Impact of Globalization on Aldi

This assignment examines the positive economic and cultural impacts of globalization on the operations and accounting activities of the retail chain ALDI. It requires a case study approach, delving into how globalization has influenced ALDI's business strategies and financial performance.

Globalisation

Table of Contents
Title:.................................................................................................................................................1
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Project aims and objectives....................................................................................................1
P2 Project management plan that covers aspects of cost, scope, time, quality, communication,
risk and resources........................................................................................................................2
P3 Work breakdown structure and a Gantt chart to provide time frames and stages.................4
TASK 2............................................................................................................................................5
P4 Small-scale research by applying qualitative and quantitative research methods.................5
TASK 3............................................................................................................................................7
P5 Research and data using appropriate tools and techniques....................................................7
P6 Appropriate recommendations as a result of research and data analysis.............................10
TASK 4..........................................................................................................................................11
P7 Value of undertaking the research to meet stated objectives...............................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
APPENDIX....................................................................................................................................13
.......................................................................................................................................................14

Title:
To identify the positive impacts of globalisation on different business functions within
an organisation. A case study of ALDI.
INTRODUCTION
Globalisation is the process through which business or other enterprises deals in other
nation at international level. There is difference in working style of association at local and
international level. In globalisation, there is coordination and collaboration with national and
international political parties. There is difference in demand, so it is essential to perform
operations according to international trade policies. There is difference in social, culture and
religious factor as per difference in geographical culture. Hence to make good brand image at
international level, manager has analyse it and then market product and services (Adam, 2012).
This report is based on ALDI which is discount super market chain. This organisation has around
10000 stores in approximately 20 countries. It has headquarter in Germany. This report covers
project aims, objectives, project management plan, work breakdown structure and Gantt Chart,
quantitative and qualitative research methods, data interpretation and last conclusion and
recommendations.
TASK 1
P1 Project aims and objectives
Globalisation is the act which assist in performing operations at international level. There
are some changes which has to be accepted by managers of ALDI to make long term
sustainability at international level. There are many changes which has to be done by managers
of organisation in order to expand business at international level. Managers has to motivate
employees to give best through which brand image of association can be maintained.
Globalisation of business can be done in appropriate manner through use of different strategies.
Globalisation is beneficial for organisation's growth and development through increment in
customer base and revenues (Adzic, 2011).
In globalisation, there is use of more resources which are collected with different sources
as per demand. Business can expand at international level with involvement of parties such as
legal practitioner, political parties of home and host nation. Globalisation of business involves
cross boundary trade, migration among different countries, enhancing knowledge about
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international brand, maintaining foreign currency reserve, etc. are result of globalisation of
business. This is not beneficial for ALDI but also beneficial for national growth and
development.
Background of Project
In this project, there is discussion about concept of globalisation, which is relevant for
expanding business at international level. As there are many employees working in ALDI, so
expansion of business can be done in effective way when they have knowledge related to it. With
globalisation, there is promotion of cultural values, international cooperation and assist nation to
achieve economic interdependency (Ariely, 2012). In context of association, employees are
satisfied that they are working at global level, so labour turnover and absenteeism is less. This is
beneficial for growth and development of ALDI. There are many departments such as finance,
accounts, HR, operations, etc. in ALDI hence it is essential and relevant to make changes in
working style to get good and long term sustainability in industry.
Aim
To analyse positive economic and cultural impact of globalisation on operations and
accounting commercial activities within organisation. A case study of ALDI.
Objectives
 To understand concept of globalisation.
 To access effect of globalisation for operations and accounting activities of ALDI.
 To determine economic and cultural impact of globalisation on ALDI.
Questions
 Do you understand the concept of globalisation?
 How globalisation affects operations and accounting activities of ALDI.
 What is the economic and cultural impact of globalisation on ALDI.
P2 Project management plan that covers aspects of cost, scope, time, quality, communication,
risk and resources
Project Management plan
Project manage plan is an legal document which covers different information related to
project (Hoffmann and Kumar, 2013). As there are many activities which assist in completion of
project, so with it documentation of resources is done. There is requirement of time, cost, scope
behind globalisation etc. can be understood. This helps to know relevance of globalisation for
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growth or development. This document is relevant to provide information related to performing
activities of project. In this plan different components are covered, they are as under-
Scope- Scope of globalisation is wide because it assist in expansion of business at
international level. Hence there is impact on sales as well as profits. There is requirement of
proper planning, leadership, direction to employees. This helps workforce to perform activities in
relevant manner. Scope of this project to achieve aims and objectives within specified time and
cost (Byram and Parmenter, 2012).
Resources- While performing this research, there is requirement of proper planning
regarding resources. Resources involves for globalisation of business is legal practitioner,
employees, etc. In conducting this research, there is requirement of employees, IT system,
internet connection, technician, etc. Hence with these it is easy to perform operations according
to set targets.
Cost- Cost is one of the crucial factor which is required for enhancing business at
international level. In order to expand business at globalise level, there are some cost which is
incurred. This involves: installation cost, rental expense, licensing fees, etc. So all the cost has to
be planned by manager and then business operations has to be done within specific budget
