Unit of competency Outline
Date retreived
22/07/2026 1:14 PM AWST
22/07/2026 1:14 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Contribute to business improvement
Contribute to business improvement
Unit of competency
National Code
AURAMA5006
AURAMA5006
State Code
WF026
WF026
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
19/08/2014
Field of Education
080301 - Business Management
Original Release Date
19/08/2014
Nominal Hours
32
Description
This unit of competency covers the competence required to contribute to the budget process, manage expenses in order to maintain levels of profitability within the specific area of responsibility, and contribute to the planning of business promotions.Licensing, legislative, regulatory or certification requirements may apply to this unit in some jurisdictions. Users are advised to check with the relevant regulatory authority.
Notes
Elements and Performance Criteria
1. Contribute to the setting of budgets and targets
- 1.1. Information for budgets and targets is collected within agreed timeframes
- 1.2. Budget and targets are set to achieve required levels of financial and business performance
- 1.3. Hourly rate is calculated based on business costs and margins, according to enterprise requirements
- 1.4. Expenditure requirements are agreed with appropriate persons, and provision is made in targets
- 1.5. Provision for unplanned costs is included in annual budget
2. Manage income and expenses
- 2.1. Expenditure and income for jobs is monitored on a regular basis
- 2.2. Financial information on jobs is collected on a regular basis and compared to budget
- 2.3. Corrective action for budget discrepancies is implemented
- 2.4. Invoices are prepared within timeframes according to industry and/or enterprise standards
- 2.5. Performance against budgets is monitored on a regular basis, and options for corrective action are discussed with management
- 2.6. Assistance is provided in the resolution of disputed accounts according to industry and/or enterprise standards and procedures for dispute resolution
3. Contribute to planning of business promotions
- 3.1. Promotional strategies are regularly reviewed with management
- 3.2. Adjustments to promotional strategies are discussed and agreed with management
- 3.3. New stock and/or display equipment required to support promotions is identified and arranged in a timely fashion
- 3.4. Displays are arranged to enhance enterprise image
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Methods
Methods include:
written and verbal communication
planning
Budgets and targets
Budgets and targets may be for:
finances
sales
stock throughput
work won
Financial information
Financial information may include:
hourly rate components
expenditure on jobs, at hourly rate
income from jobs, at hourly rate
supplier invoices
stock documents
Unplanned costs
Unplanned costs may include:
accident
burglary/loss
damage
Business or department income
Business or department income may be sourced from:
retail labour sales
component sales
accessories and other items
margins on sublet jobs
government employment incentives
Business costs and margins
Business costs and margins may include:
general expenses
fixed expenses
on costs
rework component
profit margins
Corrective action
Corrective action in response to budget discrepancies may include:
reassessing budget
reducing costs
changing procedures
Business promotions
Business promotions may relate to:
regular advertising
special campaigns
Displays
Displays may include:
stock and other merchandise
enterprise signage
promotional and advertising material
Information/documents
Information/documents may include:
enterprise operating procedures
product manufacturer/component supplier specifications
customer requirements
industry/workplace codes of practice
WHS requirements
WHS requirements may include:
state/territory WHS legislation
award provisions
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
Methods
Methods include:
written and verbal communication
planning
Budgets and targets
Budgets and targets may be for:
finances
sales
stock throughput
work won
Financial information
Financial information may include:
hourly rate components
expenditure on jobs, at hourly rate
income from jobs, at hourly rate
supplier invoices
stock documents
Unplanned costs
Unplanned costs may include:
accident
burglary/loss
damage
Business or department income
Business or department income may be sourced from:
retail labour sales
component sales
accessories and other items
margins on sublet jobs
government employment incentives
Business costs and margins
Business costs and margins may include:
general expenses
fixed expenses
on costs
rework component
profit margins
Corrective action
Corrective action in response to budget discrepancies may include:
reassessing budget
reducing costs
changing procedures
Business promotions
Business promotions may relate to:
regular advertising
special campaigns
Displays
Displays may include:
stock and other merchandise
enterprise signage
promotional and advertising material
Information/documents
Information/documents may include:
enterprise operating procedures
product manufacturer/component supplier specifications
customer requirements
industry/workplace codes of practice
WHS requirements
WHS requirements may include:
state/territory WHS legislation
award provisions
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
It is essential that competence is fully observed and there is ability to transfer competence to changing circumstances and to respond to unusual situations in the critical aspects of:
contributing to the budget process, managing expenses in order to maintain levels of profitability within the specific area of responsibility, and contributing to the planning of business promotions.
Context of and specific resources for assessment
Underpinning knowledge and skills may be assessed on or off the job.
Assessment of practical skills must take place only after a period of supervised practice and repetitive experience. If workplace conditions are not available, assessment in simulated workplace conditions is acceptable.
Prescribed outcome must be able to be achieved without direct supervision.
The following should be made available:
enterprise stationery, telephone, forms/business documents.
Method of assessment
Practical assessments:
calculate and review hourly rate, based on supplied business costs and margins
discuss current budget status, based on provided data
achieve department budgets
discuss strategy for treatment of debtors and bad debts
prepare analysis of current enterprise/department promotional strategies and recommendations for adjustments.
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
Critical aspects for assessment and evidence required to demonstrate competency in this unit
It is essential that competence is fully observed and there is ability to transfer competence to changing circumstances and to respond to unusual situations in the critical aspects of:
contributing to the budget process, managing expenses in order to maintain levels of profitability within the specific area of responsibility, and contributing to the planning of business promotions.
Context of and specific resources for assessment
Underpinning knowledge and skills may be assessed on or off the job.
Assessment of practical skills must take place only after a period of supervised practice and repetitive experience. If workplace conditions are not available, assessment in simulated workplace conditions is acceptable.
Prescribed outcome must be able to be achieved without direct supervision.
The following should be made available:
enterprise stationery, telephone, forms/business documents.
Method of assessment
Practical assessments:
calculate and review hourly rate, based on supplied business costs and margins
discuss current budget status, based on provided data
achieve department budgets
discuss strategy for treatment of debtors and bad debts
prepare analysis of current enterprise/department promotional strategies and recommendations for adjustments.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| W2848 | AURC561614A | Contribute to business improvement | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AXE70 | AURAMA006 | Contribute to planning and implementing business improvement in an automotive workplace | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| J422 | AUR50112 | Diploma of Automotive Management | Qualification |
| J417 | AUR40412 | Certificate IV in Automotive Performance Enhancement | Qualification |
| J424 | AUR50312 | Diploma of Motorsport Technology | Qualification |
| AZH0 | MSM41115 | Certificate IV in Recreational Vehicle and Accessories Retailing | Qualification |
| W956 | MSA40710 | Certificate IV in Recreational Vehicle and Accessories Retailing | Qualification |
| W955 | MSA40510 | Certificate IV in Recreational Vehicles | Qualification |
| AZG3 | MSM51015 | Diploma of Recreational Vehicles | Qualification |
| W957 | MSA50510 | Diploma of Recreational Vehicles | Qualification |