As an entrepreneur originally from Malaysia, you are interested in expanding your business to Australia and the UK. As part of your initial analysis, you will want to know what the minimum investment is required to enter these markets. To get the right estimate, you use the services of a consulting company to conduct an initial investment analysis. This consulting firm provides brief reports on the minimum investment required for each country. From this report, the minimum investment is 30 million Australian dollars (AUD) and 15 million British pounds (GBP). To make a clear comparison using current exchange rates, you must first convert each currency into United States dollars (USD). As an entrepreneur, would you prefer to go to Australia or the UK? Provide arguments and examples to support your statement!.
As an entrepreneur originally from Malaysia, you are interested in expanding your business to Australia and the UK. As part of your initial analysis, you will want to know what the minimum investment is required to enter these markets. To get the right estimate, you use the services of a consulting company to conduct an initial investment analysis. This consulting firm provides brief reports on the minimum investment required for each country. From this report, the minimum investment is 30 million Australian dollars (AUD) and 15 million British pounds (GBP). To make a clear comparison using current exchange rates, you must first convert each currency into United States dollars (USD). As an entrepreneur, would you prefer to go to Australia or the UK? Provide arguments and examples to support your statement!.
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