Technology and Globalisation
how a business acquires its inputs.
What is sourcing?
a resource that can be replenished naturally over time.
how well designed, made and functional goods are, and the overall degree of competence with which services are organised and delivered.
What is Quality?
the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
What is the Law?
a percentage at which an individual or corporation is taxed.
What is taxation rates?
goods and services bought by people and businesses in one country from another country
a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption.
What is a non-renewable resource?
This can be done by outsourcing, using cheaper inputs, updating technology, reducing quality, relocating operations to a cheaper location.
What is Cost Based Competition?
expenses associated with meeting requirements of legal regulations.
What is Compliance Costs?
Government policies that manage risks to the health and safety of everyone in your workplace.
What is WHS?
goods and services sold by domestic businesses to people or businesses in other countries.
What are Exports?
efficient operation that do not waste resources, minimises environmental damage and produces products which add value to the lives of customers and other stakeholders.
What is Environmental Sustainability?
when a business can produce a product or provide a service at a lower cost than its competitors.
What is Price Advantage?
a form of insurance payment to employees if they are injured at work or become sick due to their work.
What is Worker's Compensation?
refers to the relationship between or among an employer and its employees.
What is Employee Relations?
the name of technology that is regularly used in business environments, and is not innovative
What is Established Technology?
business operations that are not harmful to society or the environment.
What is Social Responsibility?
The quality of design, fitness for purpose, durability of a product.
refers to legislation designed to prevent discrimination against particular groups of people.
what is anti-discrimination law?
A tax that was introduced in 2011 to try and offset carbon emissions
What is Carbon Tax?
a procurement strategy in which a business buys goods and services from international markets across geopolitical boundaries to save money.
What is Global Sourcing?
that current generations should preserve and improve natural resources and conditions in order for future generations to enjoy similar standards of living
What is Intergenerational Equity?
level of customisation, reliability of service provider, professionalism of service provider. Can be a major driver of customer loyalty.
What is Quality Expectations of Services?
provides the administrative framework for the tax laws in Australia.
what is Taxation Act 1953?
an industry involving physical labor and characterized by mechanical skill and training
What is Trade Industry?