L1COM

Commerce Level 1

Course Description

Teacher in Charge: Miss S. Charteris.

Level 1 Commerce - L1COM

Get into groups, come up with a  idea, sell it, make some money (and earn some credits).

At level 1, Commerce students have the opportunity to gain an understanding of an organisation’s financial decision-making and price determination.  Term One will focus on an introduction to Commerce and the structure of different organisations.  During Terms Two and Three, students will set up and prepare to run a Market Day, working in groups to produce a product or service to sell.  During Term Three, students will prepare for an external exam related to how an event affects interdependent financial relationships.  This course requires resilience and teamwork as well as the ability to problem solve and communicate effectively with people in the school and business community.

Aims

The aims of a Business Studies programme are:

- to understand the place of business as an integral part of the local and global society and economy;

- to promote knowledge and an understanding of business as a productive activity;

- to foster an experiential, as well as a theoretical approach to learning using arrange of business contexts;

- to explore and promote an enterprise culture;

- to develop financial literacy and enterprise skills.

To achieve these aims, students will:

- understand and appreciate the factors and organisations that influence business objectives, decisions and activities;

- develop knowledge and understanding of how business is organised, financed and operated;

- develop initiative and the skills of problem solving and decision-making;

- select relevant sources of information and apply appropriate techniques to present and interpret data effectively.


For further information see:  Miss Charteris

Note:  The proposed course material is subject to change based on the needs of the students and time restraints.


Pathway

Commerce is a practical subject that will prepare all students for life in the world of employment, business ownership or just an understanding of managing personal finances. Having Commerce alongside any other subject area is valuable for all future career pathways.

Career Pathways

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.

This course is approved for University Entrance.

Total Credits Available: 15
Internal Assessed Credits: 10
External Assessed Credits: 5
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info

Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info

Commerce 1.2 - Demonstrate understanding of price determination for an organisation


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info

Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event


Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 5
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5