L1 Business Studies (L1BUS)
Course Description
Teacher in Charge: Mrs H. Toft.
The Level 1 Business Studies course provides an experiential program where students learn about marketing and have the opportunity to set up and run their own business. Each company creates their own product and brings this to a market day. Students will learn about business planning, marketing and operations, and develop a range of personal and business skills. Students will also gain an understanding of the basic economic principles of demand and supply.
Recommended Prior Learning
Completion of Year 10 Business Studies would be an advantage but is not compulsory.
Contributions and Equipment/Stationery
Capital Investment for Start-up costs
Pathway
Business Studies can lead you on to accountancy; advertising; banking, investment and financial services; general management; human resources; management consultancy; retail management; sales and marketing.
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for subject endorsement.
External
NZQA Info
Business Studies 1.4 - Apply the marketing mix to a new or existing product
NZQA Info
Business Studies 1.6 - Carry out and review a product-based business activity within a classroom context with direction
NZQA Info
Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
NZQA Info
Economics 1.3 - Demonstrate understanding of producer choices using supply
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,
Disclaimer
The Standards offered are correct at time of writing
Course content may change by the start of the year