COMM100

Level 1 Commerce

Course Description

Teacher in Charge: Ms A. Mehta.

Interested in running a business? Love numbers and want to find out more on how money works? This is the course for you! Commerce explores how financial decisions are made. Whether it be within the household, business decisions on production or the selection of Governmental funding for services for the population. Through exploring the different perspectives of stakeholders students will be able to explain the economic decisions have an impact on everybody's lives. 

This course is dependent on a minimum number of students enrolling for 2025. 

Course Overview

Term 1
Demonstrate understanding of an organisation’s financial decision-making

Students will be investigating an organisation and explore different financial decisions. Stakeholders and required outcomes of the financial decisions will be discussed in class with guidance on how to reach a conclusion on where money should be spent or redirected. Possible organisations that could be explored include businesses, schools and households.

Term 2
Demonstrate understanding of price determination for an organisation

Following on from the work in Term One, students will be exploring the different factors involved in setting the price for goods and services. This would involve looking at the expenses and market research to determine the value of different products.

Term 3
Demonstrate understanding of how interdependent financial relationships are affected by an event

Students will be involved in a case study of an organisation's response to an event. This could include a financial cost like the increase of petrol or dairy products or a change in supply of products due to natural disasters. Students would be able to explain the decisions made by their chosen organisation on the interdependent financial relationships and the impact it had on different stakeholders.

Pathway

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 15
Internal Assessed Credits: 10
External Assessed Credits: 5
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92028 v3
NZQA Info

Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: Y
A.S. 92029 v3
NZQA Info

Commerce 1.2 - Demonstrate understanding of price determination for an organisation


Level: 1
Internal or External: Internal
Credits: 5
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92030 v2
NZQA Info

Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event


Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 5
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5

Disclaimer

POLICY

It is the policy of Bishop Viard College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications