1.
A sole trader is an example of a public sector business.
Correct Answer
B. False
Explanation
A sole trader is not an example of a public sector business. A sole trader refers to a business owned and operated by a single individual, whereas a public sector business refers to a business that is owned and controlled by the government. Therefore, the statement is false as a sole trader is not a public sector business.
2.
Unlimited liability means that the owners are liable for ALL debts of the business.
Correct Answer
A. True
Explanation
Unlimited liability means that the owners of a business are personally responsible for all debts and obligations of the business. This means that if the business cannot pay its debts, the owners' personal assets can be used to satisfy those debts. Therefore, the statement "Unlimited liability means that the owners are liable for ALL debts of the business" is true.
3.
Public companies have the words _________ in their name.
Correct Answer
B. Ltd
Explanation
Public companies have the word "Ltd" in their name. This is because "Ltd" stands for "limited" and is a legal designation used to indicate that a company is a separate legal entity with limited liability. It signifies that the company's shareholders' liability is limited to the amount they have invested in the company, and they are not personally responsible for the company's debts or obligations. Therefore, public companies use "Ltd" in their name to inform the public and stakeholders about their legal structure and limited liability status.
4.
Examples of public sector companies include:
Correct Answer(s)
B. Australia Post
C. Qlink
E. Kirwan State High
G. City Libraries
Explanation
These companies are examples of public sector companies because they are either owned or operated by the government. Public sector companies are typically funded by taxpayers and provide services or goods to the public. Australia Post is a government-owned postal service, Qlink is a government-owned public transport company, Kirwan State High is a government-operated school, and City Libraries is a government-operated library system. These companies operate for the benefit of the public and are accountable to the government.
5.
What kind of organisational structure is below?
Correct Answer
B. Flat
Explanation
Flat organizational structure is characterized by having a minimal number of management layers, with a wide span of control and decentralized decision-making. In a flat structure, there is a high level of autonomy and collaboration among employees, and there is a focus on teamwork and flexibility. This type of structure promotes open communication and quick decision-making, as there are fewer levels of hierarchy to go through. It is often used in small businesses or startups where there is a need for agility and innovation.
6.
What are the disadvantages of a hierarchical organisational structure?
Correct Answer(s)
A. Fewer positions at the top, making career progress difficult
D. Tend to employ a lot of staff
E. Experience duplication of activities across the organisation
F. Long communication lines
Explanation
A hierarchical organizational structure has several disadvantages. Firstly, there are fewer positions at the top, which makes career progress difficult for employees. Secondly, hierarchical structures tend to employ a lot of staff, which can lead to a bloated workforce and increased costs. Additionally, this type of structure often experiences duplication of activities across the organization, which can result in inefficiencies. Lastly, the long communication lines in a hierarchical structure can lead to delays in decision-making and hinder effective communication within the organization.
7.
A mission statement outlines the goals that an organisation is striving to achieve.
Correct Answer
A. True
Explanation
A mission statement is a concise statement that defines the purpose and objectives of an organization. It outlines the goals and aspirations that the organization aims to achieve. Therefore, the statement that a mission statement outlines the goals that an organization is striving to achieve is true. A mission statement provides direction and guides the actions and decisions of the organization, helping to align all stakeholders towards a common purpose.
8.
Employees are not required to use business time and resources purely for the purpose of increasing efficiency of the organisation.
Correct Answer
B. False
Explanation
Employees are required to use business time and resources for the purpose of increasing efficiency of the organization. This means that they should prioritize their work tasks and utilize company resources effectively to achieve the organization's goals. By doing so, employees contribute to the overall productivity and success of the organization. Therefore, the statement "Employees are not required to use business time and resources purely for the purpose of increasing efficiency of the organization" is false.
9.
Employees ethics is behaving honourably and honestly, even in situations when it would be possible to get away with acting otherwise.
Correct Answer
A. True
Explanation
This statement suggests that employees should always act with integrity and honesty, even when they could potentially benefit from acting unethically. It emphasizes the importance of maintaining high ethical standards in the workplace, regardless of the potential consequences or temptations.
10.
Examples of work-life programs include:
Correct Answer(s)
B. On-site creche
C. Flexible working hours
E. Discounted gym/well being memberships
F. Social events
Explanation
The given answer includes examples of work-life programs that organizations can offer to their employees. An on-site creche allows working parents to have their children nearby while they work. Flexible working hours give employees the freedom to choose when they work, allowing for a better work-life balance. Discounted gym/well-being memberships promote employee wellness and encourage a healthy lifestyle. Social events create opportunities for employees to connect and build relationships outside of work, fostering a positive work environment. These programs aim to support employees in managing their personal and professional lives effectively.
11.
Casual work status means that you work the same hours every week.
Correct Answer
B. False
Explanation
Casual work status does not mean working the same hours every week. Casual work typically refers to employment that is irregular, unpredictable, and without a guaranteed number of hours or set schedule. It often involves working on an as-needed basis or filling in for absent employees. Therefore, the statement is false.
