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Welcome to the NSW Curriculum website

NSW Curriculum
NSW Education Standards Authority

7–10Commerce 7–10 Syllabus

Record of changes
Implementation from 2027
Expand for detailed implementation advice

Content

Life Skills

Life Skills for Stage 4/5

Through collaborative curriculum planning, it may be decided that Life Skills outcomes and content are the most appropriate option for some students with intellectual disability.

The business environment

This content aligns with course content from the following focus areas:

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The nature of business
  • The role of businesses

  • Types of businesses

  • Goals of businesses

Factors affecting business performance
  • What businesses need to do to be successful

  • Ways that businesses can increase sales

  • Ethical and social ways businesses contribute to society

Entrepreneurship
  • What entrepreneurs do

  • Characteristics of an entrepreneur

  • Entrepreneurs from a range of backgrounds and experiences, including Aboriginal and Torres Strait Islander Peoples, migrants and people with disability

Planning and running a small business
  • Features of a small business

  • Reasons for starting a small business

  • Factors to consider when planning to start a small business

  • Staffing and resourcing a small business

  • Ways to promote a small business

  • Laws that apply to a small business

  • Purpose of the goods and services tax (GST)

Maintaining financial records
  • What financial records are

  • How financial records are used

  • Reasons for maintaining financial records

  • Types of financial statements

  • How to interpret financial statements

Promoting and selling
  • Target markets for different goods and services

  • Types of promotional techniques for target markets

  • The role of the media in promoting goods and services

  • The impact of technology, including social media, on promoting and selling goods and services

  • The responsible use of promotional practices

Thinking, researching and communicating
  • Investigate a current issue in relation to the business environment

  • Communicate solutions and/or actions in response to the current issue investigated

  • Create an oral, visual, written or multimodal text to communicate ideas relating to the business environment

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