Table of Contents INTRODUCTION...........................................................................................................................2 TASK 1............................................................................................................................................2 P1 Project aims and objectives....................................................................................................2 P2 Project management plan that covers aspects of cost, scope, time, quality, communication, risk and resources........................................................................................................................4 P3 Work breakdown structure and a Gantt chart to provide time frames and stages.................6 TASK 2............................................................................................................................................7 P4 Small-scale research by applying qualitative and quantitative research methods.................7 TASK 3............................................................................................................................................9 P5 Research and data using appropriate tools and techniques....................................................9 P6 Appropriate recommendations as a result of research and data analysis.............................12 TASK 4..........................................................................................................................................13 P7 Value of undertaking the research to meet stated objectives...............................................13 CONCLUSION..............................................................................................................................13 REFERENCES..............................................................................................................................15
Topic: To analyse impact of globalisation on marketing department: A study on Wahaca restaurant. INTRODUCTION Globalization means expansion of business at international level. In this process, there is interaction among different people, organisations, countries, etc. There are different trade policies which hasto be considered by managers of organisation in order to deal with international trade. There is requirement of different aspects which are related to change in plans and policies. There is essential role of information technology to deal with business at globalised level. There is liniancy in policies of government, so it is easy to expand business (Bücker and et. al., 2014). Business expansion is possible with use of different aspects which are relevant and significant for attaining good brand image and profits. In this report there is discussion about Wahaca restaurant which deals in Mexican Market Eating. This organisation was situated in UK and established in 2007. This organisation has 25 branches all over UK. As there is trend of globalisation, so managers of Wahaca restaurant are thinking to expand business at international level. Hence there is research conducted to analyse outcomes which are relevant and significant for successful business expansion. This report covers project aims, objectives and time frame, information related to small scale research, information gathering and data collection, appropriate recommendation as outcome of research, at last there isdiscussionaboutusefulnessandsuitabilityofglobalisationforsustainablebusiness performance. TASK 1 P1 Project aims and objectives Globalisation means expansion of business operations at international level. Globalisation means opening business transactions at international level. To operate business at international level, there is requirement of some changes in business operations which is relevant and significant for attaining good brand image and business expansion (Buettner and et. al., 2012). If an organisation wants to operate at international level, then they have to make proper strategies, they have legal laws which has to be followed. Multinational organisations deals in different countries and have good strong brand image. There is requirement of different resources which are relevantand essential for creating good brand image. Thereisnational growth and development with the help of international business through increment in GDP, export import
trade. Government gets benefited with the help of different types of taxes, security amount, license fees, etc. This is relevant and significant for improving changes. Background of Project In UK, there is much scope of hotel industry because UK economy promotes expansion of small scale business. But managersof Wahaca restaurant wants to expand business at globalised level. This is relevant and effective for keeping long term relations with consumers. As there is difference in demand of consumers according to difference in demographical, geographical aspects (Campbell, Eden and Miller, 2012). Hence it is responsibility of managers to analyse it and then frame commercial activities. In this report, there is discussion about globalisation of business. Aim behind conducting this research is to know positive economic and ethical influence of international trade on marketing. Wahaca restaurant has 25 outlets in UK, so they have to analyse market properly before business expansion. If proper analysis is not done, then there are possibilities of that business may fail at globalise level. There is requirement of various resources such as finance, eatables, raw material, etc. so these factors has to be planned. This report is conducted to analyse such resources and their availability at globalise level. Aim:Toanalysepositiveeconomicandethicalinfluenceofglobalisationonmarketing department: A study on Wahaca restaurant. Objectives To aware about the concept of globalisation. Todetermineeconomicandethicalimpactofglobaliseactivitiesonmarketing department of Wahaca restaurant. To examine issues faced by managers of Wahaca restaurant in operating their business operations at international level. TorecommendthewaysthroughwhichWahacarestaurantcanexpandbusiness successfully at globalised level. Questions Are you aware about concept of globalisation? What is the economic and ethical impact of globalise activities on marketing department of Wahaca restaurant? Which issues are faced by managers of Wahaca restaurant in operating business at international level?
