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VICBusiness ManagementQuick questions
Unit 3: Managing a business
Quick questions on Awards, enterprise agreements and dispute resolution (VCE Business Management Unit 3)
9short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is the Fair Work Act 2009 framework?Show answer
Australia's national workplace-relations system is governed by the Fair Work Act 2009 (Cth). It establishes a single national system for most private-sector employees and sets out the safety net, the instruments and the institutions.
What are modern awards?Show answer
A modern award is a legal instrument that sets minimum pay rates and conditions (ordinary hours, penalty and overtime rates, allowances, leave loadings, classifications) for an entire industry or occupation. Awards are made and varied by the Fair Work Commission.
What are enterprise agreements?Show answer
An enterprise agreement is a collective agreement negotiated at the workplace level between an employer and its employees (frequently with union representation) that sets terms tailored to that business. Once approved, it replaces the relevant award for the covered employees.
What is the role of the Fair Work Commission?Show answer
The Fair Work Commission is the national workplace-relations tribunal. Its roles.
What is methods of dispute resolution?Show answer
Workplace disputes (over pay, conditions, rosters, restructure) can be resolved through four escalating methods.
What is plan?Show answer
Walk the escalation from negotiation to arbitration, applying the framework.
What is q1?Show answer
Distinguish between a modern award and an enterprise agreement. [2 marks]
What is q2?Show answer
Explain the role of the Fair Work Commission in the workplace-relations system. [3 marks]
What is q3?Show answer
Compare mediation and arbitration as methods of resolving a workplace dispute, and recommend when each is appropriate. [4 marks]