Australia info Essay Example | Topics and Well Written Essays - 500 words

Australia info - Essay Example Australia has very high scores for both ‘starting a business’ and â€Å"Getting credit† (World Bank). Australia has the world’s 12th largest economy, sustained by a relatively low population of just 23,608,400 people, most of whom are concentrated in a few, highly developed urban centers. Their comparatively geographically isolated location and a small domestic market means that the Australian government is concerned about their future economic growth and local businesses are increasingly looking towards international markets for business prospects (World Business Culture). Australia’s culture has been influenced by their history as a British colony and the lifestyle, language and social ethics of Caucasian migrants who eventually settled in the area. As a group, Australian’s are considered to be down-to-earth people, who appreciate hard work and do not give much regard to a person’s status or position. Modesty, sincerity and authenticity are important in the workplace as well as in personal interaction. There is a sense of humor in their interactions, the humor is often directed at themselves but may be too caustic for someone not used to the Australian culture (Kwintessential). Even though the English is the primary language in use in the country, for outsiders the local dialect and slang language may also be a difficult to grasp as it is uniquely Australian. For business relations, Australians focus on efficient and effective communication which emphasizes punctuality and practicality. It is a low-context culture so negotiations and business meetings are straight forward, with a very low emphasis on building long term, informal relationships between business partners on any kind. However, the brusque manner of business may be unsuitable as an international strategy given cultural differences between Australia