Smithycroft Secondary School

Business in Action

Stakeholders

Level 4

Progress 4

All the time I can independently and confidently:

• Describe all 4 factors of production and provide examples for all factors.
• Describe 3 sectors of industry and give examples for all sectors.
• Distinguish between 3 sectors of industry.
• Describe 3 sectors of economy and gives examples for all sectors.
• Distinguish between 3 sectors of economy.
• Describe 3 private sector businesses and give examples for all businesses.
• Distinguish between the features of private sector businesses.

All the time I can independently and confidently:

• Explain how internal stakeholders can influence the success of a business.
• Explain how external stakeholders can influence the success of a business.
• Describe how external stakeholders can influence the success of a business.
• Describe how internal stakeholders can influence the success of a business.
• Describe how external stakeholders can influence the success of a business.
• Analysis a job costing statement to determine a suitable price.

Business in Action

Stakeholders

Level 4

Progress 2

With occasional support I can:

• Identify the 4 factors of production and give examples for each factor.
• Identify sectors of industry and give an example for each sector.
• Identify sectors of economy and give an example for each.
• Identify private sector businesses and give an example for each type.

With occasional support I can:

• Outline the interests of internal stakeholders.
• Outline the interests of external stakeholders.
• Calculate a job costing statement with occasional support.

Business in Action

Stakeholders

Level 4

Progress 3

Most of the time I can:

• Describe 2 factors of production and give examples for each factor.
• Describe 2 sectors of industry and give examples for each sector.
• Describe 2 sectors of economy and give examples for each.
• Describe 2 private sector businesses and give examples for each

Most of the time I can:

• Describe the interest of internal stakeholders.
• Describe the interest of external stakeholders.
• Describe how external stakeholders can influence the success of a business.
• Describe how internal stakeholders can influence the success of a business.
• Describe how external stakeholders can influence the success of a business.
• Calculate a job costing statement.

Business in Action

Stakeholders

Level

4

Progress 1

With frequent support I can:

• Identify the 4 factors of production.
• Identify sectors of industry.
• Identify the sectors of economy.
• Identify private sector businesses.

With frequent support I can:

• Identify internal stakeholders.
• Identify external stakeholders.
• Calculate a job costing statement with frequent support.