Report On NESTLE Organization - Fiscal & Monetary Policy

Added on -2020-02-05

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BUSINESSENVIRONMENT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................31.1................................................................................................................................................31.2................................................................................................................................................41.3................................................................................................................................................52.1................................................................................................................................................52.2................................................................................................................................................62.3................................................................................................................................................73.1................................................................................................................................................73.2................................................................................................................................................83.3................................................................................................................................................94.1..............................................................................................................................................104.2..............................................................................................................................................104.3..............................................................................................................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTION Business environment includes all factors which directly affect the operations and theprofitability of the company. There are many factors which are prevailing in the market and theyhave huge or negligible impact on the business. This report talks about the Nestle organizationwhich is one of the leading food processing organizations in the market (Business environment,2013). It has been known for the diversity in the products and the services which it is offering toits customers. The report talks about the fiscal and the monitory policy situation which is facedby the firm. Besides this, it also emphasizes on the market structure which are the maindeterminants for setting the price and making the output decision of the organizations. Further, itstresses on the EU policies which are made for encouraging the trade in the market. 1.1 All the organizations are established for different purposes as well as the objectives. Eventhe functions of the companies are according to the aim which is determined by them. There aremajorly three types of organization which has different aims and objectives. These are asfollows: Private organization- The main and objective of the private organization is to earn profit.For example, Nestle which is a food processing industry aims to increase its market andexpand its customer base to increase its profitability (Al-Najjar, 2012). In this, thestakeholders are the owners of the firm as they are one who purchases the shares of thecompany. The rules and the regulations are made by the stakeholders and in thisgovernment does not have any role to play. Besides this, the stakeholders make strategiesto earn more revenue. Public organization- This is opposite to the private sector organization. Majority of thefunctions are controlled and regulated by the government of the nation. The stakeholdersof the organizations are the public of the nation (Baldwin and Scott, 2013). Besides this,the aim and objective of the firm is to serve the public by giving them proper quality ofproducts. They are not focused on the profit but they emphasizes on the strategies toaccomplish the needs and demands of the customers. The public sector organization ofUK generally deals in making roads, bridges which are for the facility of the individual. 1
Non- profit sector- These organizations are established for the social cause of the society.There main aim is to help the needy people (Moon, 2010). The government has majorrole to play in the non- profit organization. They are basically for the underprivilegedindividuals who are not able to get the proper facility. These are the objectives of the organizations and they make strategies according to the missionand vision of the company. 1.2For the organization to function effectively, it is important to fulfill the objectives of thestakeholders. Nestle is one of the food manufacturing industry so it is required to identify theneeds and preferences of the customers and meet their demands. Every stakeholder has differentpreferences which are as follows: Employees- The objective of the employee is to earn money and they are in need of theproper environment in which they can operate their operations. It is required by Nestle toprovide them with safe environment in which they can carry out their operationseffectively (Parker and et.al., 2014). Nestle follows all the rules and the regulations whichare made by the government and besides this, the pay structure is made according to thenorms formulated by the government. With this, a safe and sound environment isprovided to them so that they can carry out their operations effectively.Government- For the successful operations, it is required by the Nestle to pay all the taxeswhich they are obliged to pay to the government. The objective of the government to seethat proper rules are followed or not and besides this, they emphasize on theenvironmental policy which are to be complied by the company (Stackelberg and et.al.,2010). Their main objective and motive is to safeguard the interest of the employees.Nestle has been taking care of all the aspects which are required to be fulfilled by thegovernment. Customers- Without meeting their goals, the Nestle cannot become successful. Theirmain objective is to get the food products according to their needs as well as therequirements. In case of Nestle they have been expanding its products and servicesaccording to the requirements of the customers.Environmental agency- The food processing industry emits wastage and the gasses whichare harmful for the people who are living near the factory. In this case, the aim of the2

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