Managing A Successful Business Project - British Telecoms
Added on 2020-10-05
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Managing A SuccessfulBusiness Project
Table of ContentsINTRODUCTION...........................................................................................................................1Background of the Research...................................................................................................2Aims of the Project ................................................................................................................2Research Plan.........................................................................................................................3Work Breakdown Structure for the Project............................................................................6Research Methodology and Data Collection..........................................................................9Analysis and interpretation...................................................................................................11Recommendation on findings........................................................................................................21Conclusion to the research.............................................................................................................22REFERENCES..............................................................................................................................23APPENDIX....................................................................................................................................26
Topic: “To evaluate the positive economic, cultural and ethical impacts of globalisation ondifferent organisational functions”. A Case study on British Telecoms”. INTRODUCTIONGlobalisation refers to the process through which business organisation operates theiroperational activities at international market. It simply means interaction of people, governmentand organisations so that they could develop overall world together (Sakarya and et. al., 2012).This concept have completely transformed working pattern of business organisation as they arenow able to influence international market and its customers which directly contributes ingrowth. Present report is based on British Telecoms, a multinational telecommunicationcompany headquartered in London, United Kingdom. This company is offering mobile services,fixed lines, IT services, and broadband to its customers in more than 180 country. This report isgoing to describe about project management plan along with various factors like cost, scope,time, quality, communication, risk etc. of project. It also deeply elaborate about researchmethodology and its types for finding out appropriate conclusion for aims and objective(Acharya and et. al., 2017). Positive impact of Globalisation in general to the businesses in the UK is described below:-1.Economic Impact: There is a positive growth in an economy due to Foreign Directinvestment in United Kingdom. Moreover, it also gives expansion to foreign directinvestment and trade. Globalisation has lead to enhancement of integration within aneconomy as well as interconnection of various other factors like products, technology,services and information (Marsella, 2012). 2.Cultural Impact: Globalisation has made it possible for organisation to work withpeople that belongs to different culture. It can be said that its beneficial for the businessorganisations as they can easily achieve their targeted goals in international market withmulti cultural employees because these people can give better suggestion to managementteam while taking effective decision (Bratton and Gold, 2017). 3.Ethical Impact: Ethics are considered as the values, beliefs, norms of every individual. Itcan be said that business organisation also owns some ethics which are considered by itsmanagement while executing business activities. It has been analysed that it is better forbusiness organisations to follow their ethical values for expanding effectively ininternational market (Stredwick, 2013).1
Background of the ResearchGlobalisation is a cycle of communication and combination between individuals,organisation as well as government bodies. It includes products, services and economic resourcesof data, technology and capital (Lee, Olson and Trimi, 2012). British Telecoms is one ofmultinational telecommunications company which operates its business operations inapproximately 180 countries. This company is largest deliver of mobile services, fixed line andbroadband services in UK. Along with this, it also gives television subscription and IT services.This company is successful in trading globally as it is easily attracting customers through theirproducts and services by providing them satisfaction according to their requirements in marketplace. Globalisation has impacted different organisational functions like human resourcedepatment, Marketing, Operations and others of British Telecoms as when a company doesexpansion in its business in a foreign base it will extend to existing workers along with newworkers. They can transfer new employees across globe to new vacancies (Busse, Aboneh andTefera, 2014). Willingness of workers to do work overseas will also increase productivity andrevenue of the business. Moreover, it can be said that all of business functions are positivelyimpacting on growth of company. In relation to HR department, HR manager tend to hireemployees from cheaper places so that they can offer them low wages for their work this willalso helps in cost reduction in expenses of business. Aims of the Project “To evaluate the positive economic, cultural and ethical impacts of globalisation on differentbusiness functions”. A Case study on British Telecoms. OBJECTIVES:1.To determine the concept of Globalisation2.To evaluate the impact of Globalisation on different business functions of BritishTelecoms.3.To identify relationship between positive economic, cultural and ethical factors variousother departments of British TelecomResearch PlanProject TitleTo evaluate the positive economic, cultural and ethicalimpacts of globalisation on different business2
functions.Project PlanCompany Name:British TelecomsCostCost is a necessary factor which is required by a firmto finish a project. British Telecom company incurscost for importing and exporting of goods as well asservices. Moreover it also spend money in labour andexchange of currency (Rogers and et. al., 2012). Anestimated cost for this research is approximately 15Kwhich is sufficient to execute to it in effective manner. ScopeThis research project of British Telecom has a widescope in a market place. They can hire people fromdifferent countries at minimum salaries and it will alsohelp them in expanding business globally.TimeTime plays an important role for completion of a task.Researchers took three to four months for completingthis project and research. QualityQuality is an important aspect while conducting aneffective research. In this research, research isgathering information from authentic sources mannerin order to attain true outcome. (Briscoe, Tarique andSchuler, 2012). CommunicationCommunication plays an important role because ifinformation is not communicated in a proper mannerthen it will not give an effective results. In BritishTelecom, information should be delivered properly tostake holders, investors and customers in an adequate3
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