Associated Assessment Criteria for Exit Level Outcome 1:
1.1 Management principles, approaches and practices are analysed in order to determine the business manager’s roles and tasks in terms of providing strategic direction to an organisation.
1.2 The basic principles, concepts and theories of strategic management are analysed within the business context.
1.3 The principles, concepts and theories of entrepreneurship are analysed in order to identify new business opportunities.
1.4 Small business management practices and principles are analysed within a South African and an international context.
1.5 Information systems and technologies are analysed for their value in the business management environment.
1.6 Quality management principles, approaches and practices are analysed in the business environment.
Associated Assessment Criteria for Exit Level Outcome 2:
2.1 The legislative and legal framework of South Africa is analysed from a business, commerce and industry perspective.
2.2 Relevant legislative and legal practices of South Africa are analysed in order to determine their implications on business, commerce and industry.
2.3 Business related contracts are evaluated against the relevant legal framework.
Associated Assessment Criteria for Exit Level Outcome 3:
3.1 Standard economic theory and behavioural economic theory are compared from a global perspective.
3.2 The nature of diverse forms of enterprise and economic systems are analysed from a global perspective.
3.3 Market behaviour is analysed with reference to volume, volatility and predictable from a global perspective.
3.4 Proposals to solutions for various economic, organisational, business and social challenges are analysed from a business, commerce and industry perspective.
Associated Assessment Criteria for Exit Level Outcome 4:
4.1 The basic concepts and principles of financial accounting as applied in a business are analysed.
4.2 The different source documents used in a business are analysed in order to determine the purpose of each.
4.3 Basic financial transactions are performed within a business environment.
4.4 Financial statements are analysed using ratio analysis.
4.5 Applicable financial software is selected for use in a business context.
Formative assessment will be applied continually throughout the learning process. Summative assessment will be applied to ensure the achievement of each learning outcome and/or module. Integrated Assessment will be applied extensively across the modules of learning so as to ensure the integrated achievement of the Exit-Level Outcomes.