Stage 1 | Subject outline | version control

Business Innovation Stage 1
Subject outline

Version 3.0
For teaching in Australian and SACE International schools from January 2023 to December 2023.
For teaching in SACE International schools only from May/June 2022 to March 2023 and from May/June 2023 to March 2024.
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.