NCEA Level 3 Business Studies
Course Description
Head of Faculty - Kaihautuu: Mr B. Silk, Mr M. Naicker.
Welcome to the Level 3 Business Studies Course. This course offer 19 achievement standards credits (15 - Internal and 4 External credits) and it is recognised as a University Entrance course.
Internal Achievement Standards
The internal standards involve students actively participating in the Young Enterprise Scheme (YES) and collaborating in groups to:
Create a Product or Service: Document progress from Terms 1 to 3, which includes:
- Completing four YES Challenges worth 100 points with strict deadlines.
- Continuously producing and selling the product(s).
- Maintaining weekly individual logs as per the criteria.
- Recording Monthly Minutes for the respective YES Company as per the criteria.
Plan and Execute a Business Activity throughout the YES year.
Develop a Comprehensive Marketing Plan.
Students must gather evidence to demonstrate their contributions to the project. Success largely depends on the group's ability to work collaboratively. The primary internal assessments involve participation in the Young Enterprise Scheme (YES).
External Achievement Standard
The external standard in this course focuses on the interaction of internal factors within a business operating in a global context. A New Zealand registered business will be studied to enable students to gain knowledge, skills, and experience to analyze how and why NZ businesses make operational and strategic decisions in response to interacting internal and external factors. Students are expected to demonstrate an understanding of the following business knowledge, concepts, and content (in no particular order):
- Quality Management: Significance to a business, costs and benefits of quality control, quality assurance, total quality management, Kaizen, and quality circles.
- Innovation: Risks and opportunities, including intellectual property management, product and process innovation, corporate cultures, and strategies encouraging innovation.
- Change Management: Necessity of the change management process, resistance to change, and costs and benefits of change management strategies.
Course Overview
Term 1
Develop a Marketing Plan for their business activity.
Commence selling their product or service at the end of the term.
Participate in the Young Enterprise Market Research Challenge.
Term 2
Completion of Marketing Plan for their business activity.
Continue selling their product or service
Start Business Plan for their business activity.
Participate in the Young Enterprise Pitch and Promotion Challenges.
Term 3
Completion of Business Plan for Business Activity
Completion of Annual Review and Reflection of Business Activity.
Learning content of 3.1 External for Derived Grade exam mid term.
Finalizing selling and wrapping up Business Activity.
Term 4
Study and revision of 3.1 External on Demonstrating understanding of how Internal Factors Affect businesses.
Recommended Prior Learning
Students enrolled in MIT Courses and/or Work Experience programme are strongly advised not to enrol in the Level 3 Business Studies course. Success in this course relies heavily on consistent attendance, active participation in group work, organisational skills, the ability to balance and manage time between Business Studies and your other enrolled Level 3 courses, and meeting high-pressure multiple deadlines.
Prerequisites:
- Completion of the Level 2 Business Studies course is highly beneficial.
- Over 80% attendance is mandatory.
- A personal laptop or large-screen device is mandatory.
- Strong background in numeracy, literacy, and digital skills to develop, write, and implement business plans.
- Proficient time management skills.
- Ability to work effectively in a group, sharing roles and responsibilities.
- Ability to self-manage, organise, attend markets to sell products, and speak confidently.
Contributions and Equipment/Stationery
A personal laptop is essential for this course. If obtaining one is a barrier, please contact Ben Silk, the Kaihautu/Head of Social Sciences, at .
Pathway
Level 3 Business Studies prepares students for university as well as trade apprenticeships and working in the business or commerce environment.
Assessment Information
AS91382 Develop a Marketing PlanAS91384 Carry out with Consultation a Business Activity
AS91379 Demonstrate Understanding of how Internal Factors affect Businesses
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.
This course is approved for University Entrance.
External
NZQA Info
Business Studies 3.1 - Demonstrate understanding of how internal factors interact within a business that operates in a global context
NZQA Info
Business Studies 3.4 - Develop a marketing plan for a new or existing product
NZQA Info
Business Studies 3.6 - Carry out, with consultation, an innovative and sustainable business activity
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.