How Government Spending, Fiscal and Monetary Policy Impact on Business

Identify the Impact of Government Spending On Business

The government is trying to exercise different economic policies which are influencing UK business organizations to gain better living standard and improve the growth for the sake of the country. Basically the government is spending to control inflation, improve employment facilities for better employment relations and overall economic growth (Ermolina, 2016). Fiscal policy is interconnected with changing government spending and taxations.

Government changes have various impacts on the McDonald’s company and its business operations at the local, national or EU level or international level. The spending of the government can change in various situations. If the McDonald’s demand falls it can also …

Understanding Employee Reward and Motivation Procedure

The human resource manager needs to Understanding Employee Reward and Motivation Procedure so that the right person get the promotion as a reward. Encourage or influence someone to behave in a certain way is known as motivation. Motivated and dedicated employees are the assets of an organization. The success of motivation depends on the uniqueness and diversity of involved groups of people. It is very important for the performance development of the employees to bring out the best outcome from them.

Assess the Link Between Motivational Theory and Reward

Reward means a gift or achievement of workers for their outstanding performance. It can be both financial and non-financial such as promotion, achievement praise, etc. …

Understanding Employee Recruitment Process

Reasons for Human Resources Planning

The human resource planning process is very important for Harrods. As it is the largest and promising retailer luxury products shop in the UK. The planning process of Harrods beings with the combination of organizational strategies and objectives to achieve the goal within the targeted time. They need to maintain a competitive position in the UK market. As UK consumers are very dynamic and unique they always keep searching for better and standard quality service. For providing better products with standard quality Harrods need a skilled and expert human resource they also search for some highly skilled and experienced person. The HR department of Harrods helps the company to choose and …

Ways Personal Selling Supports The Promotion Mix

The main aim of a company are increasing brand name, brand value and maximizing wealth by creating a good quality perception in the mind of the customer. Personal selling (Personal Selling Supports Promotion) is one of the main ways to do that by face to face meeting with the customer and nurture them.

Promotional mix is not marketing mix rather it is included within the marketing mix. Promotional mix is the combination of promotional variables which helps the marketers to allocate the resources among them and obtain the best marketing results. Promotional mix can vary organisation to organisation but the basic components that can be common in more or less all organizations are- …

Business Ethics and Its Implications

Introduction: The business ethics are very important for any organization. Business ethics are moral principles which guide company to behave in an organized way. Before learning business ethics one should know what business ethics is. Business ethics is the study of appropriate business rules and regulations regarding potentially debatable issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities (De George, 1982). Business ethics are often guided by law and to gain public acceptance it provide a basic framework. Legal and ethical are two different terms but work with together for guiding business operation structure. From this report readers will be able to understand the organisational ethical issues …

Role of a Leader and Function of a Manager

Executive Summary

Operation management is the process related to the production and it is the way of transforming the raw materials into final goods in a very systematic way. The report is prepared on the management and operation system of the Marks and Spencer Ltd. by focusing on role of leader and manager. In this report firstly we have focused on the managers are leaders roles based on the roles and characteristics. There are various examples are given depending on the situation. Many models and theories of management and leadership approaches are discussed throughout the report. Various approaches of operation management are included in the next part of the report. By …