Task-1

Identify what type of organisation is Primark and discuss its purpose. In addition identify
and discuss the purpose of one organisation within the following categories?

Primark is an Irish clothing retailer operating in Australia, Belgium, France and other
countries. This company has been running its business from a very long time now and
Paul has decided to take care of all of the management firms as CEOs of big business
people. In addition, Primark was founded by Arthur Ryan in June 1969 to promote the
fashion industry and its products based in France. Primark is familiar with the orders
and guides issued by the promoter of its parent company, the British company (Evans,
et Al, 2016) .This fast-paced business is among the types of businesses incorporated to
follow resulting in the work of. business. The promoter group incorporates many types
of business for smooth operation of the firm such as ownership, partnerships, private
companies, NPO companies, NBFCs, Banks and other business entities. runs its
business with the help of over thousands of employees around the world. There are
many types of operations that are carried out in the fashion industry. The Primark
Company has a goal in this vibrant world to achieve its goals and objectives.

Purpose of Primark:

• Productivity- Primark is an independent company that has run its business to

maximize profits and meet customer needs. The information available in its annual
report shows that the company has received 673 million GBP (2015) from a turnover of
5.347 billion GBP (2015) on a positive note. In addition this company has been awarded
production to others for quality product.

• Increase sales - This refers to the sale of products and goods in the market. Primark
sells a wealth of products and fashion apparel and claims to have more market value.
To date the company has accounted for more than 20% of the market economy. In
addition to this rotating company of 5.347 billion GBP (2015) it is estimated that the
company has shown growth in sales figures last year.
• Strategic partnerships - This is the partnership or strategic plan created by Primark
and aims to grow the business. it appears that the company has created a number of
strategic partnerships that provide an excellent business plan for capturing the market
and generating profit. In addition to this Primark has developed a strategic plan to
access the market in a timely manner.

• Operations- Primark has achieved a high level of short-term business with a large
number of employees and a significant investment in machinery and plants is
paramount. Primark has therefore created great human resource management
personnel to ensure that all employees are benefiting.

• Avoiding Non-Trouble is a major concern for each and every organization. Primark
follows a number of risk reduction strategies that take into account different types of
planning and management methods to effectively manage the business operations. In
addition to this Primark owner is a Owner who lends their money to the proper operation
of the firm. The main purpose of the company is to bring back their free money on their
investments.

• True brand image - Primark has been selling its products and products in the fashion
industry for a long time. With the help of its annual report it will be seen that the
business is being carried out by the government of the multinationals and that they have
effective legal systems in place in its business strategy.

Other activities for Primark will follow the steps outlined below

Vision-It refers to the types of activities and plans that contribute to the company's future
need. Primark has set its sights on enhancing its business and securing more than 400
floors around the world.

Mission - Accompanied by a written document that provides the work for the
organization's goals and objectives. This year Primark has established a mission
statement to capture more than 30% of the market in the fashion industry over the next
four years
Purpose - Primark's ultimate goal is to maximize profits while providing quality products
to its customers through sound decision-making..

CSR- A backbone of social responsibility. Primark complies with all the requirements
and regulations required and is part of CSR's efforts to better promote community and
stakeholder engagement.

Co-Operative — This is the body that is established and intended to promote social
work. This business is the business that only members of the organization carry out the
right decision. This is aimed at providing equal benefit to honorary members with the
aim of promoting social work. In today’s world there is an opportunity for community
involvement to be involved.

• Customer-Provider

• Co-workers

• Sender Check

Following is the theme of the Co-Operative community which can be defined below

• Community-Engagement co-opted by a bunch of promoters and called for income and

sharing between members.

• Partnerships between members - A group of alumni and members have made

decisions with a view to generating revenue.

• Creating Community-Friendly Partnerships is an effective way of working for members

who can coordinate tasks in a coordinated manner.

• Share-Relationships with relevant members and meet the necessary steps. It is useful
to share each incident and to support the mind or the budget.

