Global Strategies (HSC SSCE Business Studies): Quizzes

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Global Strategies
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What are the 3 key strategic challenges Australian businesses face due to globalisation?

Labour costs, skills shortages, worker supply

What are 'on-costs' that increase Australian labour expenses?

Superannuation contributions

How many jobs did Pacific Brands lose when it relocated manufacturing to China?

1800 jobs

How many jobs has Qantas lost since 2014 through maintenance restructuring?

1550 jobs

Why is India popular for outsourcing services like accounting and legal work?

English-speaking, educated workforce at low rates

What is the expected worker shortfall in Australia by the end of the decade?

500,000 workers

When was the TSS visa introduced and what did it replace?

March 2018, replaced 457 visa

What is Australia's population that limits its worker supply?

25 million people

How many people worldwide are estimated to be in forced labour?

25 million people

What is the revenue threshold for businesses under the Modern Slavery Act 2018?

Over $100 million

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