Table of Contents TITLE: Effects of Globalisation on different business functions within Hilton Hotel....................3 LO1................................................................................................................................................3 P1 Project research on Globalisation..........................................................................................3 P2 Project Management Plan......................................................................................................5 P3 Work Breakdown Structure and Gantt chart.........................................................................7 LO2................................................................................................................................................10 P4 Small scale research by applying qualitative and quantitative research methods appropriate for meeting project aims and objectives....................................................................................10 LO3................................................................................................................................................12 P5 Analyse the research and data using appropriate tools and techniques...............................12 P6 Conclude the recommendations as a result of research and data analysis...........................21 LO4................................................................................................................................................22 P7 Reflect on the value of understanding the research to meet stated objectives....................22 CONCLUSION..............................................................................................................................22 REFERENCES..............................................................................................................................23
TITLE: Effects of Globalisation on different business functions within Hilton Hotel LO1 P1 Project research on Globalisation Project Background Globalisation is the concept of secure socio-economic trade through the free flow of goods and services from one place to the another place of the across the boundaries. This concept was initially arrived from industrial revolution in 20thcentury which was accompanied by the replacement of police state (Binder, 2016). Earlier means of distribution of goods and services had been becomes the state controlled command that was considered as the rapid growth and development for socio-economic development of the state. This research is prepared in order to improve the economic situations of the companies by wide interaction of companies in different parts of the world. Globalisation will helps in generating the huge profits and maximised sale of the organisations. Globalisation have started trading the goods of the one country to another which have established a healthy relationship between the peoples of different p[laces and this help he enterprises in identifying the tastes and preferences in order to increase the sales of the company. This assist to develop a systematic work that have increased the performance of the business. Globalisation have improved performance of various business functions as trade of the goods and services outside the country generates more profitability which have impacted on the production capabilities. Increased sale of the products may result in the maximised production and this can be possible by increasing the number of employees which effects the HR functions directly. Rationale of the research In an enterprise which have performed managers focus in improving the effective operations in organisation which results in the effective quality of goods and services in order to establishthecustomerrelationship(Haunschildandet.al.,2017).Businessaregenerally performing their functions for sustaining the company in market for longer run so globalisation help the business process to carry out the effective and efficient operations that generates the large profitability. In order to expand the activities of the Hilton Hotel, it is essential to promote the globalisation which helps in increasing the marketing conditions and goodwill of the
company. Globalisation could also expand various goods and services according to the tastes and preferences of the consumers(Zajda, 2015) . This has also help the business in achieving the main objectives of the company. Aims and objectives AIM-To identifying the impact of Globalisation on different functions of Hilton Hotel such as operations, marketing, accounting and Human resource. OBJECTIVES To understand the effects of globalisation that have transformed the business activities of Hilton Hotel into the successful and rapid growth. To identify the main elements that help Hilton Hotel in performing the globalised transactions To evaluate the interrelated functionalities of different departments in the Hilton Hotel Research questions What are the impacts of globalisation on the different function of Hilton Hotel ? Why this research is conducted and what are the objectives of conducting this report? How have the Globalisation impacted on functionalities of different business department such as operation management, Human resource, Marketing, accounting etc. inHilton Hotel.
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n order to improve the performance of theHilton Hoteland generation of the desired objective can be possible by effective implementation of the various activities in the business. For this company need to focus on the time frame that will help in setting an appropriate duration in which the plan meed to be perfectly implemented. Various elements are there which help in improving the performance of the organisation and also help in meeting the main goals. Such elements are as follows: Cost factor In order to carry the research of globalisation, various aspects are been considered to improve the functional performance and operations of the Hilton Hotel. Estimated cost of this research is $ 90 which is required to manage the resources of implementing the research on globalised market. In order to explore and collect the primary data, there is a need to collect all the data and information that will help in estimating the appropriate figure in order to adjust the cost factor of making a research on Globalisation (Globalization,2018). Risk Present research will be based on different aspects and one of the major element which may restrict the growth of implementing this project is Risk factor. Due to the limited time and cost factor it may impact on the affectivity of the business goals and objectives. Various types of issues may arrive which is also one of the barrier that may impact on the research in order to appropriately respond such questionnaire which are arrived by this study. Scope In order to accomplish the main goal and objectives of the Hilton Hotel, Managers adopt various methods of Globalising the services at different places in order to achieve the huge profitability of the enterprise. This also helps in attracting the loyal customers in the company which helps in increasing the sales of the enterprise (Purnell, 2018). Development of this research may result in various new opportunities for the smooth functioning of various business functions
P3 Work Breakdown Structure and Gantt chart
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Activity1to 2 Week 3.to 4 Week 5to 6 Week 7 to 8 Week 9 to 10 Week 11 to 12 Week 13 to 14 Week 15 to 16 Week 17 to 18 Week 19 to 20 Week Identify research topic Reviewof Literature Drafting Methodologie s Complete Proposal Design questionand pilot research Documentatio n of records
Analysing dataand interpretation Discussion and Conclusion Final submission
LO2 P4 Small scale research by applying qualitative and quantitative research methods appropriate for meeting project aims and objectives Qualitative and quantitative research methods for meeting the main goals of the project are follows below: Research design The design of the project is one of the most important aspect which mainly helps in creating the framework of making the final project research within the Hilton Hotel. This helps in determining the steps of performing the tasks that ,leads to the successful project research. Implementing appropriate design of the research helps in carrying out the effective planning of developing a project research (Johnson, 2016). This provides the concluded final evidences which explores the solution to a particular problem. Research Philosophy Researchphilosophymainlydealswiththesources,natureanddevelopmentof knowledge. This philosophy helps in creating the assumptions about how the data need to be collected, analysed and used. Knowledge creation may be possible by engaging in a part of dissertations. In order to answer the questions of the research primary and secondary dataneed to be collected for the creation of new knowledge. This can be conducted considering four main important elements such as pragmatism, positivism, Realism and interpretivism. Data collection This methodology helps in collecting the database in order to carry the effective research this data may be obtained from the primary or secondary sources. Data may be collected in an unorganized format that have to be arranged according to the requirements of the research. Data Sampling This method helps in determining the sampling criteria of conducting the research which specifies the conditions and it also guides the process of selecting the members who are going to participate in the study. It mainly determines the accuracy, reliability and validity of research findings (Pearce, 2017). This method directly impacts on the quality of products and services. The sample size will be 20 Managers of Hilton Hotel. Questionnaire
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Name: Age: Gender: 1. DoesHilton Hoteluse the concept of Globalisation in order to expand the business activities? Yes No Not Sure 2. Is it mandatory to increase the profitability using the globalised technique in the market? Yes No May be 3. Is the sales ofthe goods and services will be increased after globalising the products into the different parts of the world? Highly Agree Highly disagree Neutral 4. Globalisation of the goods and services increases the goodwill and reputation of the Hilton Hotelin the national as well as international market? Agree Not agree Highly agree 5. Do the Smoothfunctioning and conflict free environment can be generated by implementing the concept of Globalisation inHilton Hotel? Yes No Not at all 6. How often theHilton Hotelconsiders the methods of foreign Direct investment which helps in outsourcing of the produced goods?
Often Very Often Not sure 7. is it possible to achieve the higher profitability of theHilton Hotelby trading the products across the world? Completely agree Completely Disagree Neutral 8. What would be recommendation provided top the company in order to effectively adopt the Global market concept for increasing the productivity and sales of theHilton Hotel? Using FDI (foreign Direct investment)method By expanding the interactions with foreign customers Bytrading the goods to the different parts of the world None of the above 9. Is the use of the global market help in minimising the cost and time consuming factors? Yes No Somehow LO3 P5 Analyse the research and data using appropriate tools and techniques Theme 1- Hilton Hotel use the concept of Globalisation in order to expand the business activities. Q-1 Does anHilton Hoteluse the concept of Globalisation in order to expand the business activities? Frequency Yes14 No6 Not sure Total20
Interpretation By collecting the above information is is been estimated that Globalisation concept expands the business activities up-to the greater extent. Here many are in the favour of this statement. Theme 2- Increased profitability using the globalised technique in the market Q-2Is it mandatory to increase the profitability using the globalised technique in the market? Frequency Yes7 No9 May be4 Total20 YesNoNot sure 0 2 4 6 8 10 12 14 Frequency
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Interpretation This research have analysed that that profitability can not only be achieved by using the global concept in the company. There are more methods that helps in achieving the higher profitability. Here most of the people disagree the statement. Theme 3- The sales of the the goods and services will be increased after globalising the products into the different parts of the world Q-3Is the sales of the the goods and services will be increased after globalising the products into the different parts of the world? Frequency Highly agree12 Not agree6 Neutral2 Total20 Yes No May be
Interpretation Many people favours the question that sales of the goods can be increased by adopting the globalisation technique in the business. So sales of the products can be increased by implementing the globalisation concept in the Hilton Hotel which helps in outsourcing the products to the different parts of the world. Theme 4- Globalisation of the goods and services increases the goodwill and reputation of Hilton Hotel in national and international market Q-4- Is Globalisation of the goods and services increases the goodwill and reputation of the Hilton Hotel in the national as well as international market? Frequency Agree18 Not Agree2 Highly agree0 Total20 Highly agree Not agree Neutral 024681012 Frequency
Interpretation From the above analysis it can be observed that most of the people agrees that it exporting or outsourcing the products into the different parts of the world can be helpful in increasing the goodwill and reputation of the particular brand. Almost all the people accepts this fact except the two persons from the above study. Theme 5- The Smoothfunctioning and conflict free environment can be generated by implementing the concept of Globalisation. Q-5Do the Smoothfunctioning and conflict free environment can be generatedbyimplementingtheconceptofGlobalisationinan organisation? Frequency Yes3 No10 Not at all7 Total20 AgreeNot AgreeHighly agree 0 2 4 6 8 10 12 14 16 18 Frequency
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Interpretation Globalisation provides the wider concept that globalisation but it cannot promotes the positive working because it helps in the outflow of goods and services across the different parts of the world but it cannot effect the internal environment of the Hilton Hotel. Theme 6-Hilton Hotelconsiders the methods of foreign Direct investment which helps in outsourcing of the produced goods Q-6 How often theHilton Hotelconsiders the methods of foreign Direct investment which helps in outsourcing of the produced goods? Frequency Often8 Very Often6 Not sure6 Total20 Yes No Not at all
Interpretation From the above study, it can be analysed that FDI investment will helps outsourcing of the large goods and services to other places. As 8 managers feel often feels that Outsourcing of the Hilton Hotel would be increased if company adopts Foreign Direct Investment. And equal number of managers feels that very often company globalise its products by FDI. Theme 7-Achieve the higher profitability of the company by trading the products across the world. Q-7 How often theHilton Hotelconsiders the methods of foreign Direct investment which helps in outsourcing of the produced goods? Frequency Often10 Very often10 Not sure0 Total20 OftenVery OftenNot sure 0 1 2 3 4 5 6 7 8 Frequency
Interpretation From the above study it is been analysed that globalisation can be directly influenced by Foreign direct investment which helps in outsourcing the products to the other countries of the world. Equal number of Managers often feels that FDI can be considered to trade the goods and services to the other parts of the world. Theme 8- Recommendation for the Hilton Hotel in order to effectively adopt the Global market concept for increasing the productivity and sales of the organisation. Q-8What would be recommendation provided to the Hilton Hotel in order toeffectivelyadopttheGlobalmarketconceptforincreasingthe productivity and sales of the organisations? Frequency Using FDI (foreign Direct investment)method12 By expanding the interactions with foreign customers5 Bytrading the goods to the different parts of the world3 None of the above0 Total20 Often Very often Not sure 012345678910 Frequency
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Interpretation from the above survey it is been observed that large number of people are in favour of FDI which helps in expanding company in global market. As 12 number of of people thinks that Foreign investment can be is the most suitable option which helps in expanding the activities in global market. Theme 9- The use of the global market help in minimising the cost and time factors of Hilton Hotel. Q-8Is the use of the global market help in minimising the cost and time consuming factors? Frequency Yes6 No12 Not sure2 Total20 0 4 8 12 Frequency
Interpretation By the above analysis and survey lot of the people disagrees that global market reduced the costa and time of the company. It is been interpreted that 12 number of people have answered No to this question as they believe that Global market could not decreases the time and cost of the organisation. P6 Conclude the recommendations as a result of research and data analysis It is been concluded that globalisation helps theHilton Hotelin expanding the different functional units of the business. It has also been concluded from the above research that globalised industries earn more profitability and it had also help in included creasing the reputation and goodwill in the market. Various recommendations can also be concluded that helps in improving the performance of the Hotel. Such recommendations are as follows: Proper training should be provided to the students regarding the concept of globalised market. This increases the individual skills and knowledge among the staff members which helps them to effectively implement the globalised market. They should also provide proper insights of using FDI in company that helps in increasing the profits ofg the firm. By encouraging various activities which helps in promoting the outsourced products. This helps in improving the communication of the people within the business and it also generates large large opportunitiesHilton Hotelin order to expand more. Yes No Not sure 024681012 Frequency
Hilton Hotelshould also promote the communicational techniques in the company so that it helps in building trust and faith between the staff members of the organisation. Tasks and duties should be effectively assigned to the employees in order to understand the concept of Globalisation. Properly helps the seminars and various campaigns can also help the students in understanding the concept of globalisation and its impacts on the business functions. LO4 P7 Reflect on the value of understanding the research to meet stated objectives I can understand the globalization in the main problem all over the world. According to survey, it can be identified that there are different industries group that face issue in order to consequenceoftheeconomiccrisis. Ialsoused theinnovationstrategiesto reducethe globalization rate across the world. This research is based on the spreading innovative ideas to increase the business process and also help for providing the best quality of goods and services in marketplace. I used the innovative idea for designing the product which is beneficial for longer term in the industrialized countries but there are also emerging nation; whereas first priority to manage the market values and share. I research on the globalization to study about the different level of globalization that concern about the increasingly emergence nations. I also concern to use the analytic methodology to compare with the different strategies regarding the health care that applied the reverse innovative ideas in the growth and development process such as Renault. This firm mainly focus on the relay engineering to emerging the entire countries or nations. CONCLUSION From the above report it is been concluded that increasing Globalisation have greatly influenced the different business practices ofHilton Hotelsuch as operations, accountability Human resource management etc. this report had also concluded that Globalisation provides various business opportunities in order to expand the business outside the boundaries of a particular country. It has been also clear that Globalisation had improved the successful operations and it had also increased the profitability of the firm. This research has also help in understanding the features of improved quality of products and services that are achieved by expanding the globalised activities in market which also leads to the improved performance of the employees inHilton Hotel.
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REFERENCES Books and Journals Binder, J., 2016.Global project management: communication, collaboration and management across borders. Routledge. Haunschild, J. and et.al., 2017, September. Deployment of a Business and Innovation Centre to Foster Cooperation Between Europe and Brazil. InEuropean Conference on Innovation and Entrepreneurship(pp. 290-299). Academic Conferences International Limited. Johnson, W.J., 2016. Strategies That Make Entrepreneurs Sucessful On A Second Business Launch. Pearce, J.M., 2017. Emerging business models for open source hardware.Journal of Open Hardware. Purnell, M., 2018. Globalisation and its Impact on the Journal Collections of Research Libraries in Australia: A Health Library’s Perspective.Journal of the Australian Library and Information Association.67(1). pp.55-63. Zajda, J. ed., 2015.Second international handbook on globalisation, education and policy research. Springer. Online Globalization.2018.[online].Availablethrough:<http://globalsherpa.org/globalization- globalisation/>