night advice elie essays

night counsel elie expositions Toward the start of the book Elie has a solid confidence in God and the Jewish religion, yet this confidence is tried when he is moved from his modest community by the Nazi's. Elie needs to manage the demise of his family, the passing of his guiltlessness, and the demise of his God at the youthful age of fifteen. He lets us know of the repulsions of the inhumane imprisonment; starvation, beatings, torment, sickness, and hard work. He comes to address how God could allow this to occur and to rethink the presence of God in the death camp. The night was no more. The morning star was sparkling in the sky. I also had become a totally extraordinary individual. The understudy of the Talmud, the youngster that I was, had been devoured in the blazes. There stayed just a shape that seemed as though me. A dim fire had gone into my spirit and eaten up it. as Wiesel faces every day and witnesses the starvation, the beatings of honest individuals, and the torments, his confidence in God starts to waiver. Before the finish of the book Wiesel has lost his faith in God. In the event that there is a God, how might he permit this to occur, he ponders. Wiesel is an observer to all the frightful things. The passing of his family, the demise of his youth and the passing of his God. As the days pass by, there are visit determinations. A man with a little stick concludes who will live and who will kick the bucket. This man demonstrations like God. To the correct you live, to one side, you kick the bucket. As Wiesel watches the underhanded that exists, his faith in the presence of God keeps on disintegrating. Wiesel asks, Where is my God? Where is He?(61) ... <!

Secondary data exercise Case Study Example | Topics and Well Written Essays - 1750 words

Auxiliary information work out - Case Study Example In late corporate history, if there is one organization which had shown commendable initiative and splendid strength, to pull back itself from an inevitable breakdown, it could be as a matter of fact Marks and Spencer, the Retail Stores legend of the UK. The primary board on which it marked its whole expectation was its convincing and persuading promotion procedure. At the point when the decay was affirmed and couldn't be disregarded any more, the organization under the direction of Sir Stuart Rose as its new executive chose to take the bull by the horn. How it supported up its midsection and stressed each nerve to effectively hold over many emergencies, is a fascinating corporate story. 2. Examination for the causes, and drafting the therapeutic measures: A target investigation drew out the accompanying genuine oddities gazing at the substance of M&S, (the later shorter logo variant of Marks &Spencer): deals were consistently lessening (the most exceedingly awful was during 2004-2006), clients were gradually moving endlessly since their inclinations and what M&S offered didn't coordinate all the time, client support offered by M&S was less than impressive and contender pressure was mounting. Presently the organization had almost no choice. They needed to embrace harm control quantifies rapidly to reestablish the drooping certainty of even their most faithful clients. Key arranging and steady advertisement crusade acted the hero, and once they balanced out their standing, at that point there was no glancing back by any stretch of the imagination. They focused more on Communication Strategy to charm the clients back to their showrooms. The commercial c rusades involved the prime spot in the promoting correspondence exercises. 3. What is promoting and its importance: What it can do and what it can't do : Advertising is the center component of any showcasing correspondence which expects to associate the business with its clients. Promoting can be characterized as any paid type of non-individual introduction and correspondence through broad communications. The primary point of publicizing is to offer to a wide blend of shoppers and furthermore to incite rehash buys. Again the primary targets of publicizing are making mindfulness about an item or store, make a longing to need an item, to impart the store's arrangement on different issues, to help in repositioning of the store in the psyche of the customer and to build the deals of explicit classes or to produce momentary income by method of a deal, deal offers or closeout deal. Promotion can likewise help in strengthening the retailer's corporate identity.1 (Swapna Pradhan, 2007) This part of reproducing the retailer's corporate personality and repositioning the store in the psyches of the shoppers weighed intensely with M&S the board who chose to dispatch a unique crash into the customers private inclinations in a viable way. In any case, they were additionally mindful of the restrictions of a negligible commercial crusade alone . Essentially correspondence is utilized to educate the clients about the retailer, the product and the administrations. Past that it could accomplish quite little of any value. It is accepted that each brand contact conveys a feeling that can reinforce or debilitate the shopper's perspective on the company.2 ( Philip Kotler). So they chose to sufficiently back it up with a ton of picture promoter just as

Models For Writers Short Essays For Composition

