Year 11 Commerce/Tauhokohoko
Business and Economics, Accounting and Economics
11 BAE — BUSINESS & ECONOMICS
INTRODUCTION
This course focuses on starting up and running a business, including conducting business activities, making sound decisions, and analysing your business. Additionally, we will study other businesses and draw conclusions from our observations.
CONTENT
Throughout the year, we will cover various areas to equip you with the skills needed to run a successful business and understand its essential components. These areas include:
Financial Decisions: We will explore how businesses make financial decisions, the tools they employ for decision-making, and the resulting impact on the business.
Pricing Strategies: Understand how businesses determine pricing and how market prices are established, along with their effects on stakeholders and the business itself.
Business Purpose and Survival: Discover the reasons behind a business's existence and learn the tools to ensure its financial survival. Furthermore, we'll explore business goals that go beyond mere economic objectives, such as environmental and social goals.
FUTURE PATHWAYS
12 Accounting, 12 Agribusiness, 12 Business,
12 Economics
ACHIEVEMENT STANDARDS
Not all standards will necessarily be assessed.
External 92030 v2 - Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event (5 credits).
External 92031 v2 - Commerce 1.4 - Demonstrate understanding of how an organisation's financial viability is affected by an event (5 credits).
Internal 92028 v2 - Commerce 1.1 - Demonstrate understanding of an organisation’s financial decision making (5 credits)
Internal 92029 v2 - Commerce 1.2 - Demonstrate understanding of price determination for an organisation (5 credits).
Students may choose either 11 Business and Economics OR 11 Accounting and Economics – not both.
11ACE – ACCOUNTING AND ECONOMICS
INTRODUCTION
This course looks at the decision-making processes and financial viability of local businesses and sporting organisations by studying real-world examples. We will learn key commerce ideas, concepts and skills, applying these to the ever-changing economic world around us.
CONTENT
Throughout the year we will cover various areas such as:
Exploring how producers choose to price their products to maximise sales and profit, along with how this impacts consumers and other stakeholders
The actions organisations can take to sustain their operations in the future.
Examining the links between businesses, their consumers and outside parties
Utilising relevant financial tools to support an organisation’s decision-making processes
On completion of this course, students will be equipped with financial and non-financial skills and knowledge to evaluate and make a change in the world around them.
FUTURE PATHWAYS
12 Accounting, 12 Agribusiness, 12 Business, 12 Economics
ACHIEVEMENT STANDARDS
Not all standards will necessarily be assessed.
External 92030 v2 - Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event (5 credits).
External 92031 v2 - Commerce 1.4 - Demonstrate understanding of how an organisation's financial viability is affected by an event (5 credits).
Internal 92028 v2 - Commerce 1.1 - Demonstrate understanding of an organisation’s financial decision making (5 credits).
Internal 92029 v2 - Commerce 1.2 - Demonstrate understanding of price determination for an organisation (5 credits).
Students may choose either 11 Accounting and Economics OR 11 Business and Economics – not both.