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Achievement standard 90845 - Business studies 2.3

Apply business knowledge to a critical problem(s) in a given large business context.

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

In a given large business context, this achievement standard requires students to explore a critical problem, its causes and effects, and apply business knowledge to provide a range of possible solutions and recommendations for the problem. Students can apply relevant practical business experience they have gained during the programme of learning to suggest a possible viable solution.

The critical problem will be a significant problem/issue threatening the continuation of the business. These include problems arising from:

  • ineffective choice or management of a growth strategy
  • human resources issue such as ineffective leadership or loss of key personnel
  • internal controls failure resulting in fraud, errors
  • changes in consumer behaviour and/or the emergence of a new competitor
  • technology changes
  • issues resulting from unethical practice.

Related Māori concepts

Māori concepts that relate to this achievement standard include:

  • tikanga
  • pūtake
  • tūranga
  • kaitiakitanga
  • rangatiratanga.

See also:

Explanatory notes 3, 4, and 5

See: Achievement grades at level 2

Last updated February 5, 2015