Multiple Choice
Competitive Advantage is when...
b) is in a superior position compared to other businesses.
Collaboration tools
What is the HR strategy, Remote Work Opportunities
It means you can work from places other than an office, such as a home, or elsewhere.
Trade Unions do what?
Represent employees to ensure fair working conditions and their rights are upheld
What type of strategy is developing a unique logo and brand identity?
marketing strategy
What types of entrepreneurial skills did Atlassian use to identify and address a gap in the market?
Atlassian demonstrated creativity, risk-taking, and strategic thinking.
A business gains a competitive advantage because they don't have to pay to maintain and rent office spaces for all their employees. They also don't have to buy supplies and desks for everyone. We would say they are offering...
Remote work opportunities
Which website would be considered a reliable source?
a) https://www.fairwork.gov.au/
b) google AI Overview
c) https://www.reddit.com/r/AskAnAustralian/comments/1amkyof/right_to_disconnect_good_or_pointless/
How can entrepreneurship help a business gain a competitive advantage?
A) By copying successful ideas from other businesses
B) By creating innovative products or services that meet customer needs
C) By reducing customer service support to save costs
D) By focusing only on existing products without change
B) By creating innovative products or services that meet customer needs.
What does these two strategies help Atlassian to do?
- 'Team anywhere' policy- enabling employees to work remotely from any location that best suits their lifestyle and productivity.
- Access to training and mentorship programs.
Attract and retail talented staff
EAP (employee assistance program) is an example of what type of program.
Wellness and support program
Signing out of work emails on my phone and avoiding checking them out of work hours- What would be the benefit to the employee?
Better mental health, they get a break.
What type of strategy is hosting community events and supporting local charities?
Public relations strategy
Social media campaigns, such as videos or posts showing customer success stories are an example of what type of strategy?
Marketing
Why would an employee want to work for a company where they are given learning and development opportunities?
Because they can learn, increase knowledge, and gain skills to be able to do more in the future.
People not checking phones and work emails when they are not working, means they spend more time checking emails and catching up on messages when they get to work instead of being productive and doing their actual work. Who does this impact? Is it an advantage or disadvantage?
The employee / business (disadvantage)
True or False:
A entrepreneurship strategy is when a business introduces a loyalty program that rewards repeat (loyal) customers with discounts and exclusive offers.
False.
That would be an example of a marketing strategy.
Atlassian creates products that help users collaborate. What are some of the online tools students and staff at Kurnai might use to collaborate and complete working tasks?
Teams, outlook (email), compass
HR strategy- learning and development opportunities.
Selim is a consultant and is working on a major project for a client. Selim has 2 young children. He has flexible working arrangements and his working hours are 7.30 am to 4 pm so that he can pick up his children from daycare.
At 4.30 pm on a Tuesday afternoon, Selim’s supervisor, Ava, is copied into an urgent email to Selim from the client. Ava considers whether to contact Selim and ask him to action the client’s request.
Should Ava contact Selim?
No- Right to disconnect
Ava knows that Selim is on his way to pick up his children and it’s unlikely that he’ll be able to deal with the request.
Ava asks another consultant to help the client and will update Selim when he returns to work. Ava’s decision is appropriate given Selim’s family responsibilities and the fact that another employee could resolve the issue.