Managing a Successful Business Project - Data Analysis and Findings

MANAGING A
SUCCESSFUL BUSINESS
PROJECT

Data analysis and findings
Do you think that globalisation impact on business?
Yes 20
No 10
Interpretation- Globalisation leads to raise competition in market, this
type of competition is related to target market, service and products
cost, quick response, technological adaptation and fast production by
organizations. 20 participants think that globalisation put positive
impact on business and helps to raise their position and build good
reputation within marketplace as compare to other brands. They think
that it helps to grow business and make it successful as better than
before. Companies with the help of globalisation provide large
multitude of choices in market and able to generate revenue. If
company produce new product with less cost and sells cheaper it is
capable to raise their market share. But on the other side 10 people feel
that globalisation does not put any positive impact on business and as
well as financial performance. With the help of effective and skilled
people firms can be able to expand their business and open the new
ones in another country. They think that globalisation does not any
impact on financial and other performance of business.

Do you feel that globalisation is significant for H&M?
Yes 15
No 15
Interpretation- Globalisation provide many benefits to H&M as permit
entering into international market and enlarge their business effectively. 15
peoples think that globalisation is important for business or for H&M
company as it helps to enter into another nation. With the help of
globalisation organization can be able to launch their new summer shoe
collection within London Fashion week and garb the attention of customers. It
is essential procedure that contribute for interchange of products, other
aspects of culture and ideas effectively. Globalisation is the procedure of
integration and international arising from interchange of world thoughts.
Organization with the help of business expansion sell their different types of
products to other nation smoothly as it is beneficial for them. But on the other
side 15 people feel that globalisation is not important for H&M as well as its
financial performance because it brings many challenges which put negative
impact on overall business functions and activities as well as their new
product launch plan. Globalisation is bad for company and have negative side
effects on profit margin and current market position.