BSBGMT616: Health, Safety, Business Practices and Values

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Homework Assignment
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This assignment, completed by a student, addresses key aspects of business management and workplace practices. It begins by examining the Health and Safety at Work Act 2011, Fair Work Regulations, and anti-discrimination laws, highlighting legal frameworks for employee protection and ethical considerations. The assignment then delves into risk management processes, intellectual property rights, and regulatory risks, providing insights into safeguarding business assets and navigating legal complexities. Furthermore, it explores strategic analysis tools like PEST and SWOT, offering a framework for understanding external factors and internal capabilities. Finally, the assignment concludes with a discussion on organizational values, corporate culture, and a case study involving Cross Fit Endurance, including reviews of vision, mission, and strategic changes, along with the development of new organizational values.
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BSBGMT616
Student Name Althaf Pasha
Student ID 1647
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Assessment 1
Question 1
A
The Health and safety At Work 2011 provides for a framework to protect the health, safety &
security of all staff at work. It also ensures the safety of all of the people impacted by the work.
All employees are protected by the WHS Act.
The four major health and safety goals of the Work Act 2011 are
The Act is designed to safeguard the safety & welfare of employees and others at work; protect
the public from the health & safety hazards of company operations; and remove the dangers to
the workplace (MACDONALD et al., 2012).
Key elements of the 2011 WHS Act
Health and safety at work in one glance: Explanted seven crucial components
Care Duty.
Workers' meaning.
Requirements to discuss collaborate and coordinate with other customers
Consultation obligations with employees.
Holders of upstream duty.
Entry right. ...
Owing to diligence.
B- The 2009 Fair Work Regulations cover
For example: maximum work week duration, requests for flexible work arrangements, parental
leave and rights linked to it, annual vacations, personal or caregiver leaves and compassionate
leaves, long-term leaves of service, and holidays.
Protect Fair Work Act 2009
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The Fair Work Act is a crucial legislation for the employment of older employees in the
Commonwealth. It specifies the terms and circumstances of employment and defines employees,
employers and employee organizations’ rights and duties in connection with this employment.
C- Anti-discrimination laws and ethical concepts in the relevant federal law:
• Age Discriminations Act of 2004
• Disability Discriminations Act of 1992
• Racial Discriminations Act of 1975
• Sex Discriminations Act of 1984.
The Age Discriminations Act of 2004 prohibits discrimination on the basis of age at
employment. The ADA also safeguards young and elderly Australian from discrimination in the
other areas of public life like education, services, renting or purchasing of a house or apartment.
Discrimination against an individual in many areas of public life - including employment,
education, service provision, hire or purchase of a home or unit and public access – are illegal by
the Disability Discrimination Act 1992 (DDA) due of their disability.
The endnotes at the end of this collection provide information on the amending legislation and
the amending history of the provisions of the law compiled.
Unstated amendments
The effect of unstated changes is not reflected in the text of the law collected. Unstated changes
impacting the law are accessible under the ComLaw. The specifics of modifications made to but
not begun at the date of compilation are highlighted in the final notes. See the ComLaw series
page for the collected legislation for additional information about any uncommented
modifications.
Application of provisions and modifications, saving and transitional provisions
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If an application, a save or a transitory provision not included in this compilation affects the
functioning of the provision or modification of the collected law, the specifics are contained in
the endnotes.
Modifications
When the assembled law is changed by legislation, the compiled law works as amended, but the
amendment does not modify the law's text. This compilation thus does not display the collected
legislative text as changed. For additional information on any changes, check the ComLaw series
page for the legislation collected.
Self-abrogation clauses
If a provision of the prepared legislation in line with a provision of the law has been abrogated,
the endnote should provide specifics.
The Sexual Discrimination Act 1984 (SDA) prohibits discriminating against a person on the
basis of gender, gender, intersex status, sexual orientation, marital or relationship status, family
obligations, pregnancy or nursing.
Question 2
Risk management is a process of detection, evaluation and control of risks to an organization's
capital and revenue. These threats or risks may stem from a broad variety of sources including
financial uncertainty, legal requirements and strategic management errors, accidents or
catastrophes (Australia Fit, 2021).
