business studies bs1000ca course and assessment guide ncea level 1

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1 ngā akoranga umanga business studies bs1000ca course and assessment guide ncea level

2 business studies (bs1000ca) teacher contact details When you first make contact with your teacher, please fill out their details below, for future reference. Name: Telephone: Ext: Alternative telephone number: address: Private Bag 39992, Wellington Mail Centre, Lower Hutt 5045 Please keep your Business Studies (BS1000CA) Course and assessment guide in a safe place so that you can use it to plan your study and to record your assessment results. For further information about courses at this level, please refer to Student Guide to Years and the Student Guide to National Certificates. Cover image: desk tools istockphoto Copyright 2011 Board of Trustees of Te Aho o Te Kura Pounamu, Private Bag 39992, Wellington Mail Centre, Lower Hutt 5045, New Zealand. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without the written permission of Te Aho o Te Kura Pounamu. te aho o te kura pounamu

3 contents 1 Welcome to BS Getting started information 3 BS1000 course outline 4 Additional course materials 5 Assessment summary 6 Assessment information 7 Glossary 8 Suggested course plan 9 My Business Studies assessment record (BS1000) te aho o te kura pounamu BS1000CA 1

4 1 welcome to bs1000 Welcome to the Level 1 Business Studies (BS1000) course offered by Te Aho o Te Kura Pounamu. aims of bs1000 Studying business enables students to appreciate the issues that challenge businesses and stakeholders. In a rapidly changing world, it is important that citizens are able to make informed and rational decisions about business matters. Business contributes to the development of an enterprising culture in New Zealand and supports our efforts to improve economic and community well-being. Studying business creates opportunities for students to: understand the integral role of business in society and the economy explore enterprise culture gain knowledge and understanding of good business practice and of business as a productive activity acquire greater financial capability. This course offers 25 credits towards the Level 1 National Certificate in Educational Achievement (NCEA) and five credits towards the Level 2 National Certificate in Educational Achievement (NCEA) and is covered in 10 booklets. There are three internal standards worth 13 credits and three external standards worth 12 credits. Te Kura offers a practice exam at the end of term three for the three external standards, which provides you with valuable practice for your external exams in November. 2 BS1000CA te aho o te kura pounamu

5 2 getting started information how this course is delivered BS1000 is a print-based course, with course material and supplementary material accessed from the online teaching and learning environment (OTLE). Dual enrolled students are expected to access material from OTLE. Other enrolled students may request printed materials to be posted, accepting there will be a delay between enrolment and receiving the first posting. You will receive an explaining how to log in to OTLE. This includes a link to set your password if you have not logged into OTLE before. You can access OTLE by clicking on It is recommended that you bookmark this site in your browser. This will take you to a page with links to your courses. Your username and initial password is your Te Kura student ID number. You will be asked to set a new password when you first log in. After that, if you need to reset your password you can click on the Forgot password link on the OTLE login page. If you have difficulties logging in, please helpdesk.otle@tekura.school.nz organising your study Plan a regular time to study. Some people learn best from frequent short sessions while others do better with fewer, longer sessions. It is important to have a plan or a timetable and to keep to it. There is a suggested planner in the back of this guide for you to plan your programme of study. You may wish to consult with your subject teacher to help you decide on your plan. Getting your study underway is very important. Your first return of work should be two to three weeks after you first received your initial work. If you have any issues returning your work within this time please contact your subject teacher. For more information on how to study successfully, refer to the Student Guide to Years ( te kura codes Your course code is: BS1000. BS is the code for Business Studies and 1 refers to level 1. BS1008 refers to a booklet that covers a particular learning topic in the BS1000 course. BS1008Y1 refers to the first assessment for an Achievement Standard (AS90840) for BS1000. AS is the code for Achievement Standard and US is the code for Unit Standard. resources you need: Te Kura booklets paper ruler pen, pencils a calculator. It may also be useful to have a computer with access to the internet. te aho o te kura pounamu BS1000CA 3

