AC9HE8K02 Year 8 Humanities and Social Sciences

Content descriptor different ways that businesses adapt to opportunities in the market and respond to the changing nature of work

Elaborations

• • Elaboration discussing how businesses identify needs, niches and gaps in established markets to guide the development of specific services or products to address these opportunities; for example, electric cars and solar power
• • Elaboration identifying where businesses have used technologies to streamline or gain efficiencies in existing business models; for example, ride share, food delivery applications and online retail
• • Elaboration explaining current influences on the ways people work; for example, technological change, outsourced labour in the global economy, rapid communication changes, casualisation of the workforce
• • Elaboration identifying and explaining changes to the workforce over time; for example, the jobs available, the way individuals or businesses value particular work, career length and human resource development, changing demography, corporate social responsibility, sustainability practices, changes to workplace laws