Achievement standard 91379 - Business studies 3.1
Demonstrate understanding of how internal factors interact within 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 1
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 how internal factors interact.
Business knowledge, concepts, and content
Students are expected to demonstrate understanding of the following business knowledge, concepts, and content:
- quality management (significance of quality management to a business, costs and benefits of quality control, quality assurance, total quality management, Kaizen and quality circles)
- innovation (risks and opportunities of innovation, including intellectual property management, product and process innovation, corporate cultures and strategies encouraging innovation)
- change management (why a change management process is necessary, resistance to change, costs and benefits of change management strategies)
Related Māori concepts
Māori concepts that relate to this achievement standard include:
- tikanga
- pūtake
- tūranga
- kaitiakitanga
- rangatiratanga.
See also:
Explanatory note 2
See:
Achievement grades at level 3
Last updated October 4, 2022
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