Question: Create an Executive Summary based on the details below. It will be presented to the client to persuade her to invest in Australia.

Were dealing with a very rich entrepreneur who has more money than she knows what to do with and has decided she would like to develop a business in Australia because she was a big fan of the Crocodile Dundee films in the 80s.

Shes really not sure of even the type of business shes looking to employ there (although shes made her fortune in the candy bar industry)

Were going to need a presentation on Australia and the pros and cons of investing there; well use the EPIC tool to have discussions with. As well it would be great if we looked at what type of businesss may or may not prosper in the region including her own niche of candy bars. And perhaps add a little comparison to New Zealand as the client is a big Lord of the Rings fan too. Explain your assumptions, reasons, analysis, and recommendations.

Investing in Australia

Introduction: Welcome to this presentation on Australia, its business environment, and potential opportunities for investment. We will also discuss the suitability of different types of businesses in Australia, including the candy bar industry, and provide a comparison with New Zealand.

Environmental Analysis using EPIC Tool: EPIC is a useful tool for analyzing the environment for businesses. Let's use this framework to examine the Australian business environment.

Economic Factors: Australia has a stable and diversified economy with a GDP of $1.4 trillion. The country has a high standard of living and is considered one of the most prosperous nations in the world. The economy is heavily reliant on mining, agriculture, and services.

Pros:

Stable and diversified economy

High standard of living

Cons:

Heavy reliance on mining and agriculture

High labor costs

Political Factors: Australia is a democratic country with a stable political environment. The government encourages foreign investment and has policies in place to protect investors.

Pros:

Stable political environment

Supportive government policies for foreign investment

Cons:

Complex regulatory environment

High levels of bureaucracy

Infrastructure Factors: Australia has well-developed infrastructure, including roads, ports, and airports. The country is well-connected to the rest of the world and has a highly skilled workforce.

Pros:

Well-developed infrastructure

Highly skilled workforce

Cons:

High cost of living

Limited access to some regional markets

Cultural Factors: Australia has a diverse and multicultural society. The country has a strong entrepreneurial spirit and a high level of innovation.

Pros:

Multicultural society

Entrepreneurial spirit

Cons:

Geographically isolated from major markets

Limited domestic market size

Business Opportunities in Australia: Australia has a diverse range of business opportunities across various sectors. Some potential business opportunities for our client may include:

1) Tourism: Australia is known for its natural beauty and attracts millions of tourists every year. Our client may consider investing in tourism-related businesses such as hotels, resorts, or tour operators.

2) Food and Beverage: The food and beverage industry in Australia is growing rapidly, and there is a high demand for new and innovative products. Our client's candy bar business may be successful in this market.

3) Technology: Australia has a thriving technology sector with a highly skilled workforce. Our client may consider investing in technology-related businesses such as software development or e-commerce.

Comparison with New Zealand: New Zealand is a small country with a population of only 5 million. The country has a stable political environment, a strong tourism industry, and a high level of innovation. However, New Zealand has a limited domestic market and is geographically isolated from major markets.

1. Economics:

Australia has a much larger economy than New Zealand, with a GDP of over $1 trillion compared to New Zealand's $205 billion. Australia also has a more diverse economy, with strong sectors in mining, finance, and tourism. New Zealand, on the other hand, is heavily reliant on agriculture and tourism.

A large and diverse economy offers many opportunities for investment and growth. However, higher costs of doing business, such as higher wages and rent, can eat into profits.

On the other hand, investing in New Zealand will result in lower costs of doing business, especially in the agriculture sector, which could benefit our entrepreneur's candy bar business.

But, a smaller and less diverse economy means fewer investment opportunities.

2. Politics:

Australia and New Zealand both have stable political systems and are generally seen as good places to do business. However, there are some differences in their political landscapes that could impact investment decisions.

Investing in Australia would have a stable government and legal system, as well as a business-friendly regulatory environment, make Australia an attractive place for investment. However, some investors may be concerned about political instability in the wake of recent leadership changes.

Investing in New Zealand have a transparent and stable government that is committed to attracting foreign investment. However, the small size of the country means that it may not have the same level of influence in international trade negotiations as larger countries.

3. Infrastructure:

Both Australia and New Zealand have modern and well-developed infrastructure, including transportation, communication, and energy networks.

In Australia, there are a large and modern infrastructure network that is well-suited for business and the cost of infrastructure development and maintenance is high.

Similarly, New Zealand also have a modern and efficient infrastructure network that is well-suited for business. On the contrary, the small size of the country means that some infrastructure, such as transportation networks, may be limited in scope.

4. Competence:

Both Australia and New Zealand have well-educated and highly skilled workforces.

There is a highly skilled workforce that is well-suited for advanced industries such as technology and finance in Australia. However, investors may expect high wages and competition for skilled workers can make it difficult to attract and retain talent.

Whereas, in New Zealand, a highly skilled and adaptable workforce that is well-suited for a variety of industries. Despite that, the small size of the workforce may limit opportunities for growth in certain industries.

Recommendations:

Overall, based on the EPIC analysis of the two countries mentioned above, Australia presents numerous opportunities for investment. The country has a stable political and economic environment, well-developed infrastructure, and a diverse range of business opportunities but at a higher cost. New Zealand may be

a more cost-effective option, but with a smaller economy and workforce. As for the potential business ventures of our entrepreneur, both countries have strong tourism industries that could support a candy bar business and our client's candy bar business may also be successful in the growing food and beverage industry. However, the larger economy of Australia, may offer more opportunities to expand into other markets and industries. Also, it is essential to carefully consider the regulatory environment and navigate any bureaucratic hurdles that may arise. Ultimately, the decision will depend on the specific goals and preferences of our entrepreneur.

In conclusion, we recommend that our client conduct further research into the Australian market and seek professional advice before making any investment decisions. Australia presents a compelling business opportunity, and with the right strategy and planning, our client may ac