Key Stakeholders The issue under analysis is the desire of the Australian company dealing in Italian tiles to cut the delivery times of the tiles from Italian suppliers and to increase the company’s productivity, sales, and incomes in this way. To achieve this goal, the company plans on opening the warehouse either in Australia or United Arab Emirates (UAE). All stakeholders of the company, including management and employees, customers, and business partners will benefit from warehouse introduction as it will allow them cut the time of tile delivery from Italy and expand the customer base using the growing supply of tiles in stock. The only stakeholder to lose from the step will be the Italian tile supplier whose incomes will decrease if the Australian company has the warehouse to access the tiles without addressing their Italian partners. Key Factors The major factors and criteria to be considered while choosing between opening the warehouse in Australia or UAE include the economic environment of both countries, the governmental and central bank’s policies, the political situation in the countries, and the transnational issues observed in Australia and UAE (Heat, Ireland, and Hoskisson, 2008). The economic factors considered will allow forecasting the consequences of business activities in Australia and UAE, while governmental economic and social policies will provide the background for work in each of the countries. Finally, transnational issues considered will provide the Australian company with the opportunity to adjust its operations to any special conditions like for instance racism, international conflicts, armed rebellions, illicit drug trafficking, or wars (Heat, Ireland, and Hoskisson, 2008). Australian Economic Environment Economy Thus, considering Australia as one of the alternative warehouse locations, it is necessary to pay attention to the GDP change rates, annual national income rates, and tax climate. Accordingly, over the last five years the Australian GDP reports consistent increase illustrated by the 3 – 3.7% growth rates and by the figures of $1, 012, 269 in 2005 that grew to 1, 084, 146 in 2008. The GDP per capita levels report the gradual growth from $98,4 thousand in 2005 to $101,9 in 2008 (Australian Bureau of Statistics, 2009). Among the chain volume measures, all components report increase as well. Real gross domestic income grew by $95, 237 between 2005 and 2008 to reach the level of $1, 095, 701 in the late 2008. Real net national disposable income grew from $810, 133 to $879, 743 between 2005 and 2008. Only the non-farm GDP growth rates report slowdown over the last year from 3.9% to 3.6%, which is the only observable macroeconomic effect of the global financial crisis upon Australian economy. The taxes amount to the total of over 20% of the profit of a business company (Australian Bureau of Statistics, 2009). Government and Central Bank’s Role The economic stability in Australia is the achievement of the country’s government and the Reserve Bank of Australia. As the latter is government-owned, its activities are reflections of governmental economic policies. The major functions of the Reserve Bank of Australia include preserving the currency stability, preserving employment