Impact of Fiscal and Monetary Policies on Social Media Sector

This report explores the impact of fiscal and monetary policies on the social media sector, as well as the role of corporate social responsibility and ethics in shaping organizations within this sector.

INTRODUCTION TO
BUSINESS ENVIRONMENT

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Impact along with understanding of fiscal and monetary policies on social media....................3
Corporate social responsibility and ethics been shaped in various organization of social media
sector............................................................................................................................................5
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
International business environments for developing their countries they can make use of
monetary policy which means action undertaken by central bank to control over the money and
achieve the sustainable economic growth of country. It involves the managements of supply
money and demand by economic levels with governments of country for achieving their
macroeconomic objective such as growth, quality and consumptions (Bernanke, 2017). They can
also use fiscal, CSR and ethics for being out some more growth in their countries. This report
explain about knowledge and understanding monetary and fiscal policy on the social media
sector. Also, analyze CSR and ethics shaped the activities of different organization in social
media sector.
MAIN BODY
Impact along with understanding of fiscal and monetary policies on social media
Monetary policy is policies that are adopted by monetary authority of country for
controlling tier interest rate payable with very short term borrowing of supplying money for
reducing interests rate. This is also known as modification of supply money or printing more
money and reducing while by supply of changing interest rates in removing reserves access.
Furthermore, monetary policy might be more contribute towards the gross domestic products, for
maintaining low unemployment along with also maintained the proper exchange rates with other
countries currencies. This policy has maintained fixed exchange rate with various countries
mainly to the foreign currency. After shifting of central bank from the policy that need to make
their more focused on money supplying targeting moreover some central bank like ECB have
usually chosen in combing money supply with their other targets.
Monetary policy is relatively with very short term interest rate. In behaviour of economic
agents, it might be more necessary for affecting long term interest rate. Communication must be
more influence about the expectations of economic growth in various countries (Altavilla and
et.al., 2019). There is being impact of monetary policy on social media sector through which
they can make their more communication better with economic agents which help in knowing
more about their countries growth as well business developments at their places. Social media
platforms like Facebook, Twitter and so on are some better communication options for central
governments that could make their more developing. It might be also expected the national social

media being enough respectively in corresponding governance and watchdog function of social
media. Digital currency can be more impact on monetary policy will be effected while by
changing their interest rate along with that easily communicate to their citizens. Investments play
important role in developing their central banks of countries, as in general that can be said that
social media have more investments on banking sector such as European central bank. When
they think that there should be some changes in interest rate of monetary policy which might be
had more impact on social media sector. Twitter, Face book and so on are more effected by
changing their policies and economic agents can communicate their strategies (Kiley and
Roberts, 2017). Therefore, increasing central bank news coverage, but similar holding new
policy that can be obtained for absence expected interest rate changes. Impact on social media
can also affected by business growth while including higher interest rate as lower prices in
assets, in reducing their assets price company need to adopt some financially loans to their
central bank through which companies are even less able to access their credit. In economic
growth, the monetary policy has make sustainable growth for having better maintenance in price
stability. This policy also have influencing employments and inflation rate of countries primarily
using availability of tools along with the cost of credit of economy.
Fiscal policy means it makes proper use of government revenue collection furthermore
expenditure of influencing country economy. This policy is basically based on theories John
Maynard and Keynesian economics those theorized that help government for changes in level of
taxation and spending government influenced demand on aggregate furthermore different level
of economic activity. Fiscal policy have been used by country governments and advance to
central bank its objectives in economic. Fiscal policy aggregate through changes demand in
government taxation and spending and these factors that can be easily influenced household and
employments income from their various sources in which they achieve the goals, when impact of
consumer investments and spending (Ampudia and et.al., 2018). It can be calculated by
consumer spending on services and goods, investing in capital of business, imports, exports and
government spending on public services and goods.
Impacts of fiscal policy have more their labour market incentives and that could also been
changes in income tax improved for incentives people that actively working in a day. Fiscal
policy can be more effected by their labour market incentives that could keep more changes in
their government levels in economic activities. Lower taxes might be had positive impact on

their work effort and labour productivity. If fiscal policy has their more impact on social media
that could keep increasing labour productivity and communication between their economic
agents important in making workforce for working with high efficiency. In some business they
are mainly spending more on infrastructure while by providing their needed capacity for
developing other business growth to flourish (Faria-e-Castro, 2020). Low rate can be keeping
more attractive and making their more investments from overseas and become enough eligible
for their business growth while by investing more capital and spending more in infrastructure of
organization. Government spending huge funds to their countries in expanding business while by
providing them funds in the form of loans. Basically their loans are providing for small loans,
and they can easily set up their business for making business developed along with various
things. Furthermore, governance spending and tax allowance might be involved in encouraging
for research. Tax incentives can be included their stimulate investments in low carbon
technologies that could make their business developed which could being research and
development along with innovation. Human capital in the workforce impact on social media that
can be spending on education and investments more in health, furthermore transport also have
important supply in towards their long run. Digitalization have created great opportunities to
governments efficiency and effectiveness. In many countries central government has launched
minor program for using information technology into its process or systems. Government
enables for direct purchasing, bidding and booking in achieving the best value.
Corporate social responsibility and ethics been shaped in various organization of social media
sector
Corporate social responsibility it is basically type of international private business which
owned by self-regulation. CSR main aim to contribute societal goals, supporting volunteering,
charitable and oriented practices (Auerbach, Gorodnichenko and Murphy, 2020). CSR can be
more lend to business profits, brands it's voluntarily self-report with having both positive and
negative results in their working sectors. They have main strategies for impact on their
environment along with stakeholder including customer, communities, investors and employee.
For example, Captify is social media company and operates their business while by taking CSR
and their business should conduct and govern by ethics, accountability and transparency. The
business can also ensure about promoting business and employee through which they respect,

