Tourism in New Zealand is an important export source of revenue, having been the source of support for 110,800 jobs for kiwis in 2013. Tourists contributed 3.7% of New Zealand’s Gross Domestic Product in the same year, and the corollary spending of the effects of international tourist spending brought in 16% of New Zealand’s export earnings in that year. Those who work in New Zealand business, like kiwi Marg Kronfeld, depend as heavily on international trade as on buying and selling with fellow New Zealanders. The mixed economy of New Zealand involves doing business primarily with Australia, the European Union, the United States, China, South Korea and Japan. New Zealand is in an especially close partnership with Australian, its closest neighbor.
Marg Kronfeld’s company, BK Enterprises, which employs 36 in the business of servicing, selling and financing Hyundai, Isuzu and Renault auto brands, improved its turnover over 400% between 2008 and 2016. Everyday tasks dealing with the business’ social media contacts, project management, and budget, planning and staff development are part of Kronfeld’s direct oversight. Kronfeld’s company, and many others like it, are part of the service offerings of New Zealand, making up 63% of the Gross Domestic Product of the country in 2013. Kiwi manufacturing industries include the production of aluminum, various facilities for food processing, the fabrication of metals and harvesting of wood products like paper are all part of the service businesses which add to the country’s success.
BK Enterprises Company Director Marg Kronfeld is an informed proponent of New Zealand business, and remains abreast of all aspects of New Zealand’s economic performance.