Don't forget to jot this into a  customers  or  project  specialists.  ​A  project 
plan!  manager is the person in charge.  

Gantt and bar charts: ​Gantt charts are used  Group  Activity:  ​In  groups  decide  on  a  new 
to map the timelines of your project. They are  business  venture.  Create  a  5  stage  process  to 
often created using MS Excel. They were  get  this  business  up  and  running.  Think  about 
invented by Henry Gantt and they show the  the  cost  of  each  stage,  how  long  it  will  take, 
relationship between tasks in your project.  resources  you  need  and  who  will  be 
Gantt charts can increase higher levels of  responsible.  
project completion.   

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Unit 23 Contribute to workplace innovation 
Overview:  ​Workplace  innovation  is  all  about 
creating  better  places  to  work  for  employees. 
Through these better places to work it is hoped 
that  employees  will  be  more  productive.  At the 
heart  of  workplace  innovation  is  employee 
engagement  i.e.  creating  a  happier  workplace 
for  all  involved.  When  contributing  to 
workplace  innovation  you  need  to  think  about 
how  you  can  bring  about  physical  change  or 
physiological  change  to  improve  working 
practice.  A  company  that  is  very  innovative  is 
Google,  they  have  places  to  sleep  for  their 
employees,  free  food  and  a  free  gym.  They 
encourage  an  open  culture  and  positive 
communication.     

Saudi  Arabia  Context:  ​Workplace  innovation  What  does  this  mean  for  me?  ​As  a  student 
is  a  new  concept  to  most  companies.  The  first  you  should  think  about  how  you  can  make 
question  you  need  to  ask  is  how  comfortable  things  better  with  the  time  you  have.  How  can 
does  it  look to work in this place. Then you can  you  streamline  the  activities  you  take  part  in at 
decide  how  to  improve  the  workplace  through  college  or  work  to  make  things  easier  and 
synergy  or the collective energy of sharing best  more  productive through the flow of ideas. This 
practice.  Think  about  some  of  the  newest  could  be  as  simple  as  changing  a  room  layout 
companies  you  have  seen  in  KSA  and  how  or using an online chat forum to share ideas.  
easy or simple it is to do business with them.  

New  technology:  ​Technology  is  constantly  Diversifying  the  business:  ​To  be  a  truly 
changing  and  is  readily  available  for  business  innovative  business  you  need  to  think  about 
to  adopt  to  make  their  lives  and  the  lives  of  how  you  can  apply  your  current  skills  to 
their  customers  easier.  Activity:  Imagine  you  another  market  to  expand  the  business.  Just 
are  working  for  Al-Baik  and  you  have  been  because  you  sell  food  doesn't  mean  you  can't 
asked  to  invent  3  new  pieces of technology for  deliver  it  or  sell  it  online  or  supply  it  to  other 
the  company  to  make  queuing  process  food  business.  Spread  your  wings  and  reach 
quicker.  Think  in  pairs  and  then  share  your  out  with  new  ideas  to  grow  your  business 
ideas with your teacher and class.   organically.  

Physical  Workspace:  ​The  physical workspace  Group  Activity:  ​In  groups  of  3,  create  a  new 
can  be  easily  adapted  to  make  it  fresher,  office  layout  for  the  teachers’  staffroom.  Think 
cleaner  and  easier  to  communicate  in.  In  pairs  about  the  furniture  you  will  need  and  draw  a 
draw a new classroom that is innovative.   plan. Use online technology to help you.  

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Unit 24 Produce complex business documents 
Overview:  ​This  unit  will  teach  all  about  how  to 
create  a  professional  business  document 
suited  for  any  type  of  business  you  may  go  to 
work  for  after college. Business documents are 
very  important  as  the  often  contain  important 
information  about  the  business.  An  example  of 
a  business  document  could  include  the 
following:  newsletters,  annual  reports,  budget 
reports,  sales  plans,  proposals,  tenders, 
memorandum  of  understanding  or  an 
employee  contract.  There  are  many  other 
types, can you think of them?   

Getting  ready  to  work:  ​When  going  into  the  What  does  this  mean  for  me?  ​In  the 
world  of  work  it  is  important  you  are  assignment  for  this  unit  you  will  be  asked  to 
comfortable  drafting,  designing  and  produces  create  a  business  plan/proposal  to  be  used  to 
professional  document  in  both  Arabic  or  gain  investment  for  your  business  idea  when 
English.  Your  manager  may  ask  you  to  do  this  graduating  from  college.  It  is  very  important 
at  anytime  so  why  not  start  learning  this  skill  you  work  with  your  assessor  to  build  a  solid 
right  away.  When  writing  your  document  be  template  that  will structure your business ideas 
sure  to  write  in  smaller  paragraphs  as  this  and strategy. 
makes it easier to skim through.  

Online file types: ​When creating business  Proofreading:  ​It  is  very  important  you  check 
documents you will often store them in cloud  your  documents  two  or  three  times  before 
based system that are accessible to company  submitting  it  to  your  manager.  If  your  manager 
employees across the kingdom. Different file  finds  mistakes  you  may  have  to  re-write  it 
types include; doc, docx, pdf, jpg, png and ai.   wasting valuable time.   

Readability:  ​When  creating  your  business  Group  Activity:  ​In  groups  of  3,  decide  on  3 
documents  it  is  important  to  think  about  your  business  documents  you  need  for  your 
audience  first.  By  doing  this  you  will  form  the  business,  write  these  down  on  paper  and  feed 
document  with  language  to  suited  to  reader.  If  them  back  to  the  class.  Think  about  why  you 
your  business  plan  will  be  used  at  a  bank  to  need  these  documents  and  the  importance  of 
gain  investment  it  is  important  the  language  is  their readability.  
formal.  When writing be sure to stick to Arial as 
your  font  and  your  font  size  should  be  11.  Design  elements:  ​Use  visuals  such  as  graphs 
Anything  small  will  make  it  hard  to  read  and  and  tables  to  structure  important  information. 
anything  bigger  will  look  unprofessional.  This  will  make  your  document  more  visual  and 
Important,  your  document  should  follow  a  easier  for  the  reader.  Remember  to  arrange 
company House Style Policy if present.   your document with a Title and Headers.  