(Intriligator, 2017). Cost for globalisation of business at international level are as under-
Particulars Amounts (£)
Rent cost 350
Training and development cost 50
Licensing fees 30
Publicity and marketing cost 50
Purchasing and installation cost 10
Total 490
Time- Time is also important factor which is considered in project management plan.
There is some specific time which is required to conduct this research. There are many activities
such as data collection, interpretation, framing aims and objectives, etc. which are required to be
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performed by researcher to conduct this research. Hence this project will completed within
approx 9 weeks.
Quality- ALDI can expand business at international level with maintaining quality f
product and services. At international level, there are many organisations which compete with
each other, to make long term existence in international market, it is relevant and crucial to give
best quality product and services (Coker, 2014). ALDI has many product and services such as
clothes, eatables, hence hen customer are satisfied with quality, then they are ready to purchase.
This maintenance long term relations with them. In performing this research, quality of
collecting data and other related activities must be up to mark. This assist in achieving aims and
objectives of project.
Communication- While operating at international level, there is requirement of proper
communication channel which are relevant and crucial for performing operations in synchronise
manner. As there is different in demand of customers at UK and in Asian countries, so managers
of ALDI has to plan appropriate measure to communicate with each other. In this research,
researcher uses business phones, conferences, e- mail to share data with one another. This helps
to communicate with each other and transfer data.
Risks- There is risk of change in consumer preferences, economic instability, etc. which
is important and significant for performing operation (Mak, Lumbers and Eves, 2012). At
international level, there are many risk which affects business operations in negative manner
such as improper prediction, change in trend, etc. While performing this project, there is risk of
misplacing of data, hacking of sources, etc. Hence proper measures has to planned by researcher.
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P3 Work breakdown structure and a Gantt chart to provide time frames and stages
Work break down structure
Work Break down structure is a chart which includes different activities of research. This
is the techniques which show interrelationship among different activities of project such as
framing aims and objectives, data analysis, etc. through graphical representation (Davidson and
et. al., 2012). This is the concept which assist in performing activities according to scenario of
project and hence optimal use of resources is possible. This is the way through which different
research activities are divided in small chunks which ease team mates to perform activities. This
helps to get better productivity and aims and objectives are achieved within specified time. At
every stage of WBS, there is proper monitoring and leadership which helps to get positive
outcome from project.
Gantt Chart
Gantt chart is the horizontal bar chart launched in 1917 by Henry L. Gantt which is an
American engineer and social scientist. This is the visual presentation which creates a gap
between task with respect to allotted time. This helps to perform research activities in within
allotted time and hence whole project is completed within allotted time. This defines start time
and end time of research activities, hence in case of any discrepancy in performing activities,
then it is easy to analyse reason behind it (Fisher, 2011). Team mates are aware about completion
time of specified activity, so this givers perception to them in performing allotted activities.
Features of Gantt Chart is start and finish date of task, standards to be achieved, inter relationship
among tasks, assigning of task.
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TASK 2
P4 Small-scale research by applying qualitative and quantitative research methods
Research can be conducted with collecting data and providing interpretation in relation
to it. There are two main methods i.e. qualitative and quantitative through which data is collected
related to specific topic of project (Morris and Geraldi, 2011).
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Quantitative method- As per this method, there is interrelationship between one
dependent and other independent variable of population. This research can be either descriptive
or experimental. Quantitative research is based on numbers and logics. There is use of statistical
data with the help of mathematical methods.
Qualitative method- This is the method which mainly focus on quality of data collected.
Hence small data can be accessed with this method. This research focuses on “why” as compared
to “What”. Under this method subjective approach is used to now reason behind every aspect.
In this report, qualitative method is used to know in- depth knowledge related to
globalisation. Primary sources is used because this gives personalised information from
employees (Furlong, 2013). Questionnaire is the sources to collect information related to
expansion of business at globalise level. Targeted respondents are 40 which are placed at middle
and top level of ALDI. Random sampling method is used which helps to select few respondents
from crowd.
Questionnaire
Q1) Do you have knowledge about aspect of globalisation?
A) Yes
B) No
Q2) Is it beneficial for ALDI to expand business at international level?
A) Agree
B) Disagree
Q3) Which function gets most affected with globalisation of ALDI?
A) HR
B) Finance
C) Accounting
D) Operations
Q4) How globalisation affects operations and accounting activities of ALDI?
A) Negative
B) Positive
Q5) What is the economic and cultural impact of globalisation on ALDI?
A) Increment in sales and revenue
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B) Increase consumer base
C) Increment in consumer loyalty
D) Working according to legal rules and regulations
Q6) Is globalisation beneficial for national development as well?
A) Yes
B) No
Q7)What benefits can nation gain with globalisation of ALDI?
A) Employment
B) Tax revenue
C) Good relations with other country's political party
Q8) Do managers of ALDI has to take care of cultural background as per change in
geographical background?
A) Yes
B) No
Q9) Do managers of ALDI has to take care of quality prospects of product and services
offered?
A) Yes
B) No
Q10 Recommend different ways through which ALDI can maximise its growth and success
internationally?
TASK 3
P5 Research and data using appropriate tools and techniques
Tools and techniques to collect data for project is as under-
Research design- There are three types of research i.e. descriptive, experimental,
exploratory. In this research descriptive approach is used to design research. This method
appropriate because it enhance knowledge of researcher regarding specific topic and hence able
to conclude in specific manner (Gunn, 2017).
Data analysis- Data analysis of this report is conducted with the help of thematic
approach in questionnaire. There are themes in questions which provide briefing about questions.
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Theme 1: Knowledge about aspect of globalisation
Q1) Do you have knowledge about aspect of
globalisation?
Frequency
A) Yes 28
B) No 12
Interpretation- As per above graph, it is clear that out of 40 respondents 28 have
knowledge regarding globalisation. While 12 does not have. So it is easy to enhance their
knowledge with seminar, conferences.
Theme 2: Expansion of business at international level
Q2) Is it beneficial for ALDI to expand business at
international level?
Frequency
A) Agree 30
B) Disagree 10
10
A) Yes B) No
0
5
10
15
20
25
30
28
12 Frequency

