The World Bank asserts that this project will also improve the quality of life for the people of Uruguay by producing skilled jobs ("Uruguay: World Bank Approves...").
The article reports that another purpose of the project is to support the government as it relates to strengthening the capacity of the country to produce, transfer, and adapt knowledge and new technology ("Uruguay: World Bank Approves..."). As it relates to this aim the project is designed to encourage the strengthening of the institutional framework for technology, science, and innovation. In addition the project is designed to support investments in education; technology transfer and innovation within the private sector; and research alliances and transportation/flexibility for researchers between educational institutions and the productive sector ("Uruguay: World Bank Approves...").
In addition to the aforementioned activities, there are many other activities that the World Bank is currently involved in that are aimed at improving living standards and reducing poverty. These activities are geared toward assisting the nations of the world as it relates to Agriculture, education, environment, and reducing poverty. For instance, in Albania the World Bank offers Micro-Credit to individuals in rural areas that have a desire to start a business ("Albania: Micro-credits..."). Micro-Credits are small loans that are given to villagers who are believed to be trustworthy ("Albania: Micro-credits..."). These loans are...
Organization Theory Design Daft, (2010) defines organization as a diverse corporate affair, a bank or a government agency that make up of people setting policies and procedures and interact with one another to perform essential functions in order to attain organization goals. Daft, (2010) further ague that organizations cannot exist without external stakeholders like customers, suppliers and competitors. Thus, organizations are very important because they create values for customers, owners and
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