Primark is running its business well and aims to have clear goals and objectives to
make the road more efficient. Primark has partnered with other key stakeholders such
as employees, government, merchants, suppliers, promoters, banks, and lenders,
People in the card, clients and other interested people. the functions of the organization.
To illustrate the extent to which Primark is meeting the goals of their respective
stakeholders is given below (Evans, et. Al., 2016).

• Employees - These are the people who are always prepared for the proper
management of the organization. It is understood that employees are the key pillars of a
clean company that the company cannot handle. Primark brings its investment and
production from outside the business world. Only the sales and operating margins are
particularly important to Primark. The Company aims to stimulate effective and effective
Employee Relations program to safeguard employee satisfaction and organizational
well-being (Larkin, 2016).

• Government-Primark operates its business worldwide, so the company must comply

with all applicable laws and regulations issued at the domestic or international level.

• suppliers - Many suppliers provide goods and services to the company. Primark has
reimbursed the supplier in the event that it has been resolved and will not make any
mistake in revitalizing their existing software once it has entered into
contracts.                                         

• Customers- Primark offers fashion towels and other accessories with the aim of
meeting customer needs with the right demand. It appears that Primark has provided
quality apparel and followed the global quality check in value chain activities Therefore
in order to be the first invention of Primark's efforts it offers high quality products and
products goods on board.

• Creditors - These are the banks and loan companies that most banks and creditors
provide to Primark for smooth operation. Primark has yet to be charged for paying taxes
and taxes. In addition, this company maintains the highest loan rates issued by global
banks.
 • Promotions — These are the people who make the list. The only request of the
promoters of the organization is to earn money and establish a profitable brand image.
Primark has made a huge return to its promoter all the time, and has set a high profile.

• Citizenship - There are many people who care deeply about the work of the Persians.
Primark has donated a lot of money to each of its members. In addition this company
has complied with all applicable laws and regulations.

• Primark's responsibilities- Primark is a team of ethics that runs its business very hard.
Organizational responsibility is the proper conduct of the organization as it manages
and reviews the firm. You can also define social responsibility, business management,
entrepreneurship, Chief Citizens, business related. Primark has many responsibilities to
its customers such as credit cards, providers and community partners who may be
interested in the company. 

 The main responsibilities of Primark are toward its clients in its product offering. It
is assumed that company has to offer its product which should be appropriate and
according to the quality of standard established in industry. Primark has set up ethical
working channel in its value chain activities which has provided that company has used
all the relevant means and assets to establish an effective productive system

Ethics and law: Primark has taken effective steps to establish different structures and
mechanisms to distinguish between ethical and legal practice in the very functioning of an
organization. There have been numerous instances where the Primark convention
promotes slavery, a very high taxation and illegal legalization. Primark has established
equality in the civil and legal environment. In addition this company has used the highest
amount of money to supplement its product sales cost and tax rate in a determined way.
Primark has little money for staffing changes and employee benefits over time and aims to
increase organizational profits.

Primark work culture: Primark has developed a culture of organizational coordination and
preventing staff disputes and problems. In addition to these differences and legal issues
are seen by the major stakeholders.
Report responsibilities: Primark has developed a comprehensive legal and accounting
standard when reporting to their owners. Also, the company has appointed authorized
dealers to adjust financial accounts in order to provide information and authorization.

Company Management: Primark has established a special legal department with the aim of
establishing a sound legal framework for compliance with all applicable laws and
regulations.

Group corporate responsibilities: Primark is a Global Trading Company with a contribution

of less than 2% of its three-year average revenue to its social obligations. Also, the
company is funding funding and NGOs to promote science and other aspects of this
economy.