6 getting started information self-assessment Many assessment activities are self-marked. You ll find an Answer guide towards the back of each booklet. Use these answers to mark your own work and make corrections where necessary. Self-marking is very important as it gives you instant feedback on how well you understand the ideas, concepts or information that have been covered. assessment Students are required to send in their self-marked activities as well as their internal or practice external assessments. Teachers send it back to them with feedback and feed forward. Internal assessments for this course are open book assignments and include: investigating aspects of human resource processes in a business (BS1005Y1 AS90841, Business Studies 1.5) applying the marketing mix to a new or existing product (BS1008Y1 AS90840, Business Studies 1.4) demonstrating knowledge of enterprising behaviour, innovation and entrepreneurship in business contexts (BS1009T1 US22847) demonstrating and applying knowledge of office equipment and administration processes (BS2009Y1 US121). The standards related to these assessments are detailed in Chapter 5 of this guide. You can be assessed for each standard at any time you and your teacher consider you are ready, although each assessment task has conditions you must follow. The detailed criteria for Achievement and Unit Standards will be given in the relevant booklets. They can also be found by searching the subject and level in the NCEA part of the NZQA website ( and then finding the relevant standard(s). If there are two assessment opportunities, one is called Y1 for an Achievement Standard and the other is called Y2. For example, BS1008Y1 is one achievement standard assessment for AS90840 and there is no further assessment opportunity. However, BS1009T1 is one Unit Standard assessment for US22847 and there are no further assessment opportunities. assessment preparation includes: practice external assessments Te Kura practice examinations. 4 BS1000CA te aho o te kura pounamu

7 getting started information time commitment There are 10 booklets in this course. Each contains a note on the front cover indicating how many hours the topic is likely to take. For example, Booklet BS1001 may take 10 hours of work to complete at the normal pace, representing about two weeks of work. Before deciding on the pace of learning, read through this Course and assessment guide and ask yourself the following: How much time can I set aside for study each week? Will I be able to keep a steady pace of five hours of study each week? What do I want to do next year? How many credits will I need to do this? Will I be doing externally and internally assessed standards? Will I be prepared to sit the external examination in November? Will I need specific external or internal credits as a prerequisite for next year s study or work? normal pace of learning A normal pace of learning is similar to what a student does at school. As a guide, expect to do at least five hours work per week. This means completing three to four booklets each term so that you complete the course before the November external examinations and the end of the school year. flexible pace of learning If you have less than a year because you start later or need to finish earlier, you can decide the pace at which you work. You could still complete the whole course by devoting more time and effort to it. Your teacher can ensure that you receive the resources you need in time to do this. choosing topics and standards You may wish to do only some topics. For example, you may only want to do internal standards in this course. You should discuss this with your learning advisor and teacher. You should consider how well this will meet your learning goals and whether it will meet the specific course entry requirements for tertiary institutions or any future study and whether you will be able to gain enough credits to achieve your NCEA. To be awarded NCEA Level 1, you will need to gain a minimum of 80 credits at Level 1 (or above) including the 10 credits for literacy and the 10 credits for numeracy. A list of achievement standards from levels 1, 2 and 3 that count towards Level 1 literacy and numeracy can be accessed from: cover sheets The back cover of each booklet becomes the cover sheet for your work. Fill it in, sign it and attach it to the front of your work before sending it back to Te Kura. Your supervisor also signs this sheet as part of our authenticity requirements. All students are encouraged to submit as much as possible of their work online via the OTLE Dropbox. When work requires authentication, students will follow the instructions provided in OTLE. te aho o te kura pounamu BS1000CA 5

8 queries about your work It is important to contact your teacher if you have any queries about your work. It helps to have your ID number, booklet code (for example, BS1001) and the activity or question number when you contact your teacher, but it is not essential. assessment tasks The self-assessment tasks are contained in the booklets, along with the Answer guide for you to check and amend your own answers as part of the learning process. The teacher-marked work is also in the booklet and your teacher will mark this and return the booklet with feedback and guidance to assist in your studies. Your internal assessment tasks will be sent to you when you have completed and submitted the work for that standard and have received feedback. completing your business studies work Answer all activities in each booklet that you study. At the end of each lesson, mark your practice work ( /x) from the Answer guide. Add any corrections/amendments in a different colour. This is an important step to help reinforce your understanding. Once all your work is complete and you have signed the cover sheet, your work is ready to post into the school. Send each booklet as it is completed do not wait until you have completed several booklets before sending in each one. If you intend to complete the course in one year you should aim to send in a booklet every two to three weeks. 6 BS1000CA te aho o te kura pounamu

