1BUS1

Level 1 Business Studies-Demonstrate understanding of price determination for an organization

Course Description

Teacher in Charge: Mrs A. Sharma.

AS92029- Demonstrate understanding of price determination for an organization.


This assessment standard enables students to to develop an understanding and appreciation of how prices are determined for a product or service in an organization. Students will explore models or concepts that will help them understand equilibrium price determination and quantity  for their proposed business for the purpose of assessment.



Pathway

Credit Information

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

This course is eligible for subject endorsement.

Total Credits Available: 15 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 5 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
A.S. 92029 v3
NZQA Info
Commerce 1.2 - Demonstrate understanding of price determination for an organisation
4
4
4
4
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
4
4
4
4
Level: 1
Internal or External: External
Credits: 5
Level 1 Literacy Credits: Y
University Entrance Literacy Credits: 0
Numeracy Credits: 0
A.S. 92031 v3
NZQA Info
Commerce 1.4 - Demonstrate understanding of the financial viability of an organisation
4
4
4
4
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: 10
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer


The courses we offer are reviewed regularly and are subject to change.