Task-2

Economic system- It is the system which is based upon the economy’s want and need
in determined time. In this system all the organization from different places make joint
efforts so that customer demand and demand to achieve the best possible performance.
The way that stakeholders perceive the management systems of the organizations and
services throughout the period depends entirely on the resources available and other
economic capital. In this fast-paced world where resources are scarce it can be difficult
to effectively manage resources by aiming to meet the needs and wants of the people.
Therefore the government is trying to appropriately allocate resources through
management grants. The global economy is a factor that determines how scarce
resources can contribute to the effective production of food and services by comparison
(BANICA & HAGIU, 2015).

Various economic systems have been introduced by different countries with the aim of
developing an effective working environment (Heydon, 2016).

CUBA: The free market economy where limited government policies and intervention
often influence public demand and supply. In addition, Cuba's economic system is
moving forward with considerable resources and low demand for this product in this
 market segment. Therefore, the cost and the economic environment depend on how the
organization deals with economic conditions and the people's demand. Cuban
authorities are less concerned about how resources are allocated to produce goods and
products but they are focused on getting the goods out. the world.

United Kingdome: The economy of UK has been suffering with recession since very
long time which has resulted into loss in company’s GDP. There are various changes
are made in the economic condition of the U.K.

Fiscal policy:

 Increment in Value added tax

 NO arrangement of Non-profitassets of Bank
 High imposition of Tariff and traits

Monetary policies:

 Low interest rate

 Less government Intervention
 Primark operating

Due to the reduction in Government intervention and the low cost of funding the
company has been able to invest in its operations to increase production efficiency. In
addition to this UK inflation is a real commitment to Primark's ability to use resources
effectively to meet the needs of many.

China: The sign-up system is very effective as it is seen as having a greater level of
citizenship and greater ability to prevent such raw material from being made. China is
pursuing direct economic systems in civil society and corporations that work together on
a system of efficient production of goods and goods. In addition to this type of blue light
business it is well organized with the required accessories. Unlike the rest of China it
has brought many trade goods for the betterment of the world. In addition to this mixed
economy, the government has approved intervention only for social and economic
development.
The situation of the Mirror economy is as follows:

• In this type of economy the public and private organizations work together to meet the
needs of the people

• This will help regulate monopoly activities and promote healthy competition in the
selected industry

• Payroll billing and payment scheduling are maintained regularly by state and local law
enforcement agencies.

• Governments and other jurisdictions focus on improving the operating system

(Cheeseman, 2016).

Government policies- These are the tools and tools used by the government and other
agencies for the management of money in the economic environment. It is evident that
if the government wants economic growth it will spend a lot of money on government
action plans. If the government wants to control the economic growth rate then the
development plan and the tax rate reduction will reduce policies and management
structure (Geyfman, 2014).

Monetary policy- The government's plan and tools to use it to manage the economy.
The government is doing a lot of work to regulate the country around the country such
as issues of land reform, rising costs, declining spending, spending and economic
planning. This government policy has a huge impact on the growth and financial stability
of the economy. Provides the best way to meet people's needs and wants.

Impact of fiscal and monetary policies on farming business.

Monetary policies Fiscal policies

Farming business is accompanied with Fiscal policies are used to cater the growth
activities of production of foods and raw of the economy. Government has used
material in identified approach. monetary various tools and method throughout the
policies has been used by government to time with a view to develop an effective
promote this farming business as high mechanism for the betterment of current
amount of donation in this sector by the economy and increasing farming business.
government has resulted into low cost of In addition to this government has been
production and has rendered farmers to issuing various bonds and gilt securities
get rid of interest burden. In addition to this for the betterment of farming business.
farmer has been offered low interest rate
loan so that they could make more
production for the better development of
economy. Monetary policies are being
used by government to promote farming
business in U.K. which has resulted into
low inflation rate in determined approach.
Impact of fiscal and monetary policies on housing business.

Monetary policies Fiscal policies

Housing business is coupled with activities Fiscal policies are used to cater the growth
of development or building house. of the economy. Government has used
Monetary policies has been used by various tools and method throughout the
government to promote housing business time with a view to develop an effective
by reducing the home loan interest rate working environment of housing business.
and also provided a good help in the Moreover government has issued several
betterment of real estate business. polices and regulation to make housing
loans easy and less cost associated
program for the people.

