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Elaboration (1) ACHEK017

examining how businesses respond to the demands of consumers (for example, preference for healthy options, environmentally friendly packaging or organic food)

Elaboration (1) ACHEK019

observing local businesses to identify factors that contribute to their success (for example, location, quality of service, a high-quality product, sound management practices)

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

applying enterprising behaviours to a class activity (for example, by taking on a leadership role in a project, establishing goals, accepting responsibility, and negotiating and working with others during the investigation)

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 ACHES024

examining the trade-offs involved in making choices about how to earn an income (for example, working as an employee or owning your own business)

Elaboration (1) ACHES024

identifying the costs and benefits associated with alternatives (for example, the costs and benefits of being an employee compared with being a business owner)

Elaboration (2) ACHES026

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

Elaboration (2) ACHES025

identifying links between entrepreneurial behaviour and successful businesses

Elaboration (3) ACHEK017

considering how consumers might influence producers in other countries, such as those in the Asia region, to provide goods and services

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Cross Curriculum Priorities