Industry and Enterprise booklet 3, 4, 5

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19 Terms

1
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communication definition

the message that was sent has been received, understood and acted upon as intended.

2
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what is a trade union?

a trade union is a group of workers who seek to improve and protect wages for workers and conditions of work.

3
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what is the aim of the complaints process?

to investigate the accuracy of the complaint

to make a decision that satisfies both parties

minimise the reputation harm

preventing it from happening again

4
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types of union breakdowns

work to regulations, go slow campaign, a lock out of the workers, a strike (protest).

5
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fair work australia + what is a fair work ombudsman

government body that provides guidance, solves workplace disputes and works with unions and employers to reach conclusions.

6
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unemployment

a person between 15 - 65 with no job actively looking for work and able to start work in the survey week.

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labour force

people aged 15 and over who are willingly looking for work.

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underemployment

when casual of part-time employers are willing to do more hours.

9
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calculating unemployment rate

number of unemployed x 100

labour force

10
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types of unemployment

structural (employee’s uneducated), seasonal (fruit pickers), cyclical (buisness cycle), frictional (looking for better work) and hidden (given up on searching)

11
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long-term unemployent

unemployment for over 12 months or longer usually because of structural changes. Once you are unemployed it becomes difficult to find a job.

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effects of unemployment on government, individual and society

individual: no income except welfare benefits

society: disconnection of individuals from society

government: less people producing - worse economy, 

13
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industry definition

A group of work settings, businesses, or organisations that are involved in the production of the same or similar product or service.

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5 levels of industry classification

primary, secondary, tertiary, quaternary, quinary

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primary industry

extraction of raw materials, farming, used to produce other goods or services
(commodities)

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secondary industry

factories where the raw materials are used to produce other items built for consumption.

(manufacturing)

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tertiary industry

involved in the provision of services and utilities

is broken down in quaternary and quinary

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quaternary industry

the supply and provision of information, like a media, finance and education.

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quinary industry

focuses on the provision of services that substitute for domestic duties of services.

health, hospitality, household services.