Evaluate the impact of competition policy and other regulatory mechanisms on the
activities of a selected organization?

Competition policies- It is the policies and statutes which are used by organization
with a view to cater the competition in industry and maintain a positive level of working
environment in industry. The competitiveness of the company has a huge impact on the
growth of the organization and its impact on revenue. The purpose of competition policy
is to streamline the process of designing and developing a technology that is effective in
the business environment. management.
• The role of the 2002 firms provides protection to organizations suffering from market
failure. In many cases privacy management will lead to the benefit of this strategic
alliance and the idea of a strong market.

• The 1998 completion plan was designed with the aim of eliminating any opportunity for
market dissolution. The impact of police in both private and public companies is
reflected in their price-fixing methods, using tactics that do not make the market
stronger.

• The release of the 2013 allotted agencies to establish a new body of competition or
competition with market power (CMA). This control is due to the fact that the Company
is operating from nonprofits (Mensi, et. Al., 2014).

• A set of private firms or agencies for corporate reform have submitted policies and
legislation for the conduct of business operations with sound judgment.

• There are other bodies responsible for regulating market policies, procedures and
procedures and other factors that are useful in making the decisions.

Task-3

Many organizations work to run their businesses and achieve their goals and objectives.
A firm's pricing or output is usually based on the company's market value. The demand
and supply of a product in the market is important in determining the price and level of a
company's output. The country's market structure and the relationship between demand
and supply market share and level of competition among companies in the market.
Productivity in one market may be significant and the demand may be low in other
markets. Product demand is usually based on the nature of the company as the
consumer needs in the market. Information on market structure and business
implications are as follows:
 Monopoly- Monopoly is the situation where single firm has the dominance over the
market. In this different types of markets that do not sell the seller at the cost of the
product due to the lack of broker options. New integration into this type of market
can be very difficult. The company in this type of market is very focused on
increasing its output capacity to meet the demands of consumers.

• Competitive competition — this is the situation where many consumers in the

market do not control the price of the product. There are many different types of
markets that look to offer products at a very low cost to gain a competitive
advantage. Getting into this kind of market is very easy.

• Oligopoly- There are few market players who determine the price of a product. The
buyer and seller both affect the price of the product. Entering this market is possible
but difficult.

• Duopoly — The market is like a stand-alone feature that the consumer decides on.
That means there are two buyers and the seller has to decide between them.

Task-4

The market forces generally include the effect of demand and supply on the price and
output of the product. The employee should understand the relation between these
factors to increase the profitability of the business (Jochem& Reitz, 2014).
If the demand of the product rises than the company should increase the price of the
product on the other hand if the demand of the product starts declining than the
company should reduce the price of the product to attain consumer equilibrium. The
simultaneous increase in price with demand will help in earning a good profit on the
company product. Whereas, on the other side the decrease in price when the demand
decreases will help the company in avoiding the dead stock.In addition to this company
has been complying with all the required laws and regulation in determined approach
and has established following methods to complete its responsibilities.

If the supply of the product increases the company should reduce the price of the
product and on the other hand if there is decrease in the supply of the product the
company will increase the price to earn a nominal return on its profit. If the demand
declines the company should increase the price of the product to cover the loss. On the
other hand if the supply increases the company will reduce its price to sell its entire
product and earn appropriate profit for the business.
Competition in the market also affects the firm's pricing and decisions. If there is a small
competition the company can pay a lot for the product on the other side, and if there is a
lot of competition between the firms in the company it should be considered to reduce
the cost of the product.

The behavior of the selected organization

The market structure of the firm is the most competitive, with Monopoly, oligopoly and
other commercial enterprises in this fast paced economy.

