Table of Contents
1.1 Identify the purposes of different types of organizations.
What type of organization is Primark?
- a) The public sector.
- b) Charity.
- c) Cooperative.
1.2 Describe the extent to which an organization meets the objectives of different stakeholders.
1.3 Explain the responsibilities of an organization and policies employed to meet them.
Task – 2.
2.1 Explain how monetary systems attempt to allocate resources effectively.
- b) Monetary System of the UK.
- c) Monetary System of China.
2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities.
2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization.
Task – 3.
3.1 Explain how market structures determine the pricing and output decisions of businesses.
3.2 Illustrate the way in which market forces shape organizational responses using a range of examples.
3.3 Judge how the business and cultural environments shape the behavior of a selected organization.
4.1 Discuss the significance of international trade to UK business organizations.
4.2 Analyze the impact of global factors on UK business organizations.
4.3 Evaluate the impact of policies of the European Union on UK business organizations.
Grasping the condition of business both inner and outer is the most important thing to the association for forming commerce decisions as well as techniques. Various associations, connections among condition and business as well as the stakeholders’ impact on business are emphasized in this report. After that, this report has an emphasis on the objective’s variation of various kinds of businesses. The next task nature of nationwide business conditions is emphasized. Subsequently, the next task emphasizes organizational characters. Lastly, the final task describes the universal issues that have an effect on the business’s needs.
Task – 1
1.1 Identify the purposes of different types of association
What type of organization is Primark?
Primark is a private limited firm having many stakeholders as well as a sharer. Primark’s sharers have confined responsibilities. According to the regulation of England, Wales and Scotland Primark leads its business. Because of not being in the United Kingdom stock exchange market Primark does not offer its share to the public. Being a private firm, Primark does not offer shares to the public. On the other hand, it reveals share investment between the presented sharer as well as a certified share that announces to the firms’ register. In brief, Primark is a private and limited firm and its purpose is obtaining the earnings via enhanced income as well as market share.
Our Recommended Resources:
Identify and discusses the purpose of one organization within the following categories:
a) The public region
A public limited firm: TLF is a well-known and constitutional firm in the United Kingdom. About 28,000 workers operate here. Almost millions of buyers get the service from it daily. The basis of this association in London. The budget for 2015/2016 is about £11.5 billion. They collect this from many ways where 40% obtained from fares, the government gave 23%, and they borrowed 20% and the rest 17% gained by Cross-rail finance and other income in accordance with TLF, 2016.
As being a public firm, TLF’s aim is to have confined responsibilities and to sell out shares to the public. They may be scheduled or else nonscheduled in the stock exchange market. TLF is a scheduled firm in the United Kingdom stock exchange market.
b) Charitable trust
A charitable trust association is a famous charitable trust association in East London. It increases finances from the public and someplace in the United Kingdom. It also gives to the in the UK and developing countries such as Palestine, Bangladesh, India, and Syria, and many more. The common public is encouraged by the ‘Global Aid’ to join in giving money in favor of the people in misery and difficulties. In addition, it inspires the public to become the unpaid helper for increasing the donation. It is a non-increment association. This type of associations’ main goal is to help those kinds of people who are in misery and difficulties in accordance with Global Aid, 2016………………..