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What is the recommendation through whichWahaca restaurant can expand business successfully at globalised level? P2 Project management plan that covers aspects of cost, scope, time, quality, communication, risk and resources Project Management plan Project management plan is a legal document which talks about different aspects of project. There are many activities such as data collection, analysis, data sampling, conclusion and recommendation, etc. which has to be followed by researcher to conduct and complete operations in relevant manner (Cooke, 2012). Hence in this plan, researcher make strategies for proper implementation of research activities. Team mates are proper aware about activities and resources which are required to conduct project. Hence possibilities of getting positive return is more with this plan. As managers of Wahaca restaurant thinking to expand business at globalise level, so with the help of project management plan they are able to conduct research in appropriate manner. In order to run business successfully at international level, there is requirement of some changes in product and services in order to achieve good brand image. As there is good scope of development of Wahaca restaurant because they have good image in UK. But apart from this planning related to resources, leading team, motivation of team mates, etc. are some aspects which has to be considered. There is requirement of different resources such as raw material, space for outlet, employees, etc. which helps to perform operations in relevant manner. Managers of Wahaca restaurant must frame project management plan with the help of which they can implement business in appropriate manner at international level. Some factors which are considered in plan are as under- Scope:Scope means are of expansion. Wahaca restaurant operates in hospitality sector. They have fame in Mexican Cuisine hence they can create same brand image in international market (Cuervo‐Cazurra, 2012). There is good scope of business expansion at international level for Wahaca restaurant with the help of proper marketing techniques. This assist in creating diversification and improves profits of organisation. As there is competition in restaurant sector, so with the concept of globalisation of Wahaca restaurant managers are able to operate at international level. There is increment in sales, revenue profits of Wahaca restaurant hence
growth prospects for association increases. With the help of this research, it is easy for expand business at international level. Resources:There is requirement of different resources such as raw material, employees, appliance, equipment, etc. for successful implementation of business. In project management plan, there is proper planning for such resources. This helps in planning and implementation of resources properly and take execute (Dunning, 2013). Before expanding business at globalise level, it is responsibility of managers of Wahaca restaurant to plan and avail the. For instance: resources are not available on time, then this affects working style and may delay in serving to consumer.Whileperformingthisproject,thereisrequirementofcomputer,proper communication Channel which helps to interact with each other, internet connection, etc. These resources are relevant for performing research activities properly. There is difference in culture as per difference in geographical region, so there is requirement of training to workforce as well. Cost:Cost is essential component which is required to expand business. Managers of Wahacarestaurantplanbusinessoperationsandassociatedcost(Farndale,Brewsterand Poutsma, 2014). This helps to maintain balance between cost and profits. While staring new business by Wahaca restaurant rental cost, labour cost, promotional cost, etc. will occur. Hence there is requirement of proper planing related to expense. ParticularsAmounts (£) Leasing cost360 Labour and training cost40 Equipment and Maintenance cost20 Promotion and marketing cost60 Purchasing and production cost20 Total500 As per above discussed table, expense of expansion business is 500£. So managers of Wahaca restaurant must available financial resources from internal or external sources. Time:Time required to complete project is approx. 8 weeks. This is the time which shows starting and end date of starting project. This time implies that there is requirement of
some changes in working style so business expansion can be done within specified time. This can be possible with regular motivation and leading project team. Quality:Quality of product and services gets raised because it is not easy to expand business because there is competition at global level (Hoskisson and et. al., 2013). When managers of Wahaca restaurant takes care about quality, it is easy to maintain good brand image in industry. To operate at international level managers of Wahaca restaurant has to improve their marketing techniques such as use of social media applications, which assist in contacting more and more people. They can provide good quality Mexican Dishes which attracts consumer and maintain long term relations with them. Communication:Communication is a away through which individual can share their views, ideas, thoughts with others. There are many departments in Wahaca restaurant such as production, purchase, sales departments, etc. so there must be proper communication channel which helps to communicate each other and operational efficiency can be achieved (Jenkins, 2013). Marketing department has to interact with different departments so business expansion