Positive Impacts of Globalisation on Business Functions: A Case Study on ALDI
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Added on 2023/02/02
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This presentation explores the positive impacts of globalisation on different business functions, using ALDI as a case study. It examines the economic, cultural, and ethical factors of globalisation and their effects on business activities.
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Table of Content •Introduction •Aims and Objectives of Project •Project Management Plan •Time frame work and stages •Research Methods for carrying out research •Examine tools and techniques for research and data •Communication for providing proper recommendation •Own learning and performance •Conclusion •References
Introduction Globalisation is defined as a procedure of integration and interaction amonggovernment,peopleandcompaniesglobally.Withrisein globalisation,thereisinteractionof international ideas,trade and culture.Thisconsistsofproduct,service,technology,dataand resources. There are various factors such as cultural, ethical, political, economic which is impacted by globalisation.
Aims and Objectives of Project Background of Project The given project is aboutpositive economic, cultural and ethical impactsofglobalisationondifferentbusinessfunctionssuchas operations, marketing, HR, accounting within organisation.This helps in building effective relationship with other countries and exchange of their culture, ethics. In order to run project successfully, primary and secondary datahas been used
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Cont... Background of Company The report is about ALDI which is retail organisation running business in Germany. It was founded by Theo Albrecht and Karl and dealing in different products such as household essentials, food, sanitary and beverages. This research is conducted to know about globalisation and its impact on business. The organisation whether small or large need to study about market change and plan accordingly.
Cont... Research Aim: “To analyse the impact of economic, cultural and ethical factors of globalisation upon an organisational functional and operational activities- A case study on ALDI”
Cont... Research Objectives •To analyse the concept of globalisation. •Toidentifyimpactofglobalisationondifferentbusiness functions and their operations. •To determine the positive impacts of economic, cultural and ethical factors of globalisation on a business activity.
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Cont... Research Questions •What is the concept of globalisation? •What are theimpact of globalisation on different business functions and their operations? •What are the positive impact of economic, cultural and ethical factors of globalisation on a business activity?
Project Management Plan It is defined as approved and structure documents that determine way of executing controlling and monitoring project. This is also called detailedorsummarydocumentsthatincludesmanagementplan, subsidiary and other planning data. It is practice of planning, initiating, controlling, executing and closing work of individual or team for achievement of particular goals and meeting success criteria.
Cont... This PMP cover following aspects which are given below: •Cost •Scope •Time •Quality •Communication •Risk •Resources
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Time frame work and stages Time frame work is the time required for starting and completing of project within given time period. In ALDI, manager should carry both large and complex project for completing in given time period. There are two ways through which time frame work can be measured which are given below: •Work Breakdown Structure (WBS) •Gantt Chart
Cont... •Work Breakdown Structure (WBS)
Cont... •Gantt Chart
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Research Methods for carrying out research Researchisdefinedasprocedureforproblemidentificationand providingsolutionthroughformulationofhypothesis.Thereare different methods used for evaluating, collecting and organising data and information in best manner. It is very important for research to do proper research for collection of data.
Cont... The types of research methods which can be used by ALDI are as follows: •Qualitative Method •Quantitative Method Methods of Data Collection: •Primary Data Collection •Secondary Data Collection
Cont... Questionnaire: QUESTIONNAIRE Name: Age: Gender: Address Q1) Are you aware about the concept of globalisation? a) Yes b) No Q2) Which is the most effective factor that directly impact on ALDI at international level? a) Ethical Factors b) Cultural Factors c) Economical Factors d) Political Factors Q3) Do you think government provide assistance for expansion of business at global level? a) Yes b) No Q4) Does globalisation provide helps job opportunities to the country people? a) Yes b) No
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Examine tools and techniques for research and data Sample Size:It is way of selecting number of observation from sample size or statistical and subset of large population. Here, researcher takes 20 respondent for sample size. Analysis and Interpretation :Data analysis is process of modelling, cleansing, inspecting and transforming data and covering applicable information, informing conclusion and supporting decision making. This is procedure for selecting knowledge and information from data.
Cont... Theme 9: Globalisation helps in earning profits YesNo 0 2 4 6 8 10 1211 9 Column B
Communication for providing proper recommendation Communication plays an effective role in success and growth of ALDI. In order to carry out project by organisation in effective and efficient manner, they need to have proper communication channel. They can usewrittenandverbalmethodforpropersharingofdataand information in firm. Similarly, the medium which can be used by ALDI arereport,presentationandonlineforconvenienceandeasy completion of project.
Own learning and performance While I was implementing project in organisation, I faced lots of problems and difficulties as time provided to me for project plan was very limited. I need to analyse market, taste of consumer, preference for business expansion. Due to less time, I missed many analysis which was essential part of project planning. The budget made by me also failed as it was more than expected which was also negative point for me.
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Conclusion From above report, it can be concluded that globalisation helps in integrating and interrelationship between different countries. This has impact business and its functions in positive manner in respect of political, economic, ethical and cultural. The business functions help in achievement of goal and objectives.
References •Alvarez-Jimenez, M. and et. al., 2014. Online, social media and mobiletechnologiesforpsychosistreatment:asystematic review on novel user-led interventions.Schizophrenia research. 156(1). pp.96-106. •Brown, B. and Green, N. eds., 2012.Wireless world: Social and interactional aspects of the mobile age. Springer Science & Business Media.