Explain how the drivers of globalisation influence the strategies used by business in Australia to achieve effective employment relations. - HSC - SSCE Business Studies - Question 27 - 2010 - Paper 1
Question 27
Explain how the drivers of globalisation influence the strategies used by business in Australia to achieve effective employment relations.
Worked Solution & Example Answer:Explain how the drivers of globalisation influence the strategies used by business in Australia to achieve effective employment relations. - HSC - SSCE Business Studies - Question 27 - 2010 - Paper 1
Step 1
Identify the drivers of globalisation
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Answer
Globalisation is influenced by various drivers, including technological advancements, trade liberalisation, and economic interdependence. In Australia, businesses must consider how these drivers reshape their operational landscapes and employee relationships.
Step 2
Discuss the impact of technological advancements
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Answer
The rise of technology enhances communication and collaboration, allowing Australian businesses to manage a diverse workforce. This requires strategies that promote inclusivity and flexibility, thereby improving employment relations.
Step 3
Examine trade liberalisation
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Answer
Trade liberalisation has opened up Australian businesses to international markets. Companies must develop employment strategies that align with global best practices, including competitive compensation, ongoing training, and fostering strong employer-employee relationships.
Step 4
Analyze economic interdependence
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Answer
As Australian businesses increasingly rely on international suppliers and markets, they must adopt strategies that enhance cross-cultural communication and understanding. This ensures positive employment relations within a global context.
Step 5
Conclude with effective employment relations strategies
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Answer
To achieve effective employment relations, Australian businesses should implement clear communication channels, provide professional development opportunities, and cultivate an inclusive workplace culture that acknowledges the diverse needs of a global workforce.
