Contributions of large-scale organisations to the economy

Large-scale organisations make a significant contribution to the economy as a whole and it is for this reason that governments take a special interest in the successful operation of these organisations The main significant contributions that these organisations make include: Employment - any downturn in organisational performance which sees these organisations downsize the number of their employees or close part or all of their operations will have a significant impact on the community. Also, these organisations provide indirect employment through the many organisations from whom they purchase their components or parts Goods and services - these organisations provide a significant number of important goods and services not only for the general public but for other organisations as well. In addition, these organisations undertake extensive research and development to extend the type and the range of products and services available, as well as to improve their quality and serviceability Revenue - these organisations are a major source of revenue for the government through the taxation system Competition - these organisations provide a source of competition between themselves, which benefits the consumers and the community as a whole through lower pricing structures and better quality products or service Community welfare - some of these organisations provide the necessary infrastructure or goods and services, which enable members of the community to achieve minimum levels of welfare. They may also have a community service obligation to provide certain goods and services to the general community at zero cost or at a cost which simply recovers expenses. Some of these organisations also sponsor certain activities and groups within the community and undertake research into ways to preserve our environment and our heritage Foster international relations - many of these organisations are multinational corporations and as a result are de facto diplomats which represent their country in their international dealings and, as such, assist with government policy implementation.