BUS8

Business Studies - NCEA Level 3

Course Description

Teacher in Charge: Mr S. Bathan

Year 13 Business students deliver their pitch for 'ELAPID Skate wax' to Young Enterprise judges at WINTEC.

This course aims to provide you with  opportunities to engage in a meaningful way with the world around you. You will be learning in an authentic and connected way.   It will give students a sound  understanding into  the world of commerce as well as a  practical application of business and entrepreneurial  concepts.  

'Tē tōia, tē haumatia.'  

Nothing can be achieved without a plan, workforce and a way of doing things.


Do you have a great idea that you want to pursue?  Do you want to work collaboratively or as part of a team to see your great idea come to fruition?  Do you have a passion for designing, planning, developing products and services to make a positive difference in our world? We invite you to to do this in Business Studies.  We are here to support you find your true potential in Business. Come and join the team.

Course Overview

Term 1
Throughout terms 1-3 you will work in your business team (using the Young Enterprise Guidelines) to plan, carry out and evaluate an innovative and sustainable business activity. You will use the Lean Start-Up approach to planning and carrying out a business activity. This encourages you to take your product to market early and then focus on selling over several months.

During this term you will be required to develop a marketing plan for an existing product or service. The main tasks involved will be:
• Describe your product or service and identify your business’s vision and/or mission statement and SMART business objectives
• Carry out a marketing audit for your product to explain the market situation and how this will impact on your new product
• Prepare a marketing strategy for your product which includes your marketing objectives, marketing mix, sales forecast and contingency plans
• Prepare a marketing plan for your product which includes a marketing action plan, marketing budget and plan for monitoring sales

Term 2
Throughout this term you will continue to work in your business team (using the Young Enterprise Guidelines) to plan, carry out and evaluate an innovative and sustainable business activity. You will use the Lean Start-Up approach to planning and carrying out a business activity. This encourages you to take your product to market early and then focus on selling over several months.
The main tasks involved are:
• Planning which will include preparation of a Lean Canvas, delivering a business pitch and submitting a planning portfolio
• Carrying out taking an MVP or prototype to your team’s target market, selling over several months and consultation with specialist advisers

Term 3
Throughout this term you will continue to work in your business team to plan, carry out and evaluate an innovative and sustainable business activity.
The main tasks involved are:
• Planning which will include preparation of a Lean Canvas, delivering a business pitch and submitting a planning portfolio
• Carrying out taking an MVP or prototype to your team’s target market, selling over several months and consultation with specialist advisers
Evaluating and carrying out your business plan

Term 4
On completion of this term you will be able to contribute within a team which has an objective. Evidence requirements for the standard are as follows:
• Identifying your team’s purpose and expectations
• Identifying your own expected contribution and behavior
• Your communication, behaviours, and other contributions are in accordance with your team’s expectations and are contributing to the achievement of the team’s objective
• Use questions to clarify and obtain information from other team members
• Any actions relevant to achievement of the objective are carried out to your team’s requirements and/or expectations
• Offer constructive feedback in response to contributions from other team members.


This term will also be your opportunity reflect on your business project for the year. For those seeking subject endorsement you will also be working on the External exam for AS 91380.

Recommended Prior Learning

Yr 10, 11 or 12 Commerce subjects


Pathway

As a group students need to make and sell over ongoing selling cycles. It would be great if you have a been playing with a business idea in your head before you start this course.

Business plans need to be completed prior to the first selling phase and written in the future tense. After taking the product to market students review the success, or otherwise, of the activity, with a particular focus on progress towards the SMART objectives. They then consider any changes that need to be made to the plan prior to the ongoing selling phases. The product is then taken to market again and again prior to students reflecting on the success of the previous selling cycles.
All Year 13 students are expected to engage with YES - the Young Enterprise scheme.

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 22 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 18 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 9681 v7
NZQA Info
Contribute within a team or group which has an objective
Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 1, Week: 10

A.S. 91380 v2
NZQA Info
Business Studies 3.2 - Demonstrate understanding of strategic response to external factors by a business that operates in a global context

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

Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0
A.S. 91382 v2
NZQA Info
Business Studies 3.4 - Develop a marketing plan for a new or existing product
6
6
6
Level: 3
Internal or External: Internal
Credits: 6
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 6r *
Numeracy Credits: 0

Assessments:
Term: 3, Week: 10

A.S. 91384 v2
NZQA Info
Business Studies 3.6 - Carry out, with consultation, an innovative and sustainable business activity
9
9
9
9
Level: 3
Internal or External: Internal
Credits: 9
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 9r *
Numeracy Credits: 0

Assessments:
Term: 3, Week: 10

Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 19
Total University Entrance Literacy Credits: 19
Total Numeracy Credits: 0

Approved subject for University Entrance

Number of credits that can be used for overall endorsement: 19

Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.

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