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Managing a Successful Business Project Assignment | Tesco

   

Added on  2021-01-02

19 Pages3849 Words330 Views
Managing a SuccessfulBusiness Project

TABLE OF CONTENTSTOPIC:.............................................................................................................................................1INTRODUCTION...........................................................................................................................1Overview of the company......................................................................................................1Rationale.................................................................................................................................1Aim and Objectives................................................................................................................2PROJECT MANAGEMENT PLAN...............................................................................................2RESEARCH METHODOLOGY.....................................................................................................5DATA ANALYSIS AND FINDINGS............................................................................................7RECOMMENDATION.................................................................................................................14REFLECTION...............................................................................................................................15CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16

TOPIC:“To identify the impact of positive economic, cultural and ethical impact of globalisationon different business function.” A study on Tesco PLC.INTRODUCTIONGlobalisation is the process by which different economies as well as societies becomemore closely integrated and concurrent with increasing worldwide globalisation. The impact ofglobalisation on businesses is multifaceted with both positives and negatives. Political,economical, cultural and ethical are all the factors which are involved in evaluating the impact ofglobalisation. Positive side of globalisation is that it brings productivity, innovation andautomation in the business function. On the other hand, globalisation has leads to raisecompetition in the cost, product, prices, service, target market, adaptation of technology andmany others. This present research paper is based on the impact of globalisation on different functionalareas of the business such as human resource, marketing, sales, operations and production.Further, this research study will identify both positive and negative side of globalisation on thebusiness. Overview of the companyIn this present research, Tesco will be chosen for assessment. Tesco is a public limitedcompany. It is a British multinational groceries and general merchandiser retailer in UnitedKingdom. Company is founded in 1919 by Jack Cohen. Tesco is the third largest retailer inUnited Kingdom. There are 6533 shops of Tesco. The mission and vision of Tesco is to delivervalue to both customers and employees. RationaleAround this topic, the impact of globalisation on the functional areas of business, therehave been extensive investigations are done. Globalisation has leads to both positive andnegative impact on the businesses which has leads to organisation towards the path of expansion.The reason for choosing the topic behind is to evaluate the impact of positive economic, culturaland ethical factors as these are the current drivers of globalisation. In addition to this, anotherreason for choosing the topic is that researcher have a great interest in studying the topicglobalisation and its impact on businesses sectors as well as on the economy. 1

Aim and ObjectivesAim:“To identify the impact of positive economic, cultural and ethical impact of globalisationon different business function.” A study on Tesco PLC.Objectives: To extract the meaning of globalisation. To identify the advantages of positive economic, cultural and ethical impact ofglobalisation on different business function of Tesco.To determine the challenges faced by the organisation after globalisation. To provide recommendation on the overcome the challenges and grab opportunities in themarketplace. Research Question: 1.What is the meaning of globalisation?2.What are the advantages of positive economic, cultural and ethical impact ofglobalisation on different business function of Tesco?3.What are the challenges faced by organisation after globalisation?4.What are the recommendation to overcome the challenges and grab opportunities in themarketplace?PROJECT MANAGEMENT PLAN Project management plan is required for effective execution of project. The following arethe elements which are considered for this research :Cost : For completing the project there will be various cost which will be incurred suchas cost of market research (Hillson, 2017). The researcher for conducting this research will incurcost of about 5000. Scope : The scope of this project is to gather the relevant information to make the studyauthentic so that is its useful for other researcher (Polonsky and Waller, 2018). The projectscope is to achieve the aims and objectives effectively and efficiently.Time : The researcher for completing the project on time will allocate specific time toactivities involved in this project to manage the project so that it is completed on time.Quality : The study will be conducted by maintaining proper quality standards to provideuseful and relevant information regarding the research paper.2

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