Infinny Binny Pty Limited Business Report

Based on the results obtained, it was recommended for Infinny Binny Pty Ltd to expand into New Zealand. Table of Contents Table of Contents 1. 0 Introduction……………………………………………………. 0 Political Enivironment…………………………………………………. 1 The Government Stability……………………………………………………………. 1 Technological Infrastructure……………………………………………. 2 Communication Network…………………………………………………. 3 Analysis………………………………………………………………. 0 Legal Environment……………………………………………………………………. 1 Business Laws……………………………………………………………. It will also undertake a SWOT evaluation of the penetration potential of the company to the target region and then give recommendations to Infinny Binny Pty Limited on whether it is appropriate for the expansion to take place on the identified region. 0 Political Environment 2. 1 The Government Stability The elections in New Zealand takes place every three years and two months. this aspect implies that election in the county is much frequent than expected. Such frequencies can be disappointing to the establishment of new business ventures2.

The political environment is moderate and can allow the establishment of the new business in New Zealand. 0 Economic Environment 3. 1 Exchange Rate Fluctuations The Australian currency is much stronger than the New Zealand currency (1 New Zealand dollar is equal to 0. 95 Australian dollars)4. The exchange rate of the two currencies has not been subjected to great fluctuations over the last year indicating a stronger economic base. Long Term Orientation verses short term normative orientation Low Low New Zealand and Australian employees are both long-term oriented. 2 Analysis With the outlined Hofstede’s Cultural Dimensions between Australia and New Zealand are in a great way not similar. The conclusion made from this is that the socio-cultural environment is considered as a threat since it exceeds the opportunities.

Therefore, socio-cultural environment creates a negative environment for the operations of the business. 0 Technological Environment 5. 0 Legal Environment 6. 1 Business Laws New Zealand has developed policy relating to the effective regulation of its capital and financial market as well as key market intermediaries to ensure that their various practices are reliable8. The business laws act as a guide and protect the rights of all types of businesses including external businesses. They also provide key information to the public that is important in understanding the legal framework of the country. 2 Labor Laws The government of New Zealand enacted the minimum wage bill that is aimed at protecting the employees and ensuring that their issues have been addressed9. 0 Recommendations The evaluation gave a light into the following recommendations for Infinny Binny Pty Ltd; The new establishment should seek to expand into New Zealand in the long term after the completion of the general election and there is a stable political environment13.

Infinny Binny Pty Ltd should bring key financial resources into New Zealand and support the initial stages of the establishment until the ultimate growth has been sustained. Infinny Binny Pty Ltd should also consider training new employees in New Zealand to make sure that they are lieu with all the products that they offer and that they can effectively operate the activities of the company with fewer challenges. References Data analytics outsourcing industry global market research report 2016.  PR Newswire (2016): Retrieved from https://search-proquest-com. , Paul Christodoulides, and Des Thwaites. "External Determinants and Financial Outcomes of an Eco‐friendly Orientation in Smaller Manufacturing Firms. " Journal of Small Business Management 54, no. Medina Munro, M. , & Belanger, C. 1108/SEJ-06-2016-0021 Raziq, Abdul, and Raheela Maulabakhsh.