Business Studies by PNBHS

Commerce

Accounting; AgriBusiness; Business Studies; Economics

Year 10 Commerce - 10COM

This is a Year 10 course designed to give students an insight into being a producer. Students will study Entrepreneurship, Supply, Business Accounting and have the opportunity to put their learning into action when they set up and run a stall on our Trade Fair Day.

There is also a focus on financial literacy and careers as the students head towards Year 11.

Level One Accounting - 11ACC

Why do Accounting?

A school background in Accounting is useful for any person wishing to enter the world of commerce in such areas as financial literacy, business management, risk management, venture capitalists, banking, tourism, marketing, insurance, information technology, resource management, finance, consultancy, advisory and self-employment. So where does Accounting lead? Accounting is a core subject for almost every commerce degree in Australasia and is viewed as advantageous for all university graduates - despite specialisation. If you wish to be successful - be it in science, medicine, law or commerce, eventually you will be responsible for the management of money by way of budgets and strategic decision-making. Accounting prepares you to handle these funds in a responsible and accurate manner.

Level One Accounting covers: Financial decision-making (for an individual/ household finances), managing business accounts, analysing and interpreting financial statements, preparing financial statements, general financial literacy in a business context. Level One Accounting is a 10 credit course offering 2 Achievement Standards (1 Internal and 1 External)

90977 Process financial transactions for a small entity - 5 Credits (Internal)

90978 Prepare financial statements for sole proprietors - 5 Credits (External)

*There are no pre-requisites for this course

Level One Agri Business - 11AGB

AgriBusiness is a major employer in NZ covering topics from agricultural sciences, economics, business, and statistics in preparation for a career in agribusiness, farming, natural resources, government, and related areas. The Year 11 course would cover a range of topics from:

Pasture & Crop Management

Livestock Management Practices

Environmental Impacts

Cash Management

External Influences

Financial Decisions.

Alongside these units there would also be practical elements and field trips etc to see their learning in action.

This course builds on the AgHort course from year 10 and sets students up to continue studying AgriBusiness in Years 12 & 13. This course would be the fist step in preparing students to take an AgriBusiness degree upon finishing school

External Achievement Standard:

90921 – Demonstrate knowledge of livestock management practices (4 credits)

Internal Achievement Standard:

90981 – Make a financial decision for a group or individual (3 credits)

*There are no Pre-requisites for this course

Level One Business Studies - 11BUS

The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by the cultural, ethical, environmental, political, and economic conditions of the day. Issues such as sustainability, citizenship, enterprise, and are central to both business and the study of business. The knowledge and skills gained in business studies, and exposure to enterprise culture, can help shape creative, energetic, and enterprising young people who will contribute to New Zealand's economic future.

In Business Studies, students develop their understanding of business theory and practices in a range of relevant contexts, through experiential as well as theoretical approaches to learning. Level 1 Business Studies is a 7-credit course offering two Achievement Standards (One internally assessed and one externally assessed)

External Achievement Standard

90837 Demonstrate an understanding of internal features of a small business (4 credits)

Internal Achievement Standard

90842 Carry out and review a product-based business activity within a classroom context with direction(6 Credits)

*There are no Pre-requisites for this course

Level One Economics - 11ECO

Economics examines the choices people make about the use of limited resources to satisfy unlimited wants. Economics helps to explain and predict how goods and services will be produced and consumed. It will tell you who gets what, how, and why.

Why study economics?

If you study economics you will think differently to others. Economics students explore decisions that directly affect their lives, such as; whether to do homework or go to a movie, extract mineral resources today or save them for the future, charge the full price or subsidize education to make it more accessible.

By studying economics, students will consider how New Zealanders are affected by the economic decision-making of individuals, communities, businesses, and government agencies in New Zealand and overseas.

In Year 11 Students will study: The Circular Flow and Interdependence of Sectors in New Zealand. The interaction of Supply & Demand and Market Equilibrium, The Role of the government in ensuring equitable outcomes in society, The role of producers and the influences on their production and productivity by visiting local business (McDonalds, Mitre 10, New World)

Level 1 Economics is a 10 credit course offering the following Achievement Standards.

90984 Demonstrate understanding of decisions a producer makes about production (5 credits) Internal

90986 Demonstrate understanding of how consumer, producer and/or government choices affect society, using market equilibrium (5 credits) External

*There are no pre-requisites for this course

Level Two Accounting - 12ACC

Financial literacy and making informed financial decisions, is important no matter what your chosen career path is. If you wish to be successful - be it in science, medicine, law or commerce, eventually you will be responsible for the management of money by way of budgets and strategic decision-making. Accounting prepares you to handle these funds in a responsible and accurate manner. In level two Accounting, you will be exposed to operating accounting software for a business (Xero). Most small businesses are now doing their accounts themselves now that accounting software is so readily available so a basic understanding of how this works is going to be advantageous.

