Characteristics of entrepreneurs

Economics & Business Year 7 AC v9.0 100

Access denied

Please login or register to take this course.

Introduction

Students consider where their own strengths lie and identify actions they could take to strengthen the qualities they need to achieve their ambitions. They also explore entrepreneurial characteristics and explain how these characteristics contribute to business or personal success.

Achievement standard

By the end of Year 7, students describe how decisions are made to allocate limited resources to individuals and communities in an economy. They describe the reasons businesses exist and types of businesses, and identify how entrepreneurial characteristics contribute to the success of a business. They describe the reasons individuals choose to work, how they may derive an income and the types of work that exist. Students identify the rights and responsibilities of individuals and businesses in terms of products and services.

Students develop questions to investigate an economic and business issue. They locate, select and organise data and information from sources. They interpret information and data to identify economic and business issues, trends or effects. They develop a response and identify potential costs and benefits. Students use economic and business knowledge, concepts, terms and sources to create descriptions and explanations.

Content descriptions

Economics and Business Knowledge and Understanding

Characteristics of entrepreneurs and how these influence the success of a business (AC9HE7K03).

Economics and Business Skills

Develop questions to investigate a contemporary economic and business issue (AC9HE7S01)

Locate, select and organise information and data from a range of sources (AC9HE7S02)

Interpret information and data to identify economic and business issues, trends and economic cause-and-effect relationships (AC9HE7S03)

Develop a response to an economic and business issue, identifying potential costs and benefits(AC9HE7S04).

Create descriptions and explanations, using economic and business knowledge, concepts and terms, and referencing information and data from sources (AC9HE7S05).

Student learning resources

In order to see the resources you must Register or Login if you already have an account.

 
Quiz

What are your strengths?

 
Investigation

What does it take to become an entrepreneur?

 
How to

Writing paragraphs in Economics

Suggested activity sequence

This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group. If you assign this activity to a class, your students will be assigned all student resources on their 'My learning' page. You can also hand-pick the resources students are assigned by selecting individual resources when you add a work item to a class in 'My classes'.

Part A: Deciding on entrepreneurial capabilities

  1. Students complete the quiz.
  2. Discuss with students what they learned about themselves from the questionnaire and what they found interesting.
  3. Use a grouping strategy to organise students into groups of 3 or 4.
  4. As a class, read the instructions for part 1 of the group investigation.
  5. Give each group time to complete questions 1–3 of part 1 of the investigation.
  6. When groups have finished, combine 2 groups so that they can agree on the top 10 entrepreneurial capabilities or qualities.
  7. Invite combined groups to share their top 10 qualities and record them on the board.
  8. Discuss each quality in turn and as a class, make a short-list of no more than 15.

Part B: Investigating entrepreneurial capabilities

  1. As a class, read part 2 of the group investigation.
  2. Groups complete question 1 and share their short list of interviewees with the class.
  3. Record each group’s short list and allocate each group one person on their short list to interview. It is important that only one group interviews a person. You may have to allocate a person to a group if all their options have been allocated to other groups.
  4. Groups plan and conduct their investigations.
  5. Invite groups to share their findings.
  6. Revisit the list of capabilities recorded on the board in part A of this activity.
  7. The class collaboratively revises the list, deciding on the top 10 entrepreneurial capabilities.
  8. Students write a paragraph explaining how entrepreneurial capabilities contribute to business or personal success.

Refer students to the paragraph model.

Characteristics of entrepreneurs - Teacher instructions (PDF, 147.74 KB)

Related Activities