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The Organized Human Activity Under the Structure of Organization - Research Paper Example

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This paper analyzes the perspective of World Bank operations. To summarize, the total evaluation of the IS/IT investments proposal takes place in three steps, covering financial, business and technological criteria, both positive and negative. The technological aspect of IT is being incorporated…
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The Organized Human Activity Under the Structure of Organization
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Download file to see previous pages World Bank was owned, financed and run by 184 member countries. It is the world’s largest provider of financial assistance for many developmental activities that are being carried out throughout the world, specifically in Third World countries. “…Bank-supported efforts including building schools and health centres, providing water and electricity, helping to create a better investment climate and more efficient public sector” (Applegate et. al 2003). Through these initiatives, the World Bank has become a significant partner with member countries, to eradicate poverty, by helping people to help themselves. That is, in line with Parker’s financial domain, World Bank by providing financial resources, sharing knowledge and through other steps, it tries to elevate the standard of living of the people. When it comes to low-income countries, the World Bank gives them interest-free loans and importantly gives them around 35-40 years to repay the loans, with a 10 year grace period as well. Under the aegis of the World Bank, there are many specialized agencies focusing on specific aspects of developmental assistance like IBRD, IDA, etc. The term, “World Bank Group” encompasses five institutions. The term “World Bank” refers specifically to two: IBRD and IDA. Apart from developmental assistance, World Bank’s ‘radar’ covered many social problems like the AIthe DS problem. So, as its operations are very extensive, it has to collaborate with all its branches and interests to achieve success. So, here the Parker et. al domain of finances and business tries to merge and that merger can be facilitated by the technological domain. ...Download file to see next pagesRead More
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