Associated Assessment Criteria for Exit Level Outcome 1:

• Define the business management process.
• Explain various theories of business management process.
• Explain the micro, market, and macro environment of a business enterprise.
• Define the management process of planning, organizing, leadership, and controlling.
• Explain the role of operations management in the organization.
• Demonstrate an understanding of the basic principles of economics and the economy.

Associated Assessment Criteria for Exit Level Outcome 2:

• Describe a basic model of the economy and explain how institutions impact on the economy.
• Describe the macroeconomic implications of business cycles.
• Explain the microeconomic environment of the individual company and the dynamics of microeconomics.
• Describe how supply and demand impact the changes in the economy.
• Discuss the impact of price, income, and output productivity on an individual business and understand how the role of interest impacts on the economies.

Associated Assessment Criteria for Exit Level Outcome 3:

• Explain the role and importance of Logistics and Supply Chain Management in the business environment.
• Apply critical and creative thinking in the use of Logistics and Supply Chain Management concepts and principles in the business management context.
• Identify and solve management problems using Logistics and Supply Chain Management principles.
• Evaluate and apply theoretical concepts and approaches to the Logistics Management theories and policies.
• Reflect on the applications made in solving Logistics and Supply Chain Management problems.

Associated Assessment Criteria for Exit Level Outcome 4:

• Demonstrate the ability to effectively communicate orally and in writing with different stakeholders in the Logistics and Supply Chain Management environment.
• Engage professionally with internal and external stakeholders.
• Apply the principles of effective communication and reflect on the application made.

Associated Assessment Criteria for Exit Level Outcome 5:

• Explain strategic procurement and its role in Supply Chain Management.
• Describe the importance of planning for Logistics and Supply Chain managers.
• Demonstrate understanding of the use of Logistics and Supply Chain Management models, procedures, tools, and techniques in decision making.
• Demonstrate the ability to use applicable management technology to formulate solutions to Logistics and Supply Chain Management problems.

Associated Assessment Criteria for Exit Level Outcome 6:

• Demonstrate understanding of principles of research and the use of statistical concepts in a business environment.
• Apply theory and principles of quantitative analysis.
• Demonstrate the ability to analyze statistical inferences through hypotheses tests and applying statistical models for forecasting and planning.
• Demonstrate the ability to plan and execute research in the field of Logistics and Supply Chain Management.

Formative Assessment:

• Learning and assessment are integrated.
• Continual formative assessment is required with feedback on progress.
• Includes assignments, real-world briefs, tests, and an integrated program portfolio.
• Focuses on smaller sections of work and limited numbers of outcomes.

Summative Assessment:

• Judgement of learning in relation to Exit Level Outcomes.
• Includes integrated assessments testing the learner's ability to integrate knowledge.
• Examinations, projects, reports, or portfolios assess a representative selection of outcomes.
• Tests the ability to manage and integrate a large body of knowledge.
• Designed to achieve integration of exit level outcomes and demonstrate applied competence.