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Impact Of Globalization On Australian Economy

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Australia is a continent and also a Country of its own. Australia is surrounded by the Pacific Ocean and Great Indian Ocean. Australia has a population of 23.9 million people as of date. Australia is a Paradise Island, it has great beaches, a beautiful outback life. Not forgetting the native wildlife; Kangaroo, Dingo, Koala Bear, wallabies and wombats. Australia has lots of natural resources; gold mines, bauxite, coal, iron ore, copper, tin, silver, uranium, nickel, tungsten, mineral sands, lead, zinc, diamonds, natural gas, petroleum. Basically, Australia is a very rich and stable country. Australia also has magnificent attractions such as: the Great Barrier Reef, Sea World and Dream World. Known fact Australia is the largest producers of wool as it has the most amount of sheep. Australia being the one of the 6 larges Country in the world. It consist of many smaller islands. Surrounded by many countries, like Indonesia, East Timor, New Zealand and Papa New Guinea. That has many natural resources such as wood.

1. International Human Resource Management
Many corporation are expanding their markets into other countries which they have never done before. They are venturing far and wide to gain large profits from their business. Due to the development of globalization, new challenges occur and increases in responsibility. Factors they faced, …show more content…

By implanting this structure companies head would pay less or even little attention to the ranking or position of employees in the organisation or company. This structure would also give motivation to employees to establish the company achievement and goals, the organisation structure in Australia is designed in a manner to ensure that they are able to deliver the priorities and service as the board and head of the companies are able to come out with various strategy, service design, service delivery, and enabling to the needs the wants for the

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