Assessment Task Students complete Complete finish making or doing; bring to a successful conclusion a formal written Assessment Task to be submitted to the SEC for marking along with the final examination for business studies. The Assessment Task links to the priorities of the Presentation, which offers students the opportunity to apply Apply select and use information and/or knowledge and understanding to explain a given situation or real circumstances their knowledge, skills and understanding to different real-life settings and to develop Develop progress or improve to become more mature, advanced, or elaborate their communication skills. The knowledge and skills developed by students during this Classroom-Based Assessment emerge from their growing awareness of the dynamics of the business environment Business environment All of the factors, both internal and external, which influence the function of a business. It includes, for example, consumers, suppliers, competing companies, entrepreneurs, improvements in technology, laws, government activities, and market, social and economic trends . The Assessment Task will assess Assess judge, evaluate or estimate the nature, ability, or quality of something the students in aspects of their learning including: their ability to evaluate new knowledge or understanding that has emerged through their experience of the Presentation their capacity to reflect on the skills they have developed, and to apply Apply select and use information and/or knowledge and understanding to explain a given situation or real circumstances them to unfamiliar situations their ability to reflect on how their value system has been influenced through the experience of the Presentation.