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Unit 25 Handle receipt and dispatch of information 
Overview:  ​This  unit  is  all  about  managing 
incoming  and  outgoing  mail  (post).  Types  of 
mail  include  physical  mail  and  digital  mail.  At 
any  time  in  your  career  you  could  be  asked  to 
manage  mail for your company. When handling 
mail  it is important you follow procedure to sort 
the  mail  and  then  store  it  in  the  right  place. 
Different  businesses  will  have  different  policy 
around  this.  A  postal  service  is  normally 
offered  by  public  or private companies such as 
Saudi Post, FedEx, DHL and others.  
 

Mailroom Manager: ​The mailroom manager  Ethical  behaviour:  ​When handling mail or post 


will direct incoming and outgoing mail. He will  you  have  to  be  responsible,  if  the  mail  is 
be responsible for any mail clerks in the mail  private  do  not  open  and  if  it  addressed  to 
room and provide up to date information on  someone  important  make  sure  it  gets  to  them 
procedure. There could be a task in the end of  as  soon  as  possible.  If  mail  gets  lost  you  may 
year exam whereby you will have to manage  be  responsible  and  find  yourself  in  a  company 
mail.   disciplinary hearing. 

Mail-book: ​The mail-book is the document in  Express  post:  ​Express  post  is  a  faster  type  of 
which you record all incoming and outgoing  postage  service  that  aims  to  be  delivered 
mail for the company. This acts as written  within  a  faster  time  than  normal.  When  using 
evidence and is important when trying to find  express  post  be  aware  of  the  increased  cost 
lost mail. The mailbook should be categorised  the  company  may  charge  you.  Always  check 
with the following column headings; sender,  with  the  person  sending  the  post  on  when  the 
receiver, date, subject and forwarded.   post needs to get to its final destination.  

Airmail:​​ ​Is a mail transport service sold on the  Group  Activity:  ​In  groups  of  3,  list  all  the 
basis of at least one leg of its journey being by  equipment  you  would  need  to create a modern 
air. Airmail items typically arrive more quickly  mailroom.  This  of  this  as  a  place  to  store 
than surface mail, and usually cost more to  incoming goods and mail.  
send. Shipping by land may take longer but is 
cheaper.  

Saudi Post: ​Saudi Post was founded in 1926  Weight  of  post:  ​The  weight  of  the  post  will 
by the late King Abdul Aziz Al Saud. They offer  affect  the  shipping cost you pay. Always check 
kingdom wide postal services.   this with the courier before sending.  

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Unit 26 Work effectively in a business environment 
Overview:  ​In  this  unit  you  will  focus  on 
developing  effective  working habits that enable 
you  to  work  seamlessly  and  productively  in  a 
business  environment.  You  will  need  to 
evidence  your  communication  skills,  team 
working  skills,  your  ability  to  follow  policy  and 
work toward organizational goals and targets.  
 

Working  Context:  ​When  working  in  any  What  does  this  mean  for  me?  ​In  this unit you 
context  you  will  want  to  perfect  a  number  of  can  evidence  your  learning  alongside  the 
skills.  These  skills  include:  effective  time  employability  units  or  through  your  work  on 
management,  meeting  deadlines,  following  OJT.  Start  by  listing  the  skills you possess and 
policy,  managing  workflow,  communication  the  opportunities  you  have  to  improve.  What 
with your team and line manager.   are  you  good  at  now  and  what  do  you need to 
work on? 

Occupational  health  and  safety:  ​OHS  is  very  Operating  manuals:  ​Operating  manuals  relate 
important  when  entering  the  working  world.  to  equipment  you  may  use  at  work.  These  are 
Your  company  should  provide  you  with  health  always  provided  by  the  manufacturer.  Be 
and  safety  training  especially  if  you're  working  careful,  do  not  operate  equipment  without 
amongst  hazards  or  exposed  to  harmful  reading  the  manual  first,  you  may  expose 
substances.  OHS  is  about  following  procedure  yourself  to  danger  or  harm.  An  operating 
and  reporting  problems  to  your  line  manager  manual  will  often  be  included  the  box  and  will 
when  you  spot  them.  A  work desk assessment  list  instruction  on  how  to  operate  and  turn  off 
should  also  be  offered  to  you  if  you  are  the  equipment.  If  unsure  speak  to  your  line 
working at a computer for long periods of time.   manager or health and safety representative. 

Policies  and  procedures:  ​Always  follow  Group  Activity:  ​In  groups  create  a  personal 
policy,  if  you  are  not  sure  ask  your  line  SWOT  analysis  of  your  all  your  skills,  gaps  in 
manager  or  human  resources  manager.  knowledge,  threats  to  employment  and 
Examples  of  policy  include;  late  policy,  sick  opportunities.  Share  your  ideas  with your class 
policy, leave policy and privacy policy.   verbally.  

Workplace  communication:  ​Being  an  effective  communicator  means  you  should  also  listen  to 
other  employees’  point  of  view.  When  asking  questions  make  them  open,  use  the  words  how 
and  why.  Communication  is  also  non-verbal,  so  body  language  may  send  the  wrong  message. 
When writing emails be professional and to the point, do not use email as a platform to joke.  

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Unit 33 Undertake small business planning 
Overview:  In  this  unit  you  will  be  learning  how 
to  create  a  business  plan.  Firstly, you will need 
to  think  about  a  unique  small  business  you 
could  start  up  in  the  local  community.  This 
business  idea  is  very  important  as  it  forms  the 
basis  of  all  other  assessment  activities  you will 
take  part  in over the course. The idea is that by 
the  end  of  your  studies  you  will  be  able  to 
apply  for  investment to make this idea a reality. 
The most important part of any plan is a unique 
selling  point  (USP),  something  that  justifies 
 
‘why’ people will buy your product. 

The  ideal  business  plan:  ​The  business  plan  What  does  this  mean  for  me?  At  the  end  of 
should include at least 6 sections:   this  unit you should be very confident in setting 
  out  your  business  plan.  You  should  have  a 
Section 1 - the executive summary.  clear  idea  of  what  is  needed  to  start the pan in 
Section 2 - details on the product or services.  terms  of  finances.  You  should  also  consider 
Section 3 - a sales and marketing strategy.  the following: 
Section 4 - financial plan and projections.  ● Level  of  risk  involved,  risk  assessment 
Section 5 - staffing requirements.   and management. 
Section 6 - a management plan.  ● Market focus of the business.  
  ● Marketing requirements.  
You  assessor  will  provide  you  with  a  template  ● Need  to  raise  finance  and  requirements 
to  do  help  you  do this. To make this easier you  of lenders.  
could  start  by  forming  a  very  basic  one  page  ● Organization/operational  arrangements 
business plan as a draft.  Proposed size and scale of business. 

