L1 Commerce
Subject Description
Teacher in Charge: Mr K. Hansen, Ms K. Schumacher.
Commerce is a foundational subject that prepares ākonga for further specialised secondary school study. At NCEA Levels 2 and 3, Commerce branches into Accounting, Business Studies, and Economics. Studying Commerce will provide ākonga with a broad financial knowledge base to draw from in a variety of roles and organisations in the future.
Understanding financial viability and decision-making processes are essential for operating small businesses. This is equally true of both the continued operations of established businesses and the founding of new ventures. Beyond the operation of businesses, ākonga will have opportunities to develop deeper connections with personal financial capability, and a greater understanding of the financial concepts they encounter in their daily lives.
Exploring the role of pūtake in business operations will have ākonga weigh financial information against social and cultural factors. This experience with complex problem-solving can be applied in fields such as governance, community organisation, and project management.
This course (combining Business Management and Accounting) is a good starting point for students wanting to pursue a career in Business, Accounting, and other areas of Commerce as well as for students wanting to gain business knowledge to better equip themselves when they enter the business world.
As part of this subject students will operate a small business at a Market Day.
This course will be assessed to a selection of L1 Commerce Achievement Standards. Assessment is a combination of both internally and externally assessed standards.
Required Prior Learning
Entry is open, but subject to approval from the HOD.
Subject Costs
During the year additional capital will be required to set up a Market Day business activity (not usually a large amount).
Field trip to Rotorua - 1 day - Approx $60 (TBC).
Pathway
Subject Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is eligible for Course Endorsement.
This course is approved for University Entrance.
External
NZQA Info
Communicate in a team or group to complete a routine task
NZQA Info
Communicate in a team or group which has an objective
NZQA Info
Contribute within a team or group which has an objective
NZQA Info
Commerce 1.1 - Demonstrate understanding of an organisation's financial decision-making
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
NZQA Info
Commerce 1.3 - Demonstrate understanding of how interdependent financial relationships are affected by an event
Pathway Tags
Advertising specialist, Sales and Marketing Manager, Agricultural Consultant, Cafe/Restaurant Manager, Event Manager, Financial Advisor, Hotel/Motel Manager, Importer/Exporter, Human Resources Advisor, Insurance Loss Adjuster, Marketing Specialist, Office Manager, Production Manager, Project Manager, Purchasing/Supply Officer, Recruitment Consultant, Retail Manager, Accountant, Business Analyst, Management Consultant, Managing Director, Chief Executive, Market Research Analyst, Policy Analyst, Financial Manager, Foreign Policy Officer, International Business Manager,