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 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 strategic response to external factors.
Business knowledge, concepts, and content
Students are expected to demonstrate understanding of the following business knowledge, concepts, and content:
- societal expectations on the business (environmental, economic, social, cultural)
- cultural intelligence and responsiveness (importance of protocols, relationships, flexibility)
- business support (government and non-government agencies)
- opportunities and threats of multinational activity
- changes in the global market place (growth and recession in export markets, political unrest, technology, consumer behaviour).
Related Māori concepts
Māori concepts that relate to this achievement standard include:
- tikanga
- pūtake
- tūranga
- kaitiakitanga
- rangatiratanga.
Explanatory note 2
See:
Achievement grades at level 3
Last updated November 30, 2021
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