Реферат: Australia Essay Research Paper AustraliaExecutive SummaryThere are

for nationalism is also unwarranted because Australians have hopes of attaining

the “American good life.” Our image as a nation demonstrates a positive public

relation between two countries.

Joint Venture (unincorporated)

A foreign company deciding to do business in Australia has a selection of

business structures available. The most common forms of organizations are

representative offices, branches of parent companies’ subsidiaries, sole trades,

partnerships and joint ventures. Joint ventures in Australia are a very common

business practice, with some differences in structure from that of the United

States but they are similar enough for American investors to comprehend.. An

unincorporated joint venture may be described as “contractual”, meaning that a

separate entity is not formed. Shares are not allocated for payment of any

kind; and they end up resembling a partnership. Incorporated joint ventures are

companies that have shareholders with no rights to the company’s assets; which

are not exposed to sharing losses, but which do participate in distributed

dividends. Legal restrictions are limited and private companies operate

basically uninterrupted as long as established ethical business codes are

followed. Any company that registers in Australia falls under their corporation

law jurisdiction. Hybrid forms of joint ventures can be created to meet the

demands of each participant involved. After having carefully reviewed our

options, we chose the unincorporated joint venture with a company whose name and

reputations are established.

Our Partner

Australians are very demanding regarding timely delivery, product warranties

along with consistent advertising and promotions. They are proven to be very

quality conscious and discerning. The decision to pursue a joint venture was to

limit initial investment and operating expenses, limit liability/lower risk and

ease into the market via a company well aware of the culture and infrastructure.

Our partner company is F.H. Faulding & Company Limited, positioned in Parkside,