protect and also efforts to restore the environment. CSR helps many business for their
developments as they want to satisfy their organization growth while by keeping various
methods of social media. In having e-commerce organization need to be their customer privacy
in personal details and if any cases regarding their identification they can easily handle by micro
soft companies. In many countries when messages come easy to share than it could be easier for
interact with various other customer or peoples. Society thinks that business could give more
power as they help in running economy growth along with that proper wealth for its betterments
that might be generated (Jee. 2020). These results could be decreased in their crime, easier
getting more labour, easier assessing for international capital and it might be a better way for
achieving their environment with very possible manner. Social media like eBay need to care
more about their lives outsides gates in business. This kind of inspired could be more easily in
hiring employees. That might be also helped in enhancing their relatively relationship between
lowest paid workers and highest paid management. There are also some example for retaining
their CSR in business that could keep organization more growth who want more developing
know about their advantages in creating partnership with non-profits organization or companies.
In supportive with CSR many organizations can make their proper use in technical and resources
through which they can get more customer and betterment in their companies along with this
trying to make their communities needs while by creating self-interest in organization. Business
can be easily delegated with power of economic furthermore access productive resources of their
communities. CSR would be had more benefits in their business as they work with those
business in which they can work for their better and making their more market images. In long
run, they must need to work with having full efficiency in their organization and might be used
for their social power. This can be also leaded to have low power of responsibility in
organization.
Business ethics is also known as corporate ethics for contemporary organization
standards, sets their values and norms for governing behaviour and action in the business. In
generally, it can be said that business ethics mainly have two dimensions such as normative and
descriptive business ethics these both help company for working in their organization and
supportive for earning huge amount of money. The quantity and range can be easily understood
business ethical issues reflects for their interaction in non-economic concerns and profits
maximizing behaviours (Alzola, 2017). As all knows that social media has become more widely

in world and various ways for shaping their business with some innovative, creation and politics.
It is easier in providing organization with sharing basic information, research and maintain their
contact. For example ASOS mainly used their ethics in e-commerce, and they have started their
setting business online through which they can easily make more customer and data which they
are collecting should be easier for them in working at their marketing. The making use of proper
social media might be challenges and opportunities, Amzaon companies working with more e-
commerce business and developed their organization. For addressing these companies have to
take risk and more open about their how using social media platforms through which they can
influence their employee and other stakeholder (Davani, 2020). By keeping business with
working on social media it might be become more ethical and wider in using communication
policy. There are some main concern in which they can make their business more developed
while by using potential conflicts in personal values or professional values, boundaries for their
settlements in considering more about their information. Walmart organization can also lead to
use in maintaining their social media platforms and developing them while by making proper
utilization in ethics values. Employee working in social media sector need to be more alert for
covering their both, personal, mental and health issues in their organization and if their addicted
to social media as well as having some working issues, it could be happened when productivity
decreased along with distracted by their social media commitments. Organization need to ensure
more about their employee understand conditions in sharing information and influenced while by
sharing with some concerns and grievances. Moreover, they should also be kinder with the
behaviour of manager expectations with their employee in proper line as per company values.
CONCLUSION
From the above reported it had been concluded that fiscal and monetary policy make their
governance strong for changing interest rate and supply for their money with currency changes in
other foreign currency. CSR is belongs to non-profits organization in which they can easily
develop their more profits in keeping business along with some organization need to work with
their non-profits. Business ethics might be important in companies and social media making the
proper use of market. While by using social media platforms any business can be easily
developed whether that could be domestic level or working at international levels.

REFERENCES
Books and Journals
Altavilla, C. and et.al., 2019. Measuring euro area monetary policy. Journal of Monetary
Economics. 108. pp.162-179.
Alzola, M., 2017. Character-based business ethics. In The Oxford handbook of virtue.
Ampudia, M. and et.al., 2018. Monetary policy and household inequality.
Auerbach, A.J., Gorodnichenko, Y. and Murphy, D., 2020, May. Effects of fiscal policy on credit
markets. In AEA Papers and Proceedings (Vol. 110, pp. 119-24).
Bernanke, B.S., 2017. Monetary policy in a new era. October.
Davani, M.R.E., 2020. Business ethics (pp. 182-199). De Gruyter Oldenbourg.
Faria-e-Castro, M., 2020. Fiscal policy during a pandemic. FRB St. Louis Working Paper, (2020-
006).
Kiley, M.T. and Roberts, J.M., 2017. Monetary policy in a low interest rate world. Brookings
Papers on Economic Activity. 2017(1). pp.317-396.
Online
Jee. O., 2020. CORPORATE SOCIAL RESPONSIBILITY AND ROLE OF MEDIA AND ITS
INDUSTRY [Online]. Available through:
<https://www.pragindia.in/blog-detail/corporate-social-responsibility-and-role-of-
media-and-its-industry-in-india>