Problem 1
a.) Impact of globalisation on Australia’s automotive industry:
The industry has access to major world markets like the U.S.A and Europe. This presents an increased market size to which the industry can participate by selling their products. This means that globalisation is providing more opportunities to the Australian automotive industry.
Globalisation provides major vehicle producers with a grater choice as to the locations for designing vehicles, obtaining supplies of a particular model they produce and a choice as to where they obtain components for their various models. This has resulted in an increased competitive pressure for the Australian automotive industry since ...