Business Activities

In: Business and Management

Submitted By tofazzal
Words 836
Pages 4
The IMF works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty.
What we do
The IMF promotes international monetary cooperation and exchange rate stability, facilitates the balanced growth of international trade, and provides resources to help members in balance of payments difficulties or to assist with poverty reduction.
The IMF has 187 member countries. It is a specialized agency of the United Nations but has its own charter, governing structure, and finances. Its members are represented through a quota system broadly based on their relative size in the global economy.
How we do it
Through its economic surveillance, the IMF keeps track of the economic health of its member countries, alerting them to risks on the horizon and providing policy advice. It also lends to countries in difficulty, and provides technical assistance and training to help countries improve economic management. This work is backed by IMF research and statistics.
Collaborating with others
The IMF works with other international organizations to promote growth and poverty reduction. It also interacts with think tanks, civil society, and the media on a daily basis.
Organization & Finances
The IMF has a management team and 17 departments that carry out its country, policy, analytical, and technical work. One department is charged with managing the IMF's resources. This section also explains where the IMF gets its resources and how they are used.
The IMF has a Managing Director, who is head of the staff and Chairman of the Executive Board. He is assisted by a First Deputy Managing Director and two other Deputy Managing Directors.
Staff of international civil…...

Similar Documents

Ethical and Socially Responsive Business Activities

...Ethical and Socially Responsive Business Morisha Mack Business- 100 Professor Lizzie M. Lewis-Clemons September 2, 2013 Code of Conduct There are many high standards and principles that a business must set in order to be and remain successful. Many companies outline their expectations in a code of conduct. A code of conduct is a document written by a company that defines the ethical standards of the organization and gives employees information on how to handle situations within the organization. It is not only important that a business writes a code of conduct, but it is imperative that the principles are carried out by everyone within the business from the CEO to the employees. “While the primary goal of all businesses is to be profitable, they must also promote ethical and social responsibility throughout their organizations and their corresponding customer and supplier networks.”(Kelly, McGowen &Williams).(2013) Chipotle Mexican Grills’ Code of Conduct Chipotle has a code of conduct that assures its ongoing success. Some of the key components are its Vision Statement and its Anti-Discrimination and Harassment Policies. An organizations’ vision statement expresses its values as well as frameworks operating procedures. Chipotles code of conduct begins with its vision statement and is based primarily on Integrity. “Chipotle is a company based on Integrity. Integrity is about being real and being honest. It means doing the right...

Words: 659 - Pages: 3

Business Activity

...PEST PEST stands for "Political, Economic, Social, and Technological analysis" so companies can use this to assess the situation of the economy so they know how to run the business. The British Heart Foundation is a charity organisation in the United Kingdom that funds research, education, care and awareness campaigns aimed to prevent heart diseases in humans. The Charity was founded in 1961 by a group of medical professionals who were concerned about the increasing death rate from cardiovascular disease. It is a major funder and authority in cardiovascular research, education and care, and relies predominantly on voluntary donations to meet its aims. In order to increase income and maximise the impact of its work, it also works with other organisations to combat premature death and disability from cardiovascular disease. ` Economic factors which effect Coca Cola There will be a few different things that will affect Coca Cola. One off the things that will be an Economic factor is the interest rates the Bank of England will set. Interest rates will determine how much money customers will have to spend and whether they will buy coca cola more or less than they where before. Another factor what will affect Coca Cola will be the exchange rates. Exchange rates will affect the company because they will have to keep up to date with the changes with the currencies in each country and compare the prices in each to make sure they sell for the right price. Another factor is the......

