Business provides opportunities for students
to develop business knowledge and skills to
contribute meaningfully to society, the
workforce and the marketplace and prepares
them as potential employees, employers,
leaders, managers and entrepreneurs.
Students investigate the business life cycle,
develop skills in examining business data
and information and learn business
concepts, theories, processes and strategies
relevant to leadership, management and
entrepreneurship. They investigate the
influence of, and implications for, strategic
development in the functional areas of
finance, human resources, marketing and
operations.
Students use a variety of technological,
communication and analytical tools to
comprehend, analyse, interpret and
synthesise business data and information.
They engage with the dynamic business
world (in both national and global contexts),
the changing workforce and emerging digital
technologies.
Pathways
| Objectives
|
A course of study in Business can establish
a basis for further education and
employment in the fields of business
management, business development,
entrepreneurship, business analytics,
economics, business law, accounting and
finance, international business, marketing,
human resources management and
business information systems.
| By the conclusion of the course of study, students will:
- describe business environments and
situations
- explain business concepts, strategies and
processes
- select and analyse business data and
information
- interpret business relationships, patterns
and trends to draw conclusions
- evaluate business practices and
strategies to make decisions and propose
recommendations
- create responses that communicate
meaning to suit the purpose and audience.
|
Structure
Unit 1
| Unit 2
| Unit 3
| Unit 4
|
Business creation
- Fundamentals of
business
- Creation of
business ideas
| Business growth
- Establishment of
a business
- Entering markets
| Business diversification
- Competitive
markets
- Strategic
development
| Business evolution
- Repositioning a
business
- Transformation of
a business
|
Assessment
Schools devise assessments in Units 1 and 2 to suit their local context.
In Units 3 and 4 students complete four summative assessments. The results from each of the
assessments are added together to provide a subject score out of 100. Students will also receive
an overall subject result (A–E).
Summative assessments
Unit 3
| Unit 4
|
Summative internal assessment 1 (IA1):
• Examination — combination
response
| 25%
| Summative internal assessment 3 (IA3):
• Extended response — feasibility
report
| 25%
|
Summative internal assessment 2 (IA2):
• Investigation — business report
| 25%
| Summative external assessment (EA):
• Examination — combination
response
| 25%
|
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