ACHASSK151

The reasons businesses exist and the different ways they provide goods and services

Elaborations

• identifying why businesses exist (for example, to produce goods and services, to make a profit, to provide employment) and investigating the different ways that goods and services are provided to people such as through shopping centres, local markets, online, small independent stores, remote community stores (Skills: Literacy, Critical and Creative Thinking, Ethical Understanding)
• explaining the difference between not-for-profit and for-profit businesses (Skills: Literacy, Critical and Creative Thinking, Ethical Understanding)
• distinguishing between businesses in the primary, secondary and tertiary industry sectors and discussing what they produce or provide (such as agriculture and mining; textiles and food; and information, tourism and telecommunications) (Skills: Literacy, Critical and Creative Thinking)

(View this topic on www.australiancurriculum.edu.au )