Elaboration (4) ACHEK040
identifying ways consumers can protect themselves from risks (for example, through setting financial goals, insurances, savings, investments, diversification, scam avoidance and superannuation)
Elaboration (4) | ACHEK040 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (5) ACHEK040
explaining the financial landscape of Australia and overseas and the forces that shape and affect the financial industry (for example, financial deregulations, technological changes, economic and business activities, consumer and business sentiment about …
Elaboration (5) | ACHEK040 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK041
identifying the reasons businesses seek to build or create a competitive advantage (for example, to meet the changing demands of a competitive global market and improve their profit margins)
Elaboration | ACHEK041 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK041
investigating the different strategies businesses use to create competitive advantage (for example, research and development, offering a lower-cost product, or by implementing efficient internal operations strategies)
Elaboration (1) | ACHEK041 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK041
discussing whether the adoption of strategies based around corporate social responsibility can increase the competitive advantage of businesses
Elaboration (2) | ACHEK041 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK041
exploring emerging techniques businesses can use to gain an advantage, such as blended marketing, open innovation and use of social media
Elaboration (3) | ACHEK041 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK042
identifying the responsibilities of various participants in a particular workplace (for example, employers, employees, industrial organisations or state, territory and Commonwealth governments)
Elaboration | ACHEK042 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK042
examining changes to the roles of employees in the workplace (for example, the increasing encouragement for workers to show initiative or act as intrapreneurs)
Elaboration (1) | ACHEK042 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK042
identifying employer responsibilities to workers and the government (for example, superannuation, paid parental leave, income tax, company tax or the Goods and Services Tax (GST))
Elaboration (2) | ACHEK042 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK042
discussing the responsibilities of government in improving the conditions of workers (for example, work health and safety, equal employment opportunity, anti-discrimination laws)
Elaboration (3) | ACHEK042 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES043
establishing questions and/or hypotheses to form the basis of an investigation into a selected issue or event (for example, by asking questions about why it is increasingly important for businesses to seek a competitive advantage or establishing a hypothesis …
Elaboration | ACHES043 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES043
devising the steps needed for an investigation and modifying the questions and the plan to respond to changing circumstances
Elaboration (1) | ACHES043 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES043
generating ideas about possible class or school projects and collaboratively developing a plan to guide the project
Elaboration (2) | ACHES043 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES044
collecting relevant data and information (for example, researching the current Australian and global financial landscape or ways to manage financial risks and rewards)
Elaboration | ACHES044 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES044
using strategies to determine the reliability of information collected (for example, taking into account the author, purpose, audience, medium)
Elaboration (1) | ACHES044 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES044
explaining assumptions or missing information in sources that may affect the reliability of an opinion about the issue
Elaboration (2) | ACHES044 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES045
organising the data and information collected into a form that shows the different perspectives around an issue/event (for example, the impact of global events on participants in the Australian economy)
Elaboration | ACHES045 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES045
using data to make predictions about future trends (for example, the way businesses operate in the global economy or trends in Australia’s trade with countries of the Asia region)
Elaboration (1) | ACHES045 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES046
identifying and comparing possible alternatives to address a problem such as how to manage over-indebtedness
Elaboration | ACHES046 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES046
evaluating the costs and benefits of a range of alternatives such as strategies for a business seeking to remain competitive in the global market
Elaboration (1) | ACHES046 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum