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Commerce

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Commerce

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Economic and Business Environment and Law, Society and Political Involvement

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Australia

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Commerce
 

CommerceOnline version

Economic and Business Environment and Law, Society and Political Involvement

by Elizabeth
1

Which factor is a key influence on business decisions (technology, business cycle, globalisation)?

2

How are referendums to change the Australian Constitution initiated and decided?

3

Which voting method is called 'first past the post' in Australia?

4

What is the role of political parties and independent representation in Australia’s system?

5

Which best describes the separation of powers in Australia?

6

Why do laws change, and who influences these changes?

7

What is the process through which government policy is shaped and developed?

8

What is the significance of a hung parliament or minority government?

9

What are the rights and responsibilities of individuals in the democratic process?

10

How do entrepreneurship and innovation contribute to the economy?

Feedback

Technology drives efficiency, innovation and capital investment in business decisions.

Referendums involve Parliament initiating the proposal and a majority of voters nationwide.

First past the post means the candidate with the most votes wins.

Parties and independents shape government formation and policy direction.

Power is divided to prevent the abuse of authority.

Law reform involves multiple actors and methods of influence.

Executive leadership guides policy development with cabinet oversight.

Coalitions or agreements are often needed to pass legislation.

Citizens vote and engage to influence government and policy.

Entrepreneurship drives new ideas, efficiency and market expansion.

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