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.
Explanatory notes 3, 4, and 5
See:
Achievement grades at level 2
Last updated November 30, 2021
TOP