is successful. While conducting research, there is use of different channel such as business phones, video conferencing, etc. which helps to coordinate and complete project within specified time. Risks:While expanding business at international level, there is risk of being failure if managers are not able to accept culture of other country. Hence there are possibilities of failure. If managers of Wahaca restaurant does not have innovative technique, so it is tough to achieve sustainability because changes are taking place in taste and trend of consumers. P3 Work breakdown structure and a Gantt chart to provide time frames and stages Work break down structure A work-breakdown structure (WBS) is an engineering systems which divides different project activities in small elements. With the help of work break down structure, it is easy to assign different activities among team mates (Kang and Jiang, 2012). Work break down structure helps to manage activities of research among different department. This helps to create proper flow of activities. As managers of Wahaca restaurant are thinking to expand business at international level, so different aspects has to be covered which assist in accomplishing aims and objectives of project. Gantt chart
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A Gantt chart is a pictorial description about research activities and time taken to complete them. This concept was developed in 1917 by Henry L. Gantt, an American engineer and social scientist. With the help of Gantt Chart, there is coordination among different activities of project. There are many activities such as data sampling, data collection, sampling, etc. are discussed. Time scale is also associated with Gantt Chart which tells about starting data and end date of activities. With these components, it is easy to complete project on time because team mates are aware about time required or assigned to particular project activity. Gantt Chart helps in framing policies or expansion within specified time.
TASK 2 P4 Small-scale research by applying qualitative and quantitative research methods Small scale research means research which is done for implementing new techniques at business organisation, expansion of business, etc. There is requirement of proper knowledge which assist in getting good and positive results (Lee and Song, 2012). There is requirement of different tools and techniques which helps to complete research through attaining goals and objectives. As there is requirement of sample data for interpretation. Some of the techniques of project are as under- Research method:It is a way of studying something in order to discover new information. It has divided into two parts which are as follows: Qualitative Method: Itis used in market research which focuses on obtaining data by using open ended and conversational communication. In this method questions are starts from why and what. There are various types of research methods can be used by companies such as: ethnographic research, content analysis, in- depth interview, case study etc. It is descriptive in nature. It is help to analyse uncover trends in opinion and develops the insights into the researcher (Thite and Shah, 2012). Quantitative examine:This method is used to enumerate the issues by generating numerical data. It can be used to understand behaviour, opinion, and attitude and through it sample can be collected from large number of group or audience. It is more structured than qualitative research method. In this method research can be through mobile survey, online survey, face to face interview, online polls etc. Data Collection: It is a technique which is used in research. It is a process of collecting and measuring data and information. The reason behind it is to gather quality data and it ensures the integrity of the research. Data collection method can be divided into two parts such as:
Primary data collection method:In this method data is collected directly by the researcher for the first time. It is more realistic and original in nature. There are various methods which can be used such as: Questionnaire method, focus group interview, delphi technique, projective technique etc. These different methods can be use as per the convince and suitability of researcher. It provides relevant information and biasness can be eliminated and it a time consuming process (Moeller and et. al., 2013). Secondary data collection method:In this method researcher does not collect data directly. It is information which is gathered by other person and data’s are second hand in nature. It is less expensive and does not consume more time. Researcher can collect data from internal or external sources. Internal source of secondary data can be generated from financial statements, company information, customer details, management information system etc. External source of secondary data includes government censuses, journals, internet, magazines etc. Data sampling:In this method sample is collected from group of person or population and sample has taken by researcher from it. There are various types of data sampling methods such as: random sample sampling, systemic sampling etc (Manova and Zhang, 2015). In this report, there is use of qualitative data which is collected with primary source. Questionnaire is used to be filled by 50 employees working at Wahaca restaurant. Random sampling method is used for collecting data. Questionnaire Name: Gender: Contact Number: Address : Q1) Are you aware about concept of globalisation? a) Yes b) No Q2)Does government support is necessary for business expansion at international level?
