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Elaboration ACHES033

organising and categorising data and/or information (for example, constructing a table showing the differences between types of businesses)

Elaboration ACHES036

applying informed decision-making skills to familiar and new situations (for example, helping the family decide what products they need to purchase during the week)

Elaboration ACHEK038

identifying participants in the open Australian economy including household, business, finance, government and foreign sectors

locating a range of products in the local shopping centre that were produced overseas, and proposing reasons why they were not produced in Australia (for example, comparative advantage and gains from specialisation and trade)

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 ACHES046

identifying and comparing possible alternatives to address a problem such as how to manage over-indebtedness

Elaboration (4) ACHEK027

identifying reasons government intervenes in the market (for example, to improve economic performance and remedy market failure)

Elaboration (2) ACHES026

discussing the consequences of an economic or business decision, and reflecting on the effect of alternative actions

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 (3) ACHES037

discussing and reflecting on the consequences of a proposed action, and those of the alternative actions

Elaboration ACHEK019

investigating successful entrepreneurs and identifying the behaviours and skills that they bring to their business (for example, seeing and taking advantage of an opportunity, establishing a shared vision; demonstrating initiative, innovation and ent …

Elaboration (1) ACHES023

using data to make predictions about future trends (for example, the trend of shopping online, trends in working hours or how people work)

Elaboration ACHES026

communicating findings in different formats such as graphs, tables, spreadsheets, visual displays and reports

Elaboration (1) ACHEK029

investigating the ways the rights of consumers are protected through the law (for example, warranties, cooling off periods)

Elaboration ACHEK031

investigating present influences on the ways people work, such as technological change, outsourced labour in the global economy, rapid communication changes, casualisation of the workforce

Elaboration (1) ACHES033

accessing reliable information (for example, from departments of fair trading) to access advice on the rights and responsibilities of consumers and businesses, or finding information on strategies to resolve consumer and business disputes

Elaboration ACHES034

interpreting data in tables, charts and graphs to identify relationships (for example, correlations between the location of groups and access to work opportunities)

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 (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 (3) ACHEK039

investigating the activities of transnational corporations in supply chains and global business activities

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