Economic contributions refer to the ways in which businesses provide and contribute finances back to the Australian government and its economy, such as through taxes
Employment involves businesses employing workers and providing them with income to purchase goods and services
Economic growth is the increase in value of production of goods and services in an economy, usually monitored over a period of one year
International trade is the exchange of goods and services between countries and can be measured through the balance of payments
Taxation revenue is money received from the state or nation's taxpayers, including businesses
Infrastructure includes roads, transport, electricity, gas, internet, and other essential services provided by various levels of government
R&D (Research and Development) refers to identifyingnewproducts and technologies for potentialdevelopment, through observingproducttrends.
Government investment in R&D refers to government procedures and programs that support entrepreneurial systems
Council grants are money and incentives provided to businesses and individuals to pursue business ideas and development
School-basededucationalprograms involve differentlevels of government and associations in educationalprograms for students at secondary and primary levels
Market research is a systematicapproach that assists businesses in making decisions about consumers and the marketplace
Refiningthebusinessconcept involves making changes to the product after analyzing market research to make it more attractive to customers
Feasibility study is initialresearch required to determine whether a business concept is viable and likely to succeed
Social contributions refer to the waysinwhichbusinesses give back to the overallwellbeing of Australians, such as through providing mental health services
Wellbeing refers to the overall happiness and wellness of a nation
Environment includes the surroundingplaces such as bodies of water and land
Decision-making refers to the process of makingachoice by identifyingoptions, gatheringinformation and assessingalternativesolutions
Businessgoals represent the aspirations of the business and describe what a business aims to accomplish in the future
Entrepreneurship is the process of designing, launching, and running a new business, involving the willingness to develop and manage a business along with any risks
Fulfilling a market need refers to recognizing that there is a service or product not available in the market
Independence refers to being in control and assuming responsibility for decision-making
Freedom and flexibility refer to having the freedom to innovate and problem-solve without needing to ask permission, including more potential for flexible working hours and conditions
Success and wealth refer to potential wealth and financial independence if the business is successful
Fulfilling a social need refers to starting a business to give back or provide a service to benefit society
To make a profit refers to being able to keep some of the revenuegenerated by the newbusiness
Being your own boss refers to working for oneself, providing the ability to keep profits earned, have flexibility regarding hours and location, and control all decisions
Employment refers to starting one's own business to gain employment (ajob) and astableincome
Economic growth 

The increase in value of production of goods and services in an economy, in a given period (usually one year)
International trade

The exchange of goods and services between countries and can be measured through the balance of payments
Taxation revenue 

Money that is received from the state's or nation'staxpayers, including businesses
Infrastructure 

Roads, transport, electricity, gas, internet and other essential services provided by variouslevels of government
Qualities refer to the personal characteristics of an individual that make up their personality and determine how they act in a situation
Resilience refers to being prepared to persist and persevere over the long term
Flexible refers to being able to change directions when required by making decisions quickly and adeptly
Skills refer to the ability to do something well, gained through training and experiences
Communication skills are the ability to convey or share ideas and feelings effectively
Planning skills are the ability to coordinate and organize all aspects of a business, including time management
Market opportunities involve recognizing changes in the market such as society's needs and wants, and producing products that people want to purchase
Customer needs refer to recognizing changes in consumer demands and taking advantage of these
Global Markets refer to looking overseas for innovation and importing ideas that have not yet reached Australia