Interpretation- As per above chart, expansion of ALDI at international level is
beneficial for growth and development according to 30 respondents. While 10 says, no it is not
beneficial.
Theme 3: Department gets most affected with globalisation
Q3) Which department gets most affected with
globalisation of ALDI?
Frequency
A) HR 7
B) Finance 8
C) Accounting 10
D) Operations 15
11
A) Agree B) Disagree
0
5
10
15
20
25
30
30
10
Frequency

Interpretation- There are different departments which works to attain good profits.
Hence as per 7 respondents says HR department gets affected, while 8 says finance department
gets affected, 10 respondents says accounting department gets affected, and remaining 15 says
operations department gets affected.
Theme 4: Affect of globalisation on operations and accounting activities
Q4) How globalisation affects operations and accounting
activities of ALDI?
Frequency
A) Negative 15
B) Positive 25
12
A) HR B) Finance C) Accounting D) Operations
0
2
4
6
8
10
12
14
16
7
8
10
15
Frequency

Interpretation- above pictures shows that globalisation has positive impact on operations
and accounting departments as per 25 respondents, while remaining 15 candidates says it has
negative impact.
Theme 5: Economic and cultural impact of globalisation
Q5) What is the economic and cultural impact of
globalisation on ALDI?
Frequency
A) Increment in sales and revenue 10
B) Increase consumer base 7
C) Increment in consumer loyalty 8
D) Working according to legal rules and regulations 15
13
A) Negative B) Positive
0
5
10
15
20
25
15
25
Frequency

