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Managing a Successful Business Project assignment

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Added on  2020-01-07

Managing a Successful Business Project assignment

   Added on 2020-01-07

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MANAGINGSUCCESSFUL BUSINESSPROJECT
Managing a Successful Business Project assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK1.............................................................................................................................................3P1) Clear aims and objectives of the project...............................................................................3P2) Project management plan by the firm...................................................................................5P3) Work break Down Structure and Gantt Charts.....................................................................6TASK2.............................................................................................................................................9P4 Small scale research study of the market by Marks and Spencer..........................................9TASK3...........................................................................................................................................14P5 Analysis of research and usage of data with effective tools................................................14P6 Appropriate recommendations and suggestions of the research study................................15P7) Reflecting the gained value by the project.........................................................................17CONCLUSION..............................................................................................................................17REFRENCES.................................................................................................................................19Books and Journals........................................................................................................................19
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INTRODUCTIONManaging a business in a successful manner means to implement all the managementfunctions into the operation of the organisation. The higher authority and the top levelmanagement have to manage the business in the effective manner so that the goals and theobjectives of firm can be attained in appropriate way and on desired time tenure (Ajmal, Heloand Kekäle, 2010). The management has to properly arrange all the resources required for theactivities and functions of the business. This will help the firm to reduce the cost and wastageand can be able to enhance the productivity and performance of the employees. The workallotment is also an important aspect that has to be considered by the management as toaccomplish the project's aim.Marks and Spencer is one of the multinational retailer in London. It is been listed in theLondon stock exchange. It mostly deals in the clothes, home products and luxurious food items.It is now willing to introduce the CSR activity in the operations of the firm. Its products areserved worldwide hence the responsibility of the firm towards the society increases. TheCorporate social responsibility is the act which helps in the fulfilment of the organisational goalseffectively.TASK1P1) Clear aims and objectives of the project.Corporate social responsibility is the commitment that the organisation does to itself andthe society to to continuously behave in the operations of the firm in the ethical manner and alsoit contributes in the development of the nation in the economical manner. This tools helps thefirm to enhance and improve the quality of the services of the products and the services that areavailed by the firm to the customers. This is the concept which is used worldwide by differentorganisation as to survive and sustain in the market of such big competition (Anderson andAnderson, 2010). The Corporate social responsibility is the aspect which the firm implements toinnovate the ides and the plans of the current running business and also it will help in the solvingof various business problems. The social welfare are the major concern by Marks andSpencer through the implementation of the CSR activity in the firm. The working environmenthas to be improved by the management of the firm which will motivate the employees to performin the best and effective manner in the activities that are allotted to them. This project if
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implemented appropriately then the firm can be able to sustain and grow itself in theinternational market properly and it can also capture the market shares of the untapped market.The long term retention of the customers and the attraction of the new prospects as the customersare carried out through the CSR activity. This project includes various activities that areconcerning the customer's will and are favourable for the society. It helps in the importantaspects that is maintaining and developing a positive and healthy relationship with the customersas well as the employees of the firm (Beverland and Lindgreen, 2010). As to provide the servicesit must be noticed that the customers will not be facing any kind of problems in the products andthe services and also the firm has to consider the availability of the products to the customers.There are some aspects that has to be focused by the firm while carrying out the CSR activitysuch as-1.Responsible investment in the favour of the society.2.Working with the local communities.3.Safety of the natural and environmental factors.4.Effective building of relationship with customers.TopicMarks and Spencer is going to implement the Corporate social responsibility project as toaccomplish the its objectives and aims.AimsThe aim that the firm is having is to avail the best services to the customers. The qualityof the products and the services that the firm is providing to the customers must be satisfying andit must not affect the behaviour of buying of the customers in negative manner. The organisationmust provide the actual needs and the demand that the customers have made.ObjectivesThe organisation is having various objectives as to carry out the CSR activities. Themanpower of the firm must be well trained and the working environment should be appropriateso that employees can be able to deliver the services to the customers in the effective manner(Grönroos, 2011). The revenue of the firm has to be generated in maximum rates.The business has to be expanded by the firm in the untapped market.The opportunities have to be equally provided to the employees.
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