Descriptors›Humanities and Social Sciences›Year 10›Knowledge and understanding›Economics and Business›AC9HE10K05
AC9HE10K05 Year 10 Humanities and Social Sciences

AC9HE10K05 | Year 10 Economics and Business: Economics and Business

Content Descriptor

Content descriptor processes that businesses use to manage the workforce and improve productivity, including the role of entrepreneurs
Strand
Knowledge and understanding
Substrand
Economics and Business

This content descriptor sets out learning for Year 10 Economics and Business. Use it to plan lessons and assessment with the Australian Curriculum v9.

Elaborations

  • • Elaboration investigating the processes corporations, government and non-government organisations use to support start-up businesses, promote the success of business ventures or create relationships between businesses; for example, Indigenous Business Month Awards, First Nations Chambers of Commerce or the Registrar of Indigenous Corporations
  • • Elaboration investigating the processes used by First Nations Australian businesses and other organisations to improve workforce participation; for example, cross-cultural training programs, "Closing the gap" initiatives or corporate commitments to diversity and inclusion in employment
  • • Elaboration identifying and explaining strategies for improving workforce management; for example, horizontal or vertical organisational structures, transparency in decision-making, encouragement of workers to show initiative, paid parental leave, flexible work arrangements, employer responsibilities to workers and government
  • • Elaboration identifying and explaining strategies that improve productivity; for example, training or upskilling, capital investment, increasing research and development, investment in applications of technologies, use of just-in-time inventory systems or collection, and analysis of data to inform product development or service delivery
  • • Elaboration explaining how entrepreneurs lead responses to changes in global and domestic economic conditions and use technologies to drive innovation; for example, influencing approaches to waste management or sustainable use of energy

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