Economics Mini Quiz 2

The ______ of employees is defined as the position of an individual in an organisation.

The main participants in the workplace are:

(select all that apply)

• employees

• industrial organisations

• government

• employers

• your mom

________ and _______ are types of industrial organisations.

• trade unions and government regulators

• employer associations and industry analysts

• trade unions and employer associations

• human resources and marketing

• accounts payable and consumer relations

The ____________ is responsible for creating and enforcing industrial relations legislation and providing unemployment benefits to those without work.

The __________ of employers include recording and paying correct wages, ensuring a safe workplace and making superannuation payments.

• job

• labour

• role

• responsibilities

If an employee repeatedly shows up to work late or does not perform their job duties while at work, they are not keeping up with their _________________________.

• roles.

• rolls.

• responsibilities.

• wages.

• profits.

Pretend you're an entrepreneur. Your rent for the shop where you sell pies and sausage rolls is going up. This will directly cut into your profits. Explain how you will manipulate labour to keep your profits steady.

The modern workplace is increasingly:

(select all that apply)

• flexible

• diverse and challening

• rapidly changing

• fast-paced

• highly mobile