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WS01 - Business improvement processes

Humanities and Social Sciences, Economics and Business, Year 10

By the end of Year 10, students analyse how economic indicators influence Australian Government decision-making. They explain ways that government intervenes to improve economic performance and living standards. They explain processes that businesses use to manage the workforce and improve productivity. They explain the importance of Australia’s superannuation system and its effect on consumer and financial decision-making. Students analyse factors that influence major consumer and financial decisions, and explain the short- and long-term effects of these decisions.  

 

Students develop and modify a range of questions to investigate an economic and business issue. They locate, select and analyse relevant and reliable information and data from a range of sources. They interpret and analyse information and data to evaluate trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. They develop an evidence-based response to an economic and business issue. They evaluate a response, using appropriate criteria to decide on a course of action. Students use economic and business knowledge, concepts, and terms to develop descriptions, explanations and reasoned arguments that synthesise research findings. 

Knowledge and understanding

AC9HE10K03

factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions

Skills | Interpreting and analysing

AC9HE10S03

interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts

Skills | Evaluating, concluding and decision-making

AC9HE10S04

develop and evaluate a response to an economic and business issue, using cost benefit analysis or criteria to decide on a course of action

Skills | Communicating

AC9HE10S05

create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findings

Annotations

 

1. Uses sub-headings to organise ideas, findings and reasons.  

 

2. Identifies challenges experienced by the business, such as how to increase productivity. 

 

3. Explains the effects of business structure and workplace management on business performance. 

 

4. Uses subject-specific language such as flexibility, work environment, productivity and remotely.   

 

5. Considers the impact of decisions on business performance.

6. Uses subject-specific language such as consumers, market and trend. See also 7. 

 

7. Uses subject-specific language such as consumers, market and trend. See also 6.

 

8. Explains the economic conditions the company operates within and explores processes that may influence business success. 

9. Explains how the company uses marketing processes to increase sales. 

10. Explains the effects of business structure and workplace management on business performance.

11. Clarifies the issue to guide an evaluation of proposed actions. See also 13. 

 

12. Provides reasons for action and identifies effects. See also 14. 

 

13. Explains the impact of proposals to increase productivity and improve workplace flexibility. See also 15.

14. Clarifies the issue to guide an evaluation of proposed actions. See also 10. 

 

15. Provides reasons for action and identifies effects. See also 11. 

 

16. Explains the impact of proposals to increase productivity and improve workplace flexibility. See also 12. 

17. Uses subject-specific knowledge, such as processes to increase productivity and improve workplace flexibility.