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Multinational Companies and Globalization

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Added on Β 2020/10/04

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The assignment involves conducting a research report on how multinational companies improve the recruitment, selection, and training of their employees to meet international requirements. The researcher uses various methodologies such as interpretive research philosophy, inductive approach, descriptive research strategy, primary data collection technique with survey method, and qualitative method to gather first-hand information through observation and surveys. A sample size of 50 is selected using random sampling technique. Recommendations are provided in the context of the topic of research.

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MANAGING SUCCESSFUL
BUSINESS PROJECT

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Table of Contents
LO 1.................................................................................................................................................3
P1 Devise the background, aims & Objectives. .........................................................................3
P2 Description on project management plan that covers cost, quality, time, resources etc. ......4
P3 Produce work breakdown structure and Gantt chart to provide time-frames and stages for
competition..................................................................................................................................5
LO 2 ...............................................................................................................................................7
P4 Define small scale research with application for meeting aims and objectives.....................7
LO 3 ................................................................................................................................................9
P5 Description on analysis of research and data with use of tool and techniques......................9
Theme 1: Multinational companies aids to enhance profitability by reaching at global level.
...................................................................................................................................................11
P6 Communicate appropriate recommendation as result of research and data analysis. .........18
LO 4...............................................................................................................................................19
P7 Reflection on value of undertaking of researcher to meet stated objectives........................19
REFERENCES..............................................................................................................................21
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Topic- How do multinational companies improve the recruitment, selection and training of
their employees to meet International requirements?
INTRODUCTION
Globalisation defined as process of integration of marketing in global economy that leads
to enhance interconnectedness of national economies. It allows to have greater trade across good
and services at national boundaries (Charles, Schmidheiny and Watts, 2017). This termed out as
free movement of goods, services and people across the global in seamless and integrated mode.
It is one of the crucial concept that aids to enhance technological development of past few
decades.
The present report is based on business activities of Nestle, It is world leading Nutrition,
heath and wellness firm and deals in products as chocolates, drinks and condensed milk etc.
Furthermore, report will cover things as to frame aims and objectives on the topic of
research, the number of research methodologies must be defined to select one suitable method of
collecting data and depth analysis and interpretation must be conducted so that all things can be
carried out effectively.
LO 1
P1 Devise the background, aims & Objectives.
Multinational corporations are firms that set up operations in more than one country.
Globalisation termed out as process in which people, ideas spread throughout the world and there
must be enhancement in economic integration between countries (5 benefits of international
expansion, 2017). Therefore, globalisation refers to fast and steady integration among countries.
Foreign direct investment aids to enhance greater growth, industrial restructuring, helps in
boosting technology transfer, technical innovation and enhancement in growth of global
companies.
This report aids to give the depth insights about the impact of globalisation over
multinational companies. Furthermore, this is defines as integration of the global economy
through which countries get interlink in variety of ways. In addition to it, greater specialisation
enables lower cos and lower price of customers.
AIM
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To access the impact of globalisation on multinational corporation to meet international
requirements. With reference to case study on Nestle.
Objectives-
ο‚· To articulate the concept of globalisation to meet international requirements.
ο‚· To identify the advantage of bringing improvement in process of recruitment, selection
and training of their employees.
ο‚· To explore the issues faced by multinational corporation to reach at global level.
ο‚· To promote suggestive measures in order to have improvement in recruitment, selection
and training of employees to meet international requirements.
P2 Description on project management plan that covers cost, quality, time, resources etc.
Project management plan is kind of formal and approved document that leads to project
executed, monitored and controlled (Crane and Matten, 2016). Thus, it covers the scope baseline,
schedule baseline and cost baseline. It is helpful in order to determine the scope, identification of
stakeholder and aligning all kind of procedures. Thus, project management plans defined in
following manner as are-
ο‚· Project scope- The main aim of report is to determine the impact of globalisation on
multinational corporations. It aids to determine and define the scope of project that aids
to set foundation to have development in project activities. It is plan that covers all
activities that leads to carried out all functions in appropriate manner.
ο‚· Cost- It is term that helps to estimate the cost of project report. Therefore, it is an crucial
plan Thus, all estimation are needed to be done in order to accomplish the all activities in
suitable project duration (Davies, 2016). The cost related to project are mainly divided
into three parts as capital items, expenses and labour etc. with the help of adequate
resource the all activities can be competed effectively.
ο‚· Time- In project plan activities, there are number of things that needs to be assigned
particular deadline (Matveev and et.al., 2016). By assigning this, the things can be
delivered within proper time. With help of having time-frames, there can be ease in
completing the project. Thus, deadline must be realistic so that long term goals relate
with project can be achieved.

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ο‚· Resources- This means things that are required to carry out project successfully. Thus,
man, labour, capital etc. are required to accomplish the all project activities effectively.
All these resources are required to have so that project can get accomplished timely.
ο‚· Quality- The project quality must be maintained so that all things can be carried out
effectively (Neubauer and Lank, 2016). Thus, quality tool leads to carry out the project
activities effectively. In order to build a project management plan effectively, it is
essential to understand the all requirement of project report.
ο‚· Communication- The proper communication must be done between the various
stakeholders. With help of integrating the all things effectively and by making proper
communication the all project related activities must be carried out effectively. Under the
plan of PMP, there must be description on the system of communication and it provides
proper documentation that leads to provide various stakeholders.
P3 Produce work breakdown structure and Gantt chart to provide time-frames and stages for
competition.
Work breakdown structure in project management is one of crucial component that aids
to organise the team work into manageable sections. This can be termed out as deliverable
oriented hierarchical decomposition of work that can be executed by the project team effectively.
Thus, all activities are needed to be frame in following manner as-
Task Mode Task Name Duration Start Finish Predecessors
Auto
Schedule
d
Research proposal 2 days Fri 15-02-19 Mon 18-02-
19
Auto
Schedule
d
Aims and objectives 4 days Tue 19-02-19 Fri 22-02-19 1
Auto
Schedule
d
Literature review 5 days Mon 25-02-
19 Fri 01-03-19 2
Auto
Schedule
d
Research methodologies 7 days Mon 25-02-
19 Tue 05-03-19 2
Auto
Schedule
d
Data collection 8 days Wed 06-03-
19 Fri 15-03-19 3,4
Auto Data analysis 4 days Mon 18-03- Thu 21-03-19 5
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Schedule
d 19
Auto
Schedule
d
Data interpretation 5 days Fri 22-03-19 Thu 28-03-19 6
Auto
Schedule
d
Finding and conclusion 2 days Fri 22-03-19 Mon 25-03-
19 3,6
Auto
Schedule
d
Recommendations 1 day Fri 29-03-19 Fri 29-03-19 7,8
Auto
Schedule
d
Execute the plan 1 day Mon 01-04-
19
Mon 01-04-
19 9
Auto
Schedule
d
Submission 1 day Tue 02-04-19 Tue 02-04-19 10
Gantt chart- This is defined as horizontal chart and also includes the series of activities that are
essential to carried out competed research activities effectively.
Network diagram-
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LO 2
P4 Define small scale research with application for meeting aims and objectives.
It is process that used to gather information for the purpose of making one effective
business decision. Thus, methodologies should be inclusive of research, interviews, surveys and
other techniques that aids to present information on topic of research. Thus, research
methodologies are defined in below contexted manner as-
ο‚· Research philosophy- It is belief with help of which data can be gathered, analysed and
used. It is effective term that works as to deal with source, nature and development of
knowledge (Venkateswar and Bandyopadhyay, 2016). Thus, research philosophy
classified in terms as positivism, interpretative, realism and pragmatism etc. In addition
to it, positivism philosophy is based on knowledge and on natural phenomenon and
relations. On the other hand, interpretive philosophy relies on trained researcher and
human subject and that typically involves the observation and interviews. To get the
depth implication of globalisation on multinational companies the researcher has used
interpretative technique so that aids to integrate the human interest into a study.
ο‚· Research approaches- This is term that is defined as plan and procedure for research
that aids to gather detailed methods of data collection, analysis and interpretation. Thus,
research approaches are classified into two categories as Adductive, inductive and
deductive. The inductive approach relates with emergence of new theories and
generalisation. Abductive research based in surprising faces and puzzle and deductive
approach relates with developing the hypothesis that can be tested during the research
process. To access the implication of present research the researcher has used inductive
technique to generalise from the specific to the general. The main aim of this is to get

