The assignment is divided into two different parts that aims to evaluate organisational purposes and monetary and fiscal policies in regards of two different organisations belong to banking sector. The first task aims to evaluate organisational purposes in regards of Barclays and HSBC banks based in the UK. Moreover, the other half of the assignment is based on the national environment in which business organisations operates.
Task 1 Organisational Purposes
Aims and Objectives
Belong to Banking and financial sector, Barclays and HSBC share some mutual aims to train and help their employees to enhance their working performance in order to maintain positive environment in the company (Robbins, et al., 2013). The main purpose of the company is …show more content…
the working environment is banking sectors more or less is similar to the business working environment however they specifically deals with the highs and lows of the economy (Carroll & Buchholtz, 2014). Some of the stakeholders of Barclays and HSBC include,
Employees
The internal working employees are observed as the stakeholders of the company as their professional and personal interests are associated with the welfare of the company. It is observed that Barclays and HSBC encourage and motivate their employees to give their compatible and competent services for the development and progress of the company (Carroll & Buchholtz, 2014).
Investors
As the part of banking sector, the most important stakeholder of Barclays and HSBC further include their investors that directly invest their capital in the business of banks. Both of the banks maintain to attract their investors towards the company so is to continue their investments (Carroll & Buchholtz, 2014). …show more content…
It influences transient and long term rates, including charge card rates and credits. Governments portray financial strategy sets by tax assessment, law and regulation for quality to nature. Financial and monetary policy influences associations specifically and by implication, however aggressive elements and administration execution are critical components. Organisations go over cycles of advancement, decrease and recovering (Dosi, et al., 2015).
Monetary related and fiscal policies influence the timing and size of the cycles. The economy develops, customers use builds, expands loan costs to expansion. Works close down, vocation misfortunes increment and business deals diminish. Government spending is to revive the economy. The business cycle proceeds with another advancement level. Effect of the financial and fiscal strategy on the business associations and their exercises are given underneath (Born & Pfeifer,
Task 1 Organisational Purposes
Aims and Objectives
Belong to Banking and financial sector, Barclays and HSBC share some mutual aims to train and help their employees to enhance their working performance in order to maintain positive environment in the company (Robbins, et al., 2013). The main purpose of the company is …show more content…
the working environment is banking sectors more or less is similar to the business working environment however they specifically deals with the highs and lows of the economy (Carroll & Buchholtz, 2014). Some of the stakeholders of Barclays and HSBC include,
Employees
The internal working employees are observed as the stakeholders of the company as their professional and personal interests are associated with the welfare of the company. It is observed that Barclays and HSBC encourage and motivate their employees to give their compatible and competent services for the development and progress of the company (Carroll & Buchholtz, 2014).
Investors
As the part of banking sector, the most important stakeholder of Barclays and HSBC further include their investors that directly invest their capital in the business of banks. Both of the banks maintain to attract their investors towards the company so is to continue their investments (Carroll & Buchholtz, 2014). …show more content…
It influences transient and long term rates, including charge card rates and credits. Governments portray financial strategy sets by tax assessment, law and regulation for quality to nature. Financial and monetary policy influences associations specifically and by implication, however aggressive elements and administration execution are critical components. Organisations go over cycles of advancement, decrease and recovering (Dosi, et al., 2015).
Monetary related and fiscal policies influence the timing and size of the cycles. The economy develops, customers use builds, expands loan costs to expansion. Works close down, vocation misfortunes increment and business deals diminish. Government spending is to revive the economy. The business cycle proceeds with another advancement level. Effect of the financial and fiscal strategy on the business associations and their exercises are given underneath (Born & Pfeifer,