Business Environment Report: Ngai Tahu Farming and Business Analysis

This report offers a comprehensive analysis of the business environment, with a specific focus on the Ngai Tahu farming community. Part A delves into the significance of the Treaty of Waitangi in business relationships, emphasizing partnership principles and the impact of biculturalism and multiculturalism. It also examines the importance of maintaining strong business relationships with the Ngai Tahu farming community. Part B explores various business structures relevant to new ventures, advocating for a strategic general partnership model. It also assesses the macro and micro environments, including the strengths and weaknesses of the Ngai Tahu farming context, considering political and social factors, and technological implementation. Furthermore, the report discusses non-tariff barriers, including their impact and relevance to free trade agreements, and highlights specific barriers such as licenses, quotas, embargoes, and foreign exchange restrictions. The report concludes by emphasizing the importance of understanding these barriers for businesses operating within the Asia-Pacific region through New Zealand.

Running head: BUSINESS ENVIRONMENT
Business Environment
Name of the Student
Name of the University
Author Note

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Table of Contents
Part A...............................................................................................................................................2
Task One......................................................................................................................................2
Task Two.....................................................................................................................................4
Task Three...................................................................................................................................6
Part B.............................................................................................................................................11
Task Four...................................................................................................................................11
References......................................................................................................................................15

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Part A
Task One
1. The treaty of Waitangi is a very important matter for conducting the business relationships
with the Ngai Tahu farming communities. As a business community, the Ngai Tahu farming has
been very important for the development of the community from the aspects of the business
development (Whaanga, 2013). As a business partner, they will always make the business
relationship very strong with the advent of the ethical issues within the business. The settlement
in the business is done through the treaty of Waitangi.
The Iwi and Maori communities focus on fostering the good business relationships with
all the business investors and the people by paying the proper respect that they deserve. This
treaty is very important in the business relationships since it makes sure that all the rights of the
Maori tribe are properly protected. This treaty had been signed by the British Crown and the
chiefs of the Maori tribes (Trevino & Nelson, 2016). This treaty also makes sure that the ways of
life of the Maori communities should be protected and respected.
By the power of this treaty, the government will have to meet all the needs of the
communities engaged with the Ngai Tahu farming. All the people within the country should be
respected and seen with as equal including the Iwi tribes. As per this treaty the indigenous people
would be able to lodge their complaints whenever they are deprived of the several treaties. The
Maoris would be able to own their own lands and proper settlements would have to be done as
per cash and land (Whaanga, 2013).

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2. The principle of partnership will be very important factors for running the business with the
Ngai Tahu farming. The Iwi and Maori communities will have to be very much active in the
attracting the foreign direct investment for the betterment of the entire business situation in the
country.
As per the principle of partnership with the Ngai Tahu farming, the members of the
community would be highly liable for the betterment of the projects and development in the
proper ways (Trevino & Nelson, 2016). The members of the tribal community will always be
responsible enough to take the positive actions against the problems within the business
considerations. The Ngai Tahu farming community will always strive to strengthen the bonding
with the business partners. The proper actions should be taken by pursuing the different
knowledge and ideas (Forsgren & Johanson, 2014).
The high degree of the personal integrity should be maintained by the business partners
that will help the business to be conducted in an ethical manner indeed. The effects of
biculturalism and multiculturalism will have a deep impact on how the business is conducted
(Peppers & Rogers, 2016). In order to foster the effective working business relationship with the
newcomers in business, they must establish the codes of conduct and ethical integrity that will
help in the decision making process. As the rights to equality have not been maintained in the
earlier times due to the bicultural environment, the business organizations must maintain
equilibrium in this context. The partnership and participation should be carefully maintained in
all the industries in the country (Forsgren & Johanson, 2014).
C. All the business relationships should be maintained with the Ngai Tahu farming in the best
ways since the new business organizations are very much aware of the rich prospects in the

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country for the growth. As the purpose of the community is to develop the sustainable
environment from the resources of the country, the business organizations will have to work
hand in hand (Peppers & Rogers, 2016).
The employment opportunities should be given to the Ngai Tahu people in the several
new business organizations. The successful business can only be run when the industry changes
could be encouraged. The free trade agreements could be very much encouraging for the
growing economies like New Zealand (Orange, 2015). The cultures, values and ethics of the
people should be treated with the proper focus indeed. One of the most important components for
maintaining a swift business relationship is by making sure that all the members of the
community and the business leaders respect each other.
The ethical norms and behaviors should always be maintained within the business to
please the business owners and develop the proper sustainable environment indeed (Crane &
Matten, 2016). The business owners and the members of the Iwi and Maori tribal communities
should always stay active and commit themselves to the overall development of the situations.
The Maori communities might face some difficulties but the business developers should be
solved by these difficulties with the ultimate patience (Orange, 2015). The community based
relationships will be managed properly so the fellow feeling and understanding could exist.
Task Two
4. Some of the important business structures that could be highly relevant for the new business
set up are the sole traders, partnership, limited liability Company, non-profit organizations, co-
operatives, trading trust and many more (Wheen & Hayward, 2012). All these business structures
are considered to be as important elements for the organizations to increase the benefits.

