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How Does Globalization Affect Australia

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Now what really is Globalization? In this modern era, the term “Globalization” is used, accepted, and treated widely in most parts of the world. It is a worldwide movement toward economic, financial, trade, and communications integrations. Globalization has affected many nations in various ways, economically, politically, environmentally, and socially.

One country that has been affected by globalization is Australia. When you think australia you think the home of the kangaroos, but really it's not that different from America. Globalization is not new to Australia from this day. It all started since European settlement over 200 years ago, Australia has always been connected globally in terms of trade. Up until WW2, britain influenced social …show more content…

Talking about developments Australia is the home to many multinational businesses. These companies managed to achieve success both domestically and globally because they are able to develop great products and marketing campaigns that are appealing to consumers around the world. Businesses of all sizes can learn valuable lessons from them. Here are a few successful Australia Multinational businesses, which are Telstra, Wesfarmers, QBE insurance, Amcor, and Commonwealth bank. Out of all these companies the one that stood out the most to me was Telstra, because Telstra is presently the largest Australian telecommunications and media company, offering a full range of communications and services and competing in all telecommunications markets. They believe that the more connected people are, the more opportunities they have. That's why they help create a brilliant connected future for everyone, everyday. After visiting there website and hearing what they have to say now I can definitely conclude why they do so well, they are very persuasive with words. That's probably why in 2013, the company generated $25.5 billion in

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