2. Research another Aboriginal and Torres Strait Islander entrepreneurial venture. Typing ‘Aboriginal and Torres Strait Islander entrepreneurs’ into your browser will give you a good start. 3. Identify an Aboriginal and Torres Strait Islander business that interests you. Access its website and visit the ‘About us’ section to answer the following questions. a. What does the business sell? b. Does the business have a ‘proýt for purpose’? What aims does the business have? c. How did the entrepreneur behind the business achieve success? d. Does the business partner with other businesses or government agencies? e. What attributes are the owners of the business likely to have?
17.7
Exercise
Learning pathways LEVEL1 1, 2, 3, 4
LEVEL2
LEVEL3
5, 6, 7
8, 9, 10
REMEMBER AND UNDERSTAND 1. Complete the following sentence: Social traders, proýt for purpose and social enterprise business have similar _________. They are motivated not only to make a __________, but also to ___________ a public or community cause. 2. Determine if the following statements are true or false. a. Social traders, proýt for purpose and social enterprise businesses are the same as charities. b. Aboriginal and Torres Strait Islander entrepreneurs tend to pursue proýt-generating activities while supporting remote and rural communities. c. The government offers no support for Aboriginal and Torres Strait Islander entrepreneurs. 3. Aboriginal and Torres Strait Islander entrepreneurs often prefer the sole trader / cooperative / partnership business model because it is based around the idea of democratic ownership and control by the people who created / run / use the business. 4. Explain what is meant by a social enterprise. 5. Outline why Aboriginal and Torres Strait Islander entrepreneurs seek to support their local communities. APPLY AND ANALYSE Interpreting and analysing 6. Explain what is meant by a ‘partnership’ and outline how this is different from a ‘cooperative’. 7. Read the case study on Muru Ofýce Supplies (MOS). a. Outline what the business sells. b. Explain how this business helps the local Aboriginal and Torres Strait Islander community. 8. Explain how Muru Ofýce Supplies makes use of partnerships to increase sales. 9. After reading the case study on MOS, list the values that the owner and founder might have. 10. Justify why it is important for Aboriginal and Torres Strait Islander entrepreneurs to receive support. Answers and sample responses for this topic are available online.
TOPIC17 Working for a living 615
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