Educators' Guide for Pedagogy and Assessment
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Learning Area: Humanities
Business Studies > LEVEL 9
Learning Area Outcome: I can reflect upon and explore my Maltese identity and the relationships between diversity and identity in Malta, Europe and the world. I can think critically and creatively about everyday problems in local contexts and also about large scale global problems.
Subject Focus: The Business Environment
1] I can identify the different types of stakeholders and explain why they may have an interest in a particular business activity.
2] I can discuss why some stakeholders may have conflicting interests.
3] I can explain the importance of international trade.
4] I can explain the difference between a trade deficit and a trade surplus.
5] I can list difficulties that local businesses face when it comes to trading with other countries.
6] I can list the strengths that local businesses have when trading with other countries, referencing Malta’s membership in the European Union and the Eurozone.
7] I can identify the role of protectionism within the international economy.
8] I can explain the role of multinationals and can evaluate their effect on the local economy.
9] I can explain the meaning of fair trade and its importance within the globalised world.
LEARNING TO KNOW
2] I can discuss why some stakeholders may have conflicting interests.
3] I can explain the importance of international trade.
4] I can explain the difference between a trade deficit and a trade surplus.
5] I can list difficulties that local businesses face when it comes to trading with other countries.
6] I can list the strengths that local businesses have when trading with other countries, referencing Malta’s membership in the European Union and the Eurozone.
7] I can identify the role of protectionism within the international economy.
8] I can explain the role of multinationals and can evaluate their effect on the local economy.
9] I can explain the meaning of fair trade and its importance within the globalised world.
LEARNING TO KNOWLearning Area Outcome: I can understand how learning about the humanities can enrich my experience and understanding of the world and how it can be of value throughout my life.
Subject Focus: Entrepreneurship
1] I can convert challenges into opportunities and come up with creative business ideas.
PRACTICAL
2] I can ascertain the benefits and costs to business of behaving in an ethical manner.
LEARNING TO LIVE TOGETHER
3] I can appreciate and assess the risks and rewards resulting from business activity.
4] I can appreciate the need for initiating change and responding to change in business and am aware of the need to overcome resistance to change.
PRACTICAL2] I can ascertain the benefits and costs to business of behaving in an ethical manner.
LEARNING TO LIVE TOGETHER3] I can appreciate and assess the risks and rewards resulting from business activity.
4] I can appreciate the need for initiating change and responding to change in business and am aware of the need to overcome resistance to change.
Learning Area Outcome: I can understand how learning about the humanities can enrich my experience and understanding of the world and how it can be of value throughout my life.
Subject Focus: Financial and Economic Literacy
1] I can explain the meaning and importance of consumer protection.
2] I can come up with examples of good/bad practices related to consumer protection.
3] I am aware of the pitfalls of credit.
2] I can come up with examples of good/bad practices related to consumer protection.
3] I am aware of the pitfalls of credit.
Learning Area Outcome: I can ask questions about human experience in the past and present and build and develop my knowledge and understanding through enquiry.
Subject Focus: Elements of Business Activity
1] I can distinguish between the capital and revenue expenditure of a business organisation.
2] I can explain the reasons for preparing financial reports and can identify their main users.
3] I can interpret figures in a given and simple Income Statement and Statement of Financial Position of a sole trader.
4] I can assess a business’ performance through the calculation and basic interpretation of the following accounting ratios:
5] I can explain the reasons why businesses need to be financed.
6] I can distinguish between the different sources of finance available to businesses.
7] I can discuss the suitability of different types of financing in relation to particular situations.
8] I can distinguish between the different types of costs incurred by a business.
9] I can explain how businesses use cost and revenue information.
10] I can identify the costs of using different types of business financing options.
11] I can calculate the break-even point of production and explain its uses and limitations.
12] I can explain the meaning of shares and debentures and their role in financing limited liability companies.
2] I can explain the reasons for preparing financial reports and can identify their main users.
3] I can interpret figures in a given and simple Income Statement and Statement of Financial Position of a sole trader.
4] I can assess a business’ performance through the calculation and basic interpretation of the following accounting ratios:
- Gross Profit and Net Profit Margins
- Return on Capital Employed
- Working Capital Ratio
- Quick Assets Ratio
- Inventory Turnover Ratio
5] I can explain the reasons why businesses need to be financed.
6] I can distinguish between the different sources of finance available to businesses.
7] I can discuss the suitability of different types of financing in relation to particular situations.
8] I can distinguish between the different types of costs incurred by a business.
9] I can explain how businesses use cost and revenue information.
10] I can identify the costs of using different types of business financing options.
11] I can calculate the break-even point of production and explain its uses and limitations.
12] I can explain the meaning of shares and debentures and their role in financing limited liability companies.
Learning Area Outcome: I understand how learning about humanities can enrich my experience and understanding of the world and how it can be of value throughout my life.
Subject Focus: Human Resources
1] I can outline the role, aims and importance of Trade Unions.
2] I can differentiate between different types of Trade Unions.
3] I can describe the processes involved in an industrial dispute and the actions that may be taken by trade unions.
4] I can explain how an industrial dispute can be resolved through either arbitration or conciliation.
2] I can differentiate between different types of Trade Unions.
3] I can describe the processes involved in an industrial dispute and the actions that may be taken by trade unions.
4] I can explain how an industrial dispute can be resolved through either arbitration or conciliation.
