The wool industry has a wide range of case studies and business management tools, which students can utilise to develop an understanding of the key success factors in managing a healthy business and a rewarding lifestyle.
The following curriculum-based resource package includes a variety of interactive resources, including downloadable PDF factsheets, websites, age-appropriate video-clips and publications.
A range of Learn About Wool (primary and secondary) factsheets is available to meet the needs of a wide range of students, and can be accessed from this site.
Links with the Australian Curriculum
Students can investigate the following resources to help them prioritise short-term personal financial objectives and identify how these objectives can be achieved, for example through developing a budget, explain how financial records such as income statements, budget and cash flow inform business decision-making, explore ways businesses manage finances and plan in the short and long term, for example by developing a business plan.
Knowledge and understanding | Economics and business
Why and how individuals and businesses plan to achieve short-term and long-term personal, organizational and financial objectives (ACHEK018)
Business skills | Economics and business
Opportunities exist to incorporate the full strand depending on the classroom activity being undertaken (ACHES021, ACHES022, ACHES023, ACHES024, ACHES025, ACHES026)