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However, in this proposed new business set up with the Maori community and the Ngai
Tahu farming, it should be set up as a strategic generatl partnership model. In this section it can
be conveyed that doing business in the Ngai Tahu farming land will require their permissions
and the business owners will have to maintain their values and ethics in this regard (Orange,
2015). As the Trans-Pacific Partnership rules will be implemented by the New Zealand
Government it will really be very much important for the overall business development of the
area. The small economy of New Zealand will look to focus on increasing the incomes and this
will really need to give more attention to putting down the barriers to investment in large levels
(Wheen & Hayward, 2012).
The countries with the larger economies will surely look to make exports to New Zealand
by maintaining the free trade agreements (Orange, 2015). The economic challenges like the
currency fluctuations, shifts in the commodity prices and others should be tackled with the clever
strategies by the organization. The values and ethics should be strictly maintained in this context
indeed. However, these factors will surely look to the general partnership probabilities since the
levels of profits will be higher (Wepa, 2015).
2. When an organization enters into a new market the most important factors are the macro and
micro environments of the region they will enter (DesJardins, 2014). The strengths of the Ngai
Tahu farming is in their adaptability with the new business partners and their level of respect that
the pay (Bocken et al., 2013). However, the biculturalism and multiculturalism might work as a
negative factor or the weakness as well. It is because most of the people coming to the Iwi and
Maori community will not be able to adjust or adapt according to their preferences (Wepa,
2015). This is where the problems might start.

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The business decisions in the general partnership rule will have to be unanimous. If there
are differences of opinion it will cause them problems indeed. This profitable business might
have problems in their shares as well. This is why the organizational owners should come face to
face and make the decisions. The political factors should come to the fore front as the role of the
New Zealand Government will have many positive implications on the ways how the business
will be carried out. The implementation of the technology will have to be practiced properly so
the developments in the Ngai Tahu farming can take place effectively. As the income of the
country is small, the foreign direct investments will surely have a deep impact on the economic
development as well. The social issues can be seen in the implications of biculturalism and
multiculturalism (Bocken et al., 2015).
Task Three
6. In the recent years the non tariff barriers have been increased a lot due to the Free Trade
Agreement that is practiced in the country. The factor endowment theory emphasizes on the
presence and availability of the natural resources like oil, gas and most other product (Bocken,
Rana & Short, 2015).. The non-tariff barriers have been so much so small that various problems
have been noticed in this context like the commodity price shifts and some changes in the
shipping costs as well (Bock et al., 2012).
These issues will have to be considered in this matter and they have to be addressed
according to the theory of the factor endowments. The natural resources are being allocated most
effectively and this can be a huge boost for the business agreement under the Free Trade
Agreements (Van Der Wijst, 2012). The overall impact of the non-tariff barriers does not have
much impact on the overall scenario. So, it will not matter whether the entire tariff system is
banned from the country by the government (Dür, Baccini & Elsig, 2014).

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As the allocation of the natural resources is always up to the mark it will always be of
huge importance for the organization to make the business export in such a way that the As the
free trade is under practice, it will be a huge boost for the company to make the business exports
and help the New Zealand economy to grow large. The availability of the natural resources will
help as a part of the factor endowments a lot. The exports must be made in a way that the
products should be domestically sensitive (Baldwin & Jaimovich, 2012).
7. The non-tariff barriers are mainly the business barriers that affect the business decisions
because of the some important restrictions on the use of the exports and imports. This restriction
is made in the cases that are different from the simple imposition tariff mechanisms. These non-
tariff barriers operate as an obstacle to the import or export duties. Some of the examples of the
non-tariff barriers are the Licenses, Quotas, Embargo and Foreign Exchange Restrictions.
Licenses are the most important of the non-tariff barriers in the business environment. In
this kind of barrier, the global quotas are in practice for the specific countries. The quotas are
also very important tools for the overall regulations in the foreign trade. The quotas tend to make
a limitation of the in the freedom of the enterprise companies when they will enter the foreign
markets (Baldwin & Jaimovich, 2012). The range of the countries into which they would like to
enter could be narrowed down indeed. The number and the range of the countries would be made
limited indeed. Embargo is considered to be one of the most specific types of non-tariff barriers
that put up the restrictions on the trade. The limitations would be put in the export of goods to
some particular countries only (Lim, Elms & Low, 2012). The foreign economic activities would
be controlled through the implementation of this specific type of non-tariff barrier. The
countries could establish the national currencies against the use of the various foreign currencies.

