Managing a Success-full Business Project

Managing a Success-full
Business Project

Table of Contents
TOPIC:.............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
Overview of the company......................................................................................................1
Rationale:................................................................................................................................1
Aim and Objectives................................................................................................................1
PROJECT MANAGEMENT PLAN......................................................................................2
RESEARCH METHODOLOGY.....................................................................................................4
Introduction............................................................................................................................4
Research method....................................................................................................................4
Research Philosophy..............................................................................................................4
Sampling.................................................................................................................................5
Data Collection.......................................................................................................................5
Data Analysis..........................................................................................................................5
DATA ANALYSIS AND FINDINGS ...........................................................................................6
RECOMMENDATIONS...............................................................................................................11
REFLECTION...............................................................................................................................11
REFERENCES..............................................................................................................................13

TOPIC:
“To determine positive economic, cultural and ethical impact of globalization on
different business function of the organisation. A case study on: Marks and Spencer.”
INTRODUCTION
Globalization is very popular topic since many year ago. Globalization is the process
which is different societies and economies integrated s closely with each other as well as
concurrent with rising worldwide globalization (Abrol, Prajapati and Singh, 2017). The impact
of globalization on business is multifaceted with both positive and negatives. Political, cultural,
economic along with ethical factors are the major factors which influences the organisation
function and operation's. These all factors are the central pillars of rising trade across the
boarders. In this present research, the positive economic, cultural and ethical impact of
globalization on different business function of the organisation will be critically analysed by
using various techniques and methods.
Overview of the company
Marks and Spencer is a major British multinational retailers in United Kingdom. It is a
public limited company of which headquarters are located in Westminster, London. Company is
specialised in selling clothing, home product and luxury products. Sir Michael Marks and
Thomas Spencer are the founders of M&S company in 1884. Company has currently 979 stores
across UK.
Rationale:
globalization is a recognised and well-known topic since many years. There has been
numerous researches were done on the topic globalization. The reason for choosing the topic
behind is to identify the positive impact of political, cultural and ethical factors on various
business function and operation's (Gachoka, 2015). On the other hand, the interest of research on
the topic of globalization is another reason for the selection of topic.
Aim and Objectives
Aim:
“To determine positive economic, cultural and ethical impact of globalization on
different business function of the organisation. A case study on: Marks and Spencer.”
Objectives:
 To articulate the meaning of globalization.
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 To determine the factors influence the positive and negative factors of globalization on
various business functions.
 To challenges faced by organisation after the rising of globalization.
 To provide recommendations on further expansion of the business in global world.
Research Objectives
1. What is the meaning of globalization?
2. What is the factors influence the positive and negative factors of globalization on various
business functions?
3. What are the challenges faced by organisation after the rising of globalization?
4. What are recommendation on further expansion of the Marks and Spencer in global
world?
PROJECT MANAGEMENT PLAN
When researcher plan to conduct any research, it is very important to make a project
management plan to make the study accurate and efficient. There are some elements which needs
to be consider in planning project management which are as follows-
Cost: This is one of the most important element in conducting the research study as to
plan the cost of research. In this present research, £3000 cost has been incurred in performing all
the task and activities of research (Kerzner and Kerzner, 2017).
Scope: The scope of this research is very broad as it will be used in both academic and
corporate sector. It is very useful for both the students as well as for business person.
Time- This is also one of the critical part in planing the project schedule. It is the first
responsibility of researcher set the timing of all the task and activities. Data collection is the
activity which takes more time in this research. This present research will take approximately 1
month to complete (Harding, Nelson and Glover, 2016).
Quality- The most important part of the research activity. It is very important that the
quality of each and every research activities should be ensured in any manner (Eskerod and
Jepsen, 2016). Especially in collecting the data for the research is the most important task that
needs better quality management.
Risk- Each and everything have the potential risks. In conducting research, there is a risk
of data theft, privacy concern, validity and authenticity of data, data security and many others.
Thus, research needs to evaluate all the potential risk and take proper actions to minimise them.
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