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Globalisation Assignment Solved

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Added on  2020-10-05

Globalisation Assignment Solved

   Added on 2020-10-05

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Skeleton for Unit 6 MSBP – Created by RIIntroductionGlobalisation is a process, which is used by many organisations to grow the economy,culture and trade by serving the products and services across the boundaries of country. This is afree flow of products and services by those who are good at production of that. This helporganisations to increase its profitability and popularity throughout the world. Globalisation impactseveral operations of an organisation, that help them to achieve their goals and meet the success.This report is based on Jaguar, it is one of the biggest auto mobile company of world. It is famousfor its luxury products and services, as they use to produce only luxury products ( Ahmed DineRabeh, 2013). It is British brand of vehicles, and having headquarter at Whitley, Coventry, England.Jaguar was founded by Swallow Sidecar Company in 1922, and by 1st January 2013 the merger ofJaguar Cars was take place with Land Rover and now known as Jaguar Land Rover. The mainreason of this report is to identify the positive economic, cultural and ethical impact of globalisationon the functioning of Jaguar Land Rover.The assignment focuses over determining the influence that globalisation have over thefunctions as well as operations performed by and organisation. In addition to this it also help indetermining economical, ethical and cultural impact that an organisation have to face whileoperating their business at international level. Positive impact of Globalisation in general to the businesses in the UK.1Economic Impact : Globalisation allow an organisation to provide their products andservices to different regions of world. This help an organisation to increase theirproductivity, profitability and allow them to grow their business out of UK. The increase inrevenue of company will help in improving the economical conditions of UK.2Cultural Impact : When an organisation uses to expand their business in differentregion, then they are required to hire employees of different background. This will helpthem to make a team of different culture, that lead to a creative environment. Thisenvironment helps an organisation to produce some innovative products.3Ethical Impact : For growing business to different nations, an organisation needs tomake changes in their code of conduct and in policies ( Crane, 2016). This will help them inperforming work more ethically.Background of the ResearchGlobalisation is a process where an organisation come in the contact of two or countries forextending their business, in order to increase their productivity and profitability. Jaguar is a Britainbased multi national auto mobile company. Globalisation is a process which has power to influence
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the operations of an organisation. Jaguar is a huge organisation of world, which use to design luxurycars and sell them in market. They provide their products and services through out the world.Marketing is a process where an organisation has to face the main impact of globalisation, as it isnot easy to manage the marketing process for an organisation, which took place in different nations.Therefore, the impact of marketing goes on HR practices, as to make a proper coordination inelements related to marketing, HR need to hire person with more capabilities. This will help JaguarLand Rover in effective marketing process ( Den Hertog, 2010). The purpose of this report is toidentify the positive impacts of globalisation on the functioning of an organisation. For this,researcher has designed relevant aims and objective, which will help in identifying the accurateimpact of globalisation over functioning of Jaguar Land Rover.Also globalisation use to pose huge impact on manufacturing of products and services whichJaguar Land Rover use to produce. As this help them in producing quality products and serviceswhich have ability to attract ample number of customers, and also help them in fulfilling the needsof them. Along with this, it help reducing the cost of production, as size of production house getincreased and also raw material get purchased at very huge level. This all help them in reducing thecost of raw material and production unit of them, so that profitability of them get increased.Along with this, globalisation pose huge impact on Human Resources of organisation. It isvery much important for Jaguar Land Rover provide proper training and development sessions totheir existing employees, so that they can improve their skills according to changing roles andresponsibilities with globalisation. Along with this, it is required for Human Resource managementto hire new employees and train them, so that they can perform according to task assigned to them.Research AimThe aim of this research is to “The aim is to analyse the positive economic, cultural, and ethical impacts of globalisationon different business functions within an organisation” A case study on Jaguar Land Rover.Research ObjectiveTo identify the concept of Globalisation.To determine the impact of Globalisation on business functions of Jaguar Land Rover.To analyse the drawbacks of globalisation for Jaguar Land Rover.Research PlanProject Title“What are the positive economic, cultural, and ethicalimpacts of globalisation on different businessfunctions within an organisation” A case study onJaguar Land Rover.
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Project PlanCompany Name:Jaguar Land RoverCostFinancial requirements are the basic requirement of aproject. In order to accomplish a research successfully,funds are required by researcher ( Eckerson, 2010). Inthis research project it is estimated by researcher thatfor conducting an appropriate research over positiveimpacts of globalisation for Jaguar Land Rover, theyneed around 500 euros. Where as, it is also estimatedthat to grow the business in different nations the fundsthat is required by Jaguar Land Rover will be about900 million euros.ScopeThis is one of the biggest factors that is needed to beidentify and acknowledged in research. This explainthe future scope of research project, according towhich organisation can design their future goals. It hasbeen analysed by this research that the organisationwill easily able to work in different marketingconditions of international market. This also help theorganisation in achieving their future goals andobjectives. After conducting this research, thecompany can easily identify emerging businessopportunities at market place which will contribute inmaximising their profitability ratio.TimeIt is the most important factor of a research, whichplays a vital role in success of research project. It isvery essential for a researcher to make effective plansfor each of the activity, that will get covered inresearch. After making plans it is needed for researcherto fix suitable time limits for each activity. This willhelp a researcher to fix a target of time for completingthe research ( Gebauer, 2010). Here, the researcherwho is conducting a research for Jaguar Land Roverhas specified that, they require about 2 months for
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completing the report for satisfactory results. Alongwith that, this report will brief about the time requiredby Jaguar Land Rover for expanding their business.According to research conducted, they need about 3 to4 years for expanding their business successfully.QualityThis is a major factor, that is concerned to the qualityof research product. In this, researcher have to use bestquality technologies and activities, which will helpthem in winding the research effectively. Along withresearcher, Jaguar Land Rover also need to use qualityproducts and latest technologies while expanding theirbusiness at global level.CommunicationIt is very much necessary for an organisation to conveya proper set of information, so that their employeesand subordinates get complete detail about the taskthey have to perform. In this research of Jaguar LandRover, it is required by researcher to communicateeach and every required information with thoseemployees and team mates that are going to be a partof research.RiskEvery business has to face many risks and barriers,which can stop them by getting successful. Thisresearch project will help Jaguar Land Rover toidentify the risks that may appear while expandingtheir business at global level ( Hillson, 2017). In thisthey can face problem due to different customersatisfaction level or can face risk of failure due todifferent needs of customers. The informationcollected by researcher is exactly authentic or not, isone of the biggest risks for a researcher, along withmanagement of time. If researcher is not able tomanage time, then it is not possible for them tocomplete the research in appropriate manner.
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ResourcesFor conducting a research, researcher have to useappropriate and resourceful methods for collecting theinformation. For completing the research on positiveimpacts of globalisation on Jaguar Land Rover,researcher have to use resources like, human resources,raw material, accurate equipment’s, appropriateamount of funds and techniques.Gantt chart – It is a set of horizontal lines, which describes the production units and amount ofwork performed in a specific time period in relation with the operation that have been planned forthat time period (Kankaanranta, 2010). A Gantt chart is generally used for project management andprovide graphical representation of schedule that will help the project manager to plan, track andcoordinating project in order to attaining the aims behind it.
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Work breakdown structure – It is a chart which is use to represent the critical workcomponents that are presented to determine the relationship between each of them, thesecomponents are the tasks that are performed in the project ( Lai, 2010). Work breakdown structurehelps a project manager to manage the project efficiently in more manageable manner.
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