Words: 755 - Pages: 4

Managing Business Activities

...And Report Writing Undertake A Business Project And Report The Findings And Recommendations To The Stakeholders Of The Business BUSINESS RESEARCH CASE THE PROBLEM: Your client has recently acquired an existing business however has limited management experience and has done very little research on the business before purchasing it. He is now encountering a number of strategic challenges that seem unsurmountable. He wants to find solutions to the many challenges the business is undergoing. The Client now recognises that the success of his business relies on effective and efficient planning and management of the business work activities. This involves understanding the interrelationship of business processes and the implementation of operational plans, quality, and health and safety systems; and developing the skills needed to design and implement operational systems to improve effectiveness and efficiency to achieve the desired results for the business. The Client now believes that business research and management and leadership expertise are the key to improving the business. He has contracted your management firm with the aim to gain reliable information as a basis for good strategic management and leadership decisions and the expertise to implement these decisions. THE TASK: You are a senior partner in a management firm. Your company provides business research and consultation services to clients. The management firm engages in business research to study and......

Words: 1176 - Pages: 5

Supporting Business Activities - P6

...(P6) Adopt suitable procedures and policies in providing support for an activity. Office Security Access to the offices will be strictly controlled, and visitors will be permitted access through the Receptionist. The front door will remain locked outside office hours, and suitable security measures taken through the use of alarms and intruder detection systems. Movement of equipment will be controlled by procedures operating under the Fixed Assets procedure. All visitors to the premises will be issued with visitors’ badges at the reception. Badges must be displayed at all times on the premises. Employees should escort any person on the premises who is not displaying an identification badge back to the reception. Visitors will remain at the reception until the appropriate member of staff is available to escort them in and out of the office area. To assist in maintaining office security, the last employee to leave the office should ensure that all entrances are locked. No money or valuable property should be left unattended. In the event of a fire or emergency, staff should leave their workstations immediately and not stop to clear papers or collect personal belongings. Staff should note the location of fire exits and extinguishers. In the event of fire, lifts must not be used. Information The confidentiality of the Secretariat’s business is to be maintained at all times. All letterheads, forms, and other stationery bearing the logo of the......

Words: 397 - Pages: 2

Managing Business Activities

...organisation I am now going to talk about a business for my task. The business that I choose was Cafeeast Oxford, I am going to talk about the relationship between different processes and functions for the organisation. Process – A process is a collection of related tasks introduced in response to an event that achieves a specific result for the customer of the process Function – this is an activity that is natural to or the purpose of a person or a thing. Aims/Goals – In my business, the aim and objective of Cafeeast is to become a recognised business, for this to enable as a business we would need to do more advertising so it can attract our customers which subsequently can spread to the wider community. Also the important thing in a business which is to keep customers happy making sure that they are comfort in their zone while they are waiting for their food to be served. Making a good image on a brand name can gather a lot of potential customers to visit the business. The important thing in a business is to make it the best out of all your competitors to sell high quality products such as fresh food fast which will give the urge to customers to come. Structure – There are three main types of pyramid organisation structures, functional product and matrix. In a functional organisational structure the company arranges its departments by various like, finance, accounting and marketing. The business I choose is a small business which means the organisation......

Words: 2417 - Pages: 10

Managing Business Activities

...Managing Business Activities to achieve results Lecico Egypt Ceramic Task 1: 1.1 evaluate the interrelationship between the different processes and functions of the organization Introduction * Lecico is one of the world’s largest sanitary ware manufacturers and a significant tile producer in Egypt and Lebanon. With over 50 years of operation, Lecico has developed into a major exporter by producing competitively priced sanitary ware to exacting European quality standards. * Today, Lecico is one of the largest suppliers of sanitary ware to Europe and the Middle East. A business process * Is a collection of related, structured activities or tasks that produce a specific service or product for a particular customer or customers It may often be visualized as a flowchart of a sequence of activities with interleaving decision points or as a Process Matrix of a sequence of activities with relevance rules based on data in the process. How do Organizations Improve? * Major changes must start at the top * Ultimately, everyone must be involved * Effective change requires a goal and knowledge of the current process * Change is continuous * Change will not be retained without effort and periodic reinforcement * Improvement is continuous Why Business Process Management? * Symptoms of Poor Business Process Management and Design * No standard process/method for addressing how to define business......

