Business Studies Performance band descriptions
The typical performance in this band:
Band 6
- demonstrates comprehensive knowledge and understanding of business structures, functions and operations
- critically analyses the role of business in Australia and the ethical and social responsibilities of management to stakeholders
- demonstrates superior understanding of global business processes and operations and their relationship to the global business environment
- evaluates the effectiveness of management responses to internal and external factors and change that affect business
- applies specific financial models and data to analyse and solve business problems and predict future trends
- synthesises issues concerning the management of business operations when evaluating its effectiveness
- clearly communicates using business terminology, business principles and comprehensive case studies via business reports and other audience-appropriate contexts
Band 5
- demonstrates thorough knowledge and understanding of business structures, functions and operations
- analyses the role of business in Australia and the ethical and social responsibilities of management to stakeholders
- demonstrates detailed understanding of global business processes and operations and their relationship to the global business environment
- analyses the effectiveness of management responses to internal and external factors and change that affect business
- applies financial models and data to analyse and solve business problems and predict future trends
- analyses issues concerning the management of business operations when evaluating its effectiveness
- communicates using relevant business terminology, business principles and case studies via business reports and other audience-appropriate contexts
Band 4
- demonstrates knowledge and some understanding of business structures, functions and operations
- explains the role of business in Australia and the social and ethical responsibilities of management to stakeholders
- describes global business processes and the global business environment
- explains management responses to change
- applies financial models and data with some analysis to solve business problems
- describes issues concerning the management of business operations when explaining its effectiveness
- communicates using business terminology, business principles and case study examples via descriptive business reports and other contexts
Band 3
- demonstrates basic understanding of business structures, functions and operations
- describes business roles and identifies some social and ethical responsibilities of management to stakeholders
- demonstrates an understanding of business processes and the business environment
- explains management practices
- refers to financial models and data when solving business problems
- displays limited analysis of business information
- communicates using basic business terminology and basic business principles
Band 2
- demonstrates limited understanding of business structures, functions and operations
- demonstrates limited knowledge of the role of business and management responsibilities to stakeholders
- demonstrates elementary understanding of global business processes
- identifies management practices
- uses elementary financial information
- shows limited communication skills
