10BUS

10 Business Studies

Subject Description

Teacher in Charge: Mei Ng.

Year 10 Business is a half-year course. This course will build on the skills developed in the Yr 9 Social Studies topic on “People’s allocation and management of resources and people’s participation in economic activities”. As well as further developing their personal financial literacy skills, students will also start to develop business financial and decision making capabilities. The context for this will be producing a product with an emphasis on costing and pricing. The course is a project-based learning experience which provides an understanding of business functions, the marketing mix, advertising strategies and entrepreneurship. Students may work in pairs or small groups to develop and produce their Market Day products. The course will develop critical thinking skills, entrepreneurship and creativity. This will also provide students with a foundation for the Level 1 Business (Commerce) course in 2025.

Pre-requisites: None

Materials Fee: Nil

Subject Overview

Term 1
Students will be learning to:
Defining the organisation of a business
Relating the typical roles in a business.
Describe and explain the different stakeholders in the business/economy.
Interpret the basics of market research.
Identifying and describing the Marketing Mix.
Apply the Marketing Mix to undertake market research to create a presentation for a product.
Identify a variety of advertising strategies.
Devising an advertising strategy in response to a brief

Term 2
Students will be learning to:
Participate in a group, with a specific role with responsibilities.
Identify a problem and an innovative way to solve it.
Complete a Lean Canvas.
Develop a product or service using the 4P’s.
Plan elements of production required to take the product to market.
Complete a budget forecast.
Conduct a market day
Interpret and prepare simple cash flows and income statements.
Understands importance and differences of costs, price, revenue and profit.

Social Sciences

Assessment Information

Students apply the Marketing Mix to research a chosen product, and then present their findings. (30%)
Students to complete a test on financial statements (30%
Students prepare Lean Canvas for their planned business activity at Market Day and reflection. (40%)