Questions to think about?  Market  Research:  ​Before  starting  your 


Vision​​:  What  are  you  creating?  What  will  your  business  plan  you  need  to  be  able  to establish 
business  look  like  in  1  year,  3  years,  and  5  that  there  is  a  market  for  your  business.  In 
years?  groups  create  a research survey based on your 
Mission​​:  What  is  your  mission?  Why  are  you  business  idea  and  get  10  students  or  teachers 
starting this business, what is the purpose?  to  complete  the  survey.  This  will  help  you  to 
Objectives​​:  Are  your  business  goals  gauge  demand  for  the  product/service  you  are 
considered  SMART  goals?  How  will  you  thinking about.  
measure success in achieving your goals? 

Legal  requirements:  ​It  is  very  important  to  Start  up  capital:  ​Start  up  capital  is  the  money 
factor  in  all  legal  requirements.  Research  the  you  initially  invest  to  start  the  business.  If  you 
chamber  of  commerce  website  and  list  5  key  invest  this  money  you  will  be  the  100%  owner 
legal  requirements  you  have  to  meet  to  start  a  of  the  business.  If  someone  else  invests  with 
new business. ​http://www.makkahcci.org.sa/   you then they will own part of the business.  

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Unit 36 Market the small business  
Overview:  
This  unit  covers  the  learning  outcomes,  skills 
and  knowledge  required  to  develop  and 
implement  marketing  strategies  and  to monitor 
and  improve  market  performance  in  a  small 
business. 
 
Marketing  Strategies:  ​There  are  100s  of 
different  ways  to  market  your  product,  listed   
below are a number of techniques.  
  Research techniques will include:  
● Online advertising   
● Customer membership programs  ● Focus groups 
● Referral schemes  ● Questionnaires 
● Free demos  ● Surveys 
● User generated marketing  ● Face to face conversations 
● Social media marketing    ● Analysis of historical data 
● Promotional marketing  
● Viral Marketing  Primary  research:  ​Primary  research  is  original 
● Call to Action (CTA) Marketing  information  gathered  by  the  company  or 
● Guerrilla Marketing  yourself directly.  
● Mass Marketing 
● Seasonal Marketing  The  following  are  examples  of  questions  that 
● Direct Marketing  can be addressed through primary research: 
● Trade Show Marketing   
● Alliance Marketing  1. Who  are  my  customers  and  how  can  I 
reach them? 
● Telemarketing  
 
In  pairs  research  an  example  of  3  of the above  2. Which  products  and  services  do  buyers 
strategies  and  feedback  to  the  class  your  need or want? 
findings.    
3. What  factors  influence  the  buying 
Market research & analysis:  decisions of my customers? 
Marketing  research  is  involved  with  the  linking   
of  the  company  and  customer  through  4. What prices should I set for my products 
information.  It  helps  identify  recent  trends  in  and services? 
habits  and  behaviours  of  customers  through  a   
research  process.  Good  marketing  uses  5. Who  are  my  competitors,  how  do  they 
research  tools  in  understanding  the  customer  operate  and  what  are  their  strengths 
and segmenting the market. Research tools are  and weaknesses? 
qualitative and quantitative in nature.    
  Surveys  are  the  most  common  way  to  gather 
primary research. Surveys can be conducted: 
   

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  The  4  P’s:  ​The  marketing  mix  is  all  about 
1. Through direct mail  putting  the  right  product  in  the  right  place,  at 
  the  right  time,  and  at  the  right  price.  The 
● Hand  out  at  the  place  of  business  or  difficult part is doing this consistently.  
mail  out  with  survey  returned  in  person   
or via mail  Price​​:  refers  to  the  value  that  charged.  It 
  depends  on  costs  of  production,  segment 
2. Over the telephone  targeted,  ability  of  the  market  to  pay  and 
  supply  &  demand.  Pricing  can  also  be  used  to 
● Cost-effective  differentiate the product from others.  
● Customer  do  not  like  telephone   
interruptions.  Product​​:  refers  to  the  item  actually being sold. 
  The  product  must  deliver  a  minimum  level  of 
3. On the web or via email  performance  and  value;  otherwise  the  best 
  other  elements  of  the  marketing  mix  won't 
● Allows  participants  to  complete  the  work. 
survey on their own time with little effort.    
  Place​​:  refers  to  the  point  of  sale.  In  every 
Target  market:  A  target  market  is  a  group  of  industry,  catching  the eye of the consumer and 
people  likely  to  buy  a  product/service  and  has  making  it  easy  to  buy  it  is  the  main  aim  of  a 
been  selected  as  the  focus  of  all  marketing  good  distribution  or  'place'  strategy.  Retailers 
activities.  A  target  market  consists  of  pay a premium for the right location.  
customers  that  share  similar  characteristics,   
such as age, location, income and lifestyle.  Promotion​​:  this  refers  to  all  the  activities 
  undertaken  to  make  the  product  or  service 
Target  markets  can  be  separated  into  primary  known to the user and market. This can include 
and  secondary  target  markets.  Primary  target  advertising,  word  of  mouth,  press  reports, 
markets  are  those  market  segments  to  which  incentives, commissions and awards. 
marketing  efforts  are  primarily  directed  and   
secondary  markets  are  smaller  or  less  The  4  C’s?  ​The  4  C’s  is  an  updated  version of 
important.  For  instance,  the  primary  target  the 4P’s. The 4Cs consists of the following: 
market  for  a  jewellery  store  might  be  middle   
aged  Saudi  women  who  are  married  or  going  1. Customer/consumer wants. 
to get married.   2. Cost. 
  3. Convenience. 
Demographics:  ​Demographic  segmentation  4. Communication. 
means  identifying  markets  based  on  several   
shared traits, including  This  model  is  highly  customer  focused  and 
● age,   enables  reflection  on  the  customer  interests, 
● race,   wants  and  needs.  From  being 
● gender,   product-oriented,  you  will  become 
● marital status  customer-centric.  The  4  C’s  of  marketing 
● income and education   focuses  not  only  on  marketing  and  selling  a 
● and occupation  product,  but  also  on  communication  with  the 
target  audience  from  the  beginning  of  the 
process to the very end. 

