Waiopehu College

NCEA Level 1 Commerce

11COM Course Description

Teacher in Charge: Mr F. PAULSE.

Recommended Prior Learning

Successful completion of Junior Enterprise is an advantage, not mandatory.

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Course Overview

Term 1
Commerce 1.1
Demonstrate understanding of an organisation’s financial decision making
92028
5 CREDITS

Commerce 1.2
Demonstrate understanding of price determination for an organisation
92029
5 CREDITS

Term 2
Commerce 1.3
Demonstrate understanding of how interdependent financial relationships are affected by an event
92030
5
CREDITS

Term 3
Commerce 1.4
Demonstrate understanding of how an organisation's financial viability is affected by an event
92031
5 CREDITS

Revision of all External Standards

Term 4
Revision of all external standards.

Departments:

Commerce

Assessment Information

Internal: AS92028:
Assessor involvement during the assessment event is limited to monitoring and guiding the early direction of the work, including guidance on the use of an appropriate model or concept. Student work which has received sustained or detailed feedback is not suitable for submission towards this Standard.
At the start of the assessment event, assessors need to stipulate or approve the selection of an organisation and item for price consideration.

Internal: AS92029:

Assessors should ensure student evidence at any achievement level includes discussion of pūtake in the context of an organisation’s financial decision-making. The evidence that shows understanding of pūtake is necessary to pass the Standard but does not contribute to the A, M, and E grade.

Assessor involvement during the assessment event is limited to monitoring and guiding the early direction of the work, including guidance on the selection and use of a financial tool. If helpful, assessors can provide checkpoints at specific stages to check progress on:

gathering evidence
sourcing financial documents
preparing a presentation.

External: AS92030:
Candidates will be required to respond to one question with multiple parts in response to a case study scenario.
The case study scenario will include information on four or five participants in society, which may include whānau, hapū, iwi, community organisations, and businesses.
Candidates will describe how an event affects a minimum of three financially interdependent relationships.

External: AS92031:
Candidates will be required to produce a report that demonstrates understanding of how an organisation's financial viability is affected by an event.

In their report, candidates will respond to an assessment activity and stimulus material that will be made available during Term 3.

The assessment activity will consist of a series of prompts guiding candidates on what to include in their report and a list of four ‘events’. Candidates will be required to select one event that relates to an organisation they have studied. The types of organisations for which events will be provided are:

- student business for a combined market day
- student business run in the community
- local business
- local non-profit organisation.