Models For Writers Short Essays For CompositionWriters on paper is often referred to as models for writers of short essays for composition. Short essays for composition are written in such a way that the author expresses his or her thoughts. For example, if an author writes about his or her experience of a certain situation then this will be expressed in a short essay for composition.With the passage of time, all writers have changed their writing style and in turn their attitude towards writing short essays for composition. However, the manner of expressing thoughts and ideas have not changed much. For example, it is still possible to write about feelings and emotions and also emotions related to matters relating to your professional life.Writing short essays for composition will always remain one of the essential things that a writer can do. For example, a writer could use a model for writers of short essays for composition to express his or her thoughts about a certain subject. Wh en you express your thoughts in this manner then you are able to show your views, ideas and opinions clearly without being necessarily disturbing or offending anybody.Models for writers of short essays for composition do not always have to be about feelings. For example, you could write about an incident in your life that you have faced. There could be times when there was a lot of misunderstanding or even at times when somebody had hurt your feelings. Thus, you could use a model for writers of short essays for composition to write your thoughts about such incidents.Using models for writers of short essays for composition will help you express your thoughts without the need to explain every single detail. This makes the writing easier and less boring to the readers. Since the idea has already been presented in a model, then you do not have to explain yourself any further.Using models for writers of short essays for composition could be used for a variety of topics. As a matter of fa ct, it could be used to express a wide range of topics like politics, literature, industry and many more. Furthermore, these models are easily available online. You could either use them in a copywriting package or you could also do a search on the internet for them.If you are not too sure about how to write models for writers of short essays for composition then you could ask for the help of a copywriter. Copywriters often deal with templates so they would know how to set up a model for writers of short essays for composition. You could also search the internet for examples or techniques on how to use models for writers of short essays for composition.Models for writers of short essays for composition are useful as they are able to put across your thoughts clearly. Since you are able to express your thoughts in this manner, you are able to display your ideas clearly to the readers. This makes your writing style interesting to the readers as well.

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Censorship Of Newspaper For College Students - 2255 Words

Censorship in newspaper for college students Introduction From my point of view, censorship is a term used to refer to the process of reviewing and then choosing to hide or remove some parts of the article considered to be unacceptable. Censorship of things depends on the audience which is being targeted. I have a very strong belief in that newspapers are very important source of information and new ideas on varieties of subjects. For quite long, I have read been reading newspaper articles. I have come to realization that they help me a lot in giving updates on what is going on in different parts of the world. As well, some of the articles written act as entertainment sources. However, some of the information passed through newspapers are harmful according to ethics (Germano Martin 118). Such information may comprise of pornographic materials, and information on how to manufacture harmful things such as explosives. Increasing concern about ways in which such information is available has contributed in provoking attempts to ensure that new spapers have been censored. This will contribute towards ensuring that access of harmful information through newspapers has been restricted. This piece of writing hence seeks to looks at the reasons as to why censorship of newspaper articles would be important as well as the reasons as to why it is not good to college students. One of the reasons as to why censorship in newspapers is done is in order to ensure that some of the peopleShow MoreRelatedCensorship : Censorship And Censorship Essay1513 Words   |  7 PagesIn the modern sense, political correctness has become a form of censorship. With protestors forcing students to find alternate routes to school or pushing the administration to cancel guest speakers in fear of triggering students, the modern-day university is no longer a place of free, critical, thinking, but a place of censorship. 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So I ll ease the students of a diverse college with an appropriate free-speech policy. The policy should be freedom of speech no matter the topic. Since in the text, â€Å"The impor tance of protecting even the thoughts we hate.† (Volokh, E. (2015, November 2). The New York Times. 