Impact of Globalisation on Organisations Assignment - Jaguar
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Added on 2020-12-10
Impact of Globalisation on Organisations Assignment - Jaguar
Added on 2020-12-10
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MANAGING ASUCCESSFUL BUSINESSPROJECT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Project aim and objectives.................................................................................................1P2 Explain project management plan that includes cost, time, scope, communication, risk,resources and quality ...........................................................................................................2P3 Explain work breakdown structure and Gantt chart..........................................................5..........................................................................................................................................................6TASK 2 ..........................................................................................................................................7P4 Carry out small scale research...........................................................................................7TASK 3..........................................................................................................................................11P5 Research analysis............................................................................................................11P6 Recommendations for this research................................................................................20TASK 4..........................................................................................................................................21P7 Reflection on the research...............................................................................................21CONCLUSION..............................................................................................................................23
INTRODUCTIONGlobalisation refers to a procedure by which a firm start operating its enterprise uponglobal standard. It helps organisations in developing their international influence for runningbusiness successfully in new market (Urry, 2012). The present assignment has made a discussionon impact of globalisation on organisations positively as well as negatively. For this purpose,Jaguar has taken, this is a British multinational car organization that deals in manufacturingindustry. It is headquartered in Whitley, England and established in 1935. they provides a widerange of commercial and personal vehicles. In order to conduct this project, researchers haveformulated appropriate aims and objectives by focusing as per present case scenario of Jaguar.Here, some approaches and types of data analysis have discussed under research methodologysection, in order to make interpretation and further recommendation for respective company formove its business into new emerging marketplace. TASK 1P1 Project aim and objectivesInternationalisation is referred as a procedure of growing interdependence of nations,which leads to increase business in international market. It can be done by integrating theconcept of free trading, finance, people mobility and innovative ideas into business (How todefine globalisation? 2019). Here, free trade agreements and cross-border investment are takenas main elements of such kind of integration. In respect of chosen firm, it is the fastest growingorganisation that serve its products in many countries, has gained various benefits byimplementing the concept of globalisation. Initially, it is beneficial for accounting department as it facilitates technologicaladvancement which have decreased cost of transportation, computation and communication to awide extent. Secondly, reducing in overall cost of operations, company become morecomfortable to adopt new technical machines or software for improving their operationalactivities. It will provide support for reducing duration of time as well as increase in producedunits of product. Thirdly, marketing sections easily get sufficient funds in order to makepromotions more effective which results into boost up sales and profits of company. Moreover,human resource department gain an opportunity of develop new policies and practices whichfacilitate to set up business globally in respect of achieving success of business respectively.1
Therefore, it is economically feasible for respective company to locate various phases ofproduction in many countries. Similarly, some other factors that increases liberalisation of capitalmarket and trade in international market are- international competition, lawful proscription,import tariff and non-tariff barriers and many more. Concerning on these factors, managers ofJaguar can develop more effective policies and strategies to move business in Africa marketplace(Held, 2013). Topic: The positive economic, cultural and ethical impact of globalisation on entire operationalactivities of organisationAim: “To evaluate the positive economic, cultural and ethical impact of globalisation on entireoperational activities of organisation. A case study on Jaguar”Objectives: The main objectives of present research are mentioned as below: To ascertain the concept of globalisation for international expansion. To determine the optimistic effect of economic process in context of culture, economy aswell as ethical for Jaguar. To determine the challenges that Jaguar can face while moving its business in newemerging marketplace. Research question:What is the concept of globalisation for international expansion?What are the the optimistic effect of economic process in context of culture, economy aswell as ethical for Jaguar?What are the the challenges that Jaguar can face while moving its business in newemerging marketplace? P2 Explain project management plan that includes cost, time, scope, communication, risk,resources and qualityFor managing and developing a project report, researchers generally use the concept ofProject Management Plan (PMP). It provides the approaches for delivering the scope of a projectand developing appropriate planning as per requirement. It also acts as blueprint that givesspecific direction to researchers for attainment of specific aims and objectives. Scope of project: Here, this tool of project management plan defines the scope of a newproject by which a organization can attain its long and short-term goals. In context with Jaguar asit seeks to launch its new cars in Cape Verde, Africa marketplace, where people always look out2
