Business Management Q9 – Dispute resolution process | VCE Units 3 & 4 Practice – StudyPulse
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Business Management VCE Units 3 & 4 Practice Question 9 – Dispute resolution process

Q9 Business Management Dispute resolution process Unit 3 - AOS 2

Question 9

1 mark

EcoStyle Furniture employs 50 staff. Recently, a dispute arose when a new roster system was implemented without consulting employees. Several employees feel the new system unfairly impacts their work-life balance. Management wants to resolve the issue quickly while maintaining positive employee relations. Which dispute resolution method would be MOST suitable in this situation?

Your Answer

A

Arbitration, as a third party will make a legally binding decision, ensuring a swift resolution that management must adhere to.

B

Mediation, as it allows a neutral third party to facilitate discussion and assist EcoStyle Furniture and its employees to reach a mutually agreeable solution, maintaining a positive employee relations.

C

A formal warning process, as it will allow management to formally document employee concerns and implement changes as they see fit.

D

Employee resignation, as it allows the business to replace unhappy employees with new staff who are willing to work under the new roster system.

About This Business Management Question

This is a free VCE Units 3 & 4 Business Management practice question worth 1 mark, testing your understanding of Dispute resolution process. It falls under Human resource management in Unit 3: Managing a business. Submit your answer above to receive instant AI-powered marking and personalised feedback.

Subject
Business Management – Victorian Certificate of Education Units 3 & 4
Unit 3
Managing a business
Area of Study 2
Human resource management
Key Knowledge
Dispute resolution process

Unit 3 Overview

In this unit students explore the key processes and considerations for managing a business efficiently and effectively to achieve business objectives. Students examine different types of businesses and their respective objectives and stakeholders. They investigate strategies to manage both staff and business operations to meet objectives, and develop an understanding of the complexity and challenge of managing businesses. Students compare theoretical perspectives with current practice through the use of contemporary Australian and global business case studies from the past four years.

Human resource management

In this area of study students investigate considerations for the effective management of employees to ensure business objectives are achieved. They consider employee motivation in terms of Maslow’s Hierarchy of Needs, Locke and Latham’s Goal Setting Theory, and Lawrence and Nohria’s Four Drive Theory. Using these theories of motivation and motivation strategies, students propose and justify possible strategies for employee management in contemporary business case studies from the past four years. Students study an overview of workplace relations, including the main participants and their roles in the dispute resolution process.

Key Knowledge Detail

an overview of the dispute resolution process including mediation and arbitration

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