← Business Innovation syllabus

SABusiness Innovation

Business and Society

5 dot points across 5 inquiry questions. Click any dot point for a focused answer with worked past exam questions where available.

How does a venture turn data into business intelligence that improves its decisions?

Create and apply business intelligence from data to develop and evaluate business models and plans.
How a venture creates and applies business intelligence by gathering data, identifying metrics, analysing results and acting on insight to develop and evaluate its business model and plan.
6 min answer →

How do digital and emerging technologies create both opportunities and challenges for a venture?

Analyse and evaluate the opportunities and challenges that digital and emerging technologies pose for a business.
How digital and emerging technologies such as e-commerce, automation, AI and data analytics create opportunities and challenges for a venture, and how to evaluate adopting them responsibly.
6 min answer →

How do you evaluate the social, economic, environmental and ethical impacts of a business venture?

Analyse and evaluate the social, economic, environmental and ethical impacts of a local or global business.
How to analyse and evaluate the social, economic, environmental and ethical impacts of a venture, covering the triple bottom line, sustainability, ethical sourcing and corporate social responsibility.
6 min answer →

How does a venture protect its ideas and meet its legal obligations?

Identify intellectual property and legal requirements relevant to protecting and operating a venture.
How a venture protects its ideas through trade marks, patents, copyright and designs, and meets legal obligations such as business structure, registration, consumer law and privacy.
6 min answer →

How do project management and decision-making tools turn an idea into delivered actions?

Apply project management and decision-making tools and strategies to plan and deliver a venture in a business context.
How project management tools such as Gantt charts and milestones, and decision-making tools such as decision matrices and SWOT, help plan, deliver and justify the development of a venture.
6 min answer →