AC9HE7K02
the reasons businesses exist and how different types of businesses provide goods and services
Elaborations
- AC9HE7K02_E1identifying 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 and remote community stores
- AC9HE7K02_E2identifying the features of different types of businesses, including sole proprietorship, partnership, cooperative, corporation, franchise and not-for-profit organisation
- AC9HE7K02_E3investigating a business owned by First Nations Australians, exploring the types of goods and services offered and why this business was started
- AC9HE7K02_E4identifying examples of different types of businesses that sell goods and/or services in the local community; for example, a sole proprietor operating a car yard, a partnership providing legal services or a corporation selling groceries through a chain of supermarkets
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