BUS301

NCEA Level 3 Business Studies 301

Course Description

Teacher in Charge: Mr A. Munro


Business Studies 301

In a rapidly changing world it is important that citizens are able to make informed and rational decisions about business matters. Business contributes to the development of an enterprising culture in New Zealand and supports our efforts to improve economic and community well-being. Studying business creates opportunities for learners to:

  • understand the integral role of business in society and the economy
  • explore enterprise culture
  • further develop and foster qualities such as initiative, resilience, and resourcefulness, and skills such as problem solving, co-operation, decision making, negotiation, and communication
  • gain knowledge and understanding of good business practice and of business as a productive activity
  • acquire greater financial capability.
  • participate in the Young Enterprise Certificate run nationally throughout secondary schools in NZ and resourced by the Young Enterprise Trust.

UE Approved Subject


Course Overview

Term 1
Business ideation and planning.

In Term 1, learners will form companies and work together to come up with a business idea, and work through planning all elements of their business from funding to carry out. By the end of Term 1, they should have created a team business planning portfolio that will be assessed towards their Carry out an innovative and sustainable business activity achievement standard (worth 9 credits).

Term 2
Promoting and launching businesses

Having completed their planning, teams will create and implement an in-depth marketing plan for their business (worth 6 credits) and take their business to market. During this term, as part of the Young Enterprise Competition, teams will complete a business pitch, presenting their idea to a panel of judges.

Term 3
Carry out business + External exam preparation.

Learners will continue to sell their products/services throughout terms 2 & 3, wrapping up and reviewing their business activity at the end of the term. All Young Enterprise Challenge tasks are due at the end of the term.

In class, learners will be working on the learning towards the external exam.

Term 4
Revision and exam preparation.

Recommended Prior Learning

Level Two NCEA. 

Contributions and Equipment/Stationery

ESA workbook for 3.2 External Factors Achievement Standard. The workbook for 3.6 Carry out an innovative and sustainable business activity is also recommended.

Young Enterprise Competition:
- Director Fee $35 (this is paid to the Young Enterprise Foundation)
- Student business teams are also required to raise the start-up capital to fund their business activity. This may involve each member of the team contributing share capital individually, although teams may also look into alternative funding mechanisms such as fundraising activities.

Description Type Value
Young Enterprise Fee Voluntary $35.00
$35.00

Credit Information

This course is eligible for subject endorsement.

This course is approved for University Entrance.

Total Credits Available: 19 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 15 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
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
Level: 3
Internal or External: External
Credits: 4
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 4r,4w *
Numeracy Credits: 0

Assessments:
Term: 4, Week: 4

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: 1, Week: 8

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: 8

Credit Summary
Total Credits: 19
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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