The following assessment types enable students to demonstrate their learning in Stage 1 Business Innovation:

• Assessment Type 1: Business Skills

• Assessment Type 2: Business Pitch.

For a 10-credit subject, students should provide evidence of their learning through four assessments. Each assessment type should have a weighting of at least 20%. Students undertake:

• three business skills tasks, one of which is a business model summary

• one business pitch.

For a 20-credit subject, students should provide evidence of their learning through eight assessments. Each assessment type should have a weighting of at least 20%. Students undertake:

• six business skills tasks, two of which are business model summaries

• two business pitches.

For this subject the assessment design criteria are:

• finding and solving problems

• contextual application

• analysis and evaluation.

The specific features of these criteria are described below.

The set of assessments, as a whole, must give students opportunities to demonstrate each of the specific features by the completion of study of the subject.

Finding and Solving Problems

The specific features are as follows:

FSP1 Explore problems or needs using a customer-focused approach.

FSP2 Generate possible solutions to problems or needs using a customer-focused approach.

Contextual Application

The specific features are as follows:

CA1 Contextual application of financial awareness and decision-making skills.

CA2 Application of business and financial information to develop and communicate business models.

CA3 Contextual application of communication and collaboration skills.

Analysis and Evaluation

The specific features are as follows:

AE1 Explore and analyse opportunities presented by digital and emerging technologies.

AE2 Evaluate the effectiveness of business models.