Managing A Successful Business Project (Doc)

Managing A
Successful
Business Project

Table of Contents
INTRODUCTION ..........................................................................................................................4
TASK 1............................................................................................................................................4
P1: Background of the project along with its aim and objectives...............................................4
P2 Project management plan that covers aspects of cost, scope, time, quality communication,
risk and resources. ......................................................................................................................6
P3 Work Breakdown structure and Gantt chart for the project.................................................10
TASK 2 .........................................................................................................................................11
P4 Carrying out Small-scale research by applying qualitative and quantitative research
methods.....................................................................................................................................11
TASK 3..........................................................................................................................................14
P5 Research analysis along with data using an appropriate tools and techniques....................14
TASK 4..........................................................................................................................................22
P6 Appropriate recommendations as a result of research and data analysis............................22
TASK 4..........................................................................................................................................23
P7 Value of undertaking the research to meet stated objectives...............................................23
CONCLUSION .............................................................................................................................23
REFERENCES..............................................................................................................................24
APPENDIX....................................................................................................................................26

INTRODUCTION
Globalisation is defined as a process through which a business or other organisation
develop international impact or begin operation at global level along with formulation some
specific objectives or goals. For this, they also take supports from their every department like
marketing, accounting, Human resource etc. so that firm can easily establish at global level. It
also increases the competition at international market that indirectly assist the customers in
purchasing good quality product and services in affordable prices. Taken organisation for
present report is British Telecom which engages in telecommunication sector and provide
services across the world. The firm was founded in the year of 1969 and in present scenario,
company is operating in around 180 countries. The organisation always tried for expanding their
market share so that a good brand image can be maintained in the world. This assignment will
discuss about the background of report along with aims and objectives. Research at small scale
will also conducted in this report. Data collection methods and its interpretation along with
performance review and recommendation at last will be covers in this report.
TASK 1
P1: Background of the project along with its aim and objectives
Present assignment is all about globalisation and also discuss about its positive economic,
cultural and ethical on the different business operations of a firm. In this report, British telecom
is chosen organisation who wants to expand its business functions at international level so that
their global brand image and profitability can be enhanced (Zajda, 2015). For it, management of
organisation have to determine the positive influence of globalisation in the context of taken firm
that is briefly explained as under:
Economic impact: Globalisation enhances competition in the marketplace which also
provides impact on economy of a particular nation such as, it provides huge employment
opportunities for the citizens of nation, Payment of huge tax-duties to the government etc. It also
enhances the standard of living of citizens which automatically leads in growth of economy of a
country.
Cultural impact: Different country owns a different culture that requires to understand by
a firm who has decided to expand its market share. For this, Management of organisation have to
take support of their employees who have adequate knowledge about the particular culture so

that needs and requirements of citizens of new marketplaces can easily understand and fulfilled
accordingly. With the help of it, organisation will easily expand their market-share in more better
manner (Younos, 2011).
Ethical impact: There are various norms, beliefs and legislations that are formulated for
the firms along with a purpose of directing or supporting them so that they perform their duties
in an ethical way. This is an easiest way through which an organisation can easily make good
position in the marketplace.
For expansion of business at global level, Management of British telecom have to
encourage their various business operations and take adequate support from them so that
organisation can successfully expand its business operations at a global level. Impact of
globalisation on different business functions of British telecom are briefly discussed as below:
Operations: As cited firm is enhancing its business operations at global level so they
have to deal with different clients so that they gets sustainability and growth in the marketplace.
For this, operation department have responsibility to increase the efficiency and effectiveness of
network operations so that better telecommunication services can be provided to customers
(Spender,2014). It also makes better cooperation with the other departments so that duplicate
activities can be identified and removed in proper manner.
Marketing: For successfully expansion of business, organisation have to influence the
buying behaviour of customer in positive manner. It can be possible through effective marketing
of product so that huge revenue and profitability can be gained in the particular nation.
Therefore, marketing department have responsibility to formulate an effective market budget so
that marketing activities can be performed in desired manner.
HR: Globalisation of business needs support from the employees who are working in the
organisation. For this, HR department have responsibility to recruit skilled and experienced
employees of different culture through which citizens of new country will be gained effective
services of the company (Springer,2011).
Accounting: This department has liability to record every transaction which is made
during the globalisation of business so that organisation can easily expand the market-share at
global level. For example record of every expense will encourage the management to focus on
recovering invested amount in future time and if they can't recovered then further expansion will
be stopped in immediate manner.

Aims of the Project
“For analysing the positive impact of economical, cultural and ethical impact of globalisation
on several business divisions which are operating within the firm”- A case study on British
Telecom.
Objectives:
 To understand the concept of “Globalisation”
 To analyse the impact of globalization on various business divisions of British telecom.
 To determine the challenges that will restrict the British telecom in its expansion at global
level.
 To understand the interrelationship between globalisation and business function of
organisation.
P2 Project management plan that covers aspects of cost, scope, time, quality communication,
risk and resources.

Project Title “For analysing the positive impact of economical,
cultural and ethical impact of globalisation on several
business divisions which are operating within the firm”-
A case study on British Telecom.
Project Plan
Company Name: British Telecom
Cost Cost is an essential element which is required at every field
during globalising the business at international level. For
instance, updating the technologies, recruitment of new
employees, purchase of latest machinery and tools etc. It
also support the management to formulate an effective
budget that guides employees to invest in appropriate
manner so that resources of firm will be utilise in optimal
manner. Management of organisation have estimated the
budget of 500000 pound for expanding the business
operations at international level. Whereas, Researcher have
requested 45000 pound from the firm for conducting a
research for them (ROTARU, 2014).
Scope Scope is connected with the expectations of organisation
through which they can estimate their profitability after
expansion of their business at international level. As the
firm is providing better telecommunication services in
various nations therefore Management of British telecom
have wide scope in every marketplace they enter. It will be
helpful for them in gaining good market share which will
leads them towards higher profitability and sales figures.
On the other hand, researcher have also scope of
determining the interrelation between the globalisation and