Impact of Multinational companies on business environment

Running head: IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
Impact of Multinational companies on business environment
Chan Yan Long
Student No: 189148278
Author Note

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IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
Executive summary
The multinational organizations in Hong Kong are able to bring different benefits to China. In
the following study the ways in which these businesses can put impact on Hong Kong’s business
environment is researched. For this various project aims are established and the timeframes and
objectives on the basis of the topic are demonstrated. Next, small-scale research is conducted and
data is collected for developing the knowledge for supporting this project. Moreover, suitable
recommendations are put on the basis of meaningful conclusions that are been drawn from the
findings and assessments. Lastly, the value achieved due to the process of conducting the project
is reflected. This also involves its utility for supporting the necessary sustainable performance of
the organization is established here.

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IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
Table of Contents
Introduction......................................................................................................................................3
Section A: Project management plan:..............................................................................................3
1. Aims and objectives of the project:.........................................................................................3
2. Project management plan:........................................................................................................4
Section B: Project findings, research and analysis:.......................................................................12
3. Findings and analysis.............................................................................................................12
a. Secondary Data Analysis.......................................................................................................12
b. Primary Data Analysis...........................................................................................................12
4. Conclusion:............................................................................................................................18
5. Recommendations:................................................................................................................19
Section C: Performance review.....................................................................................................21
6. Analysing the project success along with the utility behind supporting organizational
performance...............................................................................................................................21
a. Evaluation of the Project and its Usefulness......................................................................21
b. Discussion on own performance:.......................................................................................22

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IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
Introduction
The following study deals with the way multinational companies can impact the environment of
business of various host destinations. These destinations can include any city, region and
country. Multinational corporations can bring various benefits to the developed nations. Besides,
these institutions can bring relaxed codes of different types of ethical conducts. This can serve as
the exploitations of the neediness of various developing countries (Chiocchio, Kelloway and
Hobbs 2015). Here, it is seen that the entry of different current-day multinational corporations is
found to be towards the backward market. This can give rise to the infusion of major kind of
capital of investments, developed technologies along with exerting knowledge. This can bring
advantages to the developing nations as technology and knowledge can be provided to the local
public. Nevertheless, the adverse effects of the multinational nations in the host nations might be
the fact that local firms can be forced out of business. The reason is that they can never be
finished. The following report deals with the research on how various multinational firms can
affect the environment of business of any country or host destination. For this, the following
study demonstrates the project management plan for various organizations in Hong Kong. Next,
the project findings along with research and assessment, are intended to be developed here.
Section A: Project management plan:
1. Aims and objectives of the project:
The main objective behind this current study has been to evaluate the ways through which the
companies are able to affect the environment of the organizations of the host destination. Apart
from this, it is also aimed to study the adverse impacts on the economy of different
multinationals corporations in various nations. The following study intends the following:

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IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
 To evaluate effect of MNC on Hong Kong’s business scenario
 Impact of Apple affecting the technical business environment in Hong Kong
The objectives of the study are the following:
 How the various multinational companies are putting impacting on the business scenario
of Hong Kong?
 How is the business of Apple putting its influence on the nation’s technical business
environment?
2. Project management plan:
Here, secondary research is to be conducted though studying various literatures. The literatures
must include journals. From this, relevant theories and concepts explaining the resent research tic
phenomenon are to be analyzed. The sources are to be reviewed for critically assessing along
with supporting the arguments that are brought in. This must involve statistics, data and report of
trade and government on various multinational companies in Hong Kong. Further, primary data
collected is to be interpreted. The primary research would be conducted with creating a survey
questionnaires and tested on various managers at Apple from Hong Kong. The present project
must retrieve the data and this must be further compared and interpreted related to the findings of
the secondary research. For the primary research for the original first-hand data, both
quantitative and qualitative research methods are to be performed.

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IMPACT OF MULTINATIONAL COMPANIES BUSINESS ENVIRONMENT
Work Breakdown structure of the current project:
Impact of MNCs in Hong
Kong
Common studying
around the present
topic
Formulating research
objectives and
questions
Drafting proposal
Choosing
methodological
approach
Devising method to
be utilized
Literature review
drafting
Data collection
process
Process of data
analysis
Drafting outcomes
and chapter analysis
Developing
conclusions and
recommendations
Submitting to
supervisor and wait
for feedback
Editing activities
and formatting for
the submission
Final proofing with
printing
Handing in
Creating survey
questionnaires
Inviting the
respondents
Taking the exam
Compiling the
responses and
evaluating the
outcomes
Comparing the results
from the literature
review and survey
questionnaire
Ultimate derivation
of conclusion
Figure 1: “WBS for the current project”
(Source: Created by Author)