Understanding that your actions at work have a financial dimension which affect the organisation's costs and profits is the basis of commercial awareness. Demonstrating an interest in meeting customer needs and enthusiasm for beating the competition are a good start.
If you come across as the sort of person who has an instinct for what's efficient and cost effective, you'll be a hit. An entrepreneurial streak gets more bonus points.
Business studies could give you the edge, but most employers recognise such traits are not linked to what you study but part of your personality.
Case studies which examine your ability to make sound judgements are often used; success requires a logical approach to problem solving plus a dash of creativity that doesn't cross the boundary into risk taking.
Concepts to talk about at interview include costs, profits, markets and added value. Show understanding of the business context of the organisation by knowing who their competitors are. Have an opinion on what others do better or worse and be up to date on recent developments in their sector. And remember that local authorities and government departments are just as hot on demonstrating they provide value for money as commercial organisations.
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