Organization Culture Exercise Essay Example | Topics and Well Written Essays - 500 words

Organization Culture Exercise - Essay Example The personnel of the organization are involved as well as specialized in the arrangements of intercultural dialogues, networks and relationships. The organization is also involved in promoting education among the poor people of several countries. Considering the transparent role that the company is playing in terms of bringing together the people of different countries for the promotion of culture, the organizational culture of British Council is an example to be followed by the same people who are involved in different programs initiated by the organization. Considering the discussion of the organizational culture, the Competing Values Framework is one of the most successful business models which can answer well about an organizational environment and its working. The significant traits of this model can be seen through figure presented below: The model presented above can be said to be perfectly executed in the organizational culture of British Council. The human resource development is the key aim within the organization according to which the morale of the individual employees of the organization is boosted through various means. The internal process of the company is very transparent in which all the employees have stability in their job and they have firm control over their duties. The key aim is the spread of the information through all the departments involved in the organization into a particular activity. Growth is another feature that the employees are expected to show in the organizational environment, which means that the employees have to be forward-thinking and have positive approach in carrying out a particular function, and this is one main feature that has been experienced by me in the British Council’s organizational culture. The employees of the BC are also expected to be efficient and productive and for which they have better resources by using which they can become more transparent in their approach that

The likely implications of a large country engaging in loose monetary Essay - 1

The likely implications of a large country engaging in loose monetary policy for exchange rates - Essay Example Like any other economy in the world, certain internal and external factors move its exchange rates in the short term and long term. These range from inflation and interests rates, balance of payment, investors and traders confidence in Germany and fiscal health of the government among others. Loose monetary policy generates both positive and negative effects to the economy, where the later can be severe and may require protection interventions to regulate the economic behaviour Monetary policies are controlled by the federal governments through the Central Banks in the nations. Therefore, depending on how the economy is performing, the federal government would provide the guidance on the monetary policy (loose or tight) to adopt. On the other hand, fiscal monetary policy in an economy and the transmission of a shock from the broader economy (e.g. global crisis or US shock affecting the Euro) could affect and action of the government and eventually the monetary policy. Large countries have high population of people and due to their engagement in economic development and high international transactions with the rest of the world; they tend to affect the economic variables of other open foreign markets, more than the small countries. Open economies/ countries are those that participate in international trade or economic activities, facilitating some level of freedom in importation and exportation with other countries. Measuring openness is quite complicated and theoretically determined by the level of protectionism (e.g. tariffs) applied by the country. However it can be estimated through the trade to GDP ratio in a country. Small countries are more open than large countries; they have higher than 70 percent openness premium (shares of imports and exports in GDP) (Damijan et al, 2013, p. 4). The effect of the loose monetary policy in the domestic front of small countries tends to be similar to large countries and perhaps faster and severely. However, in the foreig n front, there would be a variance, especially in the international factor flow that is translated in the domestic capital market. This is because of the trade volatility and high degree of openness that make them more vulnerable to external shocks. Similarly, the shocks from the small countries tend to have negligible effect in the broader foreign market, hence on the receivers end. What would happen to the exchange rates in Germany in case of a loose monetary policy? German is the largest economy in Europe with an open but regulated market. It also shares a common currency (Euro) with rest of the nations in the European Union who accepted to the terms of currency union. This in fact reduces the chances of speculative attacks on the Germany currency. According to the Europecafe (2013), German stood at number 5 rank of the largest economies across the globe; the dominating European country in trade and especially in machinery export abroad. If German can opt for an expansionary mone tary policy, its real interest rates would decline, forcing Germany’s domestic capital and financial assets to have lower real rates of return. The basic principal here is that monetary policy affects finances through interest rates and ultimately the exchange rates. Domestic investment for Germany would hence reduce after some time, as the previous investors prefer to invest abroad in search