Words: 4109 - Pages: 17

Managing Business Activities to Achieve Results

...Unit 15: Managing business activities to achieve results Introduction: There are three sectors of the economy which are public, private and voluntary sector. I have chosen to do research on Royal mail they are they are the largest postal service up to date and has a long history of postal service dating back to the 18th century which is why I will do research on Royal Mail for the public sector along with John Lewis for the private sector. Task 1 Assessment Criteria 1.1 Evaluate the inter-relationship between the different processes and functions of a selected organisation. Include the following for a selected business organisation: mission statement, corporate culture, aims/objectives, business functions (e.g. human resources) business processes (e.g. management, operational and supporting processes). Selected organisation: John Lewis John Lewis Mission Statement John Lewis mission statement is to for the sole purpose ‘happiness of all our members, through worthwhile, satisfying employment in a successful business’. Where success is measured on our ability to sustain and enhance our position both as an outstanding retailer and as a thriving example employee ownership. With this in mind John Lewis strategy is based on three interdependent objectives partners, customers and profit. Corporate culture John Lewis has a good corporate culture which sets a standard for other businesses who do not follow this culture. John Lewis believe that all their......

Words: 10107 - Pages: 41

Managing Business Activities to Achieve Results

...Contents Acknowledgement 4 Introduction 5 TASK 01 6 UNDERSTAND THE IMPORTANCE OF BUSINESS PROCESS IN DELIVERING OUTCOMES BASED UPON BUSINESS GOALS AND OBJECTIVES. 6 1.1 6 Evaluate the interrelationship between the different processes and functions of one of the following companies. 6 Interrelationship between supply chain and procurement department and other departments 6 1.2 9 Justify the methodology to be used to map processes to the organization you have selected in question 1.1 goals and objectives. 9 Process identification 9 Information gathering 9 Interviewing and mapping 10 Analysis 10 1.3 11 Evaluate in own words the output of the process and the quality gateway for the company selected in 1.1 11 output of the process 11 Environmental sustainability 11 Quality gateway 12 Task-02 13 BE ABLE TO DEVELOP PLANS FOR OWN AREA OF RESPONSIBILITY TO IMPLEMENT OPERATIONAL PLANS. 13 2.1 13 Design plans which promote goals and objectives for own area of responsibility for internal and external customers for short term and long term plan. 13 Become clear on the result you would like to realize 13 Break objectives into small 13 Determine the objectives for every goal 13 Put your goals and objectives into time frames 14 Review your goals 14 Put your list in a very place that's simply accessible 14 Return to your lists when every time frame 14 2.2 15 Write objectives which are specific, measurable, achievable, realistic......

Words: 4814 - Pages: 20

Managing Business Activity to Achieve Results

...Select a medium size organization where you would have easy access to their business processes, operations, quality systems, health and safety at work place etc….This may be the organization in which you work, or an organization which you may have easy access to complete the following task. Please ensure that when selecting the organization that you will be able to cover all tasks set out in the assignment. 1.1. What type of processes could possibly exist in your selected organization?Evaluate the interrelationship between those different processes and functions of the organization. (P1.1) 1.2. Taking into consideration the selected organization justifythe methodology to be used to map Processes of the selected organization with their respective goals and objectives.(You can form related assumptions in creating objectives and processes.) (P1.2) 1.3. Evaluate the output of the process of the selected organization / department and the quality gateways (P1.3) Learners are encouraged to concentrate on M 2.1 and D 2.2 in order to achieve distinction and merit grade descriptors when addressing the above tasks 01. Task 2 2.1 Select an area of responsibility; this may be production or any other department of the organization and design plans which promote goals and objectives for this area of responsibility (P2.1) 2.2 Taking the organization / department you have selected in to consideration write Objectives which are specific, measurable, achievable,......