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Learning to speak is something our parents praise us for when we are little. Why, after all the waiting time they endured, would parents let strangers decide what their child could or could not say. Censorship of language and speech is becoming too strict. Although we have the right to freedom of speech there are some restrictions such as â€Å"fighting words† that are not permitted by the First Amendment. The essay â€Å"Theres No Such Thing as Free SpeechRead MoreFlq Essay1022 Words   |  5 Pageswere a reading of the manifesto on public radio, a half-million-dollar ransom, and the release of several convicted or detained FLQ members . The government refused to release the FLQ members, but did read the manifesto on public radio and select newspapers printed the manifesto. However, this was not enough for the FLQ and they kidnapped and shortly killed the provincial cabinet minister Pierre LaPorte. James Cross remained kidnapped until December 1970, when the police found his holding cell. TheRead MoreHitler s Political And Foreign Policy1263 Words   |  6 Pagesparents warned them that untied shoelaces would cause them to trip. Other children buy a remote-controlled toy airplane because the television commercial informed them that it could fly up to 150 feet in the air. Students go to college because they have been informed by their mentors that college is important for getting a good job and providing for a family. Many German children joined Hitler Youth because, through propaganda, this organization seemed like a fun way to become powerful over the bad guys:Read MoreEssay On Westernization802 Words   |  4 PagesJilin University. He graduated with a BA in literature before being admitted to the Department of Chinese Literature at Beijing Normal University as a research student, where he received an MA and PhD in literature and began teaching as a lecturer thereafter. On the cultural side, Liu always was fond of poetry and writing, so while in college he founded a group known as â€Å"The Innocent Hearts†. He was always part of counter culture since he has been known, and caused a massive shock in the Chinese intellectual

Perfect Competition The Market Price Of An Product

Perfect competition describes a marketplace that no one participant can set the market price of an exchangeable product. This is generally considered an ideal, rarely found in markets today. There are some approximations, such as online auctions, such as eBay. Such firms’ demand curves are perfectly elastic. These markets are theorized to have an unlimited number of buyers and sellers. There are likewise no barriers to entry or exit. Monopolistic competition describes a marketplace offering differentiated products, and as such are not perfect substitutes. This is found in restaurants, shoes and other preference-driven goods. Such firms find a high elasticity of demand (in the long run), likely excess profits in the short term, and price setting available to them (as there are no perfect substitutes for their products; competitor prices are ignored). Oligopoly refers to an industry dominated by a small number of sellers with market power. They have the ability to limit or discount competition, and artificially earn excess profits. U. S. cell phone providers are often cited as a clear example of oligopoly, as the major providers effectively control the market. They set market prices for their goods or services. Barriers to entry are high, from capital investment to government permission to enter a market. They are notable by profit levels above that driven by competitive models, as they set the market price. They do have a unique interdependence, as market actions taken by oneShow MoreRelatedPerfect Competition : The Market Price Of An Product1391 Words   |  6 PagesPerfect competition describes a marketplace that no one participant can set the market price of an exchangeable product. This is generally considered an ideal, rarely found in markets today. There are some approximations, such as online auctions, such as eBay. Such firms’ demand curves are perfectly elastic. These markets are theorized to have an unlimited number of buyers and sellers. There are likewise no barriers to entry or exit. Monopolistic competition describes a marketplace offering differentiatedRead MorePerfect Competition1463 Words   |  6 PagesPerfect Competition In  economic theory,  perfect competition  describes markets such that no participants are large enough to have the  market power  to set the price of a homogeneous product. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Still, buyers and sellers in some  auction-type markets, say for  commodities  or some financial assets, may approximate the concept. Perfect competition serves as a benchmark against which to measureRead MoreTypes of Competition1000 Words   |  4 Pagestypes of market structure: monopoly, oligopoly, monopolistic competition, and perfect competition. Although the list of market structures can be virtually unlimited, these four types are considered to be the basis for understanding the principles of market performance in different market conditions. Each of the four types of market structures possesses its benefits and drawbacks. In any of these markets, an entrepreneur can develop a str ategy appropriate for conquering a part of the market niche. AlthoughRead MoreWhat Makes A Perfect Market?1420 Words   |  6 PagesWhen thinking about a perfect market a couple words should come to mind: availability and price. For the market to be going well for the supplier, the customer will need to be satisfied. To turn things around, the customer has to depend on the supplier. This is where availability comes in to play. The