Stage 2 Business Innovation

2BUE20

In Business and Enterprise students learn about the successful management of business and enterprise in personal, business, and social contexts, on a local, national, and global scale.

Course Details

  • ATAR – Yes
  • NTCET Points: 20
  • Cost- No

About the Subject

In Business Innovation students learn about the successful management of business and enterprise in personal, business, and social contexts, on a local, national, and global scale.

Students are equipped with the knowledge, skills, and understandings to engage in designing, sustaining, and transforming business in the modern world. Business Innovation is about design thinking. Students ‘learn through doing’ in Business Innovation, using design thinking and assumption-based planning processes to anticipate, find, and solve problems.

In Business Innovation students engage with complex, dynamic, real-world problems, to identify and design, test, and communicate viable business solutions.

Assessment

In a 20-credit subject, students demonstrate evidence of their learning through the following assessment types:

School Based Assessment Weighting
  • Assessment Type 1: Business Skills
40%
  • Assessment Type 2: Business Model
30%
External Assessment
  • Assessment Type 3: Business Plan and Pitch
30%

Information on the External Assessment – Business Plan and Pitch

Business Plan

A business plan builds on the information contained in a business model. It is a document that describes the goals and objectives of a business and the strategies it will use to achieve these. It is a road map to provide direction and a reflective tool to measure progress.

Pitch

Using the executive summary of their business plan, students create and present a pitch to support and promote their business plan to an audience of potential stakeholders, such as customers, investors, and/or board members. The audience may comprise students, teachers, members of the school and/or local community, a social media network, and business and industry representatives.

This Assessment is graded by the SACE Board.

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