Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 Project aim and objectives..........................................................................................................1 Project Management plan............................................................................................................1 Produce a work breakdown structure and Gantt chart...............................................................3 TASK 2............................................................................................................................................6 Carry out a research by applying qualitative or quantitative research method...........................6 P5 Analysing the research data..................................................................................................9 TASK 3..........................................................................................................................................19 Recommendations.....................................................................................................................19 TASK 4..........................................................................................................................................25 Reflection..................................................................................................................................25 CONCLUSION..............................................................................................................................27 REFERENCES..............................................................................................................................29
Title: “The Positive economic, cultural and etical impact of globalisation on marketing and Human resource within Marks and Spencer” INTRODUCTION In this era of globalisation, every company wants to be on top and gain high competitive advantage as well. Therefore, the report main aim is to determinethePositive economic, cultural and etical impact of globalisation on marketing and Human resource within Marks and Spencer” .The chosen firm for this report is Marks and Spencer, which is retail firm in UK and as it wants to expand at global level,thereport will help to describe the task direction idea that includes cost, quality, communication and scope. Further, by using primary research, report will help to attain the aims and objectives and then provide recommendations as well. TASK 1 Project aim and objectives Aim: “To investigate thePositive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer” Objectives: To understand theidea ofGlobalization. To determine the positiveeconomic, ethnic and social impactof globalization on Marketing and Human Resource functions of Marks and Spencer. To suggest the ways through which company can gain economic benefits be expanding at global level. Background:Economic process is the simple process of action and desegregation of different institution at intercontinental plane. Further, while operating globally, the company also faces different issues regarding communication barrier and economic factors, cultural issues. In the same way, study is also based upon the some key aspect and their impact which affect positively while company operating globally. The report is based upon a case study of Marks and Spencer, which isstar retail marque inUK and currently it has more than 900 stores at worldwidelevel.Inthesameway,researchreportassisttodescribethekeyaspectof globalization such aseconomical, ethnic and rightand its impact upon theconcern role as well. Project Management plan Project Purpose:The main purpose of the report is to describetoPositive economic, cultural 1
and ethical impact of globalisation on marketing and Human resource within Marks and Spencerso that it caneasily grow its business at world planeand determine the actual resource, cost and quality of material that is required for the completion the project (Brenkert, 20196). Project Cost:It is the overall project cost which is required in order to complete the project and that is £650. No.DetailsAmount 1Stationery£100 2Wages£250 3Travelling£60 4Contingency expenses£80 5Other expenses£160 Total£650 Project Scope:This research report helps to determine the positive impact of economic, cultural and ethics upon business function. The scope of this project is such that it helps in the expansion of business and determine theways through whichthe business can operates at global level. Such that it will also help a business to quick access different positive key aspect that helps a business to provide success (Kerzner, 2019). ProjectTime frame: The time frame for this research project is 12 weeks from the 4thJune onwards. Project quality:Quality is vital becauseithelpsto maketheproject successfuland measurable. Such that the tools and techniques which are used during the project should be in measurable terms and the resources which are used must be in good quality so that it helps to attain thepurpose of the research (Werhane, 2019). Project communication: It is the main key element of the report in which a poor communication makes the plan unsuccessful and project success is also depend upon an effectivecommunicationandimprovingthecommunicationhelpsto maximizesthesuccessandminimizesrisk.Thusaneffective communication will help to complete the research report (Fleming, 2019). Further, the project manager should contacts to stakeholders and when the issue arises, they should try to solve this for the completion of the research report. 2