SSS Diploma in Business (Small Business Management) Trainee Handbook 12 


Unit 37 Manage a small team 
Overview:  ​This  unit  covers  skills  and 
knowledge  required  to  plan  for  the 
management  of  a  small  team.  In  this  unit  you 
will  have  to  create  a  staffing  plan  taking  into 
account  all  the  different  types  of  staff  you 
need  to  for  your  business.  You  will  also  take 
part  in  recruitment  activities,  coaching 
sessions,  advertise  for  internal  vacancies  and 
support  the  development  of  staff through CPD 
sessions.  Your  staffing  plan should include the 
following;   Staff  induction:  ​An  induction  is  the  process 
● names of staff,   used within many businesses to welcome new 
● job roles,   employees  to  the  company  and  prepare them 
● days of the week,   for  their  new  role.  Its  helps  in  the  effective 
● working hours,   integration  of  the  employee  into  the 
● break times,   organisation.  It  provides an introduction to the 
● salary details,   working  setup  of  the  employee  within  the 
● performance criteria   organisation.  The  process  will  cover  the 
● and contingency staff.  employer  and  employee  rights  and  the  terms 
and conditions of employment. 
Performance  Management:  ​The  aim  of  Probation  period:  ​In  a  workplace  setting, 
performance  management  is  to  improve  staff  probation  is  a  status  given  to  new  employees 
productivity  and  to  promote  accountability.  of  a  company.  It  is  widely  termed  as  the 
Performance management is underpinned by a  Probation  Period  of  an  employee.  A 
4 stage cycle:  probationary  period  varies  widely  depending 
● Stage  1  -  setting  clear  goals  for  the  on  the  business,  but  can  last  anywhere  from 
employee.   30 days to several years. 
● Stage  2  -  monitoring  and  measuring  Saudi labor law: ​Saudi labor law covers the 
the  performance  in  line  with  those  employment law all employers and employees 
goals.   must abide by when working in the kingdom. 
● Stage  3  -  reviewing  the  performance  Saudi labor law is likely to cover the following 
and giving feedback.   aspect of employment: 
● Stage  4  -  setting  new  targets  for  the  ● Probation 
employee.   ● Notice periods 
For  performance  management  to  be  effective  ● Leave 
a  clear  job  description  needs  to  be in place so  ● Wages 
the  employee  understands  exactly  what  is  ● Compensation 
expected of him and when.   ● Training 
Group  Activity:  ​In  groups  set  up  a  role  play  ● Working hours 
where  two  of  you  act  as the hiring panel for an  ● Housing allowance 
internal  vacancy  at  Al-Rajihi  Bank.  You  will  ● Transports allowance 
need  to  ask  the  candidate  around  10  ● Maximum working hours 
questions,  these  questions  should  help  you  ● Minimum working hours 
understand if this person is suitable for the job.  

SSS Diploma in Business (Small Business Management) Trainee Handbook 13 


Unit 38 - Build & launch a small business website   
Overview:  ​This  unit  covers  skills  and 
knowledge  required  to  basic  website  to  meet 
business  needs.  In  this  unit  you  will  plan  your 
website  structure  including  the  style,  features 
and  capabilities,  layout  and  navigation, 
interactive  forms  and  integrate  security 
requirements.  You  will  also  be  required  to 
determine  and  develop  suitable  website 
content,  create  website  pages  with  active 
links,  select  and  use  a  web-hosting  service 
and  test  and  critically  evaluate  website 
functions. 

World  Wide  Web  Consortium  (W3C):  is  the   


main  international  standards  organization  Web  hosting  service:  allows websites to be 
for  the  world  wide  web.  They  develop  made  accessible  on  the  world  wide  web. 
standards  and  guidelines  for  the  long  term  Some  are  free  but  as  the  website  grows 
growth of the web.  and  requires  more  functionality,  storage 
  and technical support, a fee is charged. 
Copyright  laws:  Is  the  legal right created by   
the  law  of  a  country  that  grants  the  creator  Key elements of a good website: 
of  an  original  work  exclusive  rights  for  its  Good  Visual  Design—  Design  is  an  all 
use  and  distribution.  In  Saudi  Arabia,  the  encompassing  word  for  all  the  visuals 
authors  rights  are  protected  for  a  period  of  elements  of  your  website  —  logo,  font(s), 
50 years after his/her death.  white  space,  theme/template,  layout  and 
  colors 
HTML:  short  for  Hypertext  Markup   
Language  is  the  standard  markup language  Content—  The  key  to  a  good  website  is 
for creating web pages and applications  providing  relevant  content  that  your 
  readers want.  
CSS:  Cascading  Style  Sheet  is  a  language   
used  to  style  and  layout  the  webpage.  You  Navigation—  Navigation  is  the  “GPS”  of 
can  use  it  to  alter  the  font,  spacing,  colour,  your website. 
layout. Etc.   
  Call  to  Action  —  The  Call  to  Action  is  a  set 
HTML  Iframe:  Inline frame is used to embed  of  words  that  urge  your  website  visitors  to 
a  document,  video,  image  into  a  web  page.  take an immediate action on your website.  
Examples  are  advertisements  inserted  on  a   
web page.  Credibility  —  A  good  website  instills  trust 
  from visitors. 
Defamation  /  slander  -  damaging  the   
reputation  of  others  by  making  false  Mobile  site  —  Make  sure  your  site  is 
statements  viewable  on  a  mobile  internet  enabled 
  device. 

SSS Diploma in Business (Small Business Management) Trainee Handbook 14 


   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Unit E04 Demonstrate self-management skills 


Overview:  ​The  purpose  of  this  unit  is  for 
learners  to  develop  knowledge,  understanding 
and  skills  in  managing  their  work  within  their 
area  of  responsibility.  Learners  will  develop 
skills  in  being  able  to  plan,  organize  and 
manage  their  own  work,  and  understand  how 
to  maintain  and  improve  this.  They  will  also  be 
able  to  review  and  reflect  on  their  work 
practice,  asking  for  feedback  from  colleagues 
about their performance. 
 

