The International development department leads the work of UK to end poverty of extreme nature and in doing so; it provides guidance to businesses on how they need to ensure they do not engage in fraudulent reporting and services. The government here tries to make the image of the businesses turn into a corporate social responsible one especially in the international domains. The department has diverse number of opportunities and offers strengths to businesses. The responsibility of the company lies in the following:
To honour the international commitments in UK and take action for achieving the global goals in UN.
To make UK companies be more effective through transparency, openness and money value improvement.
To target UK policy for international development to help in advancing economic growth and money based value.
Engaging in improvement of girls and women development by providing better education and an enhanced choice for planning family
Prevent violence in the international domain
Prevent change in business operations unnecessarily by providing adaptation and low carbon growth among businesses in developing as well as developed nations.
The priorities here lie in strengthening peace, security as well as governance globally, to strengthen organizational resilience and respond to the crisis, promote prosperity globally, tackle business operations and help businesses that are most vulnerable along with delivering value of the products and services for the capital employed by businesses respectively.
Why these institutions and not others?
Each of the identified institutions is one of their kinds in the sense that they offer such diverse opportunities covered by no other institution. Furthermore, these three institutions are significant for businesses rather than the others as they focus over 3 significant components essential for businesses in tough competitive environments. These 3 are innovation, communities and Global development. Each of these is essential for the success of organizations because they offer diverse opportunities to businesses in the domain of community development, developing internationally and innovating for the purpose of enhanced success.
As far as governments are concerned, businesses consider them as essential because either intentionally or in an unintentional manner, barriers is created for businesses while opportunities are created as well. There are several nations that have relaxed the restrictions over businesses and therefore the need is to ensure that businesses are not underperforming as they have few business opportunities. UK government through its authorities and institutions has engaged in offering much benefit to organizations on the whole in the form of opportunities. This paper has provided justification to prove the essay thesis statement that the 3 institutions under discussion in this essay are of the utmost significance. These 3 institutions have shown to offer benefits to operations in businesses with regard to allowing them with the appropriate resources, a corporate social responsibility view along with a competitive pathway. For example, the department of business, innovation and systems in UK has offered businesses with permission. Most businesses require being registered with a state government for their operations. Corporations require charters and other business forms such as Limited liability organizations. The registration function lies usually in defining the owner’s financial liability for the company. The risk is limited here to amount to investment of company’s but the department here has a key role to play. It allows organizations to be registered and obtain permission wherever necessary as indicated in this essay. The role of the government in business also has been found to be within the field of customer protection through the selected government institutions. The focus of governments therefore in UK has been on the welfare of businesses and these 3 institutions have played a key role towards this goal.
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