supplier’s job is to make sure the customer is able to access their products as easy as possible. Even though some companies to this day do not use e-commerce, in a perfect market e-commerce has to beRead MoreA Monopoly is One Supplier and Numerous Buyers899 Words   |  4 Pagesfirm in the market, which it means that they control the whole market. In monopoly, as there are no other firms or competitors it means that there are no competition. An example of monopoly is PLN, where it is the only electricity business in Indonesia, where there are no other competitors with PLN. While perfect market is where there are both numerous of suppliers and buyers. Perfect competition is where there are a huge amount of competitors or there is a big competition in the market. There isRead MoreA Research Study On An Academic Research Essay1658 Words   |  7 Pageswill entail research on the Perfect Competition Theory to determine its validity and reliability in market analysis. Firstly, the paper will outline the objectives of the research and provide methodologies applied. 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The responsiveness of measured by variable quantity Z to a modification in environment variable Y is the alteration in Z observed in response to an alterationRead MoreMarket Structure Of An Economics Perspective Essay1728 Words   |  7 PagesIntroduction Market structure from an economics perspective is defined as the characteristics of the market that impacts the behavior or way firms operate, which economists use to determine the nature of competition, and pricing tactics of businesses in the market. Within a market, the market structures are distinguished by key features, including the number of sellers, homogeneous or differentiated goods or services produced, pricing power, level of competition, barriers to entering or exit the

Dynamics of Corporate Social Responsibility †MyAssignmenthelp.com

Question: Discuss about the Dynamics of Corporate Social Responsibility. Answer: Introduction: International expansion can create numerous opportunities for a business which helps the organisation to grow and become more competitive in various markets. But it can be a difficult for the company to understand the business environment in a particular country. There are many companies which have grown due to their effective global strategy, research and adaptability. It is essential for the management to assess all the risks related to the industry because international expansion can be costly and it involves many complexities (Australia in brief, 2017). The main objective of this report is to analyse the risks and opportunities in Australia as it has been chosen as the target country for the expansion of the business. The factors which have been included for the assessment are political system, legal, economic, cultural, ethical, FDI and foreign exchange. These key aspects will allow the directors to take decision whether to expand the business to Australia. Furthermore, it will provide them with the information which will enable them to make changes in the products, services, approach and strategy according to the business environment in Australia. Apart from this, assessment table and recommendations have also been included in the report. Australia is the sixth largest country in the world and its population is about 23 million. There are more than 22,000 foreign companies which are registered in Australia. As per the index of Economic Freedom, it is ranked fifth (Figure 1) due to its well developed legal system, openness to trade, skilled workforce, bureaucracy and government system (Australia Trade and Investment Commission, 2017). It is also among the most attractive investment destinations. MNCs can be benefitted from the trade agreements of Australia with many Asian countries. It provides them more opportunities to increase their presence in other markets as well. According to the report of IMF, Australia has been growing at a good pace and the same trend is expected in the future as well (IMF Report: Australia, 2017). The factors which have been supporting the growth trend include commitment to trade, flexible exchange rates, forewing investments, institutional policies and macroeconomics factors. In terms of gr owth, the country provides low risk and safe business environment. The service sector has also been growing which provides support to various industries. Apart for this, there are five key industries which are performing exceptionally well in global markets. It includes Tourism, Education, Agribusiness, Financial services and Resources Energy. Moreover, abundance of minerals and energy resources has been useful for them to increase FDIs and exports. But unemployment rates have increased and many businesses except mining have not been performing well (Australia in brief, 2017). The government has been changing their policies to provide fundamental support to many companies which will allow them to get back on track. They have been focused on increasing productivity and the quality of the produces in the country. For example, the value of Dairy industry is over AUD 4 billion and it employs more than 40000 people. It is considered to be one of the most important rural industries in Au stralia. In 2016, the export value of milk production was 9.5 billion liters (The Australian Dairy Industry, 2016). It included products like cheese, milk powder, drinking milk, yogurt, custards