Achievement standard 90844 - Business studies 2.2
Demonstrate understanding of how a large business responds to external factors.
This achievement standard relates to
learning objective 7-1.
Students will gain knowledge, skills, and experience to:
- explore how and why large businesses in New Zealand make operational decisions in response to internal and external factors.
Explanatory note 2
Contexts for learning
A typical learning context is a large business in New Zealand of more than 20 employees or with a regional or national significance that allows students to demonstrate their understanding of how and why businesses respond to external factors and the consequences of operational decisions.
Business knowledge, concepts, and content
Students are expected to demonstrate understanding of the following business knowledge, concepts, and content (in no particular order):
- supply chain/hoko
- trade unions and employer associations
- economic sustainability (societal expectations and business practices)
- political influences (changes to government policy)
- social influences (change in demographics)
- technological influences/hangarau
- enterprise culture/whakawhiti whakaaro in New Zealand
- ethical expectations and issues.
Related Māori concepts
Māori concepts that relate to this achievement standard include:
Explanatory notes 3, 4, and 5
Achievement grades at level 2
Last updated July 11, 2012