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Edexcel Btec Business Environment Section 1 and Section 2

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Edexcel Btec Business Environment Section 1 and Section 2
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. Niroshini Dias, for teaching us this module and for not letting us having any uncertainties about the subject matter.

I should also thank Mr. Gihan Talgodapitiya and Miss Wathsala Nayakkara, because without them, we won 't be able to follow this program.

I must also thank all my friends, specially Shajani Gunasena, who helped me to make this assignment a successful.

Table of Contents

Acknowledgment 2 Introduction 4 Different types of organizations and their purposes 5 Stakeholders and their objectives 10 Internal Stakeholders of Shell 10 External Stakeholders of Shell 12 Responsibilities of an organization and strategies employed to meet them 15 Economic Systems and how resources are allocated effectively 19 Economic System 19 Impact of Fiscal and Monetary policy on Shell and its activities 23 Fiscal policy 23 Effect of fiscal policy on Shell 23 Monetary Policy 26 Impact of Competition Policy on Shell 29 Conclusion 31 References 31

Introduction

The first section of this assignment presents the different types of business organizations that are present and their purposes. Then, by taking Shell company as the organization to discuss the rest of the tasks, it is analyzed how Shell meets the objectives of different stakeholders.

The third section includes in general about the responsibilities of an organization and more specifically, the strategies used by Shell to meet those responsibilities are discussed further. The



References: royaldutchshellplc.com/2010/04/12/royal-dutch-shell-participate-in-price-fixing-Cartels/ www.businessdictionary.com/definition/economic-system.html www.shell.com/static/src-en/downloads/annual-reports/2006/ar2006-sd-commitment.pdf)

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