Managing a Successful Business Project - Adam's Restaurant

Added on - 21 Feb 2021

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Managing a SuccessfulBusiness Project
Table of ContentsTASK 1 PROJECT PLAN...............................................................................................................11. INTRODUCTION.......................................................................................................................12. AIM AND OBJECTIVES............................................................................................................13. SCOPE AND LIMITATIONS.....................................................................................................24. RESOURCES AND COST.........................................................................................................45. PROJECT PLAN, GANTT CHART OR WORK BREAKDOWN STRUCTURE....................46. RISK REGISTER........................................................................................................................5REFERENCES................................................................................................................................7
TASK 1 PROJECT PLAN1. INTRODUCTIONGlobalisation is the movement of goods and services, people across the boarders. It ispossible only after globalisation that organisation is moving across the border and start sellinggoods and services.This helps in selling of products and services at worldwide or internationalmarket. The assignment has covered concept of globalisation and their impact on function ofbusiness in an effective and efficient manner. The organisation chosen for report is Adam'sRestaurant which is operating business in United Kingdom. It is serving food in respective area.Adam's Restaurant is going to enter into international market with help of joint venture withUltraviolet Restaurant existing in Asia country that is China. Here,International joint ventureisoccurring when two businesses bases in two or more nations form a partnership and stars doingbusinesses (Bernstein and Brass, 2016). A joint venture can be for a singular purpose or can bean on-going purpose.Joint Venture is one of the entry strategies that is used to enter into globalmarkets. Globalisation has raised the popularity of joint venture at regional, local andinternational level. The key trends of Joint Venture are funding obligations, commonly usedstructures, decision making and governance processes, deadlock breakers, transfer restriction,dispute resolution etc.In this current research, researcher will use effective methods andtechniques to identify the risk and benefits associated with joint venture to enter intointernational market.The main reason for choosing topic is to know more about other market andtheir requirement. This can also helps in earning high profits and enhancement of market atdifferent places.2. AIM AND OBJECTIVESAim:“To identify the risks and benefits associated with joint venture to enter into internationalmarket usingAdam's Restaurantas a case study”.Objectives:To identify the trends of globalisation in context of entry strategies.To determine the benefits of joint venture entering into international market.To articulate the risk associated with joint venture in international business environment.1
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