Elaboration (1) ACHEK054
exploring ways businesses structure their working environment to provide flexible, efficient approaches (for example, horizontal (flat) or vertical (tall) organisational structures)
Elaboration (1) | ACHEK054 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK017
exploring why businesses might set a certain price for a product (for example, because that’s what they think consumers will pay) and how they might adjust the price according to demand
Elaboration (2) | ACHEK017 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK018
explaining how financial records such as income statements, balance sheets, budgets and cash flow statements inform business decision-making
Elaboration (2) | ACHEK018 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK020
investigating alternative sources of income such as through owning a business, being a shareholder, providing a rental service
Elaboration (2) | ACHEK020 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES025
identifying links between entrepreneurial behaviour and successful businesses
Elaboration (2) | ACHES025 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES026
discussing the consequences of an economic or business decision, and reflecting on the effect of alternative actions
Elaboration (2) | ACHES026 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK027
explaining how the interaction between buyers and sellers influences prices and how markets enable the distribution and allocation of resources (that is, how do businesses answer the questions of what to produce, how to produce and for whom to produc …
Elaboration (2) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK028
investigating the innovative ways Aboriginal and Torres Strait Islander Peoples utilise their cultural knowledge in contemporary contexts in enterprising ways (for example, cultural tourism and other business ventures that harness traditional knowledge …
Elaboration (2) | ACHEK028 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK029
identifying examples of how businesses are required by government to protect the safety of consumers (for example, mandatory and voluntary standards, product safety recalls)
Elaboration (2) | ACHEK029 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK030
exploring different external factors that influence business opportunities, such as government and government policy, competitors in the market, demographics, technological innovations in production processes and product design, economic conditions, globalisation, …
Elaboration (2) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK031
predicting changes to work in the future and possible outcomes (for example, ‘What could be the effect of a changing attitude to work–life balance or the decline of some industries?’)
Elaboration (2) | ACHEK031 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES035
exploring an Aboriginal or Torres Strait Islander business or enterprise, analysing how it has responded to an issue or opportunity, and applying a cost-benefit analysis
Elaboration (2) | ACHES035 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES036
demonstrating an understanding of their rights as consumers when buying an item or returning it to the store
Elaboration (2) | ACHES036 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES037
using economics and business terms and concepts such as interdependence, market economy, market system, price setting, outsourcing, business ownership, rights and responsibilities
Elaboration (2) | ACHES037 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK038
identifying Australia’s major trading partners in the Asia region and the items of trade
Elaboration (2) | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK039
examining the implications of participating in an interdependent global economy for consumers, workers, businesses and government (for example, mapping the global supply chain for a product to identify the advantages and disadvantages for participants …
Elaboration (2) | ACHEK039 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK040
investigating different types of investment that enable people to accumulate savings for the future (for example, shares, term deposits, managed funds)
Elaboration (2) | ACHEK040 | 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 (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 (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