Globalisation is the process by which businesses or other organizations develop international influence or start operating on an international scale.

a) Discuss the impact of globalisation on an organisation and how the impact can be properly managed.

b) Examine the role International monetary fund (IMF) plays in the World financial System and 3 regulatory bodies were set up in the United Kingdom as a fallout of the financial crisis in 2008.

Briefly explain the role of

i) Financial Policy Committee

ii) Prudential Regulatory Authority

iii) Financial Conduct Authority