Economics & Business

Characteristics of success

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 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 investigate wool-industry entrepreneurs and identify the behaviours and skills they bring to their business, for example establishing a shared vision; demonstrating initiative, innovation and enterprise, observe local businesses to identify factors that contribute to their success, for example location, quality of service, a high-quality product, sound management practices.

Knowledge and understanding | Economics and business

Characteristics of entrepreneurs and successful businesses (ACHEK019)

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)


All PDFs can be saved for use in the classroom; either on individual computers, laptops and tablets or smartboards, or they can be reproduced as hard-copy handouts.