Business Studies

HOD: Miss L Adams

Studying business enables students to appreciate the issues that challenge businesses and stakeholders. In a
rapidly changing world it is important that citizens are able to make informed and rational decisions about
business matters.


Level 1 Business Economics (11BEC)

NB: This is a combined business studies and economics course

Number
Name of standard Literacy/Numeracy Credits
Assessment
AS90842 Carry out and review a product-based business activity within a classroom context with direction
6 Internal
AS90840 Apply the marketing mix to a new or existing product
3
Internal
AS90983 Demonstrate understanding of consumer choices, using scarcity and/or demand L 4
External
AS90985 Demonstrate understanding of producer choices using supply L 3
External
AS90986 Demonstrate understanding of how consumer, producer and/or government choices affect society,
using market equilibrium
L 5
External






You will learn to:
• correctly identify and describe the needs and wants of customers
• explain how buyers and sellers interact successfully together in the market
• explain the concept of marketing in terms of the four P’s (product, price, place and promotion)
• create a detailed business plan for a selected product
• act like an entrepreneur: plan for, produce, market and sell your own product at a market day

Course cost: work book costing approximately $30


Level 2 Business Studies (12BUS)

Number
Name of standard Credits
Assessment
AS90848 Carry out, review and refine a business activity within a community context with guidance 9 Internal
AS90843 Demonstrate understanding of the internal operations of a large business 4 External
AS90844 Demonstrate understanding of how a large business responds to external factors 4 External
AS90845 Apply business knowledge to a critical problem(s) in a given large business context 4 External




You will learn to:
• explore the dynamic nature of large businesses and their internal operations
• describe and explain the characteristics of effective managers and leaders
• explore how business activities are affected by external factors
• develop enterprising and entrepreneurial attributes through running a business activity
• critically evaluate business processes and make suggestions for improvement

Course cost: approximately $30 for course materials / EOTC Activities

Due to changes currently being made to feel 2 standards by NZQA, there may be some minor changes to this course in 2012


Level 3 Business Studies (13BUS)

Number
Name of standard Credits
Assessment
AS3.1 Demonstrate an understanding of how internal factors interact within a business that operates in a global context 4 External
AS3.2 Demonstrate an understanding of strategic response to external factors by a business that operates in a global context 4
External
AS3.3 Apply business knowledge to address a complex problem(s) in a given global business context 4
External
AS3.4 Develop a marketing plan for a new or existing product 3
Internal
AS3.5 Analyse a human resource issue affecting a business 3
Internal




You will learn to:
• analyse economic factors that affect a business that operates globally
• describe how businesses grow and the associated costs and benefits
• develop an in-depth marketing plan that contributes to the overall objectives of a business
• critically evaluate a human resource issue affecting a business

Prerequisites: A minimum of 12 credits in level 2 business studies
Course cost: approximately $30 for course materials / EOTC activities