commerce

Question 1

what is the main difference between the trade union and the employers assocation

Answer 1

The trade union looks after the workers.Employers association looks after employers

Question 2

list the main role of:

a. Trade union

Answer 2

protect the interests of the union members; for example, by undertaking campaigns and negotiations for increased pay rise

Improve the working conditions of members; for example, by monitoring healthy and safety

Question 3

list the main role of

b. employers association

Answer 3

Represent employers un dealing with trade union
Give advice and assistance on a wide range of issues such as taxation,industrial relations and employment legislation
Lobby government with their memberships views

Question 4

what gives a trade union and employers assocation their strength?

Answer 4

They gain strength by having a larger numbers

Question 5

outline the difference between voluntary and involuntary redundancy

Answer 5

voluntary redundancy occurs when the business decide how many employees should be ‘let go’. Employers who nominate themselves for redundancy packaged.When there are two few employees volunteer the business may be forced to decide which employee will be made redundant making it and involuntary redundancy

Question 6

what are employees who accept voluntary redundancy offered? what does it include?

Answer 6

After redundancy you receive a package of a sum of money. it include the payout of any unusual entitlements such as long term and termination pay.

Question 7

list one advantage and one disadvantage of outsourcing

Answer 7

Advantage
resource are used more efficiently and it provides employment opportunities
Disadvantages
In result jobs security and lack of employee entilements

Question 8

imagine you had a job you had a job making hamburgers. Would you rather be paid by the hour or piece rate? why?

Answer 8

I would chose hourly rate because your wage would only depend on how manny burgers you make

Question 9

define the term discrimination

Answer 9

discrimination occurs when a person is treated less favourably because of factors such as gender,age,ethnicity, religion or disability

Question 10

identify the groups in society which may experience discrimination

Answer 10

women
older employees
migrants and indigenous

Question 11

Define the term sexual harassment

Answer 11

Sexual harassment is when unwelcome behaviour of a sexual nature that could make a person feel humiliated or offended

Question 12

briefly outline the purpose of two piece of anti discrimination legislation

Answer 12

1. Racial discrimination ACT 1975. This act ensures that employers cannot specify particular racial and culture characteristics when advertising a position
2. Sex discrimination ACT 1984.This act makes it unlawful to discriminate on the basis on sex, pregnancy or marital status and, with respect to dismissals family responsibilities. It also prohibits sexual harassment

Question 13

what does grievance procedure mean

Answer 13

a number of predetermined steps that are followed to resolve a despite

Question 14

what does negotiation mean

Answer 14

a method of resolving disputes where the parties involved discuss the issues in an attempt to reach a compromise

Question 15

what does mediation mean

Answer 15

when a third party helps those involved in a dispute to reach a solution acceptable to both sides

Question 16

what does conciliation mean

Answer 16

Similar to mediation expect the conciliator can suggest possible solution

Question 17

what does arbitration mean

Answer 17

When an independent body makes final ( and binding ) decision on a dispute between two parties

Question 18

list at least 3 advantages of superannuation as saving/investment option

Answer 18

a forced saving scheme
The money is automatically deducted and invested
The value increase overtime
It allows you to maintain your lifestyle into old age
You are given the right to select which investment option you prefer
You can change super funds under certain circumstances
Your super fund stay active even when you change employers

Question 19

list at least 3 disadvantages of superannuation as saving/investment option

Answer 19

Most people have to wait until they are 60 before they can access their support their support funds
Super funds investments may lose value over time
The government does not guarantee the safety of super funds
Administration and management fees are changed by the super funds
Taxation must be paid on certain lump sum payment

Question 20

what do the letters WH&S stand for ?

Answer 20

Workplace health and safety

Question 21

define the term un employment

Answer 21

when people are trying to find work

Question 22

what does outsourcing mean

Answer 22

Obtain goods or a service by contract from an outside supplier

Question 23

what is unemployment- personal cost of

Answer 23

when people are trying to find work but have so far been unsuccessful the personal cost is that they wont have money through lack of income and the loss of motivation

Question 24

what does employment contract mean

Answer 24

a legally binding, formal agreement between an employee and employer

Question 25

what a labour force

Answer 25

people aged 15 and over who are either employed or unemployed

Question 26

what are the types of employment

Answer 26

full time
part time
casual
fixed term

Question 27

what a tax file nuber

Answer 27

a tax file number is a unique identifier issued by the Australian Taxation Office to each taxpaying entity- an individual, company, superannuation fund, partnership, or trust

Question 28

what dies award mean

Answer 28

A price of other mark recognition given in owner of good work

Question 29

what does primary industry mean

Answer 29

Industry involved in the growing or extracting of natural resources

Question 30

what does secondary industry mean

Answer 30

Industry involved in turning raw materials into finishes or semi-finished products

Question 31

what is a participation rate

Answer 31

The proportion of people aged 15 or over employed or actively looking for work

Question 32

what is Tertiary industry

Answer 32

Industry involved in providing a service to others

Question 33

whats Quaternary indusrty

Answer 33

Industry involved in the transfer and processing of information and knowledge

Question 34

what is Quinary industry

Answer 34

Industry involved in providing domestic services

Question 35

what income tax

Answer 35

tax levied directly on personal income.