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NSW Curriculum
NSW Education Standards Authority

7–10Commerce 7–10 Syllabus

Record of changes
Implementation from 2027
Expand for detailed implementation advice

Content

Stage 4

The business environment (core)
The nature of business
  • The goals of a business

  • The types of businesses and their features

  • The importance of inputs, transformation processes and outputs in a business

Factors affecting business performance
  • The recruitment and selection of skilled staff and the impact on business performance

  • How competition affects businesses

  • The processes that businesses use to create and maintain a competitive advantage

  • The impacts of the business cycle, including booms and recessions

  • The importance of ethical decision-making and corporate social responsibility

  • Evaluation of business performance using actual and/or hypothetical business situations

Entrepreneurship
  • The characteristics of entrepreneurship and how they can influence the success of a business

  • The benefits of adopting an entrepreneurial mindset

  • The contributions of entrepreneurs to society, including Aboriginal and Torres Strait Islander entrepreneurs

Thinking, researching and communicating
  • Investigate a current issue in relation to the business environment, and communicate findings using relevant subject-specific terminology in written, oral, visual or multimodal form

  • Create written texts to explain and analyse aspects of the business environment

Related files