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In a rapidly changing world, it is important that people are able to make informed and rational decisions about business matters. Business Studies considers how individuals and groups organise, plan and act to produce goods and services to satisfy customers. The knowledge and skills gained in Business Studies and exposure to enterprise culture can help shape creative, energetic and enterprising people who will contribute to New Zealand’s economic future. In Business Studies, ākonga develop their understanding of business theory and practices in a range of relevant contexts.
In this course, ākonga explore the five key themes (business formation, functions of business, people in business, business management and the business environment) within the context of a medium-to-large business of local, national or international significance. The business should also be connected to their life, for example: a listed company, a retail company with multiple outlets, a school, local government, a large corporation, or a bank.
Ākonga look at internal and external features, critical business problems, and apply business knowledge to provide possible solutions and recommendations to address them. They also have the opportunity to conduct market research and identify motivation practices and apply their knowledge of motivation theory in a business.
No prior learning needed.
| Standard | Description | Version | Credits | Assessment | L1 Lit/Num | UE Lit/Num | Vocational Pathways |
|---|---|---|---|---|---|---|---|
| 121 | Demonstrate and apply knowledge of office equipment and administration processes | 8 | 4 | Internal | SSeService Industries sector-related standard |
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| 90843 | Demonstrate understanding of the internal operations of a large business | 2 | 4 | External | PrPrimary Industries recommended standard SeService Industries recommended standard |
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| 90844 | Demonstrate understanding of how a large business responds to external factors | 3 | 4 | External | PrPrimary Industries recommended standard SeService Industries recommended standard |
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| 90845 | Apply business knowledge to a critical problem(s) in a given large business context | 2 | 4 | External | PrPrimary Industries recommended standard |
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| 90846 | Conduct market research for a new or existing product | 2 | 3 | Internal | PrPrimary Industries recommended standard CrCreative Industries recommended standard |
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| 90847 | Investigate the application of motivation theory in a business | 2 | 3 | Internal | CrCreative Industries recommended standard |