Meeting deadlines: ​To meet deadlines at work  What  does  this  mean  for  me?  ​Without 


you  need  to  thoroughly  plan  what  needs  to  be  deadlines  you  will  not  have  any  urgency  in 
done  and  by  what  time.  You  will  also  need  to  meeting  goals  or  completing  tasks.  If  you  are 
outline  what  resources  you  will  need  to  use  to  constantly  missing  deadlines  then  there  may 
get  the  job  done.  A  daily  tracker  or  a  monthly  be  a  problem  with  your  time  management.  A 
to  do  list  can  help you organise your work. The  problem most people find is procrastination.  
main  things  is  to  identify  what  is  most   
important  and  start  with  that  task  first.  Always  Take these steps to meet deadlines: 
seek help from colleagues or your line manager   
to  ensure  you  are  completing  work  to  1. List everything down as an action item. 
deadlines.  If  you  continually  miss  deadlines  at  2. Choose  a  reasonable  timeframe  to  get 
work  this  could  lead  to  a  performance  review  this done. 
with your manager.   3. Schedule  a  day  to  do  the  task  using  a 
  tool such as google calendar. 
Ways  of  managing  time  and  prioritizing  4. Add  in  a  buffer  day  just  in  case  you  do 

SSS Diploma in Business (Small Business Management) Trainee Handbook 15 


tasks:   get delayed.  
1. Decide  what  is  urgent  and  important  5. Always  keep  stakeholders  informed  if 
and what isn't.   you cannot meet your deadlines.  
2. Prioritise early deadlines. 
3. Seek help when needed.  The  personal  development  plan:  ​A  PDP  is 
4. Keep it simple and fun.  used  to  identify  skills  gaps  and  plan 
5. Learn  to  detect  when  you  are  development  needs.  You  should  have 
procrastinating.  completed  a  PDP  in  year  1.  Now  it  is  time  to 
6. Keep good records to track progress.   reflect and update this document.  

Unit E05 Work as a member of a team 


Overview:  ​The  purpose  of  this  unit  is  for 
learners  to  develop  the  knowledge, 
understanding  and  skills  for  developing  and 
maintaining  positive  relationships  with 
colleagues  and  to  contribute  effectively  to  the 
work of a team. 
 
T - Together 
E - Everyone 
A - Achieves  
M- More   
 
In  almost every single project the presence of a 
TEAM  is  vital  to  the  completion  of  the  project. 
Look  around  you,  houses,  schools,  shops  and 
hospitals  all  needs  teams  to  deliver  their 
services.  

Make  and  keep achievable commitments: ​At  What  does  this  mean  for  me?  ​An  effective 
times  your  team  will  rely  on  you  to  complete  team  is  very  important  to  a  successful 
key  tasks.  You will need to plan for this and set  business.  When  working  in  a  team  other 
deadlines  to  ensure  this  is met. Work with your  people are relying on you to complete a portion 
colleagues  to  do  this  using  regular  or  section  of  a  bigger  task.  Teams  work 
communication until the task is done.   together toward achieving a shared goal.  

Types  of  verbal  and  nonverbal  The  importance  of  positive  working 
communication:  ​Visual  language  is  just  as  relationships:  ​When  working  in  a  team  is 
important  as spoken language. Visual language  important  you  are  positive  and  supportive  to 
can  say  a  lot  about  you  as  a  professional.  the  team  to  ensure  the  common  goals  are 
Types of nonverbal communication includes:  achieved,  you  may  not  like  everyone  but  you 
● Body language  have  to  be  able  to  work  with  them  toward 
● Posture  success.  ​To  build  positive  relationships  you 
● Distance  must  earn  trust,  be  mindful  of  other  options 
● Appearance   and  the  diversity  of  the  team.  Positive  working 

SSS Diploma in Business (Small Business Management) Trainee Handbook 16 


relationships are more enjoyable and fun.  

The  marshmallow  tower  challenge:  ​In  teams  Group  Activity:  ​In  groups  of  3  list  5  important 
of  4  using  the  following  materials  build  a  straw  factors  crucial  to  team success. Write these on 
tower.  some  flip  chart papers and share them with the 
Resources​​: Sticky tape & drinking straws.   class.  On  a  scale  of  one  to  10  rate  which  one 
Time​​: 20 Minutes   factors  are  most  important.  You  can  then 
Aim​​: Build the tallest tower you can.   reflect  on  a  time  when  you  have  been  part  of 
team success or witnessed it.  

Unit E06 Demonstrate work and career 


progression skills
Overview​​: ​The  purpose  of  this  unit  is  to 
provide  learners  with  the  knowledge, 
understanding  and  skills  to  contribute 
effectively  in  the  workplace.  They  will  be  able 
to  demonstrate  a  range  of  appropriate 
interpersonal  skills  and  behaviors  for  the 
workplace,  and  understand  their role within the 
organization  and  how  to  plan  and  manage 
career development. 
 
Ability  to  meet  deadlines: ​Your ability to meet   
deadlines  is  vital  to  progressing  your  career. 
Your  line  manager  will  set  you  deadlines  on  a  CV  Features:  ​This  year  your  CV  should  be 
regular  basis  and  will  monitor  your  ability  adapted  and  developed  to  a  lot  higher 
complete  tasks  on  time.  Please  follow  these  standard.  Your  CV  should  be  tailored  toward 
tips to ensure you meet deadlines:  the  career  you  wish  to go into after graduation. 
● Care  about  your  deadlines  and  take  As a guide your CV should include:  
them seriously.  ● Key skills 
● Plan  well  and  create  a  cushion  for  ● Personal profile 
yourself incase you run over.  ● Relevant experience 
● Communicate  with  your  colleagues  to  ● Dates and achievements 
help you meet your deadlines.  ● Referees  
● Communicate  to  your  manager  if  you  Taking  responsibility  for  own  work: 
are facing serious problems.   Accountability  and  ownership  are  very 
● Keep  a  clear  list  or  visual  of  what  you  important  skills  you  need  to  possess  when 
want.  working  for  any  company.  Being  accountable 
Honesty  and  integrity:  ​Integrity  is  one  of  the  means  you  understand  that  the  work  you  do is 
fundamental  values  employers  seek  in  the  completely  under  your  own  control  and  that 
employees  they  hire.  It  is  the  hallmark  of  a  effective  completion  of  your  work  has  an 
person  who  demonstrates  sound  ethical  overall impact on the company’s aims. 
principles  at  work.  A  person  who  has  integrity  Group  Activity:  ​In  groups  list  10  key  skills  you 
lives  his  values in relationships with coworkers,  need as an employee in the modern workplace. 