Level Two covers: Using XERO for business accounts, managing both the Accounts Receivable and Inventory aspects of a business, preparing financial statements, and analysing and interpreting those financial statements and how we can make our business succeed in the changing global economy. Level 2 is a 19 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91175 Demonstrate understanding of accounting processing using accounting software - 4 Credits (Internal)

91179 Demonstrate understanding of an accounts receivable subsystem for an entity - 3 Credits (Internal)

91386 Demonstrate understanding of an inventory subsystem for an entity - 3 Credits (Internal)

91176 Prepare financial information for an entity that operates accounting subsystems - 5 Credits (External)

91177 Interpret accounting information for entities that operate accounting subsystems - 4 Credits (External)

Level Two Prerequisites: Achievement in both Achievement Standards covered in Level 1 Accounting. Direct entry is possible at this level after consultation with the HOD.

Level Two Agri Business - 12AGB

Level 2 Agri Business is aimed at students wishing to study AgCommerce at University or are considering a career as a Farm Manager or Farm Consultant. It focuses on farming as a business considering both the Internal and External impacts on the Business as well as considering the need to add value to their products, manage their cash flow and make sound investment decisions. Students will consider all aspects of the 'business' of farming and how to mazimise the profitability and efficiency of the farm.

The course will be a 20 credit Achievement Standard course and will comprise 2 Externals and 3 Internals:

90844 - Demonstrate understanding of how a large business responds to external factors, 4 credits – External

91530 - Demonstrate understanding of how market forces affect supply of and demand for New Zealand primary products, 5 credits - External

91867 - Demonstrate understanding of a primary industry business structure that best meets the strategic needs of a business, 3 credits - Internal

91868 - Demonstrate understanding of cash flow forecasting for a business, 4 credits - Internal

91481 - Demonstrate understanding of a contemporary accounting issue for decision-making, 4 credits - Internal

*Direct entry is possible at this level after consultation with the HOD

Level Two Business Studies - 12BUS

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 a culture of enterprise in New Zealand and supports our efforts to improve economic and community well-being. Business studies creates opportunities for students to:

understand the integral role of business in society and the economy

explore enterprise culture

develop the key competencies through the fostering of such qualities as initiative, resilience, and resourcefulness and the skills of problem solving, co-operation, decision making, negotiation, and communicating

gain knowledge and understanding of good business practice and of business as a productive activity

acquire greater financial capability.

In Business Studies, students develop their understanding of business theory and practices in a range of relevant contexts, through experiential as well as theoretical approaches to learning.

Level 2 Business Studies is an 19 credit course offering five Achievement Standards.

External Achievement Standards

90843 Demonstrate understanding of the internal operations of a large business (4 credits)

90845 Apply business knowledge to a critical problem(s) in a given large business context (4 credits)

Internal Achievement Standards

90847 Investigate the application of motivation theory in a business (3 credits)

91868 - Demonstrate understanding of cash flow forecasting for a business (4 credits)

91865 Demonstrate understanding of future proofing influences that affect business viability (4 credits)

Level Two Prerequisites: Achievement in both Achievement Standards covered in Level 1 Business Studies.

Direct entry is possible at this level after consultation with the HOD

Level Two Economics - 12ECO

Students studying Economics at Level 2 will; develop an understanding of the New Zealand economy and the policies that the Government uses to manage it, make sense of economic problems that they may be facing, now and in the future, make connections between New Zealand's economy and the global economy. Students will understand why New Zealand consumers may experience price increases for products, such as cheese and butter, if local producers are exporting goods such as dairy. Students will be challenged to find solutions to current macro-economic issues, such as unemployment, poverty, low economic growth, inflation, overuse of natural resources.

In Level 2 the students study the Macro-Economy and the global issues of Inflation, Growth and unemployment. Students will also analyse the government policies that can be used to control these economic measures.

Level 2 Economics is a 22 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91222Analyse inflation using economic concepts and models - 4 credits External

91224 Analyse economic growth using economic concepts and models - 4 credits External

91403 Demonstrate understanding of macro-economic influences on the New Zealand economy - 6 credits - External

91227 Analyse how government policies and contemporary economic issues interact - 6 credits Internal

91228 Analyse a contemporary economic issue of special interest using economic concepts and models - 4 credits Internal

Pre-Requisites: Achieved in both Achievement Standards covered in Level 1 Economics. Direct Entry is possible at this level after consultation with the HOD

Level Three Accounting - 13ACC

A school background in Accounting is useful for any person wishing to enter the world of commerce in such areas as financial literacy, business management, risk management, venture capitalists, banking, tourism, marketing, insurance, information technology, resource management, finance, consultancy, advisory and self-employment. So where does Accounting lead? Accounting is a core subject for almost every commerce degree in Australasia and is viewed as advantageous for all university graduates. If you wish to be successful - be it in science, medicine, law or commerce, eventually you will be responsible for the management of money by way of budgets and strategic decision-making. Accounting prepares you to handle these funds in a responsible and accurate manner. Level Three covers: Partnership and company reporting, costing a job, investment analysis of an NZX listed company on behalf of a client, and management decision-making.

