Knowledge

Level

Evidence

Date

Innovation and Creativity

Using your imagination to make changes to things

1

I like things that are familiar and that everybody understands

 

 

2

Sometimes, I think of new ways to solve problems

 

 

3

I can find lots of new ways to solve problems or do things

 

 

4

I can make my unique ideas work to solve problems

 

 

Planning;

Making arrangements to complete a task

1

I can plan to complete a simple task

 

 

2

I can plan to complete a series of tasks that contribute to a group task

 

 

3

I can work with a group to ensure we all complete our set tasks within a given time

 

 

4

I can devise a work plan with a group to ensure we all have roles and tasks are completed at appropriate times

 

 

Personal Risk Management;

Taking chances, balancing the probabilities

1

I understand that different decisions have different consequences

 

 

2

I can make a decision based on looking at how likely I am to succeed

 

 

3

I am prepared to a take a decision based on an uncertain outcome as I feel it is the most appropriate decision

 

 

4

I can evaluate and explain the risk involved in different decisions and choose the most appropriate

 

 

Skills

Level

Evidence

Date

Decision Making;

Choosing the actions to take

1

I understand different decisions have different impacts

 

 

2

I make decisions after considering the pros and cons

 

 

3

I listen to others before making my decisions

 

 

4

After making decisions I can explain the impact they may have on others

 

 

Leadership;

Getting people to want to do things

1

I can work with my group to make decisions

 

 

2

I can make my ideas heard in my group

 

 

3

I can influence my group to adopt my ideas

 

 

4

I can motivate my group to ensure that we follow through our decisions

 

 

Presentation;

Putting your ideas across

1

I can present information in an organised way

 

 

2

I can plan a presentation using a variety of media

 

 

3

I can deliver a presentation to a small group of classmates

 

 

4

I can deliver a presentation using a variety of media and tailor it to fit an audience

 

 

Problem Solving;

 

1

I can follow a plan to solve a problem

 

 

2

I can plan what to do to solve a problem

 

 

3

I can come up with a variety of ways to solve a problem

 

 

4

From a variety of solutions I check to see which is the best way to solve the problem and check to make sure the problem is solved

 

 

Goal Setting;

Deciding what to aim for

1

I can work to goals set for me

 

 

2

I can develop goals for myself with support from others

 

 

3

I can work in a group and develop appropriate goals for the group to achieve

 

 

4

I can work in a group to develop goals for the group and know when they have been achieved

 

 

Attributes

Level

Evidence

Date

Self Reliance and initiative;

Can I work on my own?

1

I can work on my own, with some supervision

 

 

2

I can work on my own without supervision

 

 

3

I can work on my own to complete a set task working to a set deadline and get it done

 

 

4

I can take charge of my own learning to ensure I make the most of my time, and deciding what more I can do.

 

 

Competitiveness;

How much do you want to win?

1

I don’t mind if I lose sometimes

 

 

2

I like to win but it doesn’t matter that much

 

 

3

I work hard to win and I’m disappointed if I don’t

 

 

4

Being the best is what its all about

 

 

Resourcefulness:

Finding practical solutions

1

Give me what I need and I can solve the problem

 

 

2

I can find what I need to solve the problem

 

 

3

I like creating new solutions to a problem

 

 

4

I like to find new problems to solve

 

 

Knowledge

Level

Evidence

Date

Investment:

Putting money or resources into a project in order to get a return

1

I understand what investment is

 

 

2

I understand the different types of investments

 

 

3

I can evaluate a proposed investment

 

 

4

I can select the best investment based on analysis of the proposals

 

 

Credit and money

1

I understand what credit is

 

 

2

I understand that different forms of credit cost different rates to use

 

 

3

I can work out the cost of different forms of credit

 

 

4

I can make a decision on the best form of credit to use in a variety of situations

 

 

Currency;

The different types of money used

1

I understand different countries have different currencies

 

 

2

I can convert different sums of money to a given currency

 

 

3

I can research a rate of exchange for a currency and convert different sums of money

 

 

4

I can explain why currency conversion rates change

 

 

Skills

Level

Evidence

Date

Budgeting and financial planning;

Making the money fit the plan

1

I spend the money I’ve got

 

 

2

I can work out how much money will be needed for an activity

 

 

3

I can plan income and expenditure over a period of time

 

 

4

I can balance a complex budget based on different decisions made

 

 

Risk Management;

The selection of those risks a business should take, and those which should be avoided or mitigated, followed by action to avoid or reduce risk

1

I understand what parts of a plan went wrong

 

 

2

I understand what caused parts of a plan to go wrong

 

 

3

I can analyse why parts of a plan are at risk of going wrong and the impact of their doing so

 

 

4

I can plan a series of actions to reduce or eliminate the risks and consequences of my plan going wrong

 

 

Attributes

Level

Evidence

Date

Taking Responsibility for the Impact of Financial Decisions

1

I understand that I need to budget to make sure I can afford something

 

 

2

I accept I am responsible for my financial decisions

 

 

3

I accept that my financial decisions might have other consequences

 

 

4

I can use information to decide which financial decision is best for me.

 

 

Knowledge

Level

Evidence

Date

Market:

Where goods and services are sold

1

I can identify different market sectors

 

 

2

Market research has increased my understanding of a market sector

 

 

3

I can identify target customers for market sectors

 

 

4

I can develop an appropriate marketing strategy for a product aimed at an identified target customer.

 

 

Competition

1

I understand that different firms producing similar products are competing with each other

 

 

2

I can identify different marketing strategies for similar products

 

 

3

I can identify competitors within a market sector and compare their techniques

 

 

4

After some research I can explain and compare different competitors marketing strategies

 

 

Price

1

I understand the price a company charges does not equal the costs

 

 

2

I understand the different elements to take into account when pricing a product

 

 

3

I can price a product given some relevant information

 

 

4

After some research I can price a product and compare it to similar in the market sector

 

 

Efficiency;

Look after the pennies...

1

When something is made there is always rubbish to throw away

 

 

2

I know that waste materials cost money

 

 

3

I understand why scrap and people stood doing nothing are the same thing

 

 

4

I can explain why being efficient is important in a business

 

 

Economic Growth

The rate of change of real income or real output

1

I know what inflation is and its effect on me

 

 

2

I understand what a country’s economic growth is

 

 

3

I know what “boom and bust means

 

 

4

I can explain what economic cycles are and how they affect communities

 

 

Skills

Level

Evidence

Date

Decision Making

How businesses make decisions

1

I understand that businesses have different people responsible for different decisions in the business.

 

 

2

I understand that businesses have to gather and use different data to make their decisions.

 

 

3

I understand that businesses sometimes take a risk when they do not have all the information to make a decision.

 

 

4

I understand that when making a decision that involves a risk, businesses have to weigh up the pros and cons.

 

 

Investigation of a Simple Hypothesis

1

I can make a prediction of what I think will happen in a given situation

 

 

2

I can make a prediction based on research for a given situation

 

 

3

I can make a prediction and explore the outcome for a given situation

 

 

4

I can reflect on my prediction after discovering the outcome and make future predictions

 

 

Attributes

Level

Evidence

Date

Business Responsibility to the Environment and Society

1

I understand businesses can have an impact on the local community

 

 

2

I understand why there are laws governing how businesses must conduct themselves

 

 

3

I understand that the laws governing businesses can cost the business money to put in place.

 

 

4

I can research a business that has put the laws governing it into practice (i.e. corporate responsibility policy, health and safety in the workplace)