Analyzing the Business Decision or Problem BACKGROUND Since the rise in their popularity, SMEs have consistently grown and generated interest from a wide range of stakeholders including government, researchers, customers and non-governmental organizations etc. basically SMEs companies are based on small scale which is also known as micro enterprise or it is a business with less than five employees and includes self- employed individuals. Present research will be based onthe sustainability of small medium scale enterprise in Australia. In the context of sustainability, societyhasbeennowgrowingrapidlyandwantstobecomemore sustainable and socially responsible. So, the concept of sustainability needs littleattentiontogetsuccessinthecompetitivecontext.InAustralia sustainable management of business is considered to be the most necessary term for the businesses. Basically, the practices of sustainability include value,transparency,internalaudience,supplierrelationship,customer relationship,employee’sgrowthandthecontributionofbusinesstothe environment development. RATIONALE The main reason to conduct the project is to research and examine the sustainability of small medium enterprise in Australia. However, the present research or literature also support the data to determine small companies which wants to grow but often don’t. Apart from that, Research will also outline the challenges and difficulties SME faced in Australia. Overall, study aim is to measure the relationship between social, operational and practices which main aim is to focusing on the development of small medium sized enterprise. SME is the backbone of the economy that contributes the best efforts to making environment clean and energetic. However, in present era, all the businesses mainly focus on the environment development rather than profit making. This is the reason to make the business more developed and effective for future growth. Aim:Toexaminethesustainabilityofsmallmediumscaleenterprisein Australia. Case study based on Atlassian. Objectives: To identify the SME companies in Australia, appear to be declining. To determine the small companies, want to grow but often don’t. To determine the challenges and difficulties SME faced in Australia PAGE1
To recommend the strategies of sustainability to Australian SME. Research Questions What are the SME companies in Australia, appear to be declining? What are the small companies, want to grow but often don’t? What are the challenges and difficulties SME faced in Australia? What are the strategies of sustainability for Australian SME? Benefits of Research As to support sustainability development within the business can give more opportunities and chances to grow. However, this research will help to supportSEMstoaddresstheenvironmentalissuesandmaintainedthe business practices sustainable. Therefore, it is beneficial for SMEs to make all stakeholders happy and satisfied by implying the different sustainability approaches.Inordertomaketheintegrateenvironmentpracticeson businesshasbecomeoneofthemostcompetitiveamongtheindustry. Exploring the relationship with stakeholders can more helpful and effective for making the business more sustainable and productive. Sustainability is necessary and beneficial to be considered in order to make the business more popular and profitable in the future. PAGE2
OVERALL RESEARCH DESIGN – EVALUATING OPTIONS PAGE3
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