Interpretation- Out of 4 respondents, 10 says that increment in sales and revenue
happens, 7 says increment in consumer base, 8 favours for consumer loyalty and remaining 15
respondents favours for legal rules and regulations.
Theme 6: National development through globalisation
Q6) Is globalisation beneficial for national development as
well?
Frequency
A) Yes 30
B) No 10
14
0
4
8
12
16 10
7 8
15
Frequency

Interpretation- With globalisation of ALDI, there is benefits to home as well as host
country. As per above picture, 30 employees says that it benefits for national development.
While 10 irrespective it.
Theme 7: Benefits can nation gain with globalisation
Q7)What benefits can nation gain with globalisation of
ALDI?
Frequency
A) Employment 15
B) Tax revenue 10
C) Good relations with other country's political party 15
15
A) Yes B) No
0
5
10
15
20
25
30
30
10
Frequency

Interpretation- As per graph, 15 respondents says that employment gets generated, 10
says tax benefit formation and remaining 15 favours to maintaining good relations among
political parties of home and host country.
Theme 8: Taking care of cultural background
Q8) Do managers of ALDI has to take care of cultural
background as per change in geographical background?
Frequency
A) Yes 28
B) No 12
16
A) Employment
B) Tax revenue
C) Good relations with other country's political party
0
2
4
6
8
10
12
14
16 15
10
15
Frequency

Interpretation- According to 28 respondents, managers of ALDI has to take care about
cultural background, sentiments of customers as per difference in geographical background.
While 12 does not favours it.
Theme 9: Quality prospect of product and services
Q9) Do managers of ALDI has to take care of quality
prospects of product and services offered?
Frequency
A) Yes 25
B) No 15
17
A) Yes B) No
0
5
10
15
20
25
30 28
12 Frequency

Interpretation- Managers of ALDI has to take care about quality of product and services
as per 28 respondents, while 12 says no there is no quality issue.
P6 Appropriate recommendations as a result of research and data analysis
ALDI is a big organisation which provides their products and services in all over the
world. Globalisation is a concept which includes about the business activities provided by any
organisation beyond their domestic boundaries. The economic and cultural conditions in various
nation is always different from their home country. From this an organisation like ALDI
ascertained positive and negative impact on their business operations. This will provides an
opportunity to capitalise the opportunities available in outsiders environment and expand their
operational and accounting frameworks. After carrying out the research and ascertaining the
views of respondents, it has been recommended to ALDI that the globalisation has positive
impact on the operational capacity of an organisation. As this will be a big organisation, then it is
easy for them to utilise the actual benefits which are present in international economies and
culture. Also, this will enables an organisation like ALDI to attain competitive advantage and
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A) Yes B) No
0
5
10
15
20
25
25
15
Frequency