The environment in which the company operates is greatly influenced by the

performance of the firm. Customers have different preferences in each market. Product
demand is much higher in the market on the other hand, and demand in the other
market is low. The sales manager must determine the customer's preferences before
entering the market. Market controls related to business are political, social, legal and
otherwise.

In this fast paced and competitive industry, there are two key markets that it needs to
develop and sustainability management. Price guides and product differences are the
most effective strategies for management to use

Task 5

The significance of international trade to UK business

The enterprise contains many types of complex tasks that are organized by various
types of tasks in order to achieve the goals. In this report it is seen that there is a wide
 range of business enterprises that the entrepreneur can set up in order to set up his
own business. International business is very effective throughout and aims to open up
the world. Global trade is strong, and some countries are determined to regulate global
trade and to lower rates and dollars. There are many international trade blocks such as
the EU, NAFTA, and AFTA and others (FELDMAN & BIGGS, 2012).

• Physical context: Global trade involves and transfers goods and services around the
world. Many UK and other countries deal with the UK on economic growth and other
commodities offered below (Jochem, & Reitz, 2014) .Security trading has achieved a
good deal. the country's global capabilities and the influx of major international
signatories. .

• Establishing foreign reserves - Global trade has involved gathering mediators that
strengthen countries' economic values to make decisions.

• Good economic growth - The right balance of trade in the last quarter of the U.K. it has
finally come to fruition with the growing ability to carry on the global image of the
country..

 International brand image- Establishment of regional trading block with other

sophisticated county helps U.Kin creation of effective international brand image.
 Availability of technology-The international trade has made possible for U.K. to
create brotherhood in its economical relation with other countries. This will not only
provides the new technology but also helps in brain   drain of the most talented people
in the development of country.
 Assistance from several bodies-World trade organization, International
development bank and other bodies have assisted U.K. to make effectively maintained
its international policies and frameworks in effective manner.

Analyse the impact of global factors on UK business organisations

Organizations include many groups of participants such as employees, cards, and

promoters as well as people doing the work. It is therefore evident that behavior and
structure are necessary in terms of vision, mission, and goal setting. Monetary policy
and budgeting are the key hurdles that a senior manager faces in order to prioritize
strategic planning and business planning.

• Global trends- These are the global trends that affect the economic climate of the U.K.
The U.K. cannot. and other countries to undertake such projects as developing
international policies and polices such as these.

• Global policy- U.K. corporate governance. they have many options for their projects,
and their business policy is by taking into account international and national policies.
The WTO, IMF, IDB and other Advisor policies are used by corporate governance to
generate global business strategies.

• Global economy - It deals with other policies and regulations and aims to promote
international trade. The economic issue affecting the UK administration is that the global
economy, which has a huge fluctuation in the stock market, is compensated by the
emerging power.

Task 6

The European Union on UK business organizations

 E.U. is accompanied by 28 countries including Europe. This is a region that has

been co-opted with the aim of promoting international cooperation in terms and
conditions. Changes in the EU as a result of Britain's immigration have led to
problems in other regions such as the U.K., U.S., France and other countries.
Many policies and legislation are being introduced to the world in hopes of
promoting and directing global trade in E.U.

 Some of the policies adopted by the EU in relation to the UK Tariff and other
types of corporate governance include UK importing other member states at
 office rate rates but at the same rate and features of the local block appears to
have lost the product at most.
 • Employment policies- The EU has established all policies and frameworks to
support workers. The focus is on promoting a global work environment in order to
maintain a global working culture. This will result in a significant increase in
employee turnover and will end up costing the company much.
 • Certificate Taxes - This applies to high business levels and many tax plans. The
EU has set free tax rates for corporate entities to ensure unified tax policy to all
EU members..

Conclusion

In the end it would said that each and every organization should observe all the legal
and ethical policies in the working environment. International trade has increased very
much for the betterment of the organizational working system. There are various
international policies and regulation has been issued by legal authorities on international
level which needs to be followed by all the organization for the effective development of
international trade.
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