Words: 642 - Pages: 3

Managing Business Activities

...15: MANAGING BUSINESS ACTIVITIES TO ACHIEVE RESULTS Unit 15: Managing Business Activities to Achieve Results Unit code: J/601/0946 QCF level: 4 Credit value: 15 credits Aim The aim of this unit is to provide learners with the understanding and skills to manage their activities in the business workplace to improve their effectiveness and efficiency. Unit abstract This unit focuses on the effective and efficient planning and management of business work activities. It gives learners with understanding and skills needed to design and implement operational systems to improve their effectiveness and efficiency and achieve the desired results for the business. Learners are encouraged to consider the importance and interrelationship of business processes and the implementation of operational plans, together with quality systems and health and safety, in achieving satisfactory results. Learning outcomes On successful completion of this unit a learner will: 1 Understand the importance of business processes in delivering outcomes based upon business goals and objectives 2 Be able to develop plans for own area of responsibility to implement operational plans 3 Be able to monitor appropriate systems to improve organisational performance 4 Be able to manage health and safety in the workplace. BH023329 – Edexcel BTEC Levels 4 and 5 Higher Nationals specification in Business – Issue 1 – April 2010 © Edexcel Limited 2010 69 UNIT 15: MANAGING BUSINESS ACTIVITIES TO......

Words: 1068 - Pages: 5

Business Activities

...and 5 Higher Nationals in Business Contents Unit 1: Business Environment 1 Unit 2: Managing Financial Resources and Decisions 7 Unit 3: Organisations and Behaviour 13 Unit 4: Marketing Principles 19 Unit 5: Aspects of Contract and Negligence for Business 25 Unit 6: Business Decision Making 29 Unit 7: Business Strategy 33 Unit 8: Research Project 39 Unit 9: Management Accounting: Costing and Budgeting 43 Unit 10: Financial Accounting and Reporting 47 Unit 11: Financial Systems and Auditing 51 Unit 12: Taxation 55 Unit 13: Personal and Professional Development 59 Unit 14: Working with and Leading People 65 Unit 15: Managing Business Activities to Achieve Results 71 Unit 16: Managing Communications, Knowledge and Information 77 Unit 17: Marketing Intelligence 81 Unit 18: Advertising and Promotion in Business 87 Unit 19: Marketing Planning 93 Unit 20: Sales Planning and Operations 99 Unit 21: Human Resource Management 105 Unit 22: Managing Human Resources 111 Unit 23: Human Resources Development 117 Unit 24: Employee Relations 123 Unit 25: English Legal System 129 Unit 26: Business Law 133 Unit 27: Further Aspects of Contract and Tort 139 Unit 28: European Law 143 Unit 29: The Internet and E-Business 147 Unit......

Words: 61350 - Pages: 246

Managing Business Activities

...HUMAN RESOURCE MANAGEMENT INSTITUTE PEARSON BTEC HND IN BUSINESS – HRM/MANAGEMENT UNIT NO: 15 UNIT TITLE: MANAGING BUSINESS ACTIVITIES TO ACHIEVE RESULTS UNIT CODE: J/601/0946 NAME: MOHAMED ABOOBUCKER JAZEER AHAMED ASSIGNMENT TITLE: MANAGING BUSINESS ACTIVITIES Introduction The Managing Business Activities has included term Managing and Business Activities. The Business Activities is any actions undertaken by individuals or companies, such as buying, selling, marketing, or any activity that is engaged in for the primary purpose of making a profit. Business activities can include things like operations, marketing, production and administration. Also known as business operations, Managing Business Activities is, The Business Activities effectively managing by the related parties to achieve the organizational goals and objectives. This module will be cover all over the part of Managing Business Activities with suitable examples. LO1 1.1 Organizational Process Organizing, like planning, must be a carefully worked out and applied process. This process involves determining what work is needed to accomplish the goal, assigning those tasks to individuals, and arranging those individuals in a decision‐making framework (organizational structure). The end result of the organizing process is an organization - a whole consisting of unified parts acting in harmony to execute tasks to achieve goals, both effectively and efficiently. A properly implemented......

