Level 2 Business

BUS201
Course Description

Teacher in Charge: Mr C. Hett

Year 12 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. 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 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

Faculties:

Commerce



Pathway

Level 3 Accounting, Level 3 Business

Contributions and Equipment/Stationery

Whilst there are no set course costs, please be aware that in the completing the requirements for AS90848 students may incur start up and running costs. The level of these costs will be dependent on the business activity undertaken


Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90843 v2 Business Studies 2.1 - Demonstrate understanding of the internal operations of a large business
2
E
4
Y
A.S. 90846 v2 Business Studies 2.4 - Conduct market research for a new or existing product
2
I
3
Y
Y
A.S. 90847 v2 Business Studies 2.5 - Investigate the application of motivation theory in a business
2
I
3
Y
A.S. 90848 v2 Business Studies 2.6 - Carry out, review and refine a business activity within a community context with guidance
2
I
9
Y
Total Credits

Total Credits Available: 19 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 15 credits.