Enterprises In Australia Research Articles

The Neglect of Technology Management

The economic and industrial problems of the past ten years have raised serious questions about the way managers are trained. Critics have suggested that business schools should do a better job in such areas as manufacturing management, ethics, human resource management, and long term financial analysis. John Crisp argues that in a competitive world, the effective management of technological innovation is a key activity. From his perspective, managers of industrial enterprises in Australia, and elsewhere, have a legacy of attitudes, sensitivities, and techniques which leaves them ill‐equipped to deal with the new competition. His proposals for improving the education of managers are provocative.

Property Rights and Economic Efficiency--The Australian Airlines Revisited

Ownership rights to private property may be purchased and sold by individuals. The taxpayer-owner of public property, however, does not possess this option to exchange his share of public property. He is compelled to be a public owner and is an equal owner with all other citizens of the state. An important implication of the ability to transfer ownership in the private sector is that costs and rewards of economic activities accrue more directly to the individual responsible for them. In particular, private property facilitates capitalization of future consequences into current transfer prices. Accordingly there is a higher correlation between the reward-cost structure and the economic effort of the individual.2 A second important implication is that transferable ownership generates comparative advantage effects. Interpersonal differences with respect to abilities and knowledge among individuals can bring increased specialization in the ownership of business that will increase aggregate wealth in the case of privately-owned enterprises. The inability of individuals to purchase and sell claims to public property prevents specialization in ownership and inhibits inexpensive detection and rectification of poor management practices. As a result of the transferability of ownership, we would expect, ceteris paribus, private businesses to be more efficient than government firms.

Establishment of a Part-Time Nursing Service for Small Enterprises in Australia

Establishment of a Part-Time Nursing Service for Small Enterprises in Australia