9 3 bs1000 course outline Course Item/ Booklet BS1000CA BS1001 BS1009 BS1002 BS1003 Title Course and assessment guide Business success Enterprising behaviour Business finance factors Learning Outcomes (if applicable) To explain business success and entrepreneurship, objectives and different types of business. To describe innovation, entrepreneurship and enterprising behaviours. To explain sources of finance for business and to use financial records. To explain price and non-price competition and global connections for business. BS1008 Marketing To explain the marketing mix and apply it to a small business. BS1004 BS1005 BS1006 BS1007 BS2009 influences Business employment Problems and business Solving problems Office equipment and administrative processes To explain legal and environmental influences on business. To explain human resource processes for business. To explain how operational problems and their causes in a business are identified. To explain how operational problems in a business are dealt with. To understand and apply knowledge of office equipment and administrative processes in the workplace Standard AS90837 US22847 AS90837 AS90838 AS90840 AS90838 AS90841 AS90839 AS90839 US121 Further Assessment Opportunity No No No No te aho o te kura pounamu BS1000CA 7

10 4 additional course materials online resources Resources Description Website OTLE NZQA website Te Kete Ipurangi website Online learning site for Level 1 Business Studies at Te Kura Information about the standards, conditions of assessment, past exams and assessment schedules. Includes exemplars of student work. Exemplars of internal assessments, with examples of suggested answers. subjects/business-studies/ levels/ 8 BS1000CA te aho o te kura pounamu

11 5 assessment summary credits offered: 25 ncea level 1 business studies (bs1000) Standard Number Standard Title Study Material (code) AS90837 Business Studies 1.1 Demonstrate an understanding of internal features of a small business BS1001 Business success 4 credits US22847 Internal 2 credits AS90838 Business Studies credits AS90839 Business Studies credits US121 Internal 5 credits AS90840 Business Studies 1.4 Internal 3 credits AS Business Studies 1.5 Internal 3 credits Demonstrate knowledge of enterprising behaviour, innovation, and entrepreneurship in business contexts Demonstrate an understanding of external factors influencing a small business Apply business knowledge to an operational problem(s) in a given small business context Demonstrate and apply knowledge of office equipment and administration processes Apply the marketing mix to a new or existing product Investigate aspects of human resource processes in a business BS1002 Business finance BS1009 Enterprising behaviour BS1003 factors BS1004 influences BS1006 Problems and business BS1007 Solving problems BS2009 Office equipment and administrative processes BS1008 Marketing BS1005 Business employment te aho o te kura pounamu BS1000CA 9

12 6 assessment information standards The National Qualifications Framework has two types of national standards: Achievement and Unit Standards. Credits from both Achievement Standards and Unit Standards count towards NCEA. Please refer to our Student Guide to National Certificates or Te Kura ( and NZQA websites ( for more information about National Certificates of Educational Achievement and assessment. internal assessment Some Achievement Standards and Unit Standards are internally assessed. This means that the teachers set and mark your assessments at the school. external assessment assessment means that someone outside the school marks students work. This may be through NZQA examinations at the end of year or by submitting a portfolio or project for subjects such as Graphics, Technology and Art. You will be able to complete practice assessments and Te Kura examinations for external standards. te kura practice examinations Students should complete the Te Kura practice examinations for any external standards with an end of year examination they have entered. It is important that students complete all practice external assessments and examinations. If for some reason, such as illness, you are unable to sit the examinations at the end of the year you will only be eligible for consideration for a derived grade (compassionate consideration) if you have completed the practice examinations. further assessment opportunities for internal assessments For some standards, you will be able to complete a second assessment called a further assessment opportunity to improve your results. These standards are indicated in the course outline. You should take this opportunity where it is available. resubmissions If you have made a small mistake in your assessment, your teacher may offer you a resubmission. This means you have made an error that you are capable of discovering and correcting by yourself. A resubmission allows you to improve your result. authenticity Authenticity means students complete and submit work that is their own. When you submit work to Te Kura you sign an authentication declaration that the work you are submitting is your own work and was done under the required assessment conditions. Your supervisor signs this declaration to confirm this (where applicable). When submitting work online via the OTLE Dropbox, if it requires authentication, students must follow the instructions provided in OTLE. 10 BS1000CA te aho o te kura pounamu