etc. But milk production has dropped in 2017 which is a big concern for the government. In Australia, both domestic and international demand has been rising which is a great opportunity for a new company. Political system Australia has stable government and independent bureaucratic setup. It has helped in the development of transparent system and competent governance which is reflected in all the political processes. The structure of both national and state government has been given in the figure below. There are three levels which include Federal, states and local government. According to the Economic Freedom score, Australia has received 81 points which is above the world average of 60.9 (Australian Politics, 2017). The government is also progressive and effective in coping up with the challenges in economy. They have made significant improvements in their policies which has helped them to adapt to the changes. They have ensured that there are fewer restrictions on the foreign trade and investments which is beneficial for the industry. The spending of the government is also high which account for about 37% of the total GDP (Cavusgil, Knight and Rose, 2014). For a business perspective, it is favorabl e because it becomes easier for them to understand all the rules and regulations. Furthermore, there is no risk of complete change in the policies of the government. It has increased the opportunities for various industries and innovation. According to IMF, there have been two major reforms in the country. It includes NISA and National Innovation (IMF Report: Australia, 2017). These measures are taken by the government to boost up productivity, competition and entrepreneurial development. The government has allowed market forces to control the prices which have led to the development of the industry (The Australian Dairy Industry, 2015). Foreign companies can assure their long term presence as they will not be facing any difficulties from the political system which is well developed. Australian government has also been planning to balance their budgets in the near future (Cavusgil, Knight and Rose, 2014). It will have positive implications in the demand and better growth prospects w ill be available for the businesses. In short, the political system is favorable for the dairy industry. Australia has transparent and well developed legal framework. It is ranked 8th in terms of low corruption as per the Transparency International Corruption Perception (Australian Business and Environment Laws, 2017). But it is essential for a new business to understand all the rules and regulations of the country. The structure of the company should be chosen wisely as it can have different implications in taxation, registration and liabilities. For instance, Dairy industry and has been benefitted from the deregulation and rationalization of 2001. It has increased the efficiency and the quality of the produce. The producers are able to compete in the international market as they have been more competitive. Dairy Australia is an RDC organization which helps in RD and supply chain (Dairy Industry Development, 2016). In terms legal structure, dairy industry has favorable opportunities of growth in Australia. The legal regulations for other indusirtes have also been simplified. The company tax is 30% and foreign individuals are taxed for their earnings sourced in the country. Furthermore, business should also take into account the consumption tax and GST (Legal system, 2017). There are certain legislation and on trade activities and businesses in Australia. The state government, territory and councils have taken many steps to streamline the entire process. They have ensured that the rights of consumers are protected, fair trading is encouraged, healthy competition exists and reduced conflicts among the consumers, suppliers and business owners (Legal system, 2017). Some of the legislations have been given below: Privacy laws: Individual privacy laws and protection of sensitive information should be ensured. Environment legislation: There are legislation related to specific industries and prior approval has to be taken before commencing the business (Australian Business and Environment Laws, 2017). It attracts assessment and licensing. Furthermore, environmental protection and cultural concerns have to be taken care. Australian Consumer Laws (ACL): There are guidelines and norms towards product safety, contract terms, lay by agreements, consumer rights etc (Carvan, 2002). Product liability regulation: Safety and standards of the product have to be ensured by the business owner or company. ACCC (Australian Competition and Consumer Commission) does not allow harmful and sub-standard products to enter the market. Competition laws: Fair trading laws and regulations have to be followed which may differ in different states. There are certain obligation and responsibilities of the business owners which have to be fulfilled by them otherwise it can give rise to penalties. Economic system The free market economy of Australia has helped them to grow in spite of recession. The total value of Australian GDP in 2017 is AUD $1.6 trillion. The main sectors which have been contributing heavily in the growth are services, mining, construction, agriculture and manufacturing. It is estimated that the GDP of Australia will increase to 3.1% in 2017 and 3% in 2018 (Hatfield-Dodds, Schandl and McCallum, 2015). The rise of