The Five Step Risk Management
1) Identify possible hazards. What might go wrong?
2) Frequency and severity measurement. What is the probability of a danger and what is the
impact, if it did?
3) Look for other options.
4) Decide which option to utilize and apply.
5) Monitor outcomes.
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Question 3
A- Rights and duties of intellectual property
The most common kinds of IP right are: Patents - protect creative processes and inventions.
Trade marks—protects logos for other uses, slogans and branding, copyright — safeguards art,
literature, music, films and computer programming.
Intellectual Property Rights
Intellectual property rights are the rights granted to individuals via the production of their
thoughts. They generally grant the inventor an exclusive permission to utilize the invention for a
specified time (Maskus, 2004).
The four intellectual property kinds
Intellectual property rights, patents, trademarks, and trade secrets - four types.
The five main intellectual property kinds are:
Copyrights.
Trademarks.
Patents.
Trade Dress. Trade Dress.
The Secrets of Trade.
B- Regulatory risks
The danger of changes in legislation or rules having a substantial impact on the industry or firm
is the regulatory risk. Such changes might increase the cost of running a company, diminish
investments' attractiveness or modify the competitive environment.
Regulatory risk is typically described as the risk that the regulator has revoked a "license to
operate" or that the conditions are imposed (in hindsight or future) which negatively affects an
enterprise's economic worth.
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The risk of compliance means the possible vulnerability of an organization to legal fines,
financial forfeiture, and material loss arising from failing to operate in line with the rules and
regulations of industry, internal policies or good practice.
Definition: Regulatory risks are a risk of regulatory changes and legislation affecting an industry
or company. Such regulatory modifications can create substantial changes in the framework of a
sector, changes in cost structure, and so on.
Regulatory risk example
The passage of the 2002 Sarbanes-Oxley Act, which imposed more strict accounting standards
and more severe criminal penalties in violation of securities law, included past examples of
regulatory risk.
Question 4
A-PEST Analysis
PEST Analysis is a management technique through which a business may assess major external
factors that influence its operation to make it more competitive in the marketplace. These four
elements, as stated in the acronym, are essential for this idea.
Result of the image for Analysis of the policy, economic, social and technology (PEST)
The political, economic, social and technological elements of PEST are represented. Once
analyzed, organizations can make better business judgments. The PEST analysis contributes to
strategic business choices, marketing planning, product development and research (Shabanova et
al., 2015).
Changes to your business environment can provide your firm with enormous possibilities and
pose major risks.
For example, new technology can help you contact new clients, new financing streams to invest
in better equipment and altered government regulations to open new markets.
Threats may include deregulation exposing you to increased competition; a declining market; or
interest rates, which might generate difficulties with your company's debt load
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PEST analysis is a simple and widespread instrument that lets you assess changes in your
company environment, whether political, economic, socio-cultural or technological. This allows
you to comprehend the "big picture" forces of change you are exposed to, and thus take
advantage of their chances.
In this post and in the video below, we will examine how you may comprehend and respond to
your future business environment with PEST Analysis.
B-SWOT
SWOT analysts provide a four-quadrant square examination dedicated to each element of
SWOT. This visual arrangement provides a quick image of the company's state. Although they
are not equally essential all things under a certain category, they should all give insight into the
balancing of possibilities and risks, benefits and disadvantages, etc.
Strengths
Strengths are the difference between the excellent and the competition, with a strong brand, a
dedicated client base, a sturdy financial sheet, unique technology etc. For example, a hedge fund
may have established a proprietary trading technology that provides market results. Next, they
need to decide how to recruit more investors.
Weaknesses
Weaknesses hinder an organization from achieving all possible. They are issues to be addressed
by the business to stay competitive: Poor brand, higher than average turnover, debt, inadequate
supply chain, or capital deficit.
Opportunities
Chances refer to favourable external conditions which can offer a competitive edge to a business.
For example, a vehicle company can export its automobiles to a new market, increasing sales and
market share if a government reduces tariffs.
