preview

Responsibilities Of An Organization And Strategies

Best Essays
Executive Summary:
Organizations are social entity which created for the welfare of the people of the country. The name of the organization determines their basic objectives, their roles and responsibilities toward several groups of stakeholder’s .Stakeholders play an important role in satisfying the needs of customers through organization. Monetary and fiscal policies are determined by the governmental authority of the country which determine the level of money supply, the demand for money ,exchange rate which is applicable in certain situations, interest rates appropriate in a given situation , the rate of employment, equilibrium point determined by the supply and demand.

Table of contents
Introduction…………………………………………………………………………………………..3
1.1Identification of the purposes of different types of organization considering their legal structure and types (private company, public company, voluntary organisation, co-operative, charitable)...............3
1.2 Description of the extent to which an organization meets the objectives of different stakeholder…….4
1.3 Explanation of the responsibilities of an organization and strategies employed to meet stakeholder interests, conflict of expectations; satisfying stakeholder objectives...........................................................4
2.1 Explanation of how economic systems attempt to allocate resources effectively……………………..5
2.2 Assessment of the impact of fiscal and monetary policy on business
Get Access