BUS101

Level 1 Business and Commerce

Course Description

The purpose of this course is to understand how small business owners are influenced by internal and external factors that impact on operational and marketing decisions contributing to the success of their business.

Using a combination of practical and theory, this course will give the learner a foundation for future commercial subjects. Students will have opportunity to answer questions such as: How does a business market itself? What are some of the Human resource necessities? What would it be like for a business to shift their store front online in these challenging times? How does a small business function in the wider economic world? Assessments are a mix of internal projects and External examination.

Taking this course creates pathways to Level 2 Business & Commerce 

Recommended Prior Learning

Open Entry. Year 10 Business Savvies desirable but not compulsory.

Contributions and Equipment/Stationery (Approximate)

To be advised

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

This course is eligible for subject endorsement.

Total Credits Available: 15 credits.
Externally Assessed Credits: 5 credits.
Internally Assessed Credits: 10 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 5
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5