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Micro and Macro Economic Factors Affecting the Performance of The Amber Foundation

   

Added on  2022-12-05

7 Pages1914 Words296 Views
EconomicsPolitical Science
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ANY CHARITY ECONOMIC
AND FINANCIAL
MANAGEMENT
Micro and Macro Economic Factors Affecting the Performance of The Amber Foundation_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
The Amber Foundation................................................................................................................1
Current status of the charity organization....................................................................................2
Micro and macro economic factors affecting the performance...................................................2
Relevant economic theories.........................................................................................................2
Micro and macro environmental factors......................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
Micro and Macro Economic Factors Affecting the Performance of The Amber Foundation_2

INTRODUCTION
The profit and the non-profit organizations are impacted by the micro and macro
economic factors that are existing in the business environment in which the organization
operates. The micro factors involve the specific market segment, customers, suppliers, labour
market and the individual price and demand of the commodities that directly affects an
individual organization. The macro factors are the ones that shall be impacting the economy as a
whole. The current project is undertaken on The Amber Foundation, which is the charity
organization in UK. The research shall be involving the study on the micro and macro economic
factors that are affecting the performance of the organization in the recent years. It shall be
highlighting the various economic theories in the light of which the reasons behind the failure of
the charity organization will be evaluated. The report shall also be presenting the micro and
macro environmental factors that are impacting the organization.
MAIN BODY
The Amber Foundation
The Amber Foundation is the charity organization in UK that has been working for the
welfare of the society in various ways and uplifting the standards of the people who are poor,
jobless and homeless. The organization serves all the young people falling between the age
group of 16 years to 30 years who are unemployed as well as suffering the homelessness. The
accommodation and the support services that are provided by the charity organizations are easily
accessible and available for 24/7 hours of the day (Sant’Ana, Pache, Borges, 2021). The
maximum period of the service is 1 year wherein the complete residential employability is
provided to those are homeless also with that they get the opportunity to build their independent
lifestyles. Apart from that the young people are also given the opportunity related to the
education, trainings and other employment services so that they can be capable enough to earn
their livelihood and manage their lifestyles so that the dependents in the family can be survived.
The Amber Foundation has significantly contributed in the transforming lives of the
young people who are facing vulnerability due to the financial crisis. This charity is usually
concentrating on upgrading the current status of the unprivileged sections of the society. Within
the span of 1 year they offer the customers with all the basic amenities of life in a manner that
their future gets secured for life. These organizations make their expenditures in the charitable
1
Micro and Macro Economic Factors Affecting the Performance of The Amber Foundation_3

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