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The World of Work · Term 2

Identifying Market Gaps and Opportunities

Students will learn to identify unmet needs and market opportunities as the first step in entrepreneurial ventures.

Key Questions

  1. Analyze how successful entrepreneurs identify and capitalize on market gaps.
  2. Differentiate between a 'need' and a 'want' in the context of product development.
  3. Construct a method for systematically identifying potential business opportunities.

ACARA Content Descriptions

AC9HE8K02
Year: Year 8
Subject: Economics & Business
Unit: The World of Work
Period: Term 2

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