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a) Yes b) No c) Can't say Q3) Which departments plays crucial role in international expansion of business? a) Marketing b) Research and development c) Operations d) Sales e) Production Q4)Domarketingmanagerhastoanalysestrategiesofforeigncountrybefore expansion? a) Yes b) No Q5) What is the economic and ethical impact of globalise activities on marketing department of Wahaca restaurant? a) Cost b) Competition c) Technology d) Cultural policies Q6)WhatarethekeyimplicationsfacedbymanagersofWahacarestaurantin globalising business at international level? a) Increasing trade across the world b) Labour migration between countries c) Competition with global brands d) expansion through foreign direct investment Q7) What are the benefits which Wahaca restaurant can avail in global expansion of business? a) Positive profits b) Technology up-gradation
c) Improve brand reputation Q8) Which issues are faced by managers of Wahaca restaurant in operating business at international level? a) Increased competition b) Environmental impact c) Uncertainty Q9) How much finance is required for expanding business at globalise level? a) Below £3000 b) £3000- 5000 c) Above £5000 Q10)What is the recommendation through whichWahaca restaurant can expand business successfully at globalised level? TASK 3 P5 Research and data using appropriate tools and techniques Theme1: Concept of globalisation Q1) Are you aware about concept of globalisation?Frequency Yes30 No20
Interpretation: From the above chart shows that people are aware about concept of globalisation. Out of 50 respondents, 30 have knowledge related to it. Theme2: Requirement of government support Q2)Doesgovernmentsupportisnecessaryforbusiness expansion at international level? Frequency Yes20 No15 Can't say15 YesNo 0 5 10 15 20 25 30 30 20 Frequency
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Interpretation: As per view of 20 respondents, government interference is necessary. While 15 respondents says no, while remaining have no idea about it. Theme3: Role of departments in international expansion Q3) Which departments plays crucial role in international expansion of business? Frequency Marketing20 Research and development10 Operations5 Sales10 Production5 YesNoCan't say 0 2 4 6 8 10 12 14 16 18 20 20 1515 Frequency
Interpretation: There are different departments in Wahaca restaurant so according to chart marketing department plays crucial role. Out of 50 respondents 20, 10, 5, 10, 5 says for marketing, research and development, operations, sales and production respectively. Theme4: Strategies of foreign country before expansion Q4)Domarketingmanagerhastoanalysestrategiesof foreign country before expansion? Frequency Yes35 No15 Marketing Research and development Operations Sales Production 0 2 4 6 8 10 12 14 16 18 20 20 10 5 10 5 Frequency
Interpretation: As per view of 35 respondents out of 50, they have view that marketing strategies have to be altered. While 15 says there is no need of alteration. Theme5: Economic and ethical impact of globalise activities on marketing department Q5) What is the economic and ethical impact of globalise activities on marketing department of Wahaca restaurant? Frequency Cost20 Competition12 Technology8 Cultural policies10 YesNo 0 5 10 15 20 25 30 35 35 15Frequency
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Interpretation: There are some impact in marketing department with Wahaca restaurant such as cost, competition, etc. 20 respondents says cost, 12 says competition, 8 favours technology, 10 favours cultural policies. Hence cost is the main component which affects marketing activities. Theme6: Key implications in globalising business at international level Q6) What are the key implications faced by managers of Wahaca restaurant in globalising business at international level? Frequency Increasing trade across the world15 Labour migration between countries15 Competition with global brands10 expansion through foreign direct investment10 CostCompetitionTechnologyCultural policies 0 2 4 6 8 10 12 14 16 18 20 20 12 8 10 Frequency
Interpretation:Therearesomekeyimplicationsduetobusinessexpansionat international level by Wahaca restaurant. Out of 50 respondents 30 favours for Increasing trade across globe, migration between countries equally. While 20 favours for competition and foreign direct investment equally. These factors are beneficial for Wahaca restaurant as well as country. Theme7: Benefits of business expansion at international level Q7) What are the benefits which Wahaca restaurant can avail in global expansion of business? Frequency Profit enhancement25 Technology up-gradation10 Improve brand reputation15 Increasing trade across the world Labour migration between countries Competition with global brands expansion through foreign direct investment 0 4 8 12 16 1515 1010 Frequency
