This course requires 2 options.
BUSINESS STUDIES 31F - Full Year
Teacher in Charge: Mrs A. Gallop
The aim of this course is to develop the knowledge and skills to run a small business. Students will work in groups to run their own small business throughout the year and compete in the Young Enterprise Scheme, a nationwide competition.
In this course students will
1. form small groups and set up their own business
2. come up with an idea for a product/service that is innovative and sustainable
3. conduct market research to find out if their product will sell
4. use their own money to buy all the raw materials needed to make a product
5. sell a product to the market and keep any profit
The external achievement standard explores and finds solutions to complex problems that threaten a business.
As well as gained credits towards NCEA Level 3, successful students can also gain the Young Enterprise course completion certificate.
If a student achieves 14 Level 3 credits in this course it will be counted as an approved subject for University Entrance.
This is a good background to pursue tertiary study in Business/Marketing and the knowledge to set up and run a small business successfully.
Contributions and Equipment/Stationery
$35.00 registration fee for the Young Enterprise and a possible investment into your business. If your business turns a profit at the end of the year, the money is split between the business shareholders.
Recommended Prior Learning
A background in Accounting and/or Economics is good preparation for this course. Maturity and the ability to be a part of a team are essential.
This course is eligible for subject endorsement.
This course is approved for University Entrance.
Total Credits Available: 19 credits.
Externally Assessed Credits: 4 credits.
Internally Assessed Credits: 15 credits.
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.