Carry out, with consultation, an innovative and sustainable business activity
NZQA suppresses grade rates for low-cohort standards.
You'll plan, run, and evaluate your own real business activity—whether that's making a product or offering a service—while getting advice from people who know about business. You need to think about how your business can be innovative (new or improved) and sustainable (good for the economy, people, culture, ethics, and the environment). Throughout the process, you'll explain your thinking using proper business concepts and check how well your business actually works.
You plan and run a business activity, consult with advisors, evaluate its performance, and explain your work using business knowledge.
You plan and run the business activity with strong thinking and consultation, evaluate it carefully with sound reasoning, and use business knowledge to back up your explanations.
You thoroughly plan and run the business activity with thoughtful consultation throughout, evaluate it in detail against your goals, and use business knowledge skillfully to fully explain all your decisions and outcomes.
Standards typically taken alongside or after this one. Same subject, grouped by level.