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Project Risk:No.Risk / IssueProposed Solution 1Absence of high staffAn alternative staff members should be hired to cope this situation. 2Lackofcooperationon part of team members due toleadershipstyleof Project Manager Theprojectmanagershouldopt situationalorcontingencyleadership style that helps to maintain cooperation. 3Owingtocircumstances beyond your control you fail to deliver the project toM&Sintheagreed period of time. Work schedule should be followed and every task should be done at prescribe deadline (Kliem and Ludin, 2019). 4Poor communicationTrainingandmeetingsshouldbe conduct for effective interaction. Project Resources: The research report require some physical resources such as chair, desk and stationery in order to complete the report. On the other side, it also require human resource such as administrator, accountant who help to reach the aimandobjectivesinprescribedeadlines.Moreover,somefinancial resources which is as describe in the budget is also required for completion of aim and objectives. Produce a work breakdown structure and Gantt chart Work breakdown Structure: 3
Illustration1: work breakdown structure Gantt Chart: 4
5
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TASK 2 Carry out a research by applying qualitative or quantitative research method Quantitative researchQualitative Research ThisIsusedtodevelopthe understandingonhumanandsocial science in order to determine the way people think(McNabb, 2015). This is Subjective approach and inquiry is process oriented. This method is used to generate the numerical data and some hard facts by using some logical and mathematical techniques. Itisobjectiveapproachandresult oriented Research Philosophy:It is the content active the mode in which the data is gathered and analysedand even it is mainly help to reflect the researcher's assumptions (Harris And et.al., 2019). Thereare four sorts of Research Philosophy such as Interpretivism, Realism, Pragmatism and Positivism. Among all, researcher chooses Interpretivism research philosophy because it involves researcher toconstrue the component of a survey and this also incorporate the quality curiosity into a study. Further,this also helps to accomplish the purpose such as to Positive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer(Research philosophy,2018). Research design:It is the set of methods and process that is used to implement the plan and also ensures that the data that will obtain will help to answer the questions. Further it also refers to the overall strategy that is used to integrate the different components to ensure that the aim and objectives are attain.It is of two types such as exploratory and conclusive research design. Among two, researcher chooses descriptive research design under exploratory research design that helps to generate the insights about the situation and provide hypothesis results. This method further assist to attain the aim i.e. to investigate theaPositive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer 6
Data Collection:It is the systematic approach that is used too collect or analyse the data from different sources in order to complete the project. Further, there are two types of data which is used by the researcher such as primary data collection and alternate collection aggregation (Ferrell and et.al., 2019). In primary methods, the information is directly obtain from the first hand source such as surveys and observation and on the other side, secondary data collection methods are those information which is collected from articles and books and newspaper. Therefore, researcher will chooses both type of data collection methods in order to achieve the aim that isPositive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer. DataAnalysis:Itistheprocedureofexamine,analysingandtransformingthe information with a purpose of cover some useful information and also support the decision making as well. There are two types of information investigation, qualitative and quantitative data analysis (Bell, Bryman and Harley, 2018). For the research report, researcher chooses thematic under qualitative data analysis because it helps to collect the information in non- numeric form and to attain the aim of report i.e. to investigate thePositive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer. Sampling:It is the simple procedure that is in use in which a preset figure of observation is taken from the large grouping of people. There are two kind of choice such that probability sampling and non- probability sampling (Khan and Naguib, 2019). Among this, researcher chooses simple random sampling under probability sampling and chooses 20 managers of Marks and Spencer to order to accomplish the aim such that to investigat Positive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer Ethical Consideration: The participants should not be subject to harm in any ways. The investigator should also get full permission from therespondents to a study (McNabb, 2015). Adequate level of confidentiality should be maintained and there should not be any miscommunication or mislead the information. Data privacy act should be followed while representing the data. 7
Questionnaire Questionnaire Name: Age: Gender: 1 Are you aware with the concept of globalization? Yes No 2.Does company facing any ethical issues in its marketing functions? Yes No 3. Do you think M&S policy is eco- friendly and accommodative to employees with different cultural orientation? Yes No 4. Are you comfortable with the working culture of Marks and Spencer? Yes No 5. Did the HR of the firm uses effective strategy for enhancing the company's current situation? Yes No 6. Does HR of Marks and Spencer policies follows the laws and regulation in ethical manner? Strongly agreed Agreed Disagreed Strongly disagreed 7. Do you think that the organization is operate in socially responsible manner? Strongly agreed Agreed Disagreed 8
