Aussie Firms Found 'Unprepared' for the Asian Century

Aussie Firms Found 'Unprepared' for the Asian Century

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Australia's economic challenges, particularly its reliance on the mining boom and the need to transition to a services economy. It highlights the country's unpreparedness in terms of cultural understanding and business adaptation, emphasizing the importance of diversity and global engagement to remain competitive. The discussion suggests that Australia must act quickly to avoid being left behind in the global market.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns regarding Australia's economic position in relation to Asia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the mining boom's investment phase coming to an end for Australia's economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe Australia's current economic reliance on services?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe the composition of boards in Australia should change?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is necessary for Australia to avoid being left behind economically?

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