commodity prices has also helped the economy to improve its position. But still there are many vulnerabilities which cannot be ignored and it is likely to remain in near future as well. Apart from this, both business and consumer confidence is high which is beneficial for Australia. The labor market has been improving which has reduced the unemployment rate to 5.7% in 2016 Australian Performance, 2017). More than 80% new jobs have been created in the 2016. On the other hand, the growth in wages has remained low due to cost pressures. The government has been taking decisions to help the business to grow. It is reflected in the increased net exports and household consumption. For example, Australia exports more than half of its produce to other countries. It is only behind EU and New Zealand in the rankings of largest producers. It is also comprised of 10% in global trade and main destinations include Japan, Malaysia, Indonesia, China and Singapore (Dairy Industry Development, 2016). But changes in the price of milk due to change in demand can affect the business. 2015 and 2016 has been the toughest season for the domestic producers. It is also expected that some of the companies will shut down due to tight and negative margins. Other industries such as IT, manufacturing, Tourism, Education, Agribusiness, Financial services and Resources Energy have been performing well. It can create new opportunities for the new business. There were many factors in 2016 which slowed down the growth of the economy. But in 2017, the trend is likely to improve as domestic demand is expected to rise. The employment and inflation will also increase (Pandya and Sisombat, 2017). But still there will be some micro financial issues which will affect the economy. It can increase the risk on the many sectors. The two main problems are house prices and uncertainties in China. Moreover, high debt ratios, current account deficits and external liability have been a concern. Therefore, in terms of economic outlook, the new company has to take prepare themselves for the ups and downs. They have favorable conditions but they have to remain cautious. Cultural context Australia is a multicultural society and the number of immigrants has increased in the recent few years. A new business has to prepare itself to cater to the need of people from different backgrounds and origins. Most of the people are Christians (over 50%) but other religions are also present (Garling, Hunt and Sanders, 2013). There are also Oceanians, Torres Strait Islander and Aboriginals. Apart from this, there is no official language in Australia. Most of the people speak English but it is considered to be a monolingual nation. The other languages include Mandarian, Italian, Arabic etc. On the perspective of communication, Australian is friendly and open. They respect each other as well as different opinions (Markus, 2016). They prefer directness in conversation and interactions. They require more information about a person before communication. Most of the people are well educated and competent. As a result, the unemployment rates are lower as compared to other countries and wa ges are higher. Australia is low in power distance which means power is not concentrated among few groups. It is spread out evenly among all the people. There is more equality and better access to power. Furthermore, in terms of uncertainty avoidance, Australia has scored low. This implies that Australia avoid uncertainties (Schaper, Volery, Weber and Gibson, 2014) . They prefer stability which increases their anxiety. They take rules and regulations seriously and follow them. Moreover, they are individualists and it is considered important in the society. They tend to support their personal objectives over groups goals. They are also inclined towards masculinity. The traits which are common among the people are ambition, achievements, strong personality, money acquisition etc. A new business has to ensure that they take into account all the information and produce goods or services of high quality. The new company in has favorable conditions in cultural perspective and it will allow them to increas e their market share easily. Ethical, CSR and sustainable environment CSR or Corporate Social Responsibility has become an important part of Australian businesses. The government has made sure that all the products and services follow the regulations and fulfill their CSR commitments (Crowther, Seifi and Moyeen, 2017). The environmental sustainable policy has been focusing on creating mandatory standards for the protection of environment and resources. The policy includes: Waste minimization Reducing carbon emission Greenhouse gases Minimizing pollutions Environmental management Use of energy According to the index of Sustainability Development Goals (SDG), Australia has been ranked in the world. This index compares the practices and performances of different nations (SDG, 2017). It includes 17 goals related to health, climate change, social context, environmental and sustainable economic development. Australia is behind many countries such as Canada, UK, Germany etc. Australia is among the highest carbon emissions countries (Environmental sustainability policy, 2017). Their policies are underdeveloped and there may be significant changes in the near future. The government is getting more attentive towards their environmental goals which will result in more strict rules and