sustain in market for longer period of time. Out of the total number of respondents, large amount
of candidates having the opinion that globalisation has positive impact upon the business and
accounting frameworks of ALDI.
TASK 4
P7 Value of undertaking the research to meet stated objectives
There are many aspects that can be learnt by me with the help of carrying out this
research. As many conditions which are faced by me that teaches me how to build their plans and
adopt themselves as per the requirement. In the present research, many hurdles which I faced are
related to time and money. As we all know, primary method is one of the best method of
research which allows us to get the most reliable and accurate data. It is quite difficult to adopt
this research method due to limited period of time but to ascertain actual and valuable results
necessary to get the real views and opinion of respondents. So, in this regard I build close ended
questionnaire which covers under primary research method and needed less period of time in
comparison to other methods. This will allows me to grab the real opinions of respondents in
cost efficient manner too. There are many skills which are added in me while completing this
research is about flexibility, time and cost management. It is observed from the above description
that the objective of this research is effectively achieve as able to get the results in appropriate
manner. It is identified that globalisation has positive impact in the development of the
operational and accounting strength of an organisation.
CONCLUSION
From the above discussion it is clear that globalisation is not one night process, managers
has to plan business operations in specified manner. In this report, questionnaire is used as
source of primary data. Globalisation affects operations and accounting department the most
because accounts department has to record data properly to provide correct information to
stakeholders. While operations departments has to be perform work in correspondence to
globalise approach.
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REFERENCES
Books and Journals
Adam, R., 2012. The Globalisation of Modern Architecture: The Impact of Politics, Economics
and Social Change on Architecture and Urban Design Since 1990. Cambridge Scholars
Publishing.
Adzic, G., 2011. Specification by example: how successful teams deliver the right software.
Manning Publications Co.
Ariely, G., 2012. Globalisation and the decline of national identity? An exploration across sixty‐
three countries. Nations and Nationalism. 18(3). pp.461-482.
Byram, M. and Parmenter, L. eds., 2012. The Common European Framework of Reference: The
globalisation of language education policy (Vol. 23). Multilingual matters.
Coker, C., 2014. Globalisation and Insecurity in the Twenty-first Century: NATO and the
Management of Risk. Routledge.
Davidson, R. K. and et. al., 2012. The impact of globalisation on the distribution of
Echinococcus multilocularis. Trends in parasitology. 28(6). pp.239-247.
Fisher, E., 2011. What practitioners consider to be the skills and behaviours of an effective
people project manager. International journal of project management, 29(8). pp.994-
1002.
Furlong, J., 2013, January. Globalisation, neoliberalism, and the reform of teacher education in
England. In The educational forum (Vol. 77, No. 1, pp. 28-50). Taylor & Francis Group.
Gunn, S., 2017. Globalisation, education and culture shock. Taylor & Francis.
Hoffmann, J. and Kumar, S., 2013. Globalisation–the maritime nexus. In The handbook of
maritime economics and business(pp. 65-94). Informa Law from Routledge.
Intriligator, M., 2017. Globalisation of the World Economy: Potential Benefits and Costs and a
Net Assessment. In Economics of Globalisation (pp. 85-94). Routledge.
Mak, A. H., Lumbers, M. and Eves, A., 2012. Globalisation and food consumption in tourism.
Annals of tourism research. 39(1). pp.171-196.
Morris, P. W. and Geraldi, J., 2011. Managing the institutional context for projects. Project
Management Journal, 42(6). pp.20-32.
Nicholas, J. M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Online
Primary source and secondary source, 2018. [online] Available through;
<https://businesscasestudies.co.uk/food-standards-agency/market-research-and-
consumer-protection/primary-and-secondary-research.html>.
Research Methodology. 2018. [Online]. Available through: <https://explorable.com/research-
methodology>.
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APPENDIX
Project Logbook
Name:
Project title: Managing a successful business project
Update on weekly research/tasks achieved
To analyse positive economic and cultural impact of globalisation on operations and accounting
commercial activities within organisation. A case study of ALDI.
Any risks and/or issues identified?
Cost is themain issue while performing this research.
Problems encountered
I feel there is lack of guidance and directions hence activities of team mates conflict with each
other.
Lack of innovations
What have I learnt about myself this week?
I learned about concept of globalisation and its impact on international level. I am able to collect
and interpretate data ext week.
Tasks planned for next week
I am bale to provide recommendation and conclusion on the behalf of this project.
Project plan status to date (on, ahead, behind)
my project was on time.
Supervisor comments to address
Performance Review
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What was the project supposed to accomplish?
The present research project is about- To analyse positive economic and cultural impact of
globalisation on operations and accounting commercial activities within organisation. A case
study of ALDI.
Did the project succeed in its aims? How do you know? Specifically, please outline any
evaluation and assessment undertaken.
Yes, with completion of project aims and objectives are achieved.
What things do you think worked well and why? Evaluate all aspects of the project (e.g. initial
inception, project activities and project outcomes) from a range of perspectives.
Team working and self confidence helps to perform work well.
What problems emerged during the project and how were they tackled? Was there timely
identification of issues and resolution during the project process?
Conflict among project activities are major issues which affects project. Yes issue was detected
on time.
What did you learn from undertaking the project?
I am able to understand economic and cultural impact of globalisation on operations and
accounting activities of ALDI.
How would you rate your performance as project manager?
I rate my performance 9 out of 10.
What strengths and weaknesses of your performance did you identify?
My strength in this project is self confidence and weakness is leadership which impact on my
performance.
How will this inform and support your continuous professional development?
Continuous professional development is necessary for achieving targets an regularly learn new
techniques according to external market.
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