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
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
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 topicpositive 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 analysedwhereappropriategraphwillbeprovided.Findingswillbeexplainedthrough 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, corporatebanking,wealthmanagementandinvestmentmanagement.Therefore,withthe 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
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 ofpositive 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: 11What is concept of globalisation? 11What are the positive impact of globalisation on different business function? 2
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