13 assessment information derived grades (compassionate consideration) If for any unexpected reason you are not able to sit your end of year examination or to submit final work towards an external standard (portfolios or projects), you may be eligible for a derived grade. Please refer to the Student Guide to National Certificates and contact your learning advisor as soon as possible to find out more should you feel this is necessary. appeals You have the right to query an assessment result if you want further clarification or disagree with the result. If you are still not satisfied, you may appeal. Refer to the Student Guide to National Certificates for more information. You can also appeal any other decisions, procedures or policies about assessments. Contact your teacher or learning advisor if you wish to appeal. More information and a form that students can use to appeal is available on the Te Kura website in the Student toolkit area ( and go to Student toolkit). te aho o te kura pounamu BS1000CA 11

14 7 glossary assessment terms The following are some of the terms you may meet in internal or external assessment tasks. To make sure you know exactly what you re being asked in a question, you need to read the question carefully, underline the key words and understand what the instructions mean. analyse calculate classify compare contrast define demonstrate describe distinguish between evaluate examine explain fully explain give or state identify illustrate justify outline provide describe in detail the important features, including links and relationships. Discuss and draw conclusions. compute or work out the answer using mathematics. You should show your working. sort by type, arrange by type identify similarities and differences between two or more things show the differences between two or more things give a precise statement of the meaning, make clear, quote the definition show, point out, explain by using examples define and explain the main features or characteristics in detail, give details about, demonstrate knowledge of. You can use diagrams, flow charts, graphs, etc. requires valid explanations of both the definitions or concepts, and of similarities and/or differences assess the value of, judge or weigh up. An evaluation can include a discussion of the positive and negative consequences and the opportunity cost. It can also analyse the process (for example, the investigation) itself. analyse identify a key idea and say why or how, give reasons for, predict could include interpretation and/or comparison explain in depth and/or breadth. This usually requires a threepoint answer: IEQ: Identify the key concept, Explain the idea, relate back to the Question (the context). provide short and specific answers establish the main points or concepts, recognise and name give an example, show the meaning, make a drawing or chart to go along with an explanation give the reason for, back up, prove. Demonstrate why a statement is correct, show why this is the case. list the major points, with some detail(s) or fact(s) about each one give the essential points, supply the argument or the evidence 12 BS1000CA te aho o te kura pounamu

15 glossary recognise show identify, acknowledge the significance of something illustrate te aho o te kura pounamu BS1000CA 13

16 8 suggested course plan Here is a suggested one-year plan. The suggestions are based on the assumption that you are going to be enrolled for a full-year course at the beginning of the school year, study all the content offered and attempt all the standards offered. However, you may enrol with Te Kura part way through the year and continue your studies the following year. You may choose to select only some of the topics and standards depending on your circumstances. Feel free to discuss your individual programme with your subject teacher, who will be willing to adjust the programme to suit your needs. Term Suggested Plan Time (approximate) 1 Read BS1000CA, complete your own course planner and consult your teacher. BS1001 BS1009 BS1009T1 internal assessment BS weeks 2 weeks 1 week 2 3 weeks 2 BS1003 BS1008 BS1008Y1 internal assessment BS BS1006 BS1007 Revision and Practice Exam BS1005 BS1005Y1 internal assessment 4 BS2009 BS2009T1 internal assessment Complete all unfinished booklets and send in any resubmissions. Revision for s. Access NZQA website for past papers. 2 3 weeks 2 3 weeks 1 week 2 3 weeks 2 3 weeks 2 3 weeks 2 weeks 2 weeks 1 week 2 3 weeks 1 week 2 3 weeks 14 BS1000CA te aho o te kura pounamu

17 10 my business studies assessment record (bs1000) Standard number Standard title Exam/ Assessment due date Grade awarded Credits achieved AS90837 Business Studies 1.1 Demonstrate an understanding of internal features of a small business November exam* 4 credits AS90838 Business Studies credits Demonstrate an understanding of the external factors influencing a small business November exam* AS90839 Business Studies credits Apply business knowledge to an operational problem(s) in a given small business context November exam* AS90840 Business Studies 1.4 Apply the marketing mix to a new or existing product End of Term 2 Internal 3 credits AS90841 Business Studies 1.5 Investigate aspects of human resource processes in a business Early term 4 Internal 3 credits US22847 Internal 2 credits Demonstrate knowledge of enterprising behaviour, innovation, and entrepreneurship in business contexts End of Term 1 US121 Internal 5 credits Demonstrate and apply knowledge of office equipment and administration processes Term 4 or earlier * NZQA examination results are available in January. te aho o te kura pounamu BS1000CA 15

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