SSS Diploma in Business (Small Business Management) Trainee Handbook 17 


customers, and stakeholders.   Share your ideas to the rest of the class.  
  Adaptability  and  flexibility:  ​Great  employees 
Honesty  and  trust  are  central  to  integrity.  need  to  be  adaptable  to  their  surrounding  and 
Acting  with  truthfulness  are  also  basic  changes  in  the  business  environment.  There 
characteristics  in  a  person  with  integrity.  are  always  external  factors  that  affect  all 
People  who  demonstrate  integrity  pull  others  businesses  and  this  will have a knock on effect 
to  them  because  they  are  dependable.  They  to your job role year on year.  
are  principled  and  can  be  counted  on  to 
behave in honorable ways most of the time.  

Unit 28 Conduct financial transactions 


Overview​​: ​This  unit  covers  the  learning 
outcomes,  skills  and  knowledge  required  to 
communicate  with  customers  and  operate  a 
range  of  point-of-sale  equipment  to  perform 
sales transactions and reconcile takings. 
 
Point  of  sale:  ​The  point  of  sale  (POS)  or  point 
of  purchase  (POP)  is  the  time  and  place where 
a retail transaction is completed. At the point of 
sale, the merchant calculates the amount owed 
by  the  customer  using  point  of  sale  equipment 
such  as  a  cash  register, indicating that amount 
payable.  He  will  then  indicate  the  options  for 
 
the  customer  to  make  payment.  It  is  also  the 
point  at  which  a customer makes a payment to   
the  merchant  in  exchange  for  goods  or  after   
provision  of  a  service.  After receiving payment,  Cash float  
the  merchant  may  issue  a  receipt  for  the   
transaction,  which  is  usually  printed  but  is  Retail  businesses,  including  restaurants,  that 
increasingly  being  dispensed  with  or  sent  frequently  deal  in  cash  often  employ  a  cash 
electronically.   float.  This  refers  to  the  amount  of  cash  placed 
  in  registers  at  the  beginning  of  a  shift  or 
Balancing the cash register   workday.  The  cash  float  typically  consists  of  a 
  nominal  amount  of  money,  such  as  500  SAR, 
In  order  to  balance  (or  settle)  the  cash  drawer,  broken  up  across  several  denominations  and 
first  the  cashier  prepares  to  count  the  money  change. 
in  the  register.  Counting  the  money  is  usually   
done  in  the  back  office:  the  drawer  is removed  Reconcile takings 
from  the  register  and  taken  into  the  office.  By   
preparing  to  count  the  money,  all  large  bills,  At  the  end of each work day, all the processing 
checks  and  coupons  and  food  stamps  (if  any)  of  receipts  and  payments  must  be  reconciled. 
are removed and put to the side.   The  responsibility  for  this  usually  falls  onto  the 
  person  who  did  the  initial  processing  or who is 

SSS Diploma in Business (Small Business Management) Trainee Handbook 18 


Next,  the  person  counting  the  money  counts  it  responsible  for  the  float  and  banking.  The 
back  to  its  "starting  amount."  The  starting  information  that  is  provided  in  the 
amount  is  the amount of money that was in the  reconciliation  process  is  very  important 
drawer  at  the  beginning  of  the  shift.  As  this  is  because  it  is  used  to  complete  all  necessary 
being  done,  there  will  be  additional  bills  and  paperwork and deposits to the bank. 
change  that  will  be  put  off  to  the  side  along   
with  the  larger  bills.  Once  this  is  done  the   
drawer is reset back to its starting amount.   
   
 

Unit 29 Establish a cash accounting system


Overview​​: ​This  unit  covers  the  learning 
outcomes,  skills  and  knowledge  required  to 
establish  a  system  for  administering  receipts 
and payments, and to maintain it. 
 
The  chart  of  accounts:  ​The  chart  of accounts 
is  the  total  list  of  account  types  a  company 
uses  to  post  transactions  in its general ledger. 
This  serves  as  the  foundation  of  any 
accounting system and is used to complete the   
trial  balance  before  populating  the  balance 
sheet or the profit and loss sheet.   Account  types:  ​There  are  5  main  types  of 
  account classification: 
Each  account  in  the  chart  of  accounts  will  be   
classified  under  one  of  the  5  account  1. Asset 
classifications.  There  are  many  different  2. Liability 
account  names  and  the  sooner  you  begin  to  3. Equity (Capital) 
recognise  their  classification  the  sooner  your  4. Revenue (Income) 
will  be  able  to  correctly  post  double  entry  5. Expense 
transactions.    
  Assets,  liabilities  and  equity  are  used  to  report 
Common account names include the following:  the  financial  position  of  the  company 
● Cash (main bank account)  commonly known as the ‘balance sheet’.  
● Petty Cash   
● Accounts Receivable  Revenue  and  expenses  are  used  to  form  the 
● Inventory  income  statement  of  a  company  commonly 
● Fixed Assets  known as the ‘profit and loss sheet’.  
● Accounts Payable   
● Accounts receivable   To  post  financial  transactions  correctly  and  to 
● Taxes Payable  understand  financial  reports  you  need  to  be 
● Cost of Goods Sold  able  to  correctly  identify  the  account  type  you 
● Bank Fees  are working with. 
   

SSS Diploma in Business (Small Business Management) Trainee Handbook 19 


Try classifying them with your teacher now.  Asset types:  
    
Petty  cash:  ​Petty  cash  is  a  small  amount  of  ● Fixed Assets - A fixed asset is 
cash  on  hand  that  is  used  for  paying  small  something that the business owns and 
amounts  owed,  rather  than  writing  a  check.  will be used in the business for at least 
Petty  cash  is  also  referred  to  as  a  petty  cash  one year. 
fund. The person responsible for the petty cash  ● Current Assets - A current asset is 
is known as the petty cash custodian.  something the business owns and will 
  be consumed/converted into cash 
within one year. 
 

