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Key concepts in business studies

Key concepts are the big ideas and understandings that we hope will remain with our students long after they have left school.

The central theme/big idea of business studies is enterprise. Closely related are the three broad concepts:

  • globalisation
  • citizenship
  • sustainability.

These four concepts are the 'future focused themes' identified in The New Zealand Curriculum.

As from 2015 the four concepts should be integrated throughout a Business Studies programme as they are relevant to all achievement standards.

In business studies, students encounter many other important concepts, such as:

  • management
  • rangatiratanga
  • rights and responsibilities
  • hangarau
  • needs and wants
  • kawa
  • organisation
  • supply and demand
  • scarcity
  • manaakitanga
  • culture
  • whānau.

See also:

Last updated October 4, 2022