Commercial Awareness and Business Decision Making Skills

The chances are that if you have picked this book from the shelf at the local library or bookshop, you have a career in business or are considering this as a probable direction in the future. This should imply that you have some idea of the mechanics by which business works, but let us stand back for a moment and ask ourselves a few questions the answers to be which might be rather uncomfortable!
| Q: | How do businesses interact, in a written format, with the world around them? |
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| Q: | When divisional directors prepare budgets for the period ahead what medium is used to subsequently compare actual with the budgets' predictions? |
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| Q: | If you hold shares in a public company what is the main correspondence you receive in addition to notification of the annual general meeting and dividend tax vouchers? |
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Answers
| Q: | Invoices, credit notes, goods received notes and so on. Marketing flyers, brochures Overdue payment reminders Financial statements |
| Q: | Monthly management accounts |
| Q: | Summary financial statements |
The common theme is financial information, and yet the very thought may have you in a cold sweat. However, there is some good news as financial information can be viewed very differently from the perception it conveys to most.

As with any good novel...