Interpretation: Business expansion at globalised level is beneficial for organisation. Above graph shows out of 50 respondents 25 favours for profit enhancement, 10 favours for technology up-gradation and 15 favours for brand enhancement of Wahaca restaurant in industry. Theme8: Issues are faced by managers of Wahaca restaurant Q8)WhichissuesarefacedbymanagersofWahaca restaurant in operating business at international level? Frequency Increased competition25 Environmental impact15 Uncertainty in consumer demand10 Profit enhancement Technology up-gradation Improve brand reputation 0 5 10 15 20 25 25 10 15 Frequency
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Interpretation: Business expansion at international level is not easy task. There are some issues which is faced by managers ofWahaca restaurant. Above graph shows that out of 50 respondents 25 favours for increment in competition, 15 have view problem of environmental aspect and remaining 10 have view related to uncertainty in consumer demand. Theme9: Requirement of finance Q9) How much finance is required for expanding business at globalise level? Frequency Below £300010 £3000- 500025 Above £500015 Increased competition Environmental impact Uncertainty in consumer demand 0 5 10 15 20 25 25 15 10Frequency
Interpretation: Increment business at international level is not possible without funds, so it is responsibility of managers of Wahaca restaurant to plan finance through internal or external sources. Above graph sows that according to 10 respondents Below £3000, 25 respondents have view for financial resources of £3000- 5000and remaining 15 candidates have idea of requirement of Above £5000. P6 Appropriate recommendations as a result of research and data analysis Whileconductingthisproject,therearesomerecommendationwhichhastobe considered by managers of Wahaca restaurant. Managers of Wahaca restaurant are thinking to exp[and business and there are some changes which has to be made in marketing activities such as use of latest technology. Some recommendations are as under- There must be use of more social media, so managers of Wahaca restaurant have knowledge related to foreign country's trend. There must be provision of feedback so review regarding restaurant, dishes, ambience can be known. Inordertoexpandbusinessatgloballevelsmoothly,managersmustunderstand government policies with the help of legal practitioner. This helps them in less political interference and hence brand image can be maintained. Below £3000£3000- 5000Above £5000 0 5 10 15 20 25 10 25 15 Frequency
Managers of Wahaca restaurant must use more innovative approaches which assists in satisfaction of consumer demand and maintain long term relations with consumers. Finance must be collected from external sources because this gives spirit of performing up to the mark to managers of Wahaca restaurant because they have to pay it back. Marketing manager has to analyse cultural values of foreign country and then framing marketing strategies. This helps to provide familiar feeling to consumer at foreign country. There must be some decision making rights to employees so they can use best approach to deal with situation. With decision making power, responsibilities are also assigned and it must be judge that they are responsible for outcome. TASK 4 P7 Value of undertaking the research to meet stated objectives With the help of above research, aims and objectives are achieved. We are able to enhance knowledge related to globalisation and strategies to be farmed to expand business at international level. While performing this research I used questionnaire for collecting data. This method helps us to know respondent's view personally. I have good and hard working team which helps me to complete research on time because they are delegated. Team takes takes initiatives to perform research in appropriate manner. Apart from this there are some implication which I faced in while performing this research. There is lack of funds which affects my research project adverse. Iwas working as assistant of team leader, so sometimes I have to wait for revert from team leader. Due to this I miss many good opportunities. With the help off thematic approach reader is able to understand concept of question. I am able to achieve aims and objectives of this research with the help of my team. This knowledge about globalisation helps me to enhance my career in near future. CONCLUSION From the above discussion it is clear that globalisation means operating business at international level. It is important to make policies according to it so business expansion can be possible and positive results can be achieved. Project management plan is the technique through which planning related to project such as scope, cost, etc. There are many activities in project with the help of work Break down structure is used. There is specific time for starting and completion of project. This is relevant for completing project on time. In this research qualitative
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research is used which helps to get proper and bias free interpretation. Data collection, data sampling are some activities which has to be conducted by researcher so goals and objectives can be achieved. Questionnaire is used for collecting data from 50 employees. Project aims and objectives are achieved and it is easy to enhance knowledge about globalisation.
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