Achievement standard 90984 (1.2)
Credits 5 Assessment:  Internal


Demonstrate Understanding of a Decision a producer makes about production.

Achievement Achievement with Merit Achievement with Excellence
Demonstrate understanding of decisions a producer makes about production. Demonstrate in-depth understanding of decisions a producer makes about production. Demonstrate comprehensive understanding of decisions a producer makes about production.
Definitions:

Producer refers to a particular individual or firm that supplies a good or service.

Decisions refer to the decisions the producer makes that relate to production (e.g. goals, resource use, productivity, business expansion, price and non-price marketing).

Production refers to the process of transforming inputs into goods or services.

Demonstrate understanding would typically involve:

 

Demonstrate in-depth understanding would typically involve:

  • providing a detailed explanation of production decisions
  • providing a detailed explanation of the consequences of those decisions for the producer and/or society
  • using data or information to support explanations of producer decisions.
  • Demonstrate comprehensive understanding would typically involve:

  • linking detailed explanations of production decisions with detailed explanations of the consequences for the producer and/or society
  • integrating supporting data or information into explanations of producer decisions.

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