Navigating Globalization Immigration Policy - MyAssignmenthelp.com

Question: Discuss about the Navigating Globalization and Immigration Policy. Answer: Introduction With globalization, organizations have expanded in different parts of the world. The large companies in the world like Google, Microsoft, Amazon have their presence in almost every country. The expansion of organizations in global world has increased corporate responsibility for organizations. There is an interesting debate around the corporate strategy and responsibility of organizations in global world and international market. This is definitely an interesting debate! Campbell Tham (2014) argued that it is a combination of both reason being; with globalization, not only does one benefit economically, financially, technologically but also through spread of knowledge. The west has been fortunate enough to ripe from such benefits hence their development level. To get to where they are, they have had to constantly adjust and move with the changing times. Competition is one of the biggest driving factors of businesses; employment rules have been adjusted to fit the era- people are no longer hired only based on skills but also competencies that are useful in achieving the organizations success; the workforce is more culturally diverse than ever before; international cooperation is the current hit witnessed through economic blocks, union, etc. Amidst these tough challenges, organizations have to make their way forward. The expansion of organizations has also changed the visa market (Capling Nossal, 2001). With organizations, there has been an increase in the movement of people across borders. One of the most widely used Visa to work in Australia is Visa 457. This visa is being used to fulfill the shortage of the skilled labor in the country. The objective of this paper is to discuss the arrival of Amazon in Australia and to discuss the impact of 457 visa. The paper is divided into parts. The first part discusses the entry of Amazon in Australia and the second party discusses the impact of 457 visa. Arrival of Amazon in Australia Amazon is a multinational organization that was founded in the year 1994 by Jeff Bezos. Today, it is the largest Internet-based retailer in the world by total sales and market capitalization. The company has the revenue of more than $135 billion and it has an employee strength of 3,41,000. Amazon considers Australia as one of the key markets as Australia contributes a lot towards organizational development. Today in the globalized world, conscious capitalism is the conscious of doing business the right way and being authentic; however, the difficult part for organizations is understanding in what ways they are able to be authentic when running a business (Hampson, 2014). Today, Amazon is a known brand in the country and the business has been proven beneficial for different stakeholders. The key benefits of Amazon entry in Australian market can be discussed as: The most important benefit with the arrival of Amazon is the increase in the options of choices for end-consumers. Among all the stakeholders, end-consumers are the one which has been benefited a lot. Today, consumers in Sydney can get the products with their finger tip. This has been possible only with the expansion of Amazon in Australia market. The entry of Amazon in Australian market has also increased the competitiveness in the market. Today, the existing players in the market find it difficult to maintain any monopoly in the market. This has been possible only because of increased competition (Velayutham, 2013). With Amazon, the existing players also have to give the discount and this has ultimately helped end-consumers a lot. From the perspective of government, the benefit with the entry of Amazon is the creation of more job opportunities. The entry of Amazon and other multinational organizations has created tremendous job opportunities in the local Australian market. Amazon i s an American multinational but it can bring all the employees from USA to operate in Australia. The benefit for society is the available of products without any problems. Today, the consumers in Sydney can get the products from the Indian sellers that are listed on Amazon. With the forces of globalization and the entry of Amazon in Australian market, the world has really become a small place. Today, consumes have access to the product and services from different nations at their door steps. Amazon is an e-commerce company that has the listing of all retail items. The retail industry in Australian has grown significantly with the entry of Amazon (Mares, 2012). The impact of arrival of Amazon on retail, wholesale and throughout the way business is done can be discussed as: Impact on retail, whole sale and through the way business is done Australia is one of the most favorable countries in terms of trade. Whether the domestic trade or the international trade, Australia is one of the most favorable countries for trading. The country has a very open market with less restriction than any other developed country. Domestic investors as well as the foreign investors are more than happy with the legal as well as the political environment of Australia. There are numerous commodities and services that Australia trade. With the entry of Amazon in Australia, the retail sector has got the required push. There is an increase in the growth of whole sale market also. It would be correct to say that the entire business in the country has become competitive with the entry of Amazon in the Australian market. Possibly, one of the biggest advantages of Amazon is the positive sentiments among people. Today, Australian citizens have abundant resources at their disposal (Robertson, 2014). The peoples mindset on Amazon coming to Australia ca n be discussed as: Australia is a country that is willing and actively trading with the entire world. In fact, within the last 20 years, Australias government has been establishing a strong network with many nations, which share commonalities in history, political point of views, culture through a country-to-country trade as well as international investment. Australia plays a vigorous role in not only regional but also worldwide organizations. One of many examples is, together with 50 other countries, Australia was a founder of the United Nations, which is an international organization that encourage global collaboration (Boese Campbell, 2013). With the entry of Amazon in Australia, the people mindset has been really positive. The people in the country has welcomes the move as now they have more options. The Australian citizens are happy as the entry of Amazon has increased the competition in the market and today people can easily switch the retailers. The entry of Amazon and the expansion of e-commer ce has also reduced the entry barriers and the switching barriers. The only stakeholders that may not like or welcome the entry of Amazon in Australian market would be the existing retailers in the country like Coles and Myer (Wellings, 2014). The relevance of Amazon in Australia for large retailers like Coles and Myer can be discussed as: Relevance of Amazons entry