Code: BUS004/005
Title: Byte of Business
Pre-requisites: Nil
Outcome levels: Level 5/6
Coordinator: Ms M Murray

Students who are interested in a career in the business world are highly recommended to study this unit. Students are offerred the opportunity to achieve a nationally recognised Certificate I in Business at no cost whilst at school, which may lead them on the pathway to Certificate II and beyond.

Students will undertake project-based learning in order to achieve the necessary competencies to complete the certificate.

This unit introduces students to the senior subjects of Accounting, Business Communication and Technologies, and Business Studies in an interesting, challenging and fun way.

Topics

• Credit and Borrowing
  • What is credit?
  • Who uses credit and why?
  • A life cycle perspective of borrowing
  • Consumer rights
  • Why the interest in interest?
  • Avoiding the traps – how to play it smart!
• Saving and Investing
  • Perceptions of investments and a life cycle approach to investing
  • Developing an investment strategy
  • Investment options
• Introductory Accounting for a Sole Trader
  • Business documents, journals and ledger
• International Business
  • Breaking down the barriers
  • Customs and greetings
  • Organising a conference
• Business Equipment
  • Using and maintaining
• Marketing a product
  • Setting up a trade display
  • Getting your product to sell

Assessment

Assessment will be largely project based, with some tests. Practical aspects will be assessed through observation.

At completion students should know

• Credit - what it is, who uses it, and why.
• Borrowing - how to, what for, how to avoid the pitfalls.
• Consumer rights - what they are, and how to use them.
• Interest rates - what to look for, and how to calculate rates.
• Investment options.
• How to set up and investment plan.
• Types of business documents.
• Concepts of DR and CR.
• Conference organisation and planning.
• Types of business equipment.
• Concepts of marketing and advertising.

At completion students should be able to

• Analyse a variety of credit applications.
• Calculate interest rates and repayments.
• Complete business documents, journals and ledger for a sole trader.
• Use a range of business equipment.
• Create effective publicity products (including the use of digital camera).
• Access the vast array of internet-based resources.
• Work independently and as part of a team.
• Apply problem-solving skills.
• Analyse and interpret complex information.
• Make comparisons and draw contrasts.
• Draw conclusions and justify these conclusions with evidence.

Literacy elements

• Financial Literacy skills as defined by the Financial Basics Foundation.
• Oral, print and multimedia literacy.
• Focus on subject specific words and their definitions.
• Focus on subject specific spelling.
• Paralinguistic features (spatial arrangements, tables, illustrations).
• Use of generic task sheets.
• Critical analysis of text, tables, illustrations, case studies.

Integrated technology

• Internet for research purposes
• Digital Camera
• Scanner
• Use of ‘Microsoft Word’, ‘Microsoft Excel’ and ‘Microsoft PowerPoint’

Assignment guidelines

Please refer to the Assignment Guidelines on how to set out bibliographies and references.  

Resources

TBA

Related Links

TBA