L1 Business Studies

L1BUS
Course Description

Teacher in Charge: Mrs 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.


Pathway

L2 Accounting, L2 Business Studies

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.

Contributions and Equipment/Stationery

Capital Investment for Start-up costs


Recommended Prior Learning

Completion of Year 10 Business Studies would be an advantage but is not compulsory.


Credit Information

This course is eligible for subject endorsement.

Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
A.S. 90840 v3 Business Studies 1.4 - Apply the marketing mix to a new or existing product
1
I
3
Y
A.S. 90842 v2 Business Studies 1.6 - Carry out and review a product-based business activity within a classroom context with direction
1
I
6
Y
A.S. 90983 v3 Economics 1.1 - Demonstrate understanding of consumer choices, using scarcity and/or demand
1
E
4
Y
A.S. 90985 v3 Economics 1.3 - Demonstrate understanding of producer choices using supply
1
E
3
Y
Total Credits

Total Credits Available: 16 credits.
Externally Assessed Credits: 7 credits.
Internally Assessed Credits: 9 credits.

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