for large retailers like Coles and Myer The large retailers of the country like Cole and Myer may not welcome the step of Amazon entry in the country as it has weakened their strategic position in the market. With the entry of Amazon, people have realized the importance and benefits of electronic channel and e-commerce. Recently, Coles and Myer have also launched their e-commerce arms. However, in Australian context, it is very difficult for the local players to reach the scale of Amazon. Moreover, Amazon is a giant in e-commerce industry (Walsh, 2008). The company has the ability to sustain the losses and keep attracting the consumers mind of share and mind of wallet. This strategy is actually not feasible for Coles and Myer in long term. It is critical that the existing retailers in the country like Coles and Myer must use the strategic management approaches like horizontal integration or vertical integration to give tough competition to Amazon. The 457 visa provides two main alternatives: business sponsorship and self-sponsorship. The full title of this subclass of visa was Temporary Business (Long Stay) and was introduced soon after John Howard became Prime Minister in 1996. There was a change in the title of the visa to Temporary Work (Skilled) (Subclass 457) visa on 24 November 2012. The people who hold the 457 Visa can work in Australia for a period of 4 years. The Visa holders can also bring their partner and family along for that period. There are chances that this Visa might get abolished by the government. The government is in a fix for this Visa. At one side, government wants to fix the issue of lack of skilled labor in the country. On other side, the government wants that the jobs should be first distributed to Australian citizens and the entry of outside people should not have any impact on local citizens (Wesley, 2000). This Visa is actually an answer to handle the shortage of skills in certain industry. It can be discussed in more detail as: Australia is the fundamental post-industrialized economy that avoided the world money related downturn that happened. Nevertheless, Australia's associates have persevered through money related retreats, which has moreover impacted Australia's passage economy. The government of Australia has always focused to protect its domestic industries. Department of Foreign Affairs and Trade (2016) highlighted that for the period 2015-2016, Australia heavily imported some major products including passenger motor vehicles, refined petroleum, telecom equipment and parts, computers and medicaments. On the other hand, the country was also a great exporter, which delivers several major types of goods to the rest of the world. Such products include mining and resources: irons ores, gold, coals, natural gas and beef. With the 457 Visa in place the government wants to ensure that the domestic industries which are export oriented should continue to grow. There are lot of strategic issues associated with 457 Visa (Birrell Healy, 2016). These strategic issues and the perception that it gives to the external world can be discussed as: Strategic issues One of the key strategic issue with this visa is that it is granted only for 4 years. There was a time when it was very easy to get the Visa. However, the regulations have tightened in recent times. However, government wants that the perception should be positive at least among the top trade partners of the country. The G20 countries are the top priority for Australias trade policy. Besides G20, commonwealth nations are also among the key trading partners of Australia. Other countries such as US, Britain, Mexico, Turkey and Korea are also very significant trade partners of Australia (Birrell Healy, 2016). It is also important to understand the issues and the viewpoint of Australian government. The broader view of Australian government on policy implementation can be discussed as: According to the survey, the Australia is the 4th largest economy in the Asian region as well as 12th largest economy in the world. Australian government monitors its trade according to the Department of Foreign Affairs and Trade. There are Regional, Bilateral and Multinational kind of trade. As discussed above, the government is in a fix for this Visa. At one side, government wants to fix the issue of lack of skilled labor in the country. On other side, the government wants that the jobs should be first distributed to Australian citizens and the entry of outside people should not have any impact on local citizens (Birrell Healy, 2016). The arrival of imported goods has brought many benefits for Australian consumers and businesses. Imported products coming into Australia with the free flow of goods and with tax benefits, result in a cheaper product, even if taxed, this amount is not so great. The government wants that it should continue. However, the jobs of local people should not be compromised. It is also important to understand the impact of 457 Visa on management consultancy business in Australia. This impact cane be discussed in detail as: It can be said that the restriction of 457 Visa would not have positive impact on management consultancy business in Australia. The management consultancy business in Australia is always dependent on skilled resources that it gets from domestic and international market (Wright, 2014). The restriction of 457 Visa is not a welcomed step by management consultancy business. Conclusion The above paper discusses the impact of arrival of Amazon in Australian market and impact of 457 visa. By viewing the given information, it is a lot easier to analyze the trend of trade in the global market. Although Australia is one of the most globalize country in the world, the country is taking very aggressive steps towards globalization. The relations between Australia and other countries have become healthier in recent years. There are minimum restrictions to the trade in Australia when we talk about international trade (Hawthorne, 2012). This has changed the idea of foreign investment in the country and boosted trade with foreign countries. The production is witnessing boom with the gates of foreign investment opened. The government is providing favorable conditions to the investors. The trade of Australia contributed almost two-thirds of Australias economic growth. In coming year, it is expected to grow even further. It can be concluded that management consultancy business wo uld not be very happy with the restrictions imposed on 457 Visa. However, it is important that the local players in the country should find a way forward to address the skill shortage problem in the country. At the same time, government should also think from a long-term perspective. A sustainable solution could be achieved with an integrated approach among all the stakeholders like government, management consultancy businesses, organizations, employers, employees, citizens and society at large. References Birrell, B. and Healy, E., 2016. Globalization, Immigration Policy, and Youth Employment in Australia. InCreating Social Cohesion in an Interdependent World(pp. 263-280). Palgrave Macmillan US. 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