Introduction to Business Operations in Engineering Unit
Engineers are employed in a range of businesses in the primary, secondary and tertiary sectors. As such, their knowledge and skills are used to carry out a variety of specific functions. Therefore, these functions solve the needs of business operations in engineering. Additionally, they contribute to their commercial success. Fundamentally, by making effective use of their engineers’ expertise, organisations can secure competitive advantage. In conjunction to this, whether they be a small owner-managed company or a large limited company with many shareholders.
What’s included in the Business Operations in Engineering Unit?
Learners considering a career in engineering, it is important to have an understanding of how an engineering business operates. Additionally, understanding its position in society. As such, this Business Operations in Engineering unit will develop learners’ understanding of business, the engineering industry and the effect of engineering on the environment. Furthermore, it will help give learners a firm foundation for employment in the engineering sector and an understanding of the organisational, financial, legal, social and environmental constraints in which an engineering company operates.
In essence, learners will examine an engineering company in detail. This could be either the one in which they are employed or one in an engineering sector in which they may look for employment. What’s more, learners will understand how the company operates, the factors that impact on the business and the importance of a cost-effective output. This will include an examination of the engineering functions of the company and the importance of communication and information flow in the business. This is set within a study of how external factors and the economic environment impact on the company.
Moreover, learners will examine relevant legislation and how it can place considerable constraints on the way that a typical engineering company is required to operate. A company cannot survive if it is not profitable and the unit allows learners to consider the use and implication of costing techniques on the sustainability of a particular engineering activity.
On completion of this unit a learner should:
- Understand how an engineering company operates
- Understand how external factors and the economic environment can affect the operation of an engineering company
- Know how legislation, regulation and other constraints impact on the operation of engineering businesses
- Be able to apply costing techniques to determine the cost effectiveness of an engineering activity.
Where can I contact you if I have questions?
If you have any queries regarding the post above, please contact us here.