Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 P1 Devise project aims and objectives for a chosen scenario.....................................................3 P2 Produce a project management plan.....................................................................................5 P3 Produce a work breakdown structure and a Gantt chart........................................................6 P4 Carry out small-scale research by applying qualitative and quantitative research methods..8 TASK 3..........................................................................................................................................11 P5 Analyse research and data using appropriate tools and techniques.....................................11 P6 Communicate appropriate recommendations as a result of research and data analysis to draw valid and meaningful conclusions....................................................................................14 TASK 4..........................................................................................................................................15 P7 Reflect on the value of undertaking the research to meet stated objectives........................15 CONCLUSION.............................................................................................................................15 REFERENCES..............................................................................................................................16
INTRODUCTION Globalisation is the process by which the organisation operates while establishing business at a global level. A company can develop international influence when operating business successfully in foreign countries. The given assignment explains the positive and negative impacts of globalisation on organisation (Cooke, 2012) . The company which is chosen in this is jaguar which is a multinational auto-mobile company of Britain established in 1935. This is headquartered in Whitley, England and it offers it's products and services worldwide. In the conduction of this report, the researcher has formulated appropriate aims and objectives on the basis of present scenario of Jaguar. In this report various types and approaches of data analysis are discussed. In the end of report, few interpretations and recommendations for the company to enhance business in new marketplace are given (Dunning, 2014) . TASK 1 P1 Devise project aims and objectivesforachosenscenario Globalisation is an essential factor for any company's expansion in foreign market. The organisations can establish competitive advantage in different countries. This is a process of running business globally. It helps not only in expanding business and analyse new markets but it also helps to know about culture and behaviour of different countries. Globalisation is defined as the process of mutual growth of economies by increasing variety and ways of transactions in products and services (Gopalakrishnan and et. al., 2012) . It is the enhancement of involvement of individuals in various social groups. Globalisation helps in increasing the abilities of people to interact and communicate with foreign markets and develop brand image worldwide. It is the process of growth in interdependence of various nationsthatincreasesbusinessininternationalmarkets.Globalisationiseffectivein integration of trading, finance and ideas into business context. It includes exchange of technology, products and information in international borders and cultures. This increases the standards of company at global level. It is a trend of developing a single culture for
growth of business (Hamilton and Webster, 2018) . In context of Jaguar which is a British multinational car company is benefited by implementing the approaches of globalisation in it's organisation. It helped the company in reduction of overall cost generated by different operations. Background of the research Globalisation is the process of exchanging of goods and services at national and international level. It helps in enhancing business image and reputation at foreign countries anddevelopopportunitiesforbusinessgrowth(Held,2013).Globalisationrequires agreements and investments of both the countries which share trading. In this report, Jaguar is considered which is a multinational car manufacturer that serves in different countries. This organisation is benefited by adopting the concepts of globalisation in it's functions and operations. The impact of globalisation is on various departments of organisation including finance, human resource, operational and sales department. The finance department can facilitated by new technology and softwarefor managing accounts (How to define globalisation,2019) . It also helps in reduction of overall cost and company easily adopts newcultureandbehaviourofmarketsaroundtheworld.Thepositiveimpactof globalisation in expanding business in UK are discussed below- 1.Economic impact-The impact of globalisation is that there is an appropriate procedure for supply chain and preparation of free trade agreements while delivering of products and services. 2.Cultural impact-Globalisation helps an organisation like Jaguar to recruit people of different areas and countries in order to expand in new markets. This gives an opportunity for enhancing the production and efficiency of the company. 3.Ethical impact-Jaguar establishes business in different countries and it works ethically in order to create positive image of the brand. This helps in increasing the competitive advantage in global markets. Aim :“To measure the positive economic, cultural and ethical impact of globalisation on total operational activities of the firm. A case study onJaguar” Objectives : To determine the concept of globalisation for the expansion of business in global market.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
To ascertain the positive impact of globalisation in terms of economic, cultural and ethical for Jaguar. To evaluate the issues faced by Jaguar while expanding the business in international market. Questions : What do you mean by globalisation? How toascertain the positive impact of globalisation in terms of economic, cultural and ethical for Jaguar? Describethe issues faced by Jaguar while expanding the business in international market? P2 Produce a project management plan A project plan is a formal paper that includes estimations of project components like cost, scope, risk, resources, etc. The project manager utilise this plan in managing activities of project and maximising the outputs from it (Lasserre, 2017) . These tools in regards to Jaguar company are discussed below- Project management Plan Project Title“To evaluate the positive, economic, cultural and ethical impact of globalisation on entire operational activities of organisation.” Company Name:Research onJaguar CostThe cost is defined as the amount which is required to collect products, resources and services that are needed toconducttheprojectorresearch.Forthegiven research, the cost required by company is around 25K Euros (Lawton, McGuire and Rajwani, 2013) . In contextwithpresentresearch,foraccomplishingit, investigatingteamrequiresnearabout20KEuros. Jaguar needs an approximate amount of £180 million Euros to establish business in new market.
