Managing a Successful Business Project Assignment - ALDI organisation

Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Aims and Objectives of Project.............................................................................................3
P2 Project Management Plan covering various aspects..............................................................4
P3 Time frame work and stages of project completion..............................................................6
TASK 2..........................................................................................................................................10
P4 Research Methods for carrying out research.......................................................................10
TASK 3..........................................................................................................................................12
P5 Examine tools and techniques for research and data...........................................................12
P6 Communication for providing proper recommendation......................................................18
TASK 4..........................................................................................................................................19
P7 Own learning and performance through research work or project......................................19
CONCLUSION..............................................................................................................................19
REFERENCES..............................................................................................................................20

TOPIC
“What are the positive economic, cultural and ethical impacts of globalisation on
different business functions such as operations, marketing, HR, accounting within organisation”.
INTRODUCTION
Globalisation is defined as a procedure of integration and interaction among government,
people and companies globally. With rise in globalisation, there is interaction of international
ideas, trade and culture (Alvarez-Jimenez and et. al., 2014). This consists of product, service,
technology, data and resources. There are various factors such as cultural, ethical, political,
economic which is impacted by globalisation. Also the functions of organisation needs to be
changed accordingly for survival and growth of firm. The given assignment is based on ALDI
which was founded in 1946 at Germany. This deals in variety of product such as food,
household, beverage, sanitary. It is retail organisation having 10,000 stores in 20 countries. This
report covers aim, objectives and scope of organisation along with project management plan. In
order to carry out research, time frame work is needed and various tools and techniques are used
for data collection.
TASK 1
P1 Aims and Objectives of Project
Background of Project
The given project is about positive economic, cultural and ethical impacts of
globalisation on different business functions such as 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 data
has been used (Brown and Green, 2012 ).
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. As globalisation impact various factors such as cultural, ethical,
political and economic which leads to change in business operation and its functions. ALDI
needs to study all these factors for making effective decision in organisation so that goals and
objectives can be achieved. The globalisation helps in creating effective relationship with other
countries globally and knowing their rules and regulation for running business and its operation
in better manner. The factors which has impacted ALDI need to be analysed properly for better
outcome. These factors can also functions of organisation such as HR, operations, marketing and
accounting. As various changes took place with globalisation so accordingly functions need to
work for betterment of firm.
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”
Research Objectives
 To analyse the concept of globalisation.
 To identify impact of globalisation on different business functions and their operations.
 To determine the positive impacts of economic, cultural and ethical factors of
globalisation on a business activity.
Research Questions
 What is the concept of globalisation?
 What are the impact 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?
P2 Project Management Plan covering various aspects
Project Management Plan (PMP)
It is defined as approved and structure documents that determine way of executing
controlling and monitoring project (Evans, 2014). This is also called detailed or summary
documents that includes management plan, 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. There are five stages of PMP such
as initiation/conception, planning, execution, monitoring/performing and project close. The

advantage of using project management is that it assist in managing projects very effectively and
efficiently and enabling researcher to solve issues and problems quickly. As it take both cost and
time for management of plan and following good practices which leads in improving and
achieving desired outcome. The use of PMP is important to ALDI as it helps in reduction of risk
of over budgets. It also provide helps in maintaining quality, managing and controlling of
activities. This PMP cover following aspects which are given below:
Cost- While managing project successfully, cost should be considered at first level. It is
life blood of any organisation for running business in effective manner (Farman, 2013). ALDI
need to make proper budgeting in order to evaluate cost incurred for project or various
operations or activities. Here, cost required for project from organisation point of view is 60,000
pounds. Similarly, from researcher point of view, it can be 70,000 pounds for carrying out
project.
Scope- When any company want to operate their business at global level or
manufacturing in new market or new product then they should analyse those market in effective
manner. ALD is operating business at global level so it need to analyse scenario of that market
and accordingly make plan for it. For better understanding of scope, ALDI can analyse different
factors such as political, ethical, economic and cultural for managing project. Here, researcher
can analyse scope by improving and enhancing their skills, knowledge and experience with help
of various tools and techniques for managing and carrying out plan.
Time- It is considered as measurable time when project has started and completed. If
organisation get more time for managing project, then they can achieve goals and objectives
effectively. Here, time required by ALDI is approximately 6 to 7 months and from researcher
point of view is 5 to 6 months.
Quality- This can create positive and negative impact to ALDI. If it uses high quality
products then it can increase profits and sales. Similarly, in case of using low quality by firm
then value, goodwill and profits declines. For managing quality of research, ALDI can use
effective tools and techniques.
Communication- It is the process of sharing information, data and opinion from one
person to another with use of communication channels (Gikas and Grant, 2013). In order to run
business by ALDI at global level effective communication channels should be used which can
be in written form, oral, newspaper and other media form. Organisation can use radio, television

and other for providing information to consumers. Similarly, from researcher point of view, they
can use survey, online, questionnaire for collection of data and information.
Risk- There are different types of risk which can be faced by ALDI while managing their
project such as change in need and demand of customers, financial risk, ineffective channel of
communication. Similarly, researcher can face risk in terms of limited time, lack of funds, lack
of information for data collection.
Resources- There are various resources required by ALDI for running their business at
global level which includes land, manpower, funds, stakeholders, machinery and others. This
leads in creating positive affect on organisation's cultural, economical and ethics functions. From
researcher point of view, resources can be related with finance, adequate information and others.
P3 Time frame work and stages of project completion
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)
It is considered as key project deliverable which helps in organising work of team into
manageable sections (Kaplan, 2012). This is hierarchical decomposition of whole scope of task
which is carried out by project team for accomplishment of goals and objectives. The elements of
WBS are data, product, service or any combination. This helps in providing essential framework
for estimating cost and controlling along with guidance of control and development schedule.
This is used by ALDI for completion of project within given time period. The resources should
be utilised effectively and efficiently. Activities need to be conducted on the basis of plan which
aid in controlling of expenses in terms of budget.