L1BUS

Level 1 Business Studies

Course Description

Teacher in Charge: Mrs L. Williams

What will I learn and how will I learn?
In this course students will explore the five key themes (business formation, functions of business, people in business, business management and the business environment) within the context of a small-to-medium business, of local or community significance (or focus) and connected to their life; for example, a local farm, tourist operator, retail outlet, franchise, or early childcare centre. Students will study the internal features of businesses, external factors that influence their success, operational business problems and provide causes, impacts, possible solutions and recommendations to address these.

The marketing mix and the human resources process are also studied in this course. Students will gain knowledge of enterprising behaviour, innovation and entrepreneurship in business contexts. One of the internals will require students to form a small business and develop a business plan and product and sell it to students at a market day. 

Conditions of Assessment
Collection of evidence for the internally assessed standards can include, but is not restricted to, an extended task, an investigation, digital evidence (such as recorded interviews, blogs, photographs or film) or a portfolio of evidence. Assessment can be integrated into one activity that collects evidence towards two or three different standards from a programme of learning.  Evidence can also be collected over time from a range of linked activities (for example, in a portfolio). Authenticity of student evidence needs to be assured regardless of the method of collecting evidence.  

Submitting Internal Assessment
Depending on the nature of the assessment, this can be electronic or hard copy. The mode depends on the assessment conditions.

Resubmission and Further Assessment Opportunities
Resubmissions can only be offered once and only when small errors or omissions need to be corrected in student work in a short period of time. There is no further teaching available. Further assessment opportunities are not available in every standard.



Course Overview

Term 1
Week 5 & 6: Assessment AS90840; Week 5 & 9: AS90842
KEY DATES: Week 8: Assessment AS90840

Term 2
Week 2 & 6: AS90842; Week 7 & 10: AS90837
KEY DATES: Assessment AS90842

Term 3
Week 2 & 4: AS90838; Week 5 & 7: AS90839
KEY DATES:

Term 4

KEY DATES: NCEA Examinations; AS90837, AS90838 & AS90839

Recommended Prior Learning

No prior business studies knowledge is required to enter this course, although completion of Year 10 Business Studies will provide a good basis of knowledge for this course. 

Pathway

Career Pathways

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 20 credits.
Externally Assessed Credits: 8 credits.
Internally Assessed Credits: 12 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24709 v4
NZQA Info
Produce a balanced budget to manage personal finances

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: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90837 v2
NZQA Info
Business Studies 1.1 - Demonstrate an understanding of internal features of a small business
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 2, Week: 7
Term: 2, Week: 10

A.S. 90838 v3
NZQA Info
Business Studies 1.2 - Demonstrate an understanding of external factors influencing a small business
4
4
4
Level: 1
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 3, Week: 2
Term: 3, Week: 4

A.S. 90840 v3
NZQA Info
Business Studies 1.4 - Apply the marketing mix to a new or existing product
3
3
3
Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0

Assessments:
Term: 1, Week: 4
Term: 1, Week: 6

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: 1, Week: 5
Term: 1, Week: 9
Term: 2, Week: 2
Term: 2, Week: 6

Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 17
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0