Elaboration ACHEK030
comparing different forms of business ownership (for example, sole proprietorship, partnership, corporation, cooperative, franchise)
Elaboration | ACHEK030 | 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 (1) ACHES037
developing different presentations for different audiences such as peers, businesses or the public, and for different purposes (for example, to persuade or inform)
Elaboration (1) | ACHES037 | Content Descriptions | Year 8 | 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 (1) ACHEK030
explaining why a person or group of people would choose to establish one type of business rather than another
Elaboration (1) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES032
developing targeted questions to form the basis of an investigation of an economic or business issue or event (for example, ‘How are the prices of products determined through the interaction of participants in the market?’, 'How should a business respond …
Elaboration | ACHES032 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES037
constructing appropriate displays of information and data to show trends and relationships (for example, preparing a data show which includes visual displays including graphs and charts as well as text to present findings and conclusions)
Elaboration | ACHES037 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK027
identifying who is involved in the market system in Australia and explaining how the market operates through the interactions of the participants (for example, household, business, finance, and government sectors)
Elaboration | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES033
organising and categorising data and/or information (for example, constructing a table showing the differences between types of businesses)
Elaboration | ACHES033 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES035
identifying opportunities in the market for a business and proposing alternative ways to take advantage of these
Elaboration | ACHES035 | 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 (1) ACHEK027
identifying different types of markets that operate in Australia such as retail markets, labour markets, financial markets, stock markets
Elaboration (1) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK027
identifying examples of government involvement in the market through reallocation of resources, regulation of economic activity or redistribution of income (for example, providing some types of goods and services not being provided sufficiently by the …
Elaboration (3) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK030
identifying examples of the different ways businesses respond to opportunities in the market (for example, developing a new product to satisfy demand, changing the way they deliver their products or services to consumers)
Elaboration (3) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES032
devising the steps needed for an investigation and modifying as required
Elaboration (1) | ACHES032 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK029
distinguishing the difference between rights and responsibilities and creating a list of the rights and responsibilities of consumers and businesses
Elaboration | ACHEK029 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHES035
undertaking a cost-benefit analysis of alternative ways for a business to respond to opportunities in the market and making a decision about which one to recommend
Elaboration (1) | ACHES035 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHES037
discussing and reflecting on the consequences of a proposed action, and those of the alternative actions
Elaboration (3) | ACHES037 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK028
recognising that Aboriginal and Torres Strait Islander communities participate in contemporary markets (for example, employment, social contribution) and identifying the barriers to access to contemporary markets (for example, distance, poverty)
Elaboration (1) | ACHEK028 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK029
investigating the ways the rights of consumers are protected through the law (for example, warranties, cooling off periods)
Elaboration (1) | ACHEK029 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum