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Managing a Successful Business Project

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Added on  2020-10-23

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Managing a Successful Business Project OBJECTIVE 2 Impact of Globalisation in Business of UK 2 BACKGROUND OF THE RESEARCH2 AIM AND OBJECTIVES OF THE PROJECT REPORT 4 Aim of the project report 4 RESEARCH PLAN 5 WORK BREAKDOWN STRUCTURE AND A GANTT CHART9 RESEARCH METHODOLOGY AND DATA COLLECTION 12 SECONDARY RESEARCH || 14 ANALYSE RESEARCH AND INTERPRETATION 14 RECOMMENDATIONS AS A RESULT OF RESEARCH AND DATA ANALYSIS 24 PERFORMANCE | REVIEW AND SELF-ASS

Managing a Successful Business Project

   Added on 2020-10-23

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Table of ContentsINTRODUCTION...........................................................................................................................2Impact of Globalisation in Business of UK ..........................................................................2BACKGROUND OF THE RESEARCH.........................................................................................2AIM AND OBJECTIVES OF THE PROJECT REPORT..............................................................4Aim of the project report........................................................................................................4RESEARCH PLAN.........................................................................................................................5WORK BREAKDOWN STRUCTURE AND A GANTT CHART...............................................9RESEARCH METHODOLOGY AND DATA COLLECTION...................................................12SECONDARY RESEARCH........................................................................................................14ANALYSE RESEARCH AND INTERPRETATION..................................................................14RECOMMENDATIONS AS A RESULT OF RESEARCH AND DATA ANALYSIS .............24PERFORMANCE REVIEW AND SELF-ASSESSMENT..........................................................24CONCLUSION .............................................................................................................................26REFERENCES..............................................................................................................................27APPENDIX...................................................................................................................................281
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INTRODUCTIONSuccessful management and operations are defined as an opportunity which demonstrateskills and knowledge. Globalisation is a process of worldwide movement toward economic,trade, financial and communication integration. It helps the company to maximize its reach at theglobal market. In this project report chosen organisation is Jaguar which is established in UnitedKingdom and it is a car manufacturer company. The main aim of this report is to establishappropriate objectives and aim which help the corporation to accomplish its goal. Marketingfunction support to the sustainable growth to an organisation and leads towards the globalisation.In this project report there are various topics are discussed such as : project time frame and aims,management plan that covers aspects of cost, time quality and communication, data collectionand small scale research, conclusions and recommendation of findings. Apart from this it discussabout the objectives which leads sustainable organisational performance. Write about the following:Impact of Globalisation in Business of UK Economic impact : For business of UK it is beneficial and its increase the internationaltrade practices. Company can enhance economy development practices by reducing barriers oftrade practices. Cultural Impact: Globalisation helps to understand the culture of different countrieswhich is helpful to the growth of business. Its provides the positive impact for the growth andsuccess of organisation. Ethical Impact: It is essential factor for those companies who have presence ininternational market. So it is important for them to follow the rules, regulations and laws relatedto the ethics and it is beneficial for the globalisation. BACKGROUND OF THE RESEARCHJaguar is a medium size organisation and it is established in United Kingdom.It is a carmanufacturer organisation which makes luxury vehicle brand. It has many showrooms aroundthe various nations at the globe (Smith and Besharov, 2013). Organisation wants to expand itsbusiness at different countries and open its showrooms so that more market share can becaptured by it. With the help of globalisation company can get the advantage of competitivenessand maximize its market share at global level. Through the effective marketing strategy2
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corporation can maximize its reach and generates more revenues with the help of globalisation.Effective marketing can aware the consumers about the products of company which help Jaguarto increase its sales (Porter, 2012).Positive impacts of Globalization in different functioning such as marketing, accountingand human resource management as well as on operations. FunctionsImpacts Marketing Marketing function helps to aware the personsabout the products of organisation which helpJaguar to increase its global reach. As a resultit can able to capture more market share andcan maximize its profits. It is importantfunction for the growth of organisation.AccountingAccountant of organisation has perform thisfunction so that organisation can know itsfinancial position for a relevant year. It plays avery important role in amalgamation, merger .Due to this issue it becomes difficult to makecomparison of two or more MNC' s , so due tothis reason the Accounting StandardBoard(ASAB) develops the InternationalFinancial Reporting Standards (IFRS) as globalaccounting standards for international tradingas this need emerges with the globalisation. Human resource Human resource manager of Jaguar has selectthe employees on the basis of their skills,knowledge and capabilities so that theyperform their roles and responsibility ineffective manner. As a result organisation canachieve its goals and objectives. 3
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Operational functioningGlobalisation also enhances operationalfunctioning of corporations of developingcountries by providing them latesttechnologies which helps Jaguar to completetheir works in time and cost effective manner. AIM AND OBJECTIVES OF THE PROJECT REPORTTopic – What are the positive economic, cultural and ethical importance of globalisation onmarketing, “ The case of Jaguar” For the globalisation marketing plays a very vital role because it helps the organisation tocapture the more market share so that company can generate more revenue and achieve its goalsand objectives. Aim of the project reportThe aim of project report is to identify the implication of globalisation at marketingfunction of Jaguar.Objectives of reportImpact of globalisation to identify ethical and economical activities on marketing ofJaguar.To explore of influence of globalisation on auto-mobile industry. To recommend the sources through which Jaguar can expand its business operations atglobalised level.Research questions : What is the impact of globalisation on auto mobile industry ?What are the positive impact of cultural, economic, and ethic of globalise activities onmarketing of Jaguar ?What challenges can be faced by manager of Jaguar in operating business at globallevel ?RESEARCH PLAN Project management plan can be develops on document which includes various activitiessuch as cost, quality, time frame, scope etc. It also involves planning, organizing and controlling.4
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Roles and duties are decided by manager of Jaguar to develop effective project managementplan. It is consist of various elements such as : time, risk, scope, cost, communication and risk.5
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Project TitleWhat are the positive economic, cultural andethical importance of globalisation onmarketing, “ The case of Jaguar” Company Name:JaguarCostThere arehuge investment is require if a company wants to go global because it has to set up plant and infrastructure and hire new employees. To know the cost of a project is essential for an organisation so that unnecessary expenses can be minimize. Jaguar can try to minimize the cost of production of itscar so that profits can be maximize. It helps thecompany to get the competitive advantage if cost of productions is minimum (Peppet, 2014).Forecasted budgetParticular Amount in £Advertisement cost9500Cost of acquiring planand machinery23000Cost involves ininfrastructure19000Cost involved inhiring of humanresource7100Total cost58600ScopeIt has wider scope for the business of Jaguarand it can expand its business in variouscountries in the globe. Jaguar can opens itsshowrooms at different nations which help theorganisation to improve its brand image world6
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