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Business Studies

   BUS1  Course Outline                      2018 Level 1 Year Planner

                                                                                                                                                                                The following achievement standards will be offered to students completing Level 1 Business Studies.  Please note that in Term 1 , Week 8  you will participate in Oceania Week to experience a market day and to raise capital to develop your "actual" business product to be sold during Market Day  in Term 2.  Products not permitted to be sold at Level 1 in Term 2 include food and beverages.   Further details on Oceania Evening and Market day and field trips will be advised in class.  

Term

Code

Achievement Standard Title

NZQA Credits


Int/Ext

FOA

1

90841**

Investigate aspects of human resource processes in a business.


3

Internal 

No

1

90840**

 Apply the marketing mix to a new or existing product (optional assessment) 

3

Internal 

No

2

90842**

Carry out and review a product-based business activity within a classroom context with direction

6

Internal

No

1 and 2

90837**

Demonstrate an understanding of internal features of a small business

4

External 

No

3

90838**

Demonstrate an understanding of external features of a small business

4

External

No

                                                       

 490839** Apply business knowledge to an operational problem(s) in a given small business context 4 External No
** Literacy credits
No Numeracy credits in Level 1 Business Studies 

What should I have already achieved?
An interest in how business works and a willingness to get involved. An appreciation of how to work as             part of a group and a desire to do your best.
What will I learn?
Business Studies explores the skills, knowledge and understanding needed in order to be involved in
business. At first it may seem straightforward as a business essentially provides a good or service
that meets the needs of customers, but there are a lot of skills needed to be successful in business.
These skills include
  • Planning and goal setting
  • Market research and analysis
  • Time management and organisation
  • Marketing and promotion
  • Pricing and selling
  • Financial management
Students who study Business Studies will learn how to be enterprising through practice. Every student
will be involved in running their own business and selling a product or service to customers. In addition to the practical experience students will investigate actual New Zealand business to try to understand what
they have to do to be successful.
How will this course be assessed?
Learning in Business Studies will be assessed through both internal and external achievement
standards.

You have the opportunity to gain a potential of 17 credits in Business Studies. This will consist of 9 Internal Assessments credits and 8 External Assessment credits.

The learning focus is on learning the skills that are needed to effectively plan for and carry out a
business activity. The business activity achievement standard (AS90842) and internal features (AS90837) is compulsory for all students, but
then, in consultation with the teacher, students will have the opportunity to chose the other standards
they enter with the expectation of a minimum of 14 credits. 
Will there be any FAO?  (Further Assessment Opportunities)
None.
Are there any Pre-requisite for Level 2 Business Studies
Preferably 10 credits in Level 1 Business Studies but it is open to any students who have achieved
NCEA Level 1 Literacy

What are the course costs? Estimated cost of between $50 to $100 invest in your own business team product, $35 for a Class Trip to Spookers and $25 for a Class Trip to Extreme Edge Indoor Rock Climbing

Refer to the Stationary List and Resources Lists provided by the school at the time of enrollment