Level 3 Accounting is a 22 credit course offering 5 Achievement Standards (3 Internal and 2 External)

91405 Demonstrate understanding of accounting for partnerships - 4 Credits (Internal)

91407 Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity - 5 Credits (Internal)

91409 Demonstrate an understanding of a job cost sub system for an entity - 4 Credits (Internal)

91406 Demonstrate understanding of company financial statement preparation - 5 Credits (External)

91408 Demonstrate understanding of management accounting to inform decision-making - 4 Credits (External)

Level Three Prerequisites: Achievement in Achievement Standard 2.3 Prepare financial information for an entity that operates accounting subsystems and Achievement in one further Achievement Standard Direct entry is possible at this level after consultation with the HOD.

Level Three Agri Business - 13AGB

Level 3 AgBusiness is aimed at students wishing to study AgCommerce at University or are considering a career as a Farm Manager or Farm Consultant. It focuses on farming as a business considering both the Internal and External impacts on the Business as well as considering the need to future proof, investigating how the farm adds value through innovation and Analysing financial options available to farms when considering capital expenditure.

Students will consider all aspects of the 'business' of farming and how to maximise the profitability and efficiency of the farm.

Course will be a 20 credit Achievement Standard course that will provide UE for students. it will comprise 2 Externals and 3 Internals:

Externals

91379 Demonstrate understanding of how internal factors interact within a business that operates in a global context - 4 credits

91380 Demonstrate understanding of strategic response to external factors by a business that operates in a global context - 4 credits

91869 Analyse future proofing strategies to ensure long term viability of a business 4 credits

91870 Analyse the effect of financing options of a strategic capital expenditure decision on a business - 4 credits

91871 Analyse how a product meets market needs through innovation in the value chain - 4 credits

Level Three Business Studies - 13BUS

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 a culture of enterprise in New Zealand and supports our efforts to improve economic and community well-being At Level 3 the course focuses on Multi-National Corporations with a focus on the issues of Quality, Innovation, Change Management & Intellectual Property. Level 3 Business Studies is a 20-credit course offering five Achievement Standards (Three internally assessed and two externally assessed)

External Achievement Standards

91379 Demonstrate understanding of how internal factors interact within a business that operates in a global context (4 credits)

91381 Apply business knowledge to address a complex problem(s) in a given global business context (4 credits)

Internal Achievement Standards

91382 Develop a marketing plan for a new or existing product (6 credits)

91870 Analyse the effect of financing options of a strategic capital expenditure decision on a business (4 credits)

91871 Analyse how a product meets market needs through innovation in the value chain (4 credits)

Level Three Prerequisites: Achievement in 3 Achievement Standards at Level 2 (must include at least 1 External).

Direct entry is possible at this level after consultation with the HOD.

Level Three Economics - 13ECO

Students studying Economics at Level 3 will; develop an understanding of the New Zealand economy and the policies that the Government uses to manage it, make sense of economic problems that they may be facing, now and in the future, make connections between New Zealand economy and the global economy.

Recognize the different perspectives and values individuals and groups bring to economic decision making

Students will compare and contrast economic decisions affecting New Zealand in contexts in which resources are scarce and research the viewpoints different groups bring to negotiations. For example, an employer and an employee may have different views on what a fair wage increase might be.

Students will use analytical tools to present justified recommendations about resource issues. For example, a student could use efficiency and/or equity arguments to justify a policy like a carbon tax as a means of reducing global warming, or giving property rights to Māori as a means of conserving the foreshore.

By studying economics, students will learn to value all cultures and the contributions they make to economies. For example, a student might study the impact of immigration on the economy and what skills different immigrants bring to New Zealand.

Level 3 Economics is an 18 credit course offering 4 Achievement Standards (2 Internal and 2 External)

91399 Demonstrate understanding of the efficiency of market equilibrium - 4 credits External

91400 Demonstrate understanding of the efficiency of different market structures using marginal analysis - 4 credits

91401 Demonstrate understanding of micro-economic concepts - 5 credits Internal

91402 Demonstrate understanding of government interventions to correct market failures - 5 credits Internal

Pre-Requisites: Achievement in 3 Achievement Standards at Level 2 (must include at least 1 External). Direct Entry is possible at this level after consultation with the HOD