12.
Employee obligations include:
Correct Answer(s)
A. Attend work and be punctual
C. Keep information about the employer’s business confidential
E. Provide appropriate notice of resignation
F. Treat the employer and coworkers with respect
Explanation
The correct answer includes the obligations that employees have towards their workplace. They are expected to attend work regularly and be punctual to maintain productivity and efficiency. They should also keep any information about the employer's business confidential to protect sensitive data and maintain trust. Providing appropriate notice of resignation is important to allow for smooth transitions and minimize disruption. Lastly, treating the employer and coworkers with respect fosters a positive work environment and promotes healthy relationships among colleagues.
13.
Employer obligations include:
Correct Answer(s)
A. Pay wages to employees and deduct and forward PAYG tax instalments to ATO on behalf of the employee
B. Provide safe working conditions
C. Pay sick leave entitlements and superannuation as per legislation or industrial agreements
F. Maintain accurate employee records
Explanation
Employer obligations include paying wages to employees and deducting and forwarding PAYG tax instalments to the ATO on behalf of the employee. They are also responsible for providing safe working conditions, paying sick leave entitlements and superannuation as per legislation or industrial agreements, and maintaining accurate employee records. However, not allowing workers time off and being discriminatory during the hiring process are not employer obligations.
14.
Discrimination is when unfair and inequitable treatment is displayed.
Correct Answer
A. True
Explanation
Discrimination refers to the act of treating someone unfairly or unequally based on certain characteristics such as race, gender, religion, or disability. It involves prejudiced attitudes and actions that result in unequal treatment or opportunities. Therefore, the statement that discrimination is when unfair and inequitable treatment is displayed is correct.
15.
It is illegal to discriminate against someone on any of the following grounds:
Correct Answer(s)
A. Gender
B. Pregnancy
C. Religion
D. Sexuality
E. Disability
G. Parental status
Explanation
The answer includes all the grounds on which it is illegal to discriminate against someone. Discrimination based on gender, pregnancy, religion, sexuality, disability, and parental status is prohibited by law. These characteristics should not be used as a basis for treating someone unfairly or denying them opportunities.
16.
Harassment is:
Correct Answer
B. Is unwelcome behaviour that is intimidating, offensive and humiliating
Explanation
Harassment is defined as unwelcome behavior that is intimidating, offensive, and humiliating. This can encompass a wide range of actions and is not limited to just sexual assault. It is important to understand that harassment can occur in various forms and contexts, such as in the workplace, schools, or public spaces. Discrimination, on the other hand, refers to the unfair treatment or prejudice against someone based on certain characteristics, whereas harassment focuses more on the specific behavior and its impact on the recipient. Creating a pleasant working environment is the opposite of harassment, as it promotes respect, inclusivity, and a sense of safety for all individuals involved.
17.
The legislation that governs harassment is:
Correct Answer
C. Anti-Discrimination Act 1999
Explanation
The correct answer is the Anti-Discrimination Act 1999. This legislation is responsible for governing harassment in various contexts, including the workplace. It aims to prevent discrimination and promote equality by prohibiting harassment based on protected attributes such as race, gender, age, and disability. The Act provides individuals with legal protection and remedies if they experience harassment or discrimination. It also imposes obligations on employers and organizations to create a safe and inclusive environment free from harassment. The Fair Work Act 2009 and Workplace Health and Safety Act 1996 may have provisions related to harassment, but they do not specifically govern it like the Anti-Discrimination Act 1999.
18.
Unfair dismissal is when an employer ____________ an employee unfairly.
Correct Answer
dismisses
fires
Explanation
Unfair dismissal refers to the situation when an employer terminates an employee's contract in an unjust or discriminatory manner. This can occur through either dismissal or firing. Both terms imply the act of ending the employment relationship, but the distinction lies in the circumstances surrounding the termination. Dismissal typically refers to the employer's decision to end the employment due to reasons such as poor performance or misconduct, while firing often implies a sudden and immediate termination, often without valid cause. In both cases, the employee is being let go unfairly, without proper justification or adherence to labor laws.
19.
Redundancy is when is person is fired for no reason.
Correct Answer
B. False
Explanation
The statement in the question is incorrect. Redundancy refers to a situation where an employee's job is no longer necessary, often due to changes in the organization or technology. It is not related to firing someone for no reason. Therefore, the correct answer is False.
20.
An example of an employee initiated termination of employment is retrenchment.
Correct Answer
B. False
Explanation
An employee initiated termination of employment refers to a situation where the employee voluntarily decides to end their employment with the organization. Retrenchment, on the other hand, is a form of termination initiated by the employer due to reasons such as downsizing, restructuring, or financial constraints. Therefore, retrenchment is not an example of an employee initiated termination of employment.