3.6 Evaluate the impact of macroeconomic policy measures and the influence of the global economy on the UK-based organizations and stakeholders 3.0 Conclusion 4.0 References Introduction In this assignment I will identify and discuss the ‘mission and goal’ of organization. I will show the key objectives of organization and the responsibilities of organizations. I will also show the example of organization’s responsibility. Also I will add the analysis of the three components of business
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Section 1 – Organisational Purposes of Businesses Identifying the purpose of different variety of legal organisations‚ including corporations‚ governments‚ non-governmental organisations‚ international organisations‚ armed forces‚ charities‚ not-for-profit corporations‚ partnerships‚ cooperatives‚ and universities. A hybrid organisation is a body that operates in both the public sector and the private sector simultaneously‚ fulfilling public duties and developing commercial market activities
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those already-produced durable goods that are used in production of goods or services. Command economy – economy where supply and price are regulated by the government rather than market forces Division of labour - Division of labour is the specialization of cooperative labour in specific‚ circumscribed tasks and like roles Enterprise- simply another name for a business. Free market economy - is an economy in which decisions regarding investment‚ production and distribution are based on supply and
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12. Merit good 13. Public good 14. Privatization 15. Capital intensive business 16. Labour intensive business 17. Conglomeration 18. Integration 19. Merger 20. Takeover 21. Wholesaler 22. Retailer 23. Economies of scale 24. Diseconomies of scale 25. Diversification 26. Market size‚ market growth 27. Market share 28. Sole trader 29. Partnership 30. Limited company 31. Private /public limited company 32. Unlimited / limited
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ruled by France until 1954; eventually dividing into Communist North and anti-Communist South (led by the Americans). Planned Economy: In 1975 North Vietnam overran the South‚ and reuniting Vietnam under the Communist rule. This is technically the first transition of the economy. The Communist party created 5-year plans to dictate the economy => Planned Economy * Government decided what to produce‚ how to produce and for whom to produce. * This can be seen by the Second five-year
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INTRODUCTION Global business environment can be defined as the environment in different countries making on resource use and capabilities which including: the social‚ politic‚ regulatory tax‚ cultural‚ legal and technological environment.(The international business environment‚ Leslie Hamilton/Philip Webster‚ second edition/2012) Business principles are capital and inflation. In the present Bank of England cut over the capital and most of the Bank is needs external help because
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ratings. | Economic System 1. Is the country primarily a traditional‚ command market‚ or mixed economy?2. Identify and explain which economist’s theories you studied are more closely aligned with each country.3. Are there any significant events happening in the country in regards to its economy or politics? | 1. Mixed Economy 2. John Keynes is a very strong supporter of a capitalist based economy‚ just like America. 3. The United States being trillion of dollars in debt is the biggest
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they are dealing with. Political Ideologies and Economics An ideology is a set of integrated beliefs‚ theories and doctrines that helps to direct actions of a society. Political ideology is almost intertwined with economic philosophy. For example‚ the political ideology in USA is grounded in the Constitution‚ which guarantees the rights of private property and the freedom of choice. This has helped to lay the foundation for US capitalism. A change in this fundamental ideology would alter the
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Edexcel Level 5 Higher National Diploma in Business – Human Resource Management Organization Purpose & It ’s Environment on Unit 1/Business Environment by DR22576 Human Resources Management Institute‚ 246‚ Nawala Rd‚ Nawala‚ Colombo - Sri Lanka Submitted on 04/11/2012 Acknowledgment I should thank my parents for all the support and courage they have given me to complete this assignment successfully. I should also thank our lecturer for this module‚ Mrs
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salaries of employees. The wages section also organises collection of income tax and national insurance for the Inland Revenue. Raising of finance - The finance department are also responsible for the way in which a company raises finance‚ for example through loans and what the repayment of interest is on that finance. The finance department will also supervise the payment of dividends to shareholders. Marketing Marketing is critical for growth of a business and its central role is in creating
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