Unit 32 - Establish legal risk management  


Case Study 1
Jafar  is  thinking  about  starting  a  local  Baqala  in  Showqiya  with  50,000  SAR.  He  will  employ 
around  two  shopkeepers  and  expects  to  turnover  around  10,000  SAR  a  month.  Mohammed  is 
new  to  business  and  this  is  the  first  time  he  has  used  his  own  money  to  run  a  business.  Jafar 
isn't sure how to go about structuring his business and needs your advice.  

What legal structure should Jafar register his business as? 


 
 
What are the advantages of this type of business structure? 
 
 
What are the risks of this? 

Case Study 2 
Jamal  has  a  chain  of  Yemeni  restaurants  in  Makkah  which  are  making  a  lot  of  profit.  He  has  10 
restaurants  in  total  and  the  brand  is  well  known  amongst  the  local  community.  He  is  thinking of 
expanding  further  to  two  other  cities  and  expects  his  turnover  to  increase  to  around  1m  SAR  in 
2018.  Jamal  needs  further  investment  and  is  seeking  your  legal  advice  in  selecting  the  correct 
business structure.  

What legal structure should Jamal register his business as? 


 
 
What are the advantages of this particular business registration? 
 
 
What are the risks for him registering his business in this legal structure? 

SSS Diploma in Business (Small Business Management) Trainee Handbook 20 


Extension questions.  
 
In a partnership how are profits divided? 
 
 
In a limited company how is ownership divided? 
 
 
In a sole-trader who is responsible for the debts of the business? 
 

Product Pricing Strategies  

Matching Concept  

Petty Cash procedure  

Stock Control  

Cost Leadership Strategy  

HTML iFrame

Case studies  

SSS Diploma in Business (Small Business Management) Trainee Handbook 21 


Glossary of terms  
Business Structure
Sole Trader  A business owned and operated by one person, has unlimited 
liability.  

Partnership  A group or association of between 2 and 20 people who agree to 


own and run a business together.  

Private limited  A company jointly owned by the people who have invested in it, they 
company  buy shares and become shareholders, have limited liability; the 
shares are not available to the general public. 

Public Limited  The largest type of organisation in the private sector, raises finance 
Company  by selling shares which can be ​purchased ​by the general public. 

Franchise   A business that pays a Franchise Fee to another company to use 


their brand name. 

Marketing
Niche market  A small section of a market with a unique customer base.  

Product life cycle   The stages of a product - introduction, growth, maturity, decline.  

Promotional pricing  A pricing strategy where the product is sold at a very low price for a 
short period of time.   

Wholesaler   A wholesaler buys in bulk (large quantities) from the manufacturer 


and sells on smaller quantities to retailers.  

Marketing mix   The four factors that managers can vary to influence sales of a 
product – the four Ps: product, price, place, promotion.  

Human resource management


Recruitment   The process of filling internal vacancies within a company.  

Performance  The process of improving employees across clear goals and 


management  objectives.  

On the job training   Watching a more experienced worker do the work.  

Induction   A training period that is given at the start of employment.  

SSS Diploma in Business (Small Business Management) Trainee Handbook 22 


Dismissal   When an employee loses their job.  

Business Environment
Public sector  Businesses that are owned and controlled by the government.  

Private sector  Business that are owned by private individuals. 

Stakeholders   Groups of people who have a direct concern with the performance 
of a business.  

Corporate objectives   The long terms aims of a company.  

Exchange rates   The value of one currency in relation to another e.g. $ to SAR. 

Interview Process
4 Stages to  Stage 1​​ - Give an introduction to the company and an overview of 
conducting an  the business's history. 
interview for the hiring   
panel.   Stage 2​​ - Give a brief outline of the job roles and requirements. 
 
Stage 3​​ - Ask relevant and competency based questions. 
 
Stage 4​​ - Ask the candidate if they have any questions.  

SSS Diploma in Business (Small Business Management) Trainee Handbook 23 


CBT practice questions 
Q1  What should be included in a staffing  A. Outsourcing  
plan?  B. Recruitment 
C. Probation  
D. Job Titles 

Q2  When recruitment is carried out by an  A. Recruitment 


agency for a business, we call this?   B. Outsourcing 
C. Selection 
D. Probation  

Q3  In an employment contract what should  A. Recruitment 


be included?  B. Outsourcing 
C. Selection 
D. Working Hours  

Q4  When looking at the skills of employees  A. Recruitment 


we should also think about?  B. Selection 
C. Training needs 
D. Working hours  

Q5  Which of the following depicts the correct  A. Advertise, select, screen, interview 
stages of recruitment?   B. Advertise, screen, interview, select 
C. Screen, interview, select 
D. Select, screen, interview, advertise 

Q6  What is the correct term for assessing  A. Performance management 


and improving employees?  B. Recruitment management 
C. Firing management  
D. Hiring management  

Q7  If two employees have an argument what  A. Bring the two employees together 
should you do?  B. Fire one of the employees 
C. Do not do anything 
D. None of the above  

Q8  The first period an employee works with a  A. Selection period 


new company is known as the:  B. Probation period 
C. Hiring period 
D. Firing period 

Q9  Under Saudi Labor Law you are entitled  A. 40 days 


to how many days paid vacation?  B. 50 days 
C. 16 days 
D. 21 days 

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Q10  Performance management can be  A. Understand feedback 
defined as which of the following?  B. Monitoring and reviewing 
C. Selecting and recruiting 
D. Staff planning  

Q11  What document includes a project  A. Organizational policy. 


scope?  B. Marketing plan. 
  C. Contract. 
  D. Letter. 

Q12  2 Who are internal project stakeholders?  A. Sponsors. 


  B. Suppliers. 
  C. Investors. 
D. Management. 

Q13  3 What project parameters must include  A. Reports. 


quality and risk?  B. Resources. 
  C. Finances. 
D. Standards. 

Q14  7 How do changes of font affect the  A. It looks unprofessional. 


appearance of a business email?  B. It looks clear. 
  C. It looks professional. 
  D. It looks ordered. 

