Swot analysis
Australia’s main strength lies in its standing in the global marketplace and its symbiotic relationship with China. Additional strengths include its Democratic legislature and great abundance of natural resources, it is in excellent financial health and has a strong, organized banking system. The main weakness for business in Australia is its distance from North America and the time differences. The main opportunities for Australia are held in its abundance of natural resources including the vast desert area to harvest wind or solar technologies, and metals. The main threat for Australia would be the recent reports on water shortage. Conservation is key to all activities in Australia. In short, Australia is has a thriving economy and rich heritage which makes it an ideal country for work and travel.
Strengths
-Interdependent Market with China
-Excellent Financial Health -Organized Banking System |
WEakness
-Distance from North American Markets
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Opportunity
-Abundance in Natural Resources
-Small Population |
Threat
-Clean Water Shortage
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