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The Fair Work Commission

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Question: Write an essay on The fair work commission organisation.   Answer: Introduction: This report deals with the relationship between the pay and performance regarding the business of an organisation. It reflects that how an organisation can be benefitted by the performance of its employees. It also reflects that, providing incentives to the employees can enhance their work performance.It is seen that the employee’s perf...

Read More arrow Tags: Singapore Economics Economic University of Singapore 

BEO1105 Economic Principles

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Answers: Answer to question 1  The difference in a change in quantity demanded of X and a change in demand of X are based on a difference in what causes the. The reason for a change in quantity demanded of X is a change in own price of X. Assume the demand curve is DD and we are at A. When the price of X rises from P1 to P2, we move from A to B. the new point shows price of P2 that consumers are willing to pay for Q2. This change from Q...

Read More arrow Tags: Australia Campsie Economics  BEO1105 Economic Principles Victoria University 

BEO1105 Economic Principles

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Answers: Question 1 The change in demand for quantity of hats relates with the change in quantity of hat with respect to change in its price (Rubinstein 2012). On the contrary, change in demand for hats refers to variation in demand for hats owing to change in other factors except price. The difference between change in demand for quantity of hats and change in hats demand is illustrated with the help of diagram: Figure 1: Change in quantity...

Read More arrow Tags: Australia Auburn Economics  BEO1105 ECONOMIC PRINCIPLES Victoria University 

Business Economics: Independent Bureaucracy

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Question: Discuss about the Business Economics for Independent Bureaucracy.    Answer: Australia has a free market economy. It has been showing impressive economic growth in the past 25 years. The country has abundant natural resources as well as efficient governmental system, independent bureaucracy, well developed legal system, all of which led to a strong entrepreneurial development in the economy. The GDP of Australia was...

Read More arrow Tags: Australia Ashwood Economics Economic Performance and Improved Economic Outlook University of Sydney 

LAWS11061 Contract A

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Answers Q1. Issue Whether a contract was formed between Emily and June, which could enable her to claim the house, or not? Whether the claim of Lewis would be upheld with regards to the exchange of title of house for an orchid, or not? Rule A document through which a promise is made and which creates lawful association between two or a higher number of parties, and which contains the requisites, is known as a contract. A contract can be for...

Read More arrow Tags: Australia Burwood Economics energy economic  University of New South Wales Energy economic 

BB106 Economic Principles

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Answer: Number of Sellers and Buyers A situation where there is one buyer and many sellers is referred to as buyer’s monopoly. This situation will give the buyer a considerable power to demand concessions and discounts from the sellers because the seller will have no other alternative rather than selling the product to the buyer. Usually, the buyer’s monopoly is undesirable (Tehrani, Uysal & Yanikomeroglu, 2014). A weight loss...

Read More arrow Tags: Australia Cambelltown Economics ECON6001 Economic Principles  University of New South Wales 

Communication In A Workplace: Openly And Professionally

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Question: Discuss about the Communication in a Workplace for Openly and Professionally.   Answer: Introduction. An ideal workplace is characterized by great communication among workmates. In such an environment, employees communicate freely, openly and professionally. Interpersonal communication explains how well a person communicates with his/her colleagues (Eisenberg et al 2009). However poor communication exists in many organi...

Read More arrow Tags: Australia Melbourne Management Economic University of Melbourne 

Tourism And Economy Of Australia

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Question: Write an essay onTourism and Economy of Australia.   Answer: Tourism has a great impact on the economy of every country. If the tourism industry of any country will become strong, the economy of that country will grow. The international tourists impact on the GDP of the country, enhancing employment in the country and helps in growing the economy of the country. The international tourists spent a lot of amount which overall h...

Read More arrow Tags: Australia Melbourne Management Economic University of Melbourne management  

Business Economics : Apply Model Economics

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Question: Discuss about the Report for Business Economics of Apply Model Economics.   Answer: 1) Economic models apply economic theory to explain and forecast parametric changes in economic variables over time under certain specific assumption. Hence simplified approximations of the real-life economic situations are represented by economic models. However, economic models are said to be unrealistic. The main reason behind this kind of ...

Read More arrow Tags: Australia Sydney Economics Economic Models University of Sydney 

Asian Regional Development: Sedentary Lifestyles

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Question: Discuss about the Asian Regional Development for Sedentary Lifestyles.   Answer: Introduction Health is the most important aspect that leads to the economic and social development of a community. The increasing incidence of cardiovascular disease across the globe has been a consequence of increased life expectancy, changes in diet, sedentary lifestyles and availability of nutrition dense diets. While the focus of the d...

Read More arrow Tags: Australia Flinders Economics Business Economic Progress Flinders University MBA 

Politics: Health Insurance Policy

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Question: Discuss about the Politics for Health Insurance Policy.     Answer: Historical Development of the Medicare Policy The Australian health insurance policy is such a health insurance policy that is being funded by the Commonwealth and it allows the Australian population to receive free hospital services from the public hospital ( 2016). The Medicare policy of Australia was first introduced by the Whitlam Labor G...

Read More arrow Tags: Australia Adelaide Economics procurement University of Adelaide Economic Policy 

Oligopoly Market In America Mobile’s Industry

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Question: Discuss about the Oligopoly Market In America Mobile’s Industry.     Answer: Introduction Oligopoly is a market structure where only few firms dominate over entire market. When a market distributed or occupied by few firms, it is called highly concentrated. As in oligopoly only few companies control the market but still some small firms operate in market ( Lipsey & Harbury, 2004, pp 340-400). Oligopoly is in ...

Read More arrow Tags: Australia Sydney Economics ECON6001 Economic Principles University ofSydney MBA 

Accounting Standards Regulation Financial

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Question: Discuss About The Accounting Standards Regulation Financial?   Answer: Introducation The AASB 136 on impairment of assets seeks that the asset of any organization shall not be recorded in the financial statement at the value which is more than the carrying value. As per Para 10 of the standard, the assets whether it is tangible or intangible and the goodwill must be tested for impairment at least once in a year. Further,...

Read More arrow Tags: Australia Earlwood Economics Economic Cashflow University of Queensland MBA 

Microeconomic Solutions

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Question: Describe about the MicroEconomic Solutions.   Answer: 1: Economic Foundations And Market Forces a) As we see from the data given in the table, Scotland takes less time in producing a motorcycle as well as a guitar than Ireland, i.e., 9 hours to produce 1 motorcycle where Ireland needs 10 hours to do the same. Hence, Scotland is the country that has an absolute advantage in production of motorcycle. (b)  The time taken ...

Read More arrow Tags: Australia Mulgrave Economics ECO10004 Economic Principles  Victoria University 

Accounts And Finance

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Questions: You are Susan’s assistant and you have been asked to prepare a report that is backed by scholarly literature addressing the following issues regarding approaches to compensation:  a. Typical elements of compensation packages  b. Outline the key assumptions of traditional agency theory and their influence on approaches to compensation c. Explain the difference between extrinsic and intrinsic motivation and the&n...

Read More arrow Tags: Australia Kogarah Psychology Humanities University of Sydney Economic Psychology 

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