It appears to be a good course. I had a friend who started doing this course, and she was able to transfer into the BBus course after she got good grades in this course. If your thinking of doing BBus but can't get into it, then this is a good course to do and transfer from. You'll just have to put in a bit of effort in your first year.
As far as I know, that means the degree is only awarded as a Pass degree. That means even if you have a Distinction average, you will be awarded a Pass degree, the same as a Pass average student or Credit average student.