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Cultural Perspectives: Australia’s Economic and Business Resources

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Cultural Perspectives: Australia’s Economic and Business Resources
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Cultural Perspectives: Australia’s Economic and Business Resources
The purpose of this project is to understand the comprehensive complexity of culturally
competent market research which business’s incorporate while evaluating market and product
entry into Australia’s “free” economy. Australia is situated in the Asian-Pacific region
1
and is
consider as the third freest economy with trade freedoms up 86.4 percent, investment freedom of
85 percent, and a financial freedom of 90 percent (Foundation, 2014). Researching
1 See appendix “World Map”

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Cultural Perspectives: Australia's Economic and Business Resources You're Name You're Professors Name Course Title or # Submission Date Contents Cultural Perspectives: Australia's Economic and Business Resources The purpose of this project is to understand the comprehensive complexity of culturally competent market research which business's incorporate while evaluating market and product entry into Australia's "free" economy. Australia is situated in the Asian-Pacific region1 and is consider as the third freest economy with trade freedoms up 86.4 percent, investment freedom of 85 percent, and a financial freedom of 90 percent (Foundation, 2014). Researching considerations for importing and exporting products into other countries is consider as a preemptive marketing strategy, encompassing administrative decisions, while evaluating market and product susceptibility, viability, and profitability. Objectives/Goals include determining cultural impacts, business expansion challenging, and the dimensional scopes of integrated operational theologies. Without marketing tools and research methods, importing/exporting product delivery may be subjected to statutory broader confiscations and the failure of successfully entering a new market. By understanding the crucially implemented process of exporting and importing products into Australia, organization increase their market susceptibility, potentially inducing g ...
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