Q15  5 What specification should be included  A. Conformity notices. 


in project requirements?  B. Risk assessments. 
  C. Terms of reference. 
D. Codes of practice. 

Q16  6 What are 'Standard Operating  A. A fixed set of instructions. 


Procedures'?  B. A program of routine activities. 
C. A set of regulations. 
D. A schedule of daily activities. 

Q17  4 What is shown on a Gantt chart?  A. Staff rotas. 


  B. Life cycle costs. 
C. Budget forecasts. 
D. Project schedules. 

Q18  What is part of a debt control process?  A. Maintain accurate records. 


  B. Bank reconciliation. 
C. Pay creditors promptly. 
D. Trial balance. 

Q19  What is the consistent process of records  A. Small business theory. 


management?  B. Hygiene management theory. 
  C. Records management theory. 
D. Records continuum theory. 

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Q20  What is the difference between an active  A. Currency. 
and an archived record?  B. Accuracy. 
  C. Compliancy. 
D. Relevance. 

Q21  What must be included in a marketing  A. Financial reports. 


plan?  B. Sales records. 
  C. Target customers. 
D. Production schedule. 

Q22  What is the main purpose of carrying out  A. To allow bonuses to be paid out. 
a cash flow analysis?  B. To identify the impact of sales 
  budgets. 
C. To ensure business tax statistics are 
correct. 
D. To compare forecasted income 
against expenditure. 

Q23  30 What type of metadata includes  A. Business. 


keywords?  B. Structural. 
  C. Descriptive. 
D. Guide. 

Q24  What classification identifies a customer’s  A. Cultural. 


age?  B. Demographic. 
  C. Economic. 
D. Geographic. 

Q25  What is records management?  A. The control of records through 


systematic storage, file naming, 
archiving, and destruction. 
B. The control of records at home. 
C. The deletion of all files each month. 
D. Using files to make phone calls. 

Q26  Security of electronic files is very  A. Leaving your computer open. 


important. Which of the following is an  B. Keeping files without passwords. 
example of this?  C. Using a password to protect files. 
D. Leaving files around the workplace 

Q27  Customer records can be kept for what  A. Marketing and customer care. 
purpose?  B. To harass them. 
  C. To give out to other companies who 
need their information. 
D. To hold for future. 
 
 

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Q28  What sentence describes the term ‘cloud  A. The action or method of storing 
storage’?  something for future use. 
  B. Accounting is an information science 
used to collect, classify, and 
manipulate financial data. 
C. the process or work of keeping 
financial accounts. 
D. a computing model in which data is 
stored on remote servers accessed 
from the Internet. 

Q29  All records that are kept in the business  A. Completed on a bi-weekly basis. 
should be...?  B. Non accurate with spelling mistakes. 
C. Left open for anyone to use. 
D. Accurate, complete and secured. 

Q30  When using images on your website you  A. They are copied and pasted from any 
should ensure which of the following:  site. 
  B. They are all from Google. 
C. They have the correct public domain 
license. 
D. You took the photos on a camera.  

Q31  Which sentence defines the term  A. The act of selling products or services 
‘E-commerce’?  online. 
B. The act of selling products or services 
face to face. 

Q32  The World Wide Web Consortium is:  A. A standards or quality body that 
  governs the way in which me sell 
clothes online. 
B. A standards or quality body that 
governs the way in which me make 
and run websites. 

Q33  A privacy policy informs the customer of?  A. How many days they have to return 
  the item. 
B. How their personal information will be 
used. 
C. The refund policy on items. 
D. The interest on a loan. 

Q34  Copyright laws protect what?  A. The original or artistic works of 
  people. 
B. The customer's data or credit card. 
C. Insurance in a car crash 
D. Banks and buildings.  

Q35  Numeracy skills are all but?  A. Count cash 

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  B. Touch screen display 
C. Balance point-of-sale 
D. Calculate total sales 
 

Q36  Point-of-sale equipment includes what?  A. Cash register 


  B. Credit/Debit cards equipment 
C. Barcode scanner 
D. All of the above 
 

Q37  When posting purchases for a POS  A. Dr. Inventory & Cr. Purchases 
system we?  B. Dr. Purchases & Cr. Cash 
  C. Cr. Cash & Dr. Inventory 
D. Cr. Accounts Payable & Dr. Purchases 
 

Q38  What is a cash float?  A. Cash placed in the register at the 


  beginning of trades 
B. Cash generated from sale 
transactions 
C. Cash used to pay for expenses 
D. Difference between total sales & 
bank/credit cards sales 

Q39  Which formula produces cost of goods  A. Revenue - Expenses 


sold?   B. Beg. Inventory + Purchases – End. 
Inventory 
C. Gross Profit - Purchases 
D. Assets= Liabilities + Equity 
 

Q40  What is meant by balancing POS  A. Total sales=Total cash sales + Total 
system?   bank/credit cards sales - Cash Float 
  B. Total sales + Total cash sales = Cash 
Float + Total bank/credit cards sales 
C. Total sales = Total cash sales + Cash 
Float 
D. Total cash sales = Total bank/credit 
cards sales 
 
 

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Your own notes
 

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Sources of information and website links
1. https://canadabusiness.ca/business-planning/market-research-and-statistics/conducting-m
arket-research/guide-to-market-research-and-analysis/ 
2. https://en.wikipedia.org/wiki/Target_market  
3. http://study.com/academy/lesson/what-is-demographic-segmentation-in-marketing-definiti
on-advantages-disadvantages.html  
4. http://www.smallbusinessdoer.com/lessons/ae-cheat-sheet-part-4-the-5-main-types-of-acc
ounts/  
5. https://en.wikipedia.org/wiki/Cashier_balancing  
6. https://bizfluent.com/info-8642939-cash-float.html  
7. https://sielearning.tafensw.edu.au/MTH/7017/7027D_v4/travel/7020_vis/modules/7027d/70
27d_topic2/t2_2_ot.htm  
8. https://www.business-case-analysis.com/matching-concept.html  
9. https://www.accountingtools.com/articles/2017/5/17/petty-cash-procedure  
10. https://www.business.qld.gov.au/running-business/finances-cash-flow/stock-control/keepin
g-track  
11. http://whatis.techtarget.com/definition/IFrame-Inline-Frame  

SSS Diploma in Business (Small Business Management) Trainee Handbook 35 

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