Operation
What is Total Quality Management (TQM)?
Quality management strategy that relies on continuous improvement is all business aspects.
What is Factoring?
Form of debt financing which involves a business selling its accounts receivable to a firm that specialises in collecting unpaid accounts.
Market that involves the purchasing of goods/services that go into the production of other products.
What is an Industrial Market?
A government organisation that is in place to prevent/settle industrial disputes between employees and employers.
What is the Fair Work Commission?
Relate cause and effect; make the relationship between things evident; provide why and/or how
What is Explain?
Which NRL team does Miss Spacc support?
West Tigers
Aiming to be the lowest-cost manufacturer in it's industry
What is Cost Leadership?
What is a Rights Issue?
External source of finance which has current shareholders granted a chance to purchase more stock in a company.
Category for distribution that allows for products to be available at a aide range of locations.
What is Intensive?
Term used to define when employees are no longer needed due to downsizing/closing/outsourcing.
What is Retrenchment?
Identify issues and provide points for and/or against
What is Discuss?
What was the #1 song in Triple J's Hottest 100 Australian Songs?
Never Tear Us Apart by INXS
What is Dependability?
Performance objective that focuses on the consistency and reliability of products produced.
The ability to pay current liabilities as they fall due.
What is Liquidity?
Being forced to pay a higher price for a product that is identical to another retailers.
What is Price Discrimination?
Act of two disputing parties voicing their concerns as a Fair Work Commissioner makes an unbiased judgement.
What is Arbitration?
Identify components and the relationship between them; draw out and relate implications
What is Analyse?
How many books has Miss Spacc read during Term 3?
5
What is Global sourcing?
finding suppliers who have cheaper, better quality products and more advanced technology, wherever they are in the world.
Steps taken by the RBA to impact the financial markets with the goals of low inflation and economic growth.
What is Monetary Policy?
Information sourced for a specific purpose. E.g. surveys, observations and experiments.
What is Primary Market Research?
Act of legislation that prohibits discrimination in the workplace based on race.
What is the Racial Discrimination Act 1984 (Cth)?
Make a judgement based in criteria;
determine the value of
Finish this song lyric from "Wonderwall" by Oasis: "because maybe, you're going to be the one that _______ me."
saves
Term used to refer to the reduction of COGS due to the larger size of the business as production costs are spread over more units.
What are Economies of Scale?
Type of financial institution that provides a source of income to investors once they retire and sells debt securities and bonds to earn returns.
What is a Super Fund?
Factor that influences choice through family, religion, culture and values.
What is Sociocultural?
Is the continuing commitment by companies to behave ethically and contribute to economic development, while improving the quality of life of stakeholders.
What is a Corporate Social Responsibility?
Make a judgement of value, quality, outcomes, results or size
What is Assess?
What is the capital city of Türkiye?
Ankara