SSBU5.1.1 SA mapping

BUSINESS INNOVATION

Existing business

Finding and solving problems

  • use business and customer information to iteratively propose and develop solutions
  • develop and apply strategies to test and refine proposed solutions, making effective decisions during the process.

Financial awareness and decision-making

  • analyse and respond to business and financial information that confirms or denies their initial hypotheses and assumptions.
  • assess ongoing cash flow requirements of the business.

Business information and communication

  • identify business information needs and implement appropriate data collection strategies
  • analyse and communicate business information in order to provide business intelligence to the decision-making cycle
  • select and use appropriate communication strategies and tools to engage effectively with other students, co-workers, potential investors, and/or customers.