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Economics and business / Year 10 / Economics and Business Knowledge and Understanding

Curriculum content descriptions

The ways businesses respond to changing economic conditions and improve productivity through organisational management and workforce management (ACHEK054)

Elaborations
  • describing ways in which businesses can improve productivity (for example, training, capital investment, investment in applications of technology, use of just-in-time inventory systems)
  • exploring ways businesses structure their working environment to provide flexible, efficient approaches (for example, horizontal (flat) or vertical (tall) organisational structures)
  • exploring the use of technology and the extent to which it has driven and allowed innovative responses by business
  • exploring the reasons for triple bottom line business planning and the possible implications for employees, competitors and the broader economy
  • identifying ethical and unethical workplace practices and investigating the impact of these practices on individuals
  • investigating ways that businesses have responded to improving economic conditions (for example, increasing their research and development funding to create innovative products, adjusting marketing strategies to expand their market share, upskilling their workforce to improve productivity)
General capabilities
  • Critical and creative thinking Critical and creative thinking
  • Ethical understanding Ethical understanding
ScOT terms

Design,  Human resource management,  Productivity

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Sample Teaching and Learning Outline: Humanities and Social Sciences Year 10

Find ideas and relevant links for teaching Year 10 History, Geography, Civics and Citizenship and Economics in this resource.

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The Conversation: innovation

A series of articles exploring the concept of innovation, including how governments can promote innovation, investment, science, and technology. The articles are authored by experts from universities in Australia and around the world. The collection is regularly updated with new contributions.The articles are clearly written ...

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Work sample Year 10 Economics and Business: Business improvement processes

This work sample demonstrates evidence of student learning in relation to aspects of the achievement standards for Year 10 Economics and Business. The primary purpose for the work sample is to demonstrate the standard, so the focus is on what is evident in the sample not how it was created. The sample is an authentic representation ...