25360 version 1 Page 1 of 4 Demonstrate knowledge of risk and warranty for marine retail and distribution Level 4 Credits 3 Purpose People credited with this unit standard are able to: identify risks in marine retail and distribution businesses; identify risk prevention and mitigation strategies for marine retail and distribution; describe warranty claim processes in marine retail and distribution; and describe the implied guarantee requirements for selling goods in New Zealand. Subfield Boating Industries Domain Marine Sales and Services Status Registered Status date 12 December 2008 Date version published 12 December 2008 Planned review date 31 December 2014 Entry information Open. Accreditation Evaluation of documentation and visit by NZQA and industry. Standard setting body (SSB) Boating Industry Training Organisation Accreditation and Moderation Action Plan (AMAP) reference 0136 This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Special notes 1 Performance of the elements of this unit standard must comply with the requirements of the following: Consumer Guarantees Act 1993; Fair Trading Act 1986; Health and Safety in Employment Act 1992; Human Rights Act 1993; Privacy Act 1993; Sale of Goods Act 1908; other published statutes, regulations, codes of practice, guidelines, and standards relevant to the particular workplace, and their subsequent amendments and replacements. New Zealand Qualifications Authority 2016 25360 version 1 Page 2 of 4 2 Definitions Guarantee; a promise made to a purchaser on the goods and services bought. There are two types of guarantee: Implied guarantees; guarantees about the life, quality, repairs, price, and servicing of goods or services given to you by law. Most of these come from the Consumer Guarantees Act 1993. Express guarantees; guarantees over and above the guarantees given by law, about the quality, servicing, etc of goods or services. To get an express guarantee, a warranty card may have to be completed when the goods or services are purchased. Most expensive goods, such as household appliances, electronic goods, and marine equipment are sold with a warranty, which covers a specific period of time. Warranty; the same as an express guarantee. Manufacturer requirements; warranty conditions specified by a manufacturer. Elements and performance criteria Element 1 Identify risks in marine retail and distribution businesses. Performance criteria 1.1 Examples of risks and their implications are identified for marine retail and distribution businesses. Range includes but not limited to – excess stock, incorrect stock, price, discount, natural disasters, warranty claims, staff liability, theft, product damage, economic downturn, seasonal variations, trends, rental obligations, exchange rate, cost price increase, inflation, shipping cost increase, lack of skill availability, technology changes, competition, reputation, faulty products. Element 2 Identify risk prevention and mitigation strategies for marine retail and distribution. Performance criteria 2.1 Potential strategies for preventing or mitigating risks are identified for marine industry retail and distribution situations. Range includes but not limited to – excess stock, incorrect stock, price, discount, natural disasters, warranty claims, staff liability, theft, product damage, economic downturn, seasonal variations, trends, rental obligations, exchange rate, cost price increase, inflation, shipping cost increase, lack of skill availability, technology changes, competition, reputation, faulty products. New Zealand Qualifications Authority 2016 25360 version 1 Page 3 of 4 Element 3 Describe warranty claim processes in marine retail and distribution. Performance criteria 3.1 Warranty terms and conditions for marine products are described in accordance with manufacturer requirements. 3.2 Processing of warranty claims is described for products sourced from manufacturers that offer a warranty. Range 3.3 a New Zealand and international manufacturer. Processing of warranty claims is described for products sourced from distributors and re-distributors that offer a warranty. Range a New Zealand and international distributor. Element 4 Describe the implied guarantee requirements for selling goods in New Zealand. Performance criteria 4.1 Implied guarantee requirements are described in accordance with the Consumer Guarantees Act 1993. 4.2 Implied guarantee requirements are described in accordance with the Fair Trading Act 1986. 4.3 Warranty requirements are described in accordance with the Sale of Goods Act 1908. Please note Providers must be accredited by NZQA, or an inter-institutional body with delegated authority for quality assurance, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be accredited by NZQA before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The AMAP also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. New Zealand Qualifications Authority 2016 25360 version 1 Page 4 of 4 Comments on this unit standard Please contact the Boating Industry Training Organisation info@bia.org.nz if you wish to suggest changes to the content of this unit standard. New Zealand Qualifications Authority 2016