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Strongly disagreed 8. Are you satisfied withthe rules and regulation of Marks and Spencer? Strongly agreed Agreed Disagreed Strongly disagreed 9. Which of the following types of misconduct were you suffering from? Abusive behaviour Safety violation Stealing None of these P5 Analysing the research data Theme 1: Majority of managers aware of theconceptionof Globalization 1 Are you aware with the concept of globalization?Frequency Yes16 No4 9
Interpretation:From the above, ithas been understood that bulk of the director of Marks and Spencer says that they know the concept of globalization, it is so because the quoted firm is operating at global level. Out of 20 managers, 16 respondents states that they know the concept of globalization while only 4 states that they did not know about it. Theme 2: Majority says that company facing any ethical issues in its marketing functions. 2. Does company facing any ethical issues in its marketing functions?Frequency Yes18 No2 10 YesNo 0 2 4 6 8 10 12 14 16 16 4 Column B
Interpretation:from the above graph, it has been taken that majority of managers are in favour that company facing some ethical issues in its marketing functions such that out of 20 managers 18 managers says that ethical issues affect the business of Marks and Spencer while only 2 respondents states that it dos not affect the business. This shows that ethical issues creates positive as well as negative impact upon the business performance while marketing any specific products in market. Theme3: Majority of the manager are in favour that M&S have eco- friendly policy 3. Do you think M&S policy is eco- friendly and accommodative to employees with different cultural orientation?Frequency Yes19 No1 11 18 2 Yes No
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Interpretation:from the above graph, it has beenunderstoodthat majority of the managers are in favour that the company's policy is eco- friendly that helps to creates positive impact upon customers. Out of 20 managers, 19 respondents response thatM&S policy is eco- friendly and accommodative to employees with different cultural orientation, while only 1 respondents is not in favour of it. Thus,it shows that the policy of the firm is help to prevent the environment and also help to adjust their employees with different cultural dimensions as well. Theme 4: 100% managers says that they are comfortable in the working culture of M&S. 4. Are you comfortable with the working culture of Marks and Spencer?Frequency Yes20 No0 12 Yes No 02468101214161820 19 1 Column B
Interpretation:from the above, it has beenunderstoodthat 100% respondents are on favour that they are quite happy and comfortable in the working culture of company that clearly shows that it has diverse workforce and have good team performance which further assist a business to operate globally in successful manner. Out of 20 managers, all 20 respondents are in favourthattheyfeelcomfortableinMarksandSpencerbecauseithasgoodworking environment with better leaders and team who always help a business to attain the aim and objectives of a quoted firm. Theme 5:HR of the firm uses effective strategy for enhancing the company's current situation 5. Did the HR of the firm uses effective strategy for enhancing the company's current situation?Frequency Yes18 No2 13 YesNo 0 2 4 6 8 10 12 14 16 18 2020 0 Column B
Interpretation:From the above graph, it has been analysed that HR of the firm uses effective strategy for enhancing the company's current situation Out of 20 managers in Marks and Spencer, 18 states that the HR of the firm uses effective strategy for enhancing the company's current situation and only 2 states that it did not. This clearly shows that the company has effective strategy that will help a business to stay ahead in the competition and also enhances its brand image as well. Theme 6:Majority of managers are in favour thatHR ofMarks and Spencer policies follows thepolicy in effective manner. 6.Does HR of Marks and Spencer policies follows the policy?Frequency Strongly agreed14 Agreed3 Disagreed3 Strongly disagreed0 14 18 2 Yes No
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Interpretation:From the above graph, it has been understood that HR of the company also have ethical standard and at the time of recruitment and selection, the business policies are applied in strict manner which means that there is a fair treatment of all the candidate when the appointment is made. Out of 20 managers, 14 respondent are strongly agreed that the business follow the ethical standards and 3 respondent are agreed that it business operation are in favour of ethical manner. While on the other side, only 3 managers disagreed that the it does not follow any ethical standard. Theme 7: Majority says that M&S is operated in social responsible manner. 7. Do you think that the organization is operated in socially responsible manner?Frequency Strongly agreed17 Agreed2 Disagreed1 Strongly disagreed0 15 Strongly agreed Agreed Disagreed Strongly disagreed 02468101214 14 3 3 0 Column B
Interpretation:Majority of managers are in favour that the Marks and Spenceris operated in socially responsible manner globally, which means that an organization that is ethical by means is the first choice of the employees and in the same way,the quoted firm is also operating and follow the CSR that creates positive impact upon the employees and business. Such that out of 20 managers, 17 respondent response that the company operates in socially responsible manner while 2 among them are agreed but only 1 manager disagreed that the business is not operates in social responsible manner. Theme 8: Majority of managers are satisfied withthe rules and regulation of Marks and Spencer 8.Are you satisfied withthe rules and regulation of Marks and Spencer?Frequency Strongly agreed13 Agreed5 Disagreed2 Strongly disagreed0 16 17 2 1 Strongly agreed Agreed Disagreed Strongly disagreed