ScopeThe project scope is defined as evaluation of specific goals,objectives,functionsandtasksinvolvedin completion of project. The main objective of Jaguar is to expand it's business at global level and maximise profits of the company. TimeEvery project is given a specific time frame in which it is implemented. In the given case, the evaluation of the concept of globalisation of Jaguar at global level is considered (Lovelock and Patterson, 2015) . It will takearoundanyeartorunasuccessfulbusiness globally. QualityIt is required by the researcher to conduct research in an effective manner and consider quality of conducting project in time. Aproject manager can reduce the risk of failure if every activity and task involved in project is checked and monitored in regular intervals.This would help Jaguar in improving and enhancing the quality of products or services and increasing demand of products in global era. CommunicationIt is necessary for project manager to evaluate a proper communication system for controlling the operation of different project activities (Thomson and Thomson, 2012) . This helps in understanding of all operations to people and thus goals will be achieved in less time. RiskRisk factor is present in accomplishing of every project. In this case, the risk in this project is there are different challenges which are faced by Jaguar while entering into foreignmarkets.Someofthemarefinancialrisks, political risks and failure of business expansion. ResourcesIn this report, various ethical, social and economical aspects of globalisation are considered in operations of
Jaguar.Fordoingso,itneedsvariousresources includingproperamountoffinance,labourcapital, communication system and some other tangible and intangible resources (Urry, 2012) . P3 Produce a work breakdown structure and a Gantt chart Work breakdown Structure :The work breakdown structure is the technique used to divide the task into smaller parts to perform the task in effective manner. This can be easy to understand and simplified (Webster, 2014) . By the help of this structure, the investigator can able to maintain and manage the project quality in an appropriate manner and as per the expectations of the client. Gantt Chart: To frame all the activities which are divided by the work breakdown structure in proper duration is called Gantt Chart. This is a type of bar chart which was founded by Henry L. Gantt in the year 1917. By this chart, the graphical representation is done by the project makers who track, monitor, makes changes in the policies to attain the potential outcomes related to the research project (Zadek, Evans and Pruzan, 2013) . This chart is not restricted for any particular field, this can be used in any type of project.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Therefore, the present research project consists of the identification of the problem and selection of the appropriate title, development of aims and objectives, methodologies part, data collection, sop time-allocation can be done in following manner- P4 Carry out small-scale research by applying qualitative and quantitative research methods. Research methodologies- This is the methods which consists of various techniques by which the investigator can collect the reliable and accurate data and information in order
to attain the goals and help the company to take the better decision which can be profitable for the organisation to achieve the long term and short-term goals and can also assist the organization to enhance the growth of the firm business (Stromquist and Monkman, 2014) . There are two types of methodologies which the researcher should use while conducting the research in an effective manner. These are as follows - 1.Qualitative Method– In this the data is collected in theoretical manner by the investigator.Thisdefinesthedataandinformationwhichprovidethedeep knowledge on the specific topic and about the organisation. In this the data is collected for conducting the secondary research and this data is collected with the use of roots like web blogs, articles, journals, online websites, etc. In this methodologies the investigator is not going to do research on the specific topic as the information is already collected by an individual on the similar subject. 2.Quantitative Method- In this the data is collected in mathematical format by the investigator. The data is collected in the form of numbers. The investigator collected the data and structure it in the form of statistical format. For the general conclusion, the investigator form the graph for the organisation. In this the data is collected by using public sources like questionnaire, surveys and focused groups. This is used to deliver the authentic information and data to the client in numerical form. Therefore, the investigator has selected the qualitative method for conducting this research has this method saves a lot of time of the investigator and also this is very cost efficient. Also this method ascertain the findings on the basis of human perception so this can be easily accomplish the aims and objectives of the research project. Data Collection: This is the process by which the researcher can collect and gather the data by using the techniques which are named as primary and secondary. These techniques are used to collect the original and reliable information to attain the aims and objectives of the project. 1.Primary Research– This research are used to collect the data for the first time , in this the investigator is the one who find and assemble the fresh and accurate information by the help of different sources like surveys and questionnaire, etc. This research is used for the better examination of the data in achieving the certain goals of the company.
