Year 12 Subjects – Business Innovation
Level: Stage 2
Prerequisites: None
Assumed Knowledge: None
Course Summary
In Stage 2 students are equipped with the knowledge, skills, and understandings to engage in designing, sustaining, and transforming business in the modern world. They engage with complex, dynamic real-world problems, to identify and design, test, iterate, and communicate viable business solutions.
Course Content
Stage 2 Business Innovation is structured around three key contexts:
- Designing business
- Sustaining business
- Transforming business
Students explore at least two of these contexts. Through these contexts, students develop and apply their understanding of the following underpinning learning strands:
- Innovation
- Decision-making and project management
- Financial literacy and information management
- Global, local, and digital perspectives
Students gain an understanding of fundamental business concepts and ideas, including:
- The nature and structure of business
- Sources of finance
- Forms of ownership
- Legal responsibilities and requirements
This understanding is extended and applied through each of the learning strands.
Assessment
The following assessment types enable students to demonstrate their learning in Stage 2 Business Innovation:
School Assessment (70%)
- Assessment Type 1: Business Skills (40%)
- Assessment Type 2: Business Model (30%)
External Assessment (30%)
- Assessment Type 3: Business Plan and Pitch (30%)
Students should provide evidence of their learning though six assessments, including the external assessment component. Students undertake:
- Four business skills tasks
- One business model
- One business plan and pitch