Discuss How, After 1993, Collective Bargaining in Australia Continued to Be

question 13

Essay

Discuss how, after 1993, collective bargaining in Australia continued to be highly decentralised, but for quite different reasons. In your answer, identify the differing aspects of both the decentralised system before 1993 and the decentralised system after 1993.

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Definitions:

Market Segments

Groups of potential customers with similar needs, preferences, or characteristics that a company targets with specific marketing strategies.

Latent Needs

Desires or requirements of consumers that they are themselves not aware of.

Consumer Buying Habits

Patterns and behaviors that consumers exhibit in the search for, purchase, use, and disposal of products and services.

Value Chains

A value chain is a series of activities that businesses conduct to bring a product or service from its conception to distribution and beyond, aiming to add value at each stage.