BUW6

Business World - NCEA Level 1

Course Description

Teacher in Charge: Mr S. Bathan

“Entrepreneurial business favours the open mind.  It favours people whose optimism drives them to prepare for many possible futures... purely for the joy of doing so” (Richard Branson).  

Do you have an open mind?  Are you creative and ready to take risks?  Business World invites you to do this.  We invite you to plan, make decisions and develop products that will make a positive difference in people's lives.  You may already have a business project in mind - let us support you with this.  You may not feel you have the skills to be a business owner, an accountant, a banker, a CEO, an economist etc - we are here to show you that you can do ALL of these things.  We are here to support you find your true potential in Business World.  Come and join the team!


Course Overview

Term 1
Starting term 1 students will be working on a decision making assignment. Students will need to investigate options and then write a formal business report. Students will then work on ESTUDEE to prepare financial information for a community organization. At this level processing transactions involves community groups who operate a cash based system. It is important that all cash that is received or spent by a community groups is recorded. The skill learned in this unit will be helpful as students move into the production and sales phases of their market day businesses in Term 3.

Term 2
In term 2 students will continue to prepare financial information for an AGM.

If time allows during this term students who are interested in the legal system will participate in discussions and activities that involve New Zealand’s court system and how as a country we resolve civil and criminal cases. some students may also be interested in working on AS 90983 understanding consumer choices.

Students will also start to brainstorm their business idea and in particular create a marketing mix for their business plan.

Term 3
By the end of Term 3 all business teams will have produced a business plan, followed by a product that they will take to the annual sales evening/market day. It is a requirement that all students attend the sales evening so please make sure they note the date in their calendar as soon as it has been confirmed. Following the sales evening students will have to write a personal review and reflection of your business activity.

Term 4
In Term 4 students will complete the final parts of their business reflection. Also in term 4 students may also revise for the external exam AS 90983, Consumer Choice

Recommended Prior Learning

Curriculum Level 4-5 in English and Mathematics

Pathway

Credit Information

Total Credits Available: 24 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 20 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 27844 v2
NZQA Info
Demonstrate understanding of litigation and dispute resolution processes in New Zealand

This is an optional standard for students who may want to gain expertise in the legal area of business.

Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 3, Week: 2

A.S. 90840 v3
NZQA Info
Business Studies 1.4 - Apply the marketing mix to a new or existing product

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90842 v2
NZQA Info
Business Studies 1.6 - Carry out and review a product-based business activity within a classroom context with direction
Level: 1
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 3, Week: 10

A.S. 90979 v3
NZQA Info
Accounting 1.4 - Prepare financial information for a community organisation's annual general meeting

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 1
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90981 v3
NZQA Info
Accounting 1.6 - Make a financial decision for an individual or group

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90983 v3
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand

Further assessment opportunities will not be offered for this standard inline with NZQA guidelines

4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 24
Total Level 1 Literacy Credits: 20
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0

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