Page 48 - Chambal SR_2015-16
P. 48

Material Aspects – Reporting



























































                      Economic Aspects                               Economic Performance



            The performance of an organisation is usually     the OutLOOK
            assessed  in  terms  of  the  fulfilment  of  economic   The global economy was weaker in 2015, amid
            objectives. The economic objectives may vary      weak aggregate demand, falling commodity prices
            depending on the organisation and its operations,   and increasing financial market volatility in the
            market  presence,  market  strength, economic     major economies of the world. The world gross
            impact, etc. An organisation takes regular stock of   product is projected to grow by a mere 3.1 and
            its general economic performance to make sure     3.3 per cent in 2015 and 2016  as per the World
            that it remains on the right track financially.   Economic Situation and Prospects Report 2015
                                                              (United Nations, 2015a). The growth rates of gross
            At Chambal, we make an assessment of our success   fixed capital formation and aggregate demand
            in terms of assets, liabilities, market strength and   continue  to  remain  subdued.  The world economy
            other economic parameters.                        is projected to grow by 2.9 per cent in 2016 and



                                                           48
   43   44   45   46   47   48   49   50   51   52   53