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Evaluation Level 3: Applying in a Complex Environment

Evaluation Level 3: Applying in a Complex Environment

Student can analyse their strengths, competences and moral compass in their own and external environment

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Satisfactory

Good

Excellent • Student know how to analyse their strengths and competences. Student know what a moral compass is • Student can identify different work stages and situations which involve ethical choices. • Student can analyse their own strengths, competences and moral compass in their own environment • Student can present their competences relevant to business • Student can consider and analyse the impacts of decisions made by them and by others from different ethical points of view. • Student can analyse their strengths, competences and moral compass in their own environment and apply the knowledge into complex environment • Student can assess their capabilities and their development needs to work as entrepreneurs realistically with an awareness of the risks involved in business.

Student can follow and implement the principles of sustainable development and environmental system management

Satisfactory • Student can follow and implement the primary principles of sustainable development and environmental system management • Student understand the limited nature of natural resources and the importance or their sustainable use.

Good

Excellent • Student can follow and implement the principles of sustainable development and environmental system management • Student know the main objectives of ecological, financial, social and cultural sustainability in sustainable development • Student recognise key practices for promoting sustainable development. • Student can follow and implement the principles of sustainable development and environmental system management and apply them in complex business environment • Student understand the limited nature of natural resources and the importance of their sustainable use at the national level in proportion to the global operating environment.

Student can implement the principles of life cycle thinking and circular economy relationship to new and existing business

Satisfactory Good

Excellent • Student can implement the principles of life cycle thinking and circular economy • Student can implement the principles of life cycle thinking and circular economy relationship to new and existing business • Student can evaluate the importance and give alternative suggestions for development • Student can determine the life cycle of a product and understands the overall effects. • Student can implement the principles of life cycle thinking and circular economy relationship to new and existing business and apply the knowledge into complex environment • Student can assess the energy or material effiency of a product or service and can propose necessary renovations.

Student can generate, develop and test sustainability-driven business ideas and opportunities in more complex environment

Satisfactory

Good

Excellent • Student can generate, develop and test sustainability-driven business ideas and opportunities, requiring guidance from time to time • Student can explore the companies operating in their chosen sector. • Student can generate, develop and test sustainability-driven business ideas and opportunities based their own strengths and apply them in their own environment • Student can assess business opportunities and present their sustainability-driven business ideas and opportunities to others. • Student can generate, develop and test sustainability-driven business ideas and opportunities and apply them in complex environment • Student can assess and find innovative sustainability-driven business ideas and opportunities in the markets.

Student can produce, present and implement a sustainability-driven business plan in a more complex environment

Satisfactory • Student can produce and present a sustainability-driven business plan with help of teacher or mentor • Student can produce a personal survival budget and cashflow forecast

Good

Excellent • Student can produce, present and implement a sustainability-driven business plan and apply the knowledge in their own environment • Student can select a suitable company form and can figure out the development prospects of the market and the competitive situation • Student can calculate costs related to business activities and plan the financing • Student can produce a personal survival budget and cashflow forecast • Student is able to consider the legislation when planning. • Student can produce, present and implement a sustainability-driven business plan and apply the knowledge in complex environment • Student can produce the budgets and a realistic financial plan for the company • Student can produce a personal survival budget and cashflow forecast • Student can present a realistic plan regarding the administration and resourcing of the different activities based on business idea • Student can present company’s operating model in a clear way and justify it to selected stakeholders.

Student can evaluate the sustainable impact of new and existing business

Satisfactory • Student can evaluate the sustainable impact of new and existing business, requiring guidance from teacher from time to time.

Good

Excellent • Student can evaluate the sustainable impacts of new and existing business in their own environment • Student can assess the key factors contributing to sustainable impact in the business and complex business environment. • Student has ability to develop new ways of operating in business to decrease or even remove the sustainable impacts • Student can assess how operating practices have changed during the process, compare them with what they were before and assess the sustainable impacts of the whole process in complex business environment.