Year 10 Commerce - Running the Business

This week Darwin High School Year 10 Commerce students have been successfully operating small enterprises during recess and lunchtimes. 

By teacher, Jay Prakash

As part of the Year 10 Commerce course, students are required to undertake a practical task, which is a hands-on Business Plan and Running a Business. Students formed a partnership business in groups where they had to plan, organise, and run their businesses once a week for two weeks. 

What is interesting is to see is how students organise, market, and operate their business. They have to come up with some pretty good ideas about what will appeal and sell to their fellow students and also make a profit from their sales. By engaging in these activities students understand that the world of Commerce and Business is an active and exciting place, which might not be easy, but is full of surprises and challenges.

The nature of businesses ranged from hot foods, freshly made bubble tea, muffins, snack foods, honey crackers, ice cups, jelly cups, chips and nuggets, burgers, and bath soaps.

In a short time, students were able to gain knowledge, skills, and some experience in the general operation of a small business. The main aim is to expose the students to some important elements of running a business such as setting goals, marketing, communication, management, financial record keeping, and evaluation.

The students operate the business during lunchtime and have done well so far considering the limited time constraint. The students have been conducting their businesses with great professionalism and should be very proud of their efforts.

Congratulations to everyone who has been involved.