regulations. The SDG index also shows that immediate action is required because they are on vulnerable condition (Ross, 2017). It can have negative implications on the industries which are related to fisheries, minerals, carbon emissions etc. They will have to obtain licenses and approvals from the con cerned authority. A business has to take this aspect into consideration because any change in the sustainable policy means that they have to change their entire process (Crowther, Seifi and Moyeen, 2017). It will not only increase the cost of the company but it will burden of debts on them. The CSR practices and changes may create unfavorable conditions for the new company in Australia. Foreign Direct Investment (FDI) Foreign trade is considered important in Australia and the total value of exports and imports account to over 41% (Whitton, Baker and Mounter, 2016). The open market allows trade freedom, investment freedom and financial freedom. All the industries allow FDI and foreign competition. Open market system means the government has allowed privatization in most of the industries. But they make sure that they regulate and keep a check on all trade activities to avoid any issues (Armstrong, Reinhardt and Westland, 2017). The competitiveness of Australia has increased in service industry, high quality manufactured goods and technology. The main sources of exports are agriculture, mining and minerals. According to the FDI Confidence Index, 2017, the confidences of the investors remain strong (Foreign Direct Investment Confidence Index, 2017). Even though, their ranking has dropped in recent few years yet Australia remains an attractive location for business. They have been benefitted by strong ties with Asia which has increased to $408.7 billion (Pandya and Sisombat, 2017). Furthermore, The FDI inflows of Australia have increased by 38 %. In 2015, the value of FDIs inflows was USD 38 billion which has gone up to USD 52 billion in 2016 (Australian Performance, 2017) . The global trade has been affected by weak demands and uncertainties in many economies. It has led to the decrease in Global FDI which has dropped in 2016. But Australia has performed well in these conditions which is a positive sign. In 2017 and 2018, the world trade and FDI are likely to improve which will be beneficial for Australia (FDI Inflows, 2017). The Trade and Investment Ministry of Australia has also been allowing FDI in many industries such as agriculture, manufacturing, services, It etc. It has been due to the international reputation of many industry and their quality produces. Thus, FDI investment will not create any hurdles for the new company and it will provide favorable opportunities for t he growth. The value of the Australian currency has decreased from 2013. It was 0.9679 in 2013 which reduced to 0.7661 in 2017 for AUD/USD (Exchange rates, 2017). It is essential for the business to use forwards, futures and options to avoid any risk of currency fluctuations. According to IMF, 87% of the liabilities in Australia are in foreign currency. On the other hand, 49% of the assets ate are in foreign denomination (Changes in currency, 2017). Depreciation in domestic currency can create problems for a business. It is important for them to hedge to avoid risks. Many Australian companies have been following this method which has been beneficial for them in the long run. Year Rate Average 0.8265 2013 0.9679 2014 0.9028 2015 0.7521 2016 0.7436 2017 0.7661 Recommendations Australia is an attractive destination for foreign investment and business expansion. It can provide lot of opportunities for the growth and development of the company. It can be seen from the analysis that there are both positives and negatives in the country. The new company has to prepare themselves for the future events. It is highly recommended that the management should make changes in their products and services keeping in mind the multicultural context in Australia (Schaper, Volery, Weber and Gibson, 2014). Criteria Favorable Moderate Unfavorable Political system v Legal system v Economic system v Cultural context v Ethical, CSR and sustainable environment v International trade v Foreign Direct Investment (FDI) v Foreign exchange v Score 4/9 3/9 1/9 It can be seen from the above that the favorable are more. Thus, the new dairy company will be able to survive and grow in Australian market. Conclusion It can be concluded from the broad risk analysis of Australia that there are lot opportunities for business growth and development. But there are certain risks which have to be taken into consideration by the company before starting their business. They should not use a generalized approach for all the countries. They should be more focused on adaption and proactive approach should be used to compete in the industry. From the assessment, it can be seen that a new business can easily flourish in Australia. But the management has to make sure that they understand the legal complexities and take prior licenses before commencing. They should also prepare themselves for the economic vulnerabilities which can have significant effects on the business. References Armstrong, S., Reinhardt, S. and Westland, T., 2017. Are free trade agreements making Swiss cheese of Australia's foreign investment regime? International Journal of Public Policy, 13(3-5), pp.290-303. Australia in brief. 2017. [Online]. 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