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. |
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:
Demonstrate comprehensive understanding would typically involve: