From a commercial profit perspective, why is it important for Australian businesses to be aware of the needs of those in nearby Asian nations?
A) Because political correctness demands a better understanding by businesses of all the world's cultures
B) Because more than 80 per cent of Australia's trade and two-thirds of its inbound tourism and immigration come from nearby Asian countries
C) Because many Asian people work in Australia
D) To promote peaceful relations in our region
E) To contribute to cross-country border control cooperation

Question

Quizplus · Accepted Answer

With more than 80% of Australia's trade and two-thirds of its inbound tourism and immigration coming from nearby Asian countries, it is crucial for Australian businesses to understand the needs and preferences of this key market to maintain and grow their profits. Ignoring the needs and preferences of nearby Asian nations may lead to a loss of potential customers and business opportunities, which may ultimately lead to a decline in the profits of Australian businesses.

From a Commercial Profit Perspective, Why Is It Important for Australian