Threats
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Threats relate to circumstances that might affect an organization. For instance, a drought
threatens a wheat-producing firm, because its production might be destroyed or reduced. Other
typical threats include increased material costs, increased competition, constrained labor supply,
etc.
Question 5
Revising organizational values represent the basic ethics or principles that the firm complies
with, no matter what. They stimulate the finest efforts of employees and limit their activities.
Over time, the ethical character of the organization, as represented in its activities and culture,
will improve.
Establish a culture of organization
Employers may utilize the following suggestions to assist them create their working environment
in a healthy corporate culture (Lister, 2002):
Emphasis on wellness for employees.
Grow up with your culture today.
Provide purpose.
Create objectives.
Encourage costiveness.
Listen.
4 forms of corporate culture
There is no finite list of corporate cultures, however the 4 types identified by University of
Michigan's Kim Cameron and Robert Quinn are among the most prominent. The clan, the
adhocracy, the hierarchy and the market. Each organization has its own specific combination,
according to the idea.
Here are six ways to establish these corporate principles and develop a strong corporate culture:
1) Assess your current cultural organization.
2) Review your company strategy plan.
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3) Identify the cultures your strategy needs to fulfill.
4) Decide if your values are going to be altered.
5) Defines the meaning of your chosen values.
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Assessment 2
Part A
Review of Current Vision and Mission
The current vision of Cross Fit focuses on establishing it as the largest affiliate in the area. Also
mission statement of Cross Fit is to provide the staff with best skills and they must have best
communication skills to better communicate with the customers. They motivate their customer in
the best possible way (Beaver, 2000). Also Cross Fit ensures that their equipment and programs
meet the standards.
Changes in Strategic Direction
Changes to strategic directions of Cross Fit are as follows:
Offer new programs.
Continue to deliver high safety levels.
Their previous aim was to achieve a 550 long term members in all the three locations
which is now set to 800 long term members in all three locations.
Previous profit margin was 30% which has been increased to 40%.
New Vision Statement
New vision statement of Cross Fit is to expand its business to other locations and become the
quality service provider to its customers in all the locations.
New Mission Statement
New mission statement of Cross Fit Endurance includes:
Meet the latest technological trends and train the staff with innovative training programs.
Provide the staff with regularly varying training programs.
To provide the less intense training with mindfulness exercise.
Provide new mobility training exercises.
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5 Organizational Values
Five organizational Values of Cross Fit Endurance are:
1) For our customers, we are dedicated to providing stewardship & commitment to moral
and professional standards of behavior in everything we do.
2) For our employees, we are dedicated to fostering self-directed teams,
3) For the customers we are to develop leadership & ensure high levels of safety.
4) For our clients, we are dedicated to smart environmental practices and providing
significant value to them.
5) We aim to fulfill organizational social responsibility standards (Bourne & Jenkins, 2013).
Summary of Meeting
Summary of the current vision and mission statement and new mission and vision and
also organizational values was presented to Cross Fit Endurance owners in the meeting.
Also discussion was made on the changes introduced in the strategic direction of the
business.
Vanessa and Arvin were impressed with the points prepared regarding the new mission
and vision statement.
Detailed overview and analysis of current vision and mission statement was discussed
with the owners of Cross Fit.
They provided the valuable feedbacks and said further modifications need to be made in
the strategic direction.
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PART B
a. Four types of information our types of information that you will need to successfully analyse
the internal environment of CrossFit Endurance - format
Types (any four of the following) Sources (any two of the following in each
category)
Staff capabilities Staff profiles, senior managers, staff
survey
Staff skills Educations, Experience
Equipment Maintenance, Standards
Customer Service Communication, Feedback
Safety Protocols Equipment safety, workplace environment
b. Six types of information that you will need to successfully analyse the external
environment of Cross Fit Endurance - format
Types (any six of the following): Sources (any two of the following in each
category)
Environmental factors Non-profit organisations
Inputs from environmental
sustainability consultants
EPA agencies
Political Health & Safety, Regulations
Economic Growth rate, profit
Sociological Customer attitude, lifestyle
Technological Latest trends, Increased technological
assets
Legal Maintenance, Insurance.
Ecological Friendly with environment, carbon
emissions consciousness.
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