Question

A.) explain the business culture of new Zealand , b.) characteristics of business culture of new Zealand, c.) pros and cons and swot analysis of business culture of new Zealand. (please provide the original work)

Answer 1

Newzealand is the most business friendly country in the world due to its openness to international trade, lack of government and business corruption and free-market economic reforms. Business culture is characterized as relaxed yet professional atmosphere. Here general business language is English. Business persons appear well-groomed and presentable. Greetings consist of a handshake and direct eye contact. Women often rise to senior corporate positions thus treated equal to men.

Pros and cons: although management follows a hierarchal approach where decisions being made by senior-level executives, ideas, input and collaboration, from all members of the organization are also highly valued. Lateness is seen as a sign of unreliability or even indifference. Many people are on leave during December and jamaury so not much business and meetings are conducted during this time.

Swot analysis of business culture of New Zealand:

Strengths:

• Open minded people who are always ready to search for alternate options for the growth of newzealand
• High literacy rate
• Socially progressive culture

Weakness:

• Manufacturing is very difficult
• Foreign ownership of bank and most industry
• Depend upon import of important materials like grains and pulses, artificial fertilizers etc.

Opportunities:

The country has huge scope to improve its agricultural sector and produce the important materials needed on its own. There is a lot of potential to grow other things.

Threats:

Foreigners withdrawing all of their investment neither due to its extreme climate nor preferable for doing business during few months of the year.