Professional Documents
Culture Documents
Group Name:
Excalibur
Group Members:
Md Arman Noor Sahad
Md Mahmudul Hasan
Mir Ishrak Maheer Dhruba
Tonmoy Roy
Dewan Ehsan Hamid
A place of Authentic
Indian and Bangladeshi
cuisine
New Zealand
An island country in south western Pacific Ocean
Situated 1,500 km east of Australia
Divided into two main land masses (north and south)
and numerous smaller islands.
New Zealand is a constitutional monarchy with a
parliamentary democracy
Elizabeth II is the Queen of New Zealand and the head of
state. The Queen is represented by the Governor-
General, whom she appoints on the advice of the Prime
Minister.
New Zealand’s Economy
GDP(in Billion dollars)
160
158.7
158
156
154 153.2
152
150
149
148
146
144
2012 2013 2014
Column1 Series 3
New Zealand’s Economy
3 2.8
2.5
2.5
2
1.5
0.5
0
2012 2013 2014
Column1 Series 3
New Zealand’s Economy
4%
27%
70%
6.15
6.1
6.05
5.95
5.9%
5.9
5.85
5.8
5.75
2013 2014
Column1 Series 3
New Zealand’s Economy
Inflation Rate
1.6
1.4%
1.4
1.2 1.1%
1
0.8
0.6
0.4
0.2
0
2013 2014
Series 3
Age Structure in 2014
0-14 years
14%
20%
15-24 years
11%
25-54 years
14%
55-64 years
65 years and
40% above
• Auckland is the largest and most populous urban area in the country.
• Population of 1,413,700, which constitutes 31 % of the country's
population.
Factors to Consider When establishing a
Business in Foreign country
• Political climate and Property rights
• Economic conditions
• Factors of production
Political Climate and Property Rights
Most secure property rights
very good political freedom
tops the list for freedom to start a business
quick papers formation
Economic Conditions
• Low debt-to-GDP ratios are good for business. But
New Zealand’s figure rose to recording 37.5% in 2013
and then to 35.9% in 2014. Though the ratio is very
high, records and future economic forecasts suggests
that this figure will fall, which will give more
favourable conditions for working there.
• Good Inflation rate
• Decreasing Unemployment
Factors of Production
• Land: Space can rented easily.
Resources readily available in supermarkets.
• Labour: Human resources such as cleaners and waiters can be
easily appointed.
Chefs are not quite easy to find.
Market Research
• New Zealanders enjoy Indian food
• But the number of good Indian restaurants in Auckland is low, and a
good restaurant is what they are waiting for.
• People at New Zealand like marine dishes and Bangladeshi fish dishes
are very tasty.
• There are lot of people from Indian subcontinent living in New
Zealand who are fond of authentic Indian cuisine.
Expected challenges and solutions:
• Availability of Spices
• Threshold to Spiciness
• Availability of Chefs
Reference:
• https://www.cia.gov/library/publications/the-world-factbook/geos/nz.html
• http://internationalpropertyrightsindex.org/
• http://www.doingbusiness.org/data/exploretopics/starting-a-business
• http://www.tradingeconomics.com/new-zealand/government-debt-
to-gdp