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WS01 - Characteristics of entrepreneurs

Humanities and Social Sciences, Economics and Business, Year 7

By the end of Year 7, students describe how decisions are made to allocate limited resources to individuals and communities in an economy. They describe the reasons businesses exist and types of businesses, and identify how entrepreneurial characteristics contribute to the success of a business. They describe the reasons individuals choose to work, how they may derive an income and the types of work that exist. Students identify the rights and responsibilities of individuals and businesses in terms of products and services.  

 

Students develop questions to investigate an economic and business issue. They locate, select and organise data and information from sources. They interpret information and data to identify economic and business issues, trends or effects. They develop a response and identify potential costs and benefits. Students use economic and business knowledge, concepts, terms and sources to create descriptions and explanations. 

Knowledge and understanding

AC9HE7K03

characteristics of entrepreneurs and how these influence the success of a business

Skills | Evaluating, concluding and decision-making

AC9HE7S04

develop a response to an economic and business issue, identifying potential costs and benefits

Skills | Communicating

AC9HE7S05

create descriptions and explanations, using economic and business knowledge, concepts and terms, and referencing information and data from sources

Annotations

 

1. Uses sub-headings to organise and present ideas and examples of business practices.  

 

2. Uses subject-specific language such as entrepreneur, production and sales.

 

3. Identifies examples of entrepreneurial knowledge and skills used in a business context.

 

4. Demonstrates the use of subject-specific knowledge such as planning, marketing and people skills to inform or persuade.

5. Describes the importance of leadership and teamwork to the operation of a business. 

 

6. Connects a personal experience to the operation of a business.

7. Forms a conclusion about the role of entrepreneurial knowledge and skills in creating a successful business. 

 

8. Identifies the benefits of entrepreneurial knowledge and skills.