NCEA Level 3 Business Studies 301
BUS301 Course DescriptionTeacher in Charge: M. McIntosh.
Recommended Prior LearningLevel Two NCEA.
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. (Optional but strongly encouraged)
Note: It is possible for students who do not wish to complete the business activity in this course to achieve UE by completing BUS 3.1 and 3.5 instead of BUS 3.6
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 create and implement an in-depth marketing plan for their business (worth 6 credits). This will be built on as teams commence working through planning all elements of their business from funding to carry out. By the end of Term 1, they should have completed their marketing plan and commence 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
Planning, promoting and launching businesses
Teams will be putting together the finishing touches to their planning portfolios, and implementing their promotional activities as they take their business to market.
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Optional: For students who do not wish to partake in the business activity and only by HOD approval students can instead study the HR cycle and complete a report on a HR issue followed by a study of internal factors influencing a large business in NZ that operates in a global context, e.g. Quality Management, Change Management, Innovation and I.P.
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.
Career Pathways
Managing Director/Chief Executive, Office Administrator, Finance Manager, Sales and Marketing Manager, Retail Manager, Sales Representative, Advertising Specialist, Business Analyst, Management Consultant
Contributions and Equipment/Stationery- 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.
Young Enterprise Competition: Optional but strongly encouraged.
- Director Fee $45 (this is paid to the Young Enterprise Foundation)
- YES Tax (25% of any profits earned)