Managing a Successful Business Project Plan of Tesco

Added on - Nov 2020

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MANAGING ASUCCESSFUL BUSINESSPROJECT
Table of ContentsINTRODUCTION...........................................................................................................................1Background of the study............................................................................................................1Rationale.....................................................................................................................................1AIMS & OBJECTIVES...................................................................................................................2PROJECT MANAGEMENT PLAN...............................................................................................2TIME SCALE..................................................................................................................................3REFERENCES................................................................................................................................5
Topic: “to identify the risk and benefits of joint venture business for entering into internationalmarket- A case study on TescoINTRODUCTIONJoint venture is the type of business where arrangement is agreed between two or moreparties in order to develop the best type of resources and specific task. This is the business whichusually offers great benefits. With this business, there are also certain risk which is generally asort of highly complex. Therefore, in this report researcher has selected topic to identify risk andbenefits which is associate with the business of joint venture (Sadgrove, 2016). Firstly, in thisreport aim and objectives will be discussed.Study will also include the detailed informationabout the different methodology used by scholar for accomplishing desired aims and objectives.1. BriefBackground of the studyA joint venture is the type of business which helps business to grow faster which alsoincrease productivity and generate higher amount of profits. In this report, research study isdeveloped with the case study of Tesco organisation,who wants to set its business across theworld and mostly it has launched joint venture business in Japan (Burns, 2016). Therefore,globalisation is the factor which benefited all the companies in order to expand their businessglobally.There are different types of joint ventures these are limited corporations, such types ofJoint venture are formed when companies form agree to collaborate with other firm in specificmanner. The other form of joint venture is separate joint venture business, it involves basicallyestablishing new organisation for handling a specific contract. There is high risk of conflict incontext of Joint venture business. The major benefit of Joint venture business is that it assist firmin increasing productivity. It also provides organisation an ease in accessing to new market.RationaleThis research paper has been developed with the proper guidance of tutor where researchhas been conducted on the risk and benefits which associate with the joint venture business forexpanding business internationally. The topic has been selected in order to develop betterunderstanding the globalisation with respect to business of joint venture internationally. Thisresearch will help in eliminating gap to write literature and will also help in improving academic1
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