Achievement standard 91380 - Business studies 3.2
Demonstrate understanding of strategic response to external factors by a business that operates in a global context.
This achievement standard relates to
learning objective 8-1.
Students will gain knowledge, skills and experience to:
- analyse how and why New Zealand businesses operating in global markets make operational and strategic decisions in response to interacting internal and external factors.
Explanatory note 2
Contexts for learning
A typical learning context is a New Zealand registered business operating in a global context that allows students to demonstrate their understanding of strategic response to external factors.
Business knowledge, concepts, and content
Students are expected to demonstrate understanding of the following business knowledge, concepts, and content (in no particular order):
- social and cultural sustainability (societal expectations and business practices)
- cultural responsiveness and intelligence (protocols, relationships, flexibility)
- business assistance (sources of advice, mentoring, networking, funding, government and non government agencies)
- the role of multinational business in the global economy
- the impact of multinational businesses on the host country
- changes in the global market place caused by recession, trends,natural disasters, war, political unrest, internet and social networking.
Related Māori concepts
Māori concepts that relate to this achievement standard include:
Explanatory notes 3, 4, and 5
Achievement grades at level 3
Last updated July 11, 2012