2.Secondary Research– This research provides the internet access from which the investigator can gather and collect the data easily. On the internet access the information is not fresh and this is assemble and posted by someone on the websites, and in that context the researcher are using the sources like newspapers, books and websites to collect the reliable information. Here, the investigator has chosen the secondary research to end this research as this is very time saving and cost effective method to collect the accurate and appropriate data in very less time and in effective way. Questionnaire– This is a type of technique which the researcher will use to examine and ascertaining the conceptualization and opinion of various peoples to make the effective decisions for the betterment of the company. This include the set of questions which are to be answered by the number of respondents which are selected by the investigator for the respective organisation. This questionnaire part of the research can be beneficial for the company to attain their goals easily. For the present research, the investigator has taken 20 respondents. QUESTIONNAIRE 1.) Do you know the concept of globalisation?Frequency Yes18 No2 2.)WhatarethestrategiesusedbyJaguartoexecutetheconceptof globalisation? Frequency Goal-setting and objectives14 Team building3 Budgeting3 3.) What are the major issues Jaguar is facing in moving their business in international market ? Frequency Maintaining security and confidentiality15
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Maintaining brand reputation5 4.) What are the pros Jaguar can gain by expanding their business in global market? Frequency Increase customer base and their retention17 Promote business in immense area3 5.) Provide the suggestions/recommendations to Jaguar to enhance the customer base by operating their business at global scale? TASK 3 P5 Analyse research and data using appropriate tools and techniques Theme 1: Concept of globalisation Q 1) Do you know the concept of globalisation?Frequency Yes15 No5 YesNo 0 2 4 6 8 10 12 14 16 15 5 Column B
Interpretation:Fromtheabovestatedgraph,ithasbeeninterpretedthat globalisation is very essential for those companies or organisation who want to expand their business in global market for maximising more profits and to gain the attention of more customers, as per the opinion of 15respondents, they satisfied with the statement and are fully aware about the concept of globalisation and as per the viewpoint of 5 respondents, the globalisation is not as much important to understand this concept. Theme 2: Strategies used by Jaguar. Q2) What are the strategies used by Jaguar to execute the concept of globalisation? Frequency Goal-setting and objectives14 Team building3 Budgeting3 Goal-setting and objectivesTeam buildingBudgeting 0 2 4 6 8 10 12 14 14 33 Column B
Interpretation :From the above mentioned graph, it has been taken that to move the business in new market it is essential to follow an effective plan of action so that the Jaguar can easily able to expand their business, according to 14 respondents the strategy of setting goals and objectives should be used by Jaguar to enhance the business, and on the other hand as per the perception of 3 respondents building a team is an effective strategy which must be followed by the Jaguar to move their business and rest of the responsor think that budgeting is the best strategy to follow by Jaguar. Theme 3: Challenges face by Jaguar. Q3) What are the major issues Jaguar is facing in moving their business in international market ? Frequency Maintaining security and confidentiality15 Maintaining brand reputation5 Maintaining security and confidentiality Maintaining brand reputation 0 2 4 6 8 10 12 14 1615 5 Column B
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Interpretation :From the above stated graph, it has been interpreted that while expanding the business Jaguar is facing many issues, and as per 15 respondents, the major issue face by Jaguar is maintaining the security and confidentiality, apart from this 5 respondents think that maintaining the brand reputation is the major challenge face by Jaguar. Theme 4: Different benefits gain by Jaguar. Q4) What are the pros Jaguar can gain by expanding their business in global market? Frequency Increase customer base and their retention17 Promote business in immense area3 Interpretation :From the above stated graph, it has been examine that there are many benefits which the Jaguar company can gain by moving their business in global market. According to 17 respondents increasing the customer base and their retention is the Increase customer base and their retention Promote business in immense area 0 2 4 6 8 10 12 14 16 18 17 3 Column B
