Year 8 Business and Economics
  • Economics/Markets
    • Week One - Markets >
      • Lesson 1 - Economics and business concepts
      • Lesson 2 - Markets
    • Week Two >
      • Lesson 3 - Markets Case Study
      • Lesson 4 - circular flow model
    • Week 3 - Economic Systems >
      • Lesson 5 - The four Economic Systems
      • Lesson 6 - The Command Economic System
    • Week 4 - Government involvement in the Market >
      • Lesson 9 - Government and the Economy
      • Lesson 10 - Taxation
      • Lesson 11 - Assignment and Government Spending
    • Week 5 - The Future of work >
      • Lesson 13 - Influences on the way people work - Technology and artificial intelligence
      • Lesson 14- Influences on the way people work - Outsourcing
    • Week 6 - Working conditions >
      • Lesson 16- Working conditions and child labour
    • Week 7 - Types of Industries >
      • Lesson 23- Types of Industries - The manufacture Process (Primary, Secondary, Tertiary)
    • Week 8 - Consumers and Producers >
      • Lesson 24- Legal and social responsibilities of businesses
      • Lesson 25- Socially responsible businesses - The Body Shop
      • Lesson 26- Consumer law in Australia
  • glossary
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Lesson 3 - Markets Case Study

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Starter question:
Think about a business you are a consumer of (subway, nike, foxtel, etc.)
Who do you think their target market is (their main consumer) and why is this?

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Aim:
​To research, compare and contrast 2 Australian businesses in the same market.

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At the completion of this lesson, students should be able to:
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Compare and contrast two businesses in a market (size, type of product, annual revenue earned, employment, current trends)

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​Working in pairs, read through the case study 'McDonalds vs Subway' and answer the questions provided.

Link to case study below
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mcdonalds_vs_subway_-_case_study_plus_questions.docx
File Size: 31 kb
File Type: docx
Download File

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Lesson Extension: (for early finishers only)
Working individually, choose two businesses that are in competition with each other (Netflix vs Foxtel, Coles vs Woolworths, Shell vs Caltex)
Use your research skills to answer the following questions:
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1. How many workers does the business employ in Australia?
2. How many stores in Australia?
3. What type of goods/service does each business produce?
4. Who is the target market for each business?
​5. What is the annual profit for each business? 






Plenary:
​Think about the stores at Lakeside Joondalup. Name one store that has teenagers as their target market
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  • Economics/Markets
    • Week One - Markets >
      • Lesson 1 - Economics and business concepts
      • Lesson 2 - Markets
    • Week Two >
      • Lesson 3 - Markets Case Study
      • Lesson 4 - circular flow model
    • Week 3 - Economic Systems >
      • Lesson 5 - The four Economic Systems
      • Lesson 6 - The Command Economic System
    • Week 4 - Government involvement in the Market >
      • Lesson 9 - Government and the Economy
      • Lesson 10 - Taxation
      • Lesson 11 - Assignment and Government Spending
    • Week 5 - The Future of work >
      • Lesson 13 - Influences on the way people work - Technology and artificial intelligence
      • Lesson 14- Influences on the way people work - Outsourcing
    • Week 6 - Working conditions >
      • Lesson 16- Working conditions and child labour
    • Week 7 - Types of Industries >
      • Lesson 23- Types of Industries - The manufacture Process (Primary, Secondary, Tertiary)
    • Week 8 - Consumers and Producers >
      • Lesson 24- Legal and social responsibilities of businesses
      • Lesson 25- Socially responsible businesses - The Body Shop
      • Lesson 26- Consumer law in Australia
  • glossary
  • New Page