Associated Assessment Criteria for Exit Level Outcome 1:
1.1 Management theory and practices are analysed within a business context.
1.2 The strategic, managerial and operational roles of information systems are analysed within a business context.
1.3 Business statistics are analysed to ensure that good business decisions are taken.
1.4 Business mathematics is applied in order to record and manage business operations.
1.5 International and local commercial law is analysed to ensure legal and ethical compliance in a business environment.
1.6 Project management theory and practices are analysed for practical application in a business environment.
Associated Assessment Criteria for Exit Level Outcome 2:
2.1 Standard economic theory and behavioural economic theory are compared from a global perspective.
2.2 The basic principles of micro- and macro-economics are analysed within a business context.
2.3 The goals and instruments of a market economy are analysed within a business context.
2.4 The role of the various economic subjects in the economy are analysed within a business context.
2.5 A simple macro-economic model is constructed based on aggregate demand and aggregate supply.
2.6 Governmental influences on market allocations are analysed within a business context.
Associated Assessment Criteria for Exit Level Outcome 3:
3.1 The concepts and principals of financial accounting are analysed in a business context.
3.2 The different source documents used in a business are analysed in order to determine the purpose of each.
3.3 Basic financial transactions are performed within a business environment.
3.4 Financial statements are analysed using ratio analysis.
3.5 Appropriate financial software is used in a business context.
3.6 The concepts and principles of management accounting are analysed for practical application within a business context.
3.7 Management accounting practices are applied in order to make informed business decisions.
Associated Assessment Criteria for Exit Level Outcome 4:
4.1 Supply chain management concepts and principles are analysed within a business context.
4.2 The general principles and practices of market research, managing marketing enterprises and managing processes of purchase and supply are analysed within a business context.
4.3 The integration of all functions along the chain through shared objectives is analysed within a business context.
4.4 Common performance matrices are developed for practical integration along the supply chain.
4.5 Customer satisfaction is improved in order to maximise capital turnover within a business context.
4.6 The use of Information technology to enhance supply chain performance is analysed within a business context.
4.7 Strategies in extending alliances and partnerships are developed within a business context.
4.8 The successful implementation of business principles is analysed in relation to the logistics, supply chain and purchasing function.
Formative assessment will be applied continually throughout the learning pathway of the individual learning outcomes and/or modules.
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 to ensure the integrated achievement of the Exit-Level Outcomes.