Discuss the different ways business is conducted in Australia. In your answer, highlight key advantages and...

Discuss the different ways business is conducted in Australia. In your answer, highlight key advantages and disadvantages of each business form.

Expert Solution

Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and, numerous smaller islands. Australians are very straightforward when it comes to business. So they do not need to build relationships for a long time before doing business. They are receptive to new ideas, they are very open-minded. They appreciate modesty, Australians demonstrate modesty as much as they appreciate it. The decision making will be slower than usual, as the work environment in Australian business culture is collaborative. Top management will consult with subordinates. They appreciate patience very much while doing business. Australians usually get down to business quickly with a minimum amount of small talk. Time and efficiency are of the utmost importance to them while conducting business.
The top 5 businesses conducted in Australia are Pool and Spa, Glass and glazing, building and construction, plumbing and HVAC and Security.

Rahul Sunny answered 7 months ago

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