Stage 2 | Subject outline | version control

Business Innovation Stage 2
Subject outline

Version 2.0
For teaching in Australian and SACE International schools from January 2022 to December 2022.
For teaching in SACE International schools only from May/June 2022 to March 2023.
Accredited in August 2018 for teaching at Stage 2 from 2020. This subject replaces Business and Enterprise. Refer to subject changes.

Stage 2 | Subject outline | Capabilities | Numeracy

Numeracy

In this subject students extend and apply their numeracy capability by, for example:

  • collecting, synthesising and evaluating quantitative data from a range of sources
  • determining the commercial viability of a business or idea
  • applying financial tools to determine total revenue and costs of business 
  • developing financial information for a business plan
  • identifying financial KPIs
  • analysing financial information to measure performance against KPIs and identifying areas of risk
  • synthesising, evaluating, and communicating financial information for decision-making.