1COM

Level 1 Commerce

Subject Description

Teacher in Charge: Mr S. Hoare, Mr E. Brown.

Commerce is the new Level 1 subject designed to introduce the world of business to ākonga. It introduces the purpose of organizations, how they are set up and how they go about their day-to-day operations. The ability to identify how organizations are different, and the detailed study of Māori practices in commerce are key in how decisions are made.

The focus upon decision making in organizations is where ākonga develop the skills required in the real world. The ability to consider, select and justify organizational options is a key element of the course.

Commerce is a balanced course which allows ākonga with both academic and vocational skills to succeed. Ākonga apply their learning in a challenging and business-like way which gives them an experience which can be taken into their future careers. 

Commerce is a key subject for those who wish to go onto study Accounting, Business Studies, Enterprise, Economics, Hospitality or Tourism.

Credit Information

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

Total Credits Available: 20 credits.
Externally Assessed Credits: 10 credits.
Internally Assessed Credits: 10 credits.

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
4
4
4
4
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
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: 20
Total Level 1 Literacy Credits: 10
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 5