Interpretation:From the above graph, it has beenunderstood thatmajority of managers are in favour that the change in organization policy will help a business to lead it further level of success. Such that out of 20 managers, 13 managers are strongly agreed while 5 are agreed that the business policy change procedure. But only 2 respondents are disagreed such that they are not satisfied withthe rules and regulation of Marks and Spencer Theme 9: Managers says that they did not face any misconduct in working place. 9. Which of the following types of misconduct were you suffering from?Frequency Abusive behaviour2 Safety violation2 Stealing0 None of these16 17 Strongly agreed Agreed Disagreed Strongly disagreed 0 2 4 6 8 10 12 14 13 5 2 0 Column B
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Interpretation:As majority of managers are in favour that they did not feel any misconduct in the working place of Marks and Spencer that clearly shows that the working culture of the company is quite good and all the employees of the firm are comfortable at the workplace. Out of 20 managers, 16 respondents responses that none of them faces any misconduct in the working place, while 2 states that they faces abusive behaviour and 2 states that they feel safety violation at working area of the company. Therefore, majority of them are in favour that they do not face any misconduct at work place of Marks and Spencer. 18 2 2 16 Abusive behavior Safety violation Stealing None of these
TASK 3 Recommendations 19
20
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TASK 4 Reflection Project TitleTo investigate thePositive economic, cultural and ethical impact of globalisation on marketing and Human resource within Marks and Spencer” project accomplish12 weeks Aims successful ? How ?Yes, because majority of respondents are in favour thatthecompany has Marks and Spencer follow all rules, adhere the laws and regulations. evaluation and assessmentRisks: Absence of high staff impact:createsnegativeimpactuponbusiness project. Thingsthataregonewellduring project? Thingsthatworkedwell:thedeadlineofthe project sources is meet properly Reasons they worked well: it is so because of having sufficient knowledge. 24
Evaluate two aspects of the project? Evaluation of 2 aspectsofthe project AspectsStrong points (advantages) Weak points (disadvantages) ActivitiesAimand objectives Time scale OutcomesAchievedDelay the projcett Problems issue during the project and Provide solution? Limited resources and lack of information is the problem that emerged and by using internet and through primary research, it can be resolved timely identification and resolution of issues?yes Learning?I learn different things that help me to enhance my currentknowledgeregardingethicalstandards whichneedstobefollowbyeverybusiness. Further, through this research, I also learn that to run a business at global level, there is a need to determine all the economical, cultural and ethical consideration because it creates both positive as well as negative impact upon business function. In addition to this, my overall experience during the project is good such that I raise my research skills and also determine different methods which are used to make the project successful (Crane and Matten, 2016) RateyourperformanceasaProject Manager 7 out of 10. strengths and weaknessesI raise my research skills and also determine different methodswhich are used to make the project successful and I also feel that I have lack of research skills which needs to be improved for my future projects and this raise my overall knowledge regardingthebusinessfunctionsofMarksand Spencer. Apart from this, though this is my first project but in my future project, I will always try to complete it in more precise manner so that it assist me to provide exact or correct conclusion as well. 25
supportcontinuousprofessional development? By taking proper and regular review reflection on the task outcomes and the decision-making activity. During the project research,. Even, though, I also analysedthatthemajorityofthemanagersin Marks and Spe4ncer are satisfied with the working culture of the company and this is so because of changing policy and follow the ethical standard at workingplace.Howeverithasbeencritically evaluatedthatOntheotherside,inorderto improvemyfutureprojects,Iwillalsoused quantitative research approach that helps me to provide exact results, as in this research report I usedqualitativeresearchmethodsthatmainly integrateswiththehumaninterestonly.But somehow I am not satisfied with the result because it does not gives exact and correct information or resultthatrelatestomyaimandobjectives (Trevino and Nelson, 2016). Justify the recommendations you made to Marks & Spencer management and learning during the project. Further, it is also recommended to the firm that as MarkandSpencerhavepositiveworking culturethatmeansitsemployeesare comfortable, but on the other side, a firm should also provide training sessions to their employeesinordertomakethemaware about any change in the policy. This will help to create awareness among them regarding any ethical practice which needs to be introduceintheworkingareaofMarksand Spencer. CONCLUSION From the above study it has been concluded that through qualitative data methods,the research aim and objectives are fulfilled and it has been concluded that majority of the respondents are in favour that the company have its ethical standard and diverse workforce, that helps a business for its smooth functioning. Further, it has been concluded that by changing in its 26
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