Institute of Commercial Management
Encyclopedia
The Institute of Commercial Management (ICM), founded in 1979, is a professional body for Commercial and Business Development Managers and an internationally recognised examining and awarding body for business and management students. It is accredited by the Qualifications and Curriculum Authority
Qualifications and Curriculum Authority
The Qualifications and Curriculum Development Agency is an exempt charity, and an executive non-departmental public body of the Department for Children, Schools and Families...

 (QCA), the UK regulatory body for public examinations and publicly funded qualifications. It is a not-for-profit organisation, registered educational charity number: 1045370. Its international headquarters are in Ringwood, Hampshire (United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

) and it operates in over 130 countries.

Commercial Management

ICM defines Commercial management
Commercial management
Commercial management-- is a term used to describe the non-technical business disciplines within a company or organization, particularly the administration of revenue and expenses to generate a financial return...

as:

The identification and development of business opportunities and the profitable management of projects and contracts, from inception to completion.
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