Which of these is NOT a key factor that has affected the Fijian economy over the last 40 years?
Resilient Tourism Industry
International Sanctions
Political Instability
Why is foreign aid not always helpful?
Most development is in rural rather than urban areas
Natural diaster relief is few and far between
Tied into long-term, high-interest loan repayments
How does tourism play a role in Fiji's economy?
Tourism contributes nearly 40% to Fiji’s GDP
Over two thirds of Fiji's work force is in the Tourism industry
Provides sustained, reliable income year round (e.g. non-seasonal)
What is kava?
Traditional underground oven
A sparkling wine drank in lieu champagne
Traditional root consumed in as part of indigenous culture
Which of these is NOT a challenge of producing value-added products?
Increased labour force, potentially increasing costs.
VAPs tend to return lower profits than fresh produce
Detailed knowledge of advanced processes in order to create finished products.
Which of these is NOT accurate when discussing Fijian business' response to Climate Change?
FJ$9.3 billion is needed to build the resilience and capacity to adapt to climate change.
In 2016, Cyclone Winston caused damages amounting to ~40% of Fiji's GDP
Tackling climate change requires major pro-active changes to business and governance in the next 2 decades
What is one conclusion that the paper 'Kerekere & Indigenous Social Entrepreneurship' come to?
Businesses can loose income through a family member asking for a free product
Social and family pressures may influence business decisions
Kerekere may be strategically embedded into culturally meaningful expressions of indigenous social entrepreneurship
Which of these is NOT a factor that contribute to emigration in Fiji?
Establishment of resettling programs overseas attract skilled workers overseas
In Australia, the minimum wage is 10x the Fijian minimum wage
Demand for skilled labour in Australia and New Zealand have increased over the last years
What is the YES initiative?
University Scholarship scheme
Governmental grant scheme for innovative or unique business ideas
Ongoing business support scheme for struggling businesses