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Managing a Successful Business Project Assignment - Globalisation

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Added on  2020-11-23

Managing a Successful Business Project Assignment - Globalisation

   Added on 2020-11-23

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MANAGING A
SUCCESSFUL BUSINESS
PROJECT
Managing a Successful Business Project Assignment - Globalisation_1
TABLE OF CONTENTS
TOPIC..............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
Background of the study.............................................................................................................1
Rationale.....................................................................................................................................2
AIMS & OBJECTIVES...................................................................................................................2
PROJECT MANAGEMENT PLAN...............................................................................................3
RESEARCH METHODOLOGY.....................................................................................................3
FINDINGS AND DISCUSSION.....................................................................................................6
Survey Outcomes:.......................................................................................................................8
Interpretation of survey outcomes:..............................................................................................9
RECOMMENDATIONS...............................................................................................................14
REFLECTION...............................................................................................................................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................17
Managing a Successful Business Project Assignment - Globalisation_2
TOPIC
“To identify the positive economic, cultural and ethical impact of globalisation on
different business functions. A study on Barclays.
INTRODUCTION
Globalisation is the term which has provided huge impact upon in terms of positive,
economic, cultural and ethical business practises (Coulibaly, Erbao and Mekongcho, 2018). It
describes the growing interdependence of the international economies, population and cultures
brought across by cross-boarders. The UK banking sector has emerged as one of the strongest
drivers of UK economic growth. These institutions are supporting major economic growth. This
support results in greater access to capital at lower cost, increase in more competition and
innovations. Therefore, researcher has selected these particular topic positive economic, cultural
and ethical impact of globalisation ion different business functions. In this project firstly, aims
and objectives will be discussed. Further, through questionnaire selected objectives will be
analysed where appropriate graph will be provided. Findings will be explained through
appropriate graphs and tables.
Background of the study
With the development of globalization, major changes have incurred with reference to
positive, negative and cultural. There is huge development in technological advancement which
provided positive impact on production activities of companies. There is huge effect on business
environment which affected lives of animals, plants and human begins, it is a negative impact
and production which developed in accordance with diversified culture is a cultural change. Its
development brought major changes in ethical practices where all the entities preparing their
financial statements with a common global language called IFRS. There is a development in
technologies, transport and communication. In business world, because of globalization, its need
for enterprises in doing struggle for survive in foreign countries get resolved. (Perez, 2017).
In this report, research study is developed with the case study of Barclays banking
institution. It is a British multinational investment bank and financial service company which has
main headquarter in London. This group also provides their services in personal banking,
corporate banking, wealth management and investment management. Therefore, with the
implementation of globalization, financial institution achieved huge growth. It is now considered
as backbone of the economy which provides major economic support for the development of
1
Managing a Successful Business Project Assignment - Globalisation_3
country. Therefore, in this research paper case study of Barclays has been chosen in order
develop better understanding of globalization in business world.
Rationale
This report has been developed with the proper guidance of tutor where research has been
conducted on factor globalization which drive business success. This topic has been selected by
researcher because in order to develop better understanding of positive economic, cultural and
ethical impact on business activities because of globalization (Kinderman, 2018). This is the
term because of which economies have become increasingly integrated and inter-dependent. This
research will help in eliminating gap in writing literature and will help in improving academic
career. For example: Barclays bank has moved its business in global world with effective
strategies where they focus in increase business performance by creating faster growth in
shareholder value. Their motive is to capture customers and make space in the minds of customer
their business in globalized world got success. This strategic practice brought a positive change
in business operations of Barclays entity.
Therefore, this research will provide significant help to another researcher which are
conducting analysis on same line to topic. This will help in saving extra time and to conduct
research which is more efficient to understand. Hence, rationale has been chosen to examine
impact of globalization in terms of political, cultural and ethical praises in business environment.
AIMS & OBJECTIVES
Aim:
To identify the positive economic, cultural and ethical impact of globalisation on
different business functions. A study on Barclays.
Objectives:
To articulate the concept of globalisation.
To identify positive impact of globalisation on different business function.
To determine the challenges faced by banking industry after globalisation.
To give recommendations to Barclays on basis of expansion of business with reference to
global scale.
Research Question:
11 What is concept of globalisation?
1
1 What are the positive impact of globalisation on different business function?
2
Managing a Successful Business Project Assignment - Globalisation_4

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