Words: 5794 - Pages: 24

Managing Business Activities

...Managing Business Activities to Achieve Results Edexcel BTEC level 4 in AMS-LONDON College By Lodoisambuu Bazar To Francis Nwofor Table of Content Task 1 1.1. Evaluate the interrelationship between the different processes and functions of the organization 1.2. Identify and justify the methodology you would use to map processes to the organization’s goals and objectives 1.3. Evaluate the output of the process and the quality gateways Task 2 2.1. Design plans which promote goals and objectives for own area of responsibility 2.2. Write objectives, which are specific, measureable, achievable, realistic and time based to align people and other resources in an effective and efficient way 2.3. Implement appropriate systems to achieve objectives in the most efficient way, on time, to budget and meeting organizational standards of quality 2.4. Carry out work activities meeting the operational plan through effective monitoring and control Task 3 3.1. Design systems to manage and monitor quality standards specified by the organization 3.2. Demonstrate quality culture to ensure continuous monitoring, evaluation and development of the process 3.3. Recommend improvements which align with the organization’s objectives and goals and which result in improvements 3.4. Report on the wider implications of proposed changes within the organization Task 4 4.1. Carry out risk assessments as required by legislation, regulation and organizational requirements ensuring......

Words: 3548 - Pages: 15

Business Activities of Citibank

...that is involved in the mentioned activities. Types of loan provided: Secured loan - borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan Mortgage loan - money is used to purchase the property Unsecured loan - loans that are not secured against the borrower's assets (e.g bank overdraft) Trade services and finance: Citibank offer a full suite of trade solutions to support your business growth and expansion. Dedicated trade advisors to handle your queries and provide timely updates to your trade transactions Trade services: Full range of trade services from documentary collections to LC advising and confirmation and banker's guarantee Trade finance: Full range of trade financing options to improve your cash flow Cash Management: from current accounts to remittance services, we have the full range of cash management solutions to help you manage your business transactions effectively. Treasury Solution: As a leading provider of treasury services, we help your business manage exposure to various market fluctuations, transforming market volatilities into opportunities. If your business transactions are conducted in different currencies, market fluctuations can adversely affect your bottom-line. Protect your business cashflows against market volatilities through our hedging instruments and yield enhancement solutions. Business activities carried out by......

Words: 1098 - Pages: 5

Pass 2 the Classification of Business Activities

...Pass 2 the classification of business activities Describe the primary, secondary and tertiary classifications of business using local and national examples. For this pass I will describe the 3 industrial sectors, which are the primary, secondary and tertiary sector. After than for each classification I will use 3 examples. The primary sector: The primary sector is the economic sector that provides raw materials and basic food. It’s involves growing, extracting or converting natural resources in to primary product (raw materials). In this sector the majority of the business is agriculture, fishing, mining and quarrying industries. I will give below 3 examples: Fishing, Diary Farm and Apple Orchard. Fish Farm HESY Aquaculture B.V. is specialized in design and construction of fish farming systems. HESY constructed fish farming systems world-wide since 1984. These fish farms are based on water purification and water recirculation and can be used for fresh water as well as salt water. Basically all kind of fish species can be farmed in a HESY recirculation system. For example: Eel, Pike perch, Sturgeon, Trout, Tilapia, Catfish, Barramundi, White Fish, Salmon, Turbot, Sea bass, Sea bream and Cobia [pic] Apple Orchard Lakeland Hampers Apple Orchard Juice Co. The Apple Orchard Juice Co. (Formerly Think Drink) is a small apple juice producing business, established in the Autumn of 2001. Quality apples are sourced mainly from Cumbrian......

Words: 1011 - Pages: 5