L2BUS

L2 Business

Subject Description

Teacher in Charge: Mei Ng.

Students will gain knowledge, skills, and experience to explore how and why medium large businesses in New Zealand make operational decisions in response to internal and external factors, conduct market research for a new or existing product, demonstrate understanding and application of motivation theories, demonstrate understanding of cash flow forecasting for a business and explore critical issues that businesses face and find innovative ways to solve them. 

Pre-requisites: 12 credits in L1BUS or 12 credits L1 English or 12 credits in L1 Social Sciences, or with LOLA approval 

Approximate Credits: 20 

Materials Fee: Nil

Optional: Wellington Trip Approximate cost $400

Subject Overview

Term 1
Motivation Theories and practice
90847 Students will be learning to:
• collect in-depth evidence about the motivation practice(s) in a business from a range of sources
• fully explain the results of the investigation supported by relevant examples
• justify the link between the motivation theory and the motivation practice
• integrate a Māori business concept(s) where relevant to the motivation theory to fully support explanations

Market Research - introduction and conduct research

Term 2
Market Research and market day
90846 Students will be learning to:
• provide an explanation of:
- primary and secondary research
- using tools such as survey, focus group,etc to research
• process data into graphs, tables or reports relevant to the research.
• Write a report on the research


Cashflow Forecast
91868 Students will be learning to: - prepare cashflow statements
- Understand the importance of cashflow
- Explain how external factors impact businesses’ cashflows.

Term 3
90845 Students will be learning to:
• providing an explanation of critical problems such as changes in market, production disruption, internal control issues, etc faced by businesses.
• identifying, explaining, evaluating options to solve those critical problems
90844 Students will be learning to:
• providing explanation of how the effects of external factors on business in terms of
- formation,
- functions,
- people,
- management and
- environment.
• How business respond to these factors and
• Make decisions to mitigate those factors

Term 4
prepare for exams

Recommended Prior Learning

7 credits in L1BUS or 7 credits in L1ENG or 7 credits in L1 Soc Studies or with HOD approval.

Pathway

entrepreneur, manager, inventor, analyst, investment banker, economist, managing director

Assessment Information

All business studies exams are conducted digitally.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 18
Internal Assessed Credits: 10
External Assessed Credits: 8
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 90844 v3
NZQA Info

Business Studies 2.2 - Demonstrate understanding of how a large business responds to external factors

Digital exam


Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90845 v2
NZQA Info

Business Studies 2.3 - Apply business knowledge to a critical problem(s) in a given large business context


Further assessment opportunities will not be offered for this standard in line with NZQA guidelines

Level: 2
Internal or External: External
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90846 v2
NZQA Info

Business Studies 2.4 - Conduct market research for a new or existing product


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 90847 v2
NZQA Info

Business Studies 2.5 - Investigate the application of motivation theory in a business


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 91868 v1
NZQA Info

Agribusiness 2.10 - Demonstrate understanding of cash flow forecasting for a business


Level: 2
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 18
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0