to purchase innovative vehicles which will fulfil their desires. Therefore, by identifying theglobal impact of different aspects of globalization, in terms of economy, social, cultural andethical manner, it has evaluated that there is a large scope for Jaguar to start its business over innew market of Cape Verde, Africa. By analysing the concept of globalisation, its managementcan formulate effective strategies accordingly to grab attention of new targeted customerstowards its commercial and personnel vehicles. Resource: For performing the current investigation which is based upon analysingethical, cultural and economic effect of globalization on Jaguar's operation, project creator needan competent quantity of resources. It includes effective amount of funds, labour capital,communication method as well as few another resources such as tangible and intangible. Whilefor Jaguar, to move its business in Cape Verde, Africa market, managers need to bring latesttechnologies in business and give recruitment to talented product-designers and engineers atworkplace (Lovelock and Patterson, 2015). They will give support in making innovation as perdemand and preference of international customers. Cost: This part of project management plan entails the amount which will be required tocomplete a project. It also includes cost at which a company implements a new project inbusiness in order to gain profitability (Webster, 2014). In respect to current investigation, forattaining this, research team needs approx 20,000 Euros. While, with respect to Jaguar, to start itsoperations in new countries it has to spend an approximative amount of £180 million Euros. ParticularAmountInitial Investment 100000Expenses:Operational ActivitiesR&D ActivitiesCost to IT ExpertsLicensing FeeMaintenance240001000018000800010000Closing Value22000Risk: As through various researchers' point of view, it has analysed that concept ofglobalisation proves beneficial for companies in moving their businesses into global3
marketplace. But yet this arises different challenges as well as problems related to run businessethically in global market. In this regard, this is important for respective firm to focus upon suchrisks which will develop while starting its operations in Cape Verde, Africa marketplace. Aspeople of Cape Verde, Africa majorly focuses on quality and innovation of products instead ofprice before purchasing, therefore, Jaguar needs to concern on making improvement in itsvehicles and services before serving it directly into emerging area (Lasserre, 2017). While incontext with project point of view, risk associated with same also arise difficulties for researcherin completing their activities in desired manner. In this regard, major difficulties arise withcompleting each activity in given period with limited resources and capital. Quality control: In order to obtain effective outcomes in efficient manner of a project,this is significant for research team to concern on quality of same. By monitoring the procedureunder which each and every activity is carried out, project managers gain chance to reduce theoccurrence of its failure. Along with this, they can provide better recommendation to JaguarCompany for moving its business into Cape Verde, Africa market. It will aids respectiveorganisation to develop as well maximise its goods or services quality efficiently, as well asmake business more accessible for targeted customers. Communication: This part also plays a crucial role in completing a project successfullyas per desires and expectations. In this regard, this is important for project leaders to implementan appropriate communication method (Gopalakrishnan and et. al., 2012). This would helpinamount of funds, labour capital, communication method as well as few another resources suchas tangible and intangible. While for Jaguar, to move its business in Cape Verde, Africa market,managers need to bring latest technologies in business and give recruitment to talented product-designers and engineers at workplace (Lovelock and Patterson, 2015). They will give support inmaking innovation as per demand and preference of international customers. Time: This aspect of PMP plan also consider as most element part that entails duration tocomplete entire activities of project in desired manner (Cooke, 2012). Along with this, it alsosuggests time-period under which a company can accomplish its goals and set objectives.Therefore, to analyse the concept of globalisation and its role in moving Jaguar into newmarketplace as per case scenario, project-makers require near about 63 days. While for startingbusiness into Cape Verde, Africa era, respective company needs approximate a year. 4
P3 Explain work breakdown structure and Gantt chartThis technique mainly uses to divide major activities into smaller and manageable segments.Through this process, researchers gain advantage to manage or maintain quality of project moreappropriately, as per expectation (Hamilton and Webster, 2018). Therefore, for managing asuccessful business project, the major activities are given below:To frame each and every activity which is divided by Work Breakdown Structure,researchers of present project can consider the concept of Gantt Chart. It has developed by HenryL. Gantt in the year 1917, for framing activities of a task in proper duration. This would helpresearchers in managing a certain project in appropriate manner. In addition to this, byrepresenting the activities in graphical form, project-makers get chance to monitor, track andmake modification under procedures to obtain effective outcomes of project (Thomson andThomson, 2012). Therefore, in context with present research, as major activities includeidentification of problem, selection of suitable topic, formulation of aims and objectives,literature review, research epistemology to collect information and more, time allotted may beperformed in an given way:5
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