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If the New Zealand government would apply such a device it would be problematic for
many countries to operate in the country with the free trade facilities. It has been rendered that
the economy of the country of New Zealand is already small (Lim, Elms & Low, 2012). The
implementation of the non-tariff barriers will surely put a screeching halt to the economic growth
of the country. The firms concentrating on the operations in the Asia-Pacific through New
Zealand would be facing some serious problems in terms of importing and exporting of their
goods (Kelsey, 2015).
8. The importance of the non-tariff barriers would be very much on the prices of the goods and
commodities in the country. If the limitations are practiced against the Free Trade Agreement in
the country the prices of the different commodities would surely go up indeed. If the trade
practices are allowed to be implemented in this section the probabilities would be to justify the
shifts of the prices properly (Aggarwal, 2013).
If the tariffs are increased the prices of the several commodities would surely go up
indeed. The Free Trade Agreement between New Zealand and America would surely be a
boosting matter for the development of the economy from a small to a large one. The
government of New Zealand has been focusing on the free trade negotiations for the last decade
since they are aware of the fact that the consumers of their country would not be able to purchase
the products with a high cost (Menapace, Colson & Raffaelli, 2012). The New Zealand
Government is of the opinion that other countries should reduce their quotas, licenses and other
trade barriers. This will really be helpful for the different organizations to competitive and
increase the market share. The whole economy would be benefitted in this manner as well.
However if the opposite happens this will bring up the disaster in the economy of the country.

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9. The international trade has been encouraged by the government of New Zealand on several
occasions (Menapace, Colson & Raffaelli, 2012). It is because the government wants to boost up
their incomes and this will be only possible if the Free Trade Agreements are allowed to continue
in the country. However, Free Trade Agreements can be considered as one of the best techniques
to encourage the international trade (Calvelli & Cannavale, 2019).
The open trade policies have benefitted New Zealand from a various angles indeed. As
the export prices of the goods and commodities have increased due to the changes in the tariffs it
has been high time for the organizations to make their profits. In order to become a big and
global economy, the international trade options will have to be expanded indeed. The Trans-
Pacific Partnership is another tool by which the country will be able to establish the trade
relationships with the several countries like Australia, Japan, Korea, China and India.
Another technique that will be used by the New Zealand Government would be the
Comprehensive Economic Partnership (CEP) with the East Asia and some of the South Asian
countries as well. The New Zealand Government should consider some of the most important
issues like the completion policy, environmental standards and the mobility of labor practices.
The availability of the safe and sustainable primary products would be the most important facts
as to why the different countries are very much excited to build up the trade relationships with
New Zealand. The implication of the Free Trade Agreements will surely be beneficial for the
organizations of other countries.
10. The World Trade Organization is believed to be one of the most elusive organizations who
have the responsibility of looking after the international trade in the best ways. The roles of the
organization will have to be discussed in this section.

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Firstly, the WTO is considered as the orchestra conductor in the context of international
trade. The members of the WTO always develop some of the rules and regulations by which the
international trade is controlled over various regions in the world. The members of the WTO will
look to govern the various regulations in the context of the international trade relations. If the
new things have to be adapted or changed the consensus of the WTO members will have to be
reached.
Secondly, another important role for the WTO in the international trade is to settle down
the several disputes among the different members of the organization. The WTO is considered as
the trade tribunal where the members of the organization could lodge the complaints if the rules
and regulations are violated. The differences of the opinion are settled by the WTO in the best
ways indeed. The disputing countries will always try to settle the various disputes between
themselves. If this does not work out they go to the tribunal set up by the World Trade
organization for the proper judgments. The losing parties in the cases should always comply by
the verdicts issued by the several complaints.
Thirdly, the World Trade organization would look to work as the trainer in the
international trade indeed. The World Trade Organization will always tend to provide the proper
training to the several government officials from the developing countries (Raff, Ryan & Stähler,
2012). The ministry staffs and the officials of the customs will be trained by these programs of
the WTO. Currently, the World Trade Organizations spends an amount of 35 Million Swiss
Francs behind arranging these programs. Some of the main beneficiaries of these programs are
Africa, Asia and Latin America.

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Part B
Task Four
11. The main topic of this section is to develop the idea of how the Ngai Tahu farming would be
able to enter the local market. There are some important and useful foreign market entry modes
in the business environment. These are the licensing and franchising, exporting, partnership and
strategic alliances and acquisitions. These different modes of entry have different features. In this
light it can be said that the Ngai Tahu Farming will have to choose the best foreign market entry
mode that will fit them the best (Raff, Ryan & Stähler, 2012).
As they are under the Free Trade Agreements, the tariffs and barriers will not be an
obstacle for them indeed. The most suitable market entry strategy that will be suitable for the
entry in the local market of a foreign country for the Ngai Tahu Farming is the partnership and
strategic alliances (Egger et al., 2015). It is because the strategic alliances will be more risk free
than the foreign direct investment. As the company will make strategic alliances with the local
partners they will have to invest almost half as that of the other strategies (Bacchetta & Beverelli,
2012).
Apart from that the local partners will have more credible information about the market.
They can begin the joint venture programs in the foreign countries that will surely help them to
overcome the several barriers indeed (Egger et al., 2015). Thus the organization Ngai Tahu
Farming would like to get the maximum percentage of market share and increase their profits.
The Free Trade Agreements will surely be helpful for them in numerous ways. So, the strategic
partnership and alliances would be the best option for Ngai Tahu Farming to enter the foreign
market.