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  4. Business Studies 2 unit (15040)
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Performance Band Descriptors
2008 Higher School Certificate

2 unit Business Studies

2008 Candidature - 16245

Band 6
(6.13%)

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 relevant business terminology and concepts with case studies where appropriate.
Band 5
(25.59%)

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 and concepts with case studies where appropriate.
Band 4
(28.99%)

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 and concepts.
Band 3
(25.03%)

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 concepts.
Band 2
(10.57%)

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.
Band 1
(3.26%)

A mark in this band indicates that the student has achieved below the minimum standard expected.
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