major advantage gain by Jaguar and as per the rest responsor the major benefit is promoting the business in an vast and immense area. P6 Communicate appropriate recommendationsasaresult ofresearchanddataanalysis to drawvalidandmeaningful conclusions From the above conducted research, it has been investigated that globalising the business in global market can assist many companies in enhancing their profitability and productivity. Each organisation can move their business and expand it by using the concept of globalisation. Apart from all this, in context with the company Jaguar, as it look for expanding its business in global market where the people are always desire to buy something which is innovative without taking care of cost. Therefore, this is to suggest to the companythat their managers should ascertain the need and requirements of the customers before launching the business in new market, so that they can gain the satisfaction of customers by fulfilling their demands. Also this is to recommend that, to increase the positive economic, cultural ad ethics advantages the company have to modify the business as well according to the conditions of the global market. At last, the main recommendations for the Jaguar is to suggest that they should implement the modern technologies in business for promoting their business in international market. TASK 4 P7 Reflect on the value of undertaking the research to meet stated objectives While conducting this research, I have learned many things and experienced a lot and apart from this I have faced many issues as by questioning to the respondents who were very skilled and in front of them my communication skills was not proper understandable by them that was the main reason I was failed to collect the reliable information on the specific topic of the research. In addition with this, the cost which was estimated by my to complete this research was not satisfactory as the requirement of resources was greater and it was too difficult to complete the research in effective given time frame. Along with this, I gained the opportunity of learning the new different ways of expanding the business in global market. I have gone through the experience on the globalisation which can be beneficial for me in conducting any research in upcoming future.
CONCLUSION From the above research project, it has been concluded that globalisation provide the various opportunities for the different organisation to expand their business in global market and earn huge profits. Therefore, to make the business globalised it is necessary foe the firm tom understand the concept of globalisation properly. This will help the companies to establish the operational activities of the organisation as per the requirements and wants of the international and global market. Along with this, the firm should develop the effective plan of action for decreasing the negative impact of global business environment on business. Therefore all the companies such as Jaguar can earn more cultural and economical benefits of globalisation.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and Journal Cooke, F. L., 2012. The globalization of Chinese telecom corporations: Strategy, challenges and HR implications for the MNCs and host countries.The International Journal of Human Resource Management.23(9). pp.1832-1852. Dunning, J. H., 2014.The Globalization of Business (Routledge Revivals): The Challenge of the 1990s. Routledge. Gopalakrishnan and et. al., 2012. Sustainable supply chain management: A case study of British Aerospace (BAe) Systems.International Journal of Production Economics.140(1). pp.193-203. Hamilton, L. and Webster, P., 2018.The international business environment. Oxford University Press. Held,D.,2013.Globalcovenant:ThesocialdemocraticalternativetotheWashington consensus. John Wiley & Sons. Howtodefineglobalisation?.2019.[Online].Available Through:: <https://www.researchgate.net/post/How_do_you_define_Globalization>. Lasserre, P., 2017.Global strategic management. Macmillan International Higher Education. Lawton, T., McGuire, S. and Rajwani, T., 2013. Corporate political activity: A literature review and research agenda.International Journal of Management Reviews.15(1). pp.86-105. Lovelock, C. and Patterson, P., 2015.Services marketing. Pearson Australia. Thomson, R. and Thomson, A., 2012.Managing people. Routledge. Urry, J., 2012.Sociology beyond societies: Mobilities for the twenty-first century. Routledge. Webster, F., 2014.Theories of the information society. Routledge. Zadek, S., Evans, R. and Pruzan, P., 2013.Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge. Online Stromquist, N. P. and Monkman, K., 2014. Defining globalization and assessing its implications for knowledge and education, revisited.Globalization and education: Integration and contestation across cultures.1. pp.1-21.
Appendix 1:Project Logbook Template Week 2Week4Week 6Week 8Week 10 Updateonweekly research/tasks 1.Whathaveyou completed? IntroductionResearch aimResearch objectivesQuestionnaireRecommendations 2.Didyoufulfiltask requirements? YesYesYesYesYes 3.Areyouontrackand within deadlines set? YesYesYesYesYes Anyrisksand/orissues identified? 1.Did you identify risks/issues with a lack of skills required forundertaking research/tasks? NoCommunication skills Given TimeNoNo Problems encountered? 1.What barriers did you face?YesDifficultInsufficient knowledge Communication skillswasnot proper Findingswerenot appropriate 2.Howdidyouovercome them? By working more on that By working more on that Bystudying different articles By working more on that By making it proper. WhathaveIlearntabout