Level 2 Business Studies
Option Description
Teacher in Charge: Mr T. Broderick.
The 2BUSI course gives students an introduction to operating a business, using the Young Enterprise Scheme (YES). It starts with AS 90846 learning about the Market Research, completing this for a product that students want to produce during the year. During term 2 and 3 the students work on a business plan in AS 90848 which will involve producing, marketing and selling their products at two markets, using the YES program. Students will start to develop the skills and knowledge required to run a successful small business. Students will also learn how to prepare accounting records, learning accounting terms, using Xero, an online accounting software program, covering AS 91175. The first two standards lead to similar standards at Level 3. Alternative unit standards covering financial capabilities are offered to help students gain 14 credits if they do not pass either the Business Plan or Accounting Processing AS.
The 2BUSI course has 3 main AS or US; 90846, 90848 and 91175. The work for the first two AS are the development stage for similar standards at level 3. Students can select two out of four unit standards US28094, 28095, 28096 or 28097 if they do not pass 90848.
Option Overview
Term 1
Internal Assessment 1 - Market research
The students collaboratively determine a product that they are considering producing to sell. The group then carries out market research to determine if this is a good idea.
Internal Assessment 2 - Business Plan
Students collaboratively work on creating a business plan, which will enable them to produce the product.
Term 2
Internal Assessment 2 - Business Plan continues
Students having created their business plan, then proceed to produce and market their product.
After marketing their product the group reviewing and amending their business plan and sell at a second market.
Internal Assessment 3 - Communicate within a group
Internal Assessment 4 - Contribute within a group
Term 3
Internal Assessment 2 - Business Plan continues
Student complete an annual review of their product.
Internal Assessment 5 - Xero Accounting Software
Term 4
Internal Assessment 5 - Xero Accounting Software continues
Recommended Prior Learning
Level 1 Business or HOD approval
Pathway
A possible career pathway is business management, marketing or the management of your own business, self employed.
Assessment Information
Assessment in Business Studies includes a variety of presentation styles - predominately from written presentations, using a variety of techniques (google docs, google slides) and recording accounting transactions using the accounting software Xero.The course only includes internal assessments.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Communicate in a team or group which has an objective
NZQA Info
Contribute within a team or group which has an objective
NZQA Info
Business Studies 2.4 - Conduct market research for a new or existing product
NZQA Info
Business Studies 2.6 - Carry out, review and refine a business activity within a community context with guidance
NZQA Info
Accounting 2.2 - Demonstrate understanding of accounting processing using accounting software
Pathway Tags
Marketing Manager, Marketing Executive, Sales Manager, Banker, Market Researcher, Advertising, Sports Marketer, Events Manager, Teacher, Small Business Manager, Financial Analyst, Product Manager, Product Development, Human Resources Advisor, Recruitment Manager, Entrepreneur (in your own business), Journalist, Investment Banking, Retail Buying, Retail Management, Public Relations Officer, Bank Management, Distribution & Logistics Management, Insurance Underwriter, International Market Developer, Property Manager, Property Valuer, Property Developer, Insurance Underwrit,
Disclaimer
NCEA Levels 1, 2 & 3 courses will be made up of a selection of the stated standards. This will happen at the beginning of the year with the assigned teacher.