Level 2 Business Studies
BUS2 Course DescriptionTeacher in Charge: J. Jia.
Recommended Prior LearningIt is helpful but not essential that the students have taken Commerce at Y10 and/or Level 1 Commerce.
Level 2 Business Studies is a course based on NCEA Level 2 Business Studies Achievement Standards.
The Business Studies course is an opportunity for students to learn about some important business factors that significantly influence how successful businesses operate. The course also includes a practical Business Activity where students work in groups to write a detailed business plan and then make, market and sell products in line with their business plan. Students are required to reflect on how successful their business activity has been and provide updates to their business plans.
The course therefore offers a blend of business studies theory with practical business activities working in groups. As part of the group activity students get a chance to develop and practice some essential business skills including teamwork, leadership, communication and planning.
METHODS OF ASSESSMENT:
A mixture of Internal Assessment and Externally Assessed Examinations.
Course Overview
Term 1
You will gain knowledge, skills and competencies in planning, undertaking and interpreting Market Research. The significance of Market Research to a business should not be understated and this activity should provide essential insights into customer’s needs, wants, priorities and should underpin many of the decisions a business makes. This Achievement Standard may be included within the Business Activity (2.6)
Term 2
You will gain knowledge, skills and experience to develop a detailed business plan and then undertake the activities you have described in your business plan. This achievement standard involves carrying out, reviewing and refining a business activity within a community context with guidance. Students will develop a good appreciation of a number of the key operational elements to a business including People, Marketing, Finance and Operations. The completion of this assessment in groups also provides great opportunities for students to develop essential leadership skills including communication, collaboration and team-working.
Term 3
You will gain knowledge in how and why businesses organise themselves in different ways, gain insights into different production processes for goods and services, explore essential skills of managers and leaders based on different roles, gain an insight into financial information for management to aid decision making, understand the need for and importance of policies and procedures and understand the role of corporate social responsibility within a business.
Term 4
Revision and completion of any outstanding assessments
Pathway
Level 3 Business UE Approved, Level 3 Economics UE Approved
Contributions and Equipment/StationeryWhilst there are no set course costs, please be aware that in the completing the requirements for AS90848 students may incur business start up and running costs. The level of these costs will be dependent on the business activity undertaken