Workforce Planning in the Australian Retail Industry
Socio-Economic Profile
With a strong economic development, Australia reached an average economic growth of 3.5% each year for 20 years, remaining strong and keeping its inflation under control during the economic recession (Index Mundi, Australia, 2013).
The country’s natural resources attracted many investors over the years and being an open market let to attracting high foreign investments, stimulating its economic growth, making it more flexible and dynamic (Index Mundi, Australia, 2013).
Regarding the country’s social profile, its early population was composed of British and Irish citizens; after the World War II Australia initiated an aggressive campaign of ...