Business - Business Environment Essay Example | Topics and Well Written Essays - 750 words

Business - Business Environment - Essay Example Profit and not for-profit organizations are very essential and play important role in U.S economy. Although both have some similarities, they also have differences. For-profit organizations are some of the prime movers of the economy in that they are responsible for a big share of capital generation. For-profit organizations utilize natural, artificial and human resources to generate profits. Most of for-profit organizations are involved in generation of products and services for the population. Notably, for-profit organizations are able to harness and utilize resources at a large scale therefore benefiting from economies of scale. Therefore, they are able to provide goods and services at a low cost. For-profit organizations are responsible for provision of employment to the greatest percentage of the U.S workforce. On the other hand, not for-profit organizations provide human empowerment services to the U.S population without generating profit. They play a pivotal role in economy in that they provide free or affordable services that would otherwise have cost the population a lot of money. Additionally, not for-profit organizations provide employment to approximately 10 percent of U.S workforce. Although they do not necessarily make profit, they provide mechanisms in which money flows through the economy. There are two primary ways in which economy can be regulated. The first one is through fiscal policies and the second one is through monetary policies. Whereas monetary policies are implemented by the central bank, fiscal policies are economic regulations implemented directly by the government. Monetary policies have either short term or long-term effects on the economy. Restrictive monetary policies seek to slow down economic activities to avert a possible inflation in the future. On the other hand, stimulative fiscal policies seek such as reduction in tax, increased spending aim at rejuvenating economic activities. Fiscal policies on the other hand, regulate the economy by use of government regulations that are sourced from acts of congress. This is done through regulation of government spending and tax structures both at federal and state levels. It is assumed that business cycles are controlled by aggregate expenditures. This is mostly reflected on business sector and government spending. Therefore, the government implements policies aimed at controlling the flow of capital in business sector as well as government spending. Therefore, the government controls government purchases or spending and taxes on business sector. This way, the government is able to regulate the economy. Air transport service is one of the most widely used forms of global transport. It accounts for the greatest percentage of inter country transport. Whereas air transport is a lucrative and profitable business, accessing global markets is usually a challenging endeavor. This is because the business rests on different market structures with have different and som etimes, contrasting interests. The most appropriate strategy for accessing global market would be to access the travel and transport needs for different countries in which the air transport service is to be provided. Different cultural and societal needs for all countries need to be assessed. It will thus be possible to access these markets by