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Stage 1 | Subject outline | version control
Business Innovation
Stage 1
Subject outline
Version 4.0
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.
Stage 1 | Subject outline | Capabilities | Literacy
Literacy
In this subject students extend and apply their literacy capability by, for example:
- communicating the market potential of a product or service, or viable new global and local business
- using product/service development tools such as the value proposition canvas to document observations and incorporate feedback
- responding to information that confirms or denies their initial hypotheses and assumptions
- communicating business information in order to provide business intelligence to the decision-making cycle
- proposing, developing, and testing business communication strategies and tools to target identified customer segments and key stakeholders
- selecting and using appropriate communication strategies and tools to engage effectively with students, co-workers, potential investors, and/or customers
- collecting and synthesising business and customer information to analyse the problem through tools such as root cause analysis
- communicating the existing and future revenue streams and cost structures associated with the business model.