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depth description of impact of globalisation on multinational company to meet
international requirements.
ο‚· Research strategy- The term research strategy defined as step by step plan of action that
aids to give proper direction to thoughts and efforts that enables to conduct research
systematically. This is system that helps to produce quality result and detailed reporting.
Thus, research strategy classified as descriptive, analytical, casual experimental,
correlation etc. it is one of the technique that support to give quality result and detailed
reporting. Thus, descriptive technique defined as to get the depth information about the
impact of globalisation on multinational firm to reach at global level. In this, researcher
has used descriptive technique so that detailed information can be collected.
ο‚· Data collection- The term data collection can be defined as process to gather, measure,
collect the information based on variables of interest. In this term, it can be stated that the
accurate data collection is very crucial to get the complete picture of an area of interest.
Thus, method of data collection are divided into primary and secondary. This technique
aids to maintain the integrity of research and to make informed business decision. On the
other hand, primary method can be termed out as to gather first hand information with
use of survey techniques so that reliable data can be generated. In addition to it,
secondary method can be useful to collect the information with help of books, online
articles and journals etc. In this present research, the researcher has used primary
technique.
ο‚· Sampling- This is method that termed out as process, act and technique that is suitable to
conduct statistical analysis on predetermined number of observation taken from larger
population (Waddell, 2017). Thus, the method of sampling classified into categories as
random, systematic, cluster and stratified. Under this, every element of population must
have an equal chance of occurring. Thus, to access the impact of globalisation on
multinational corporation the researcher has used sample random techniques. In this, the
probabilistic technique will be chosen with sample random approach. In this, I have taken
the sample size of 50 respondents as employees.
ο‚· Data analysis- This is process that defined as inspecting, cleansing and transforming
whole information so that one better decision can be taken. Thus, data analysis can be
defined as qualitative and quantitative. The term qualitative research termed out as
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primary exploratory research and this used to gain understanding of underlying reasons.
It aids to develop ideas and hypotheses. The quantitative method work as top collect the
information with help of statistical tool and techniques. In this present research, the
researcher has used quantitative technique.
ο‚· Ethics- It is essential to conduct the method that aids to collect the data with help of
proper dignity, rights and welfare of research participants. In this research, the prior
consent must be taken from the participants from disclosing any information. This is
crucial to protect the anonymity and confidentiality.
LO 3
P5 Description on analysis of research and data with use of tool and techniques.
QUESTIONNAIRE
1. Does Multinational companies earn profitability by reaching at global level.
ο‚· Yes
ο‚· No
ο‚· May be
2. Is Multinational corporation helps to get maximum share in market.
ο‚· Yes
ο‚· No
ο‚· May be
3. What are the beneficial aspect to multinational corporation by reaching at global level.
ο‚· Greater investment
ο‚· Effective market growth
ο‚· Diversification
ο‚· Enhancement in profitability
4. Is globalisation is beneficial to Multinational corporation to have diversification in business
activities?
ο‚· Yes
ο‚· No
ο‚· May be
5. Do you think multinational corporation aids to have economic with meeting international
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requirements.
ο‚· Yes
ο‚· No
ο‚· May be
Theme 1: Multinational companies aids to enhance profitability by reaching at global level.
1. Does Multinational
companies earn profitability by
reaching at global level. Frequency %
Yes 45 90.00%
No 4 8.00%
May be 1 2.00%
Total 50 100.00%
Yes No May be
0
5
10
15
20
25
30
35
40
45
45
4
1
Frequency

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Interpretation- Based on the above report it can be concluded that multinational companies
works as to enhance the profitability of the enterprise. It aids to gain competitive advantage.
Thus, there are total number of 50 respondents. In this, 45 said yes, 4 said no and 1 is not sure of
it.
Theme 2: Multinational corporation aids to enhance share in market.
2. Is Multinational corporation
helps to get maximum share in
market. Frequency %
Yes 42 84.00%
No 6 12.00%
May be 2 4.00%
Total 50 100.00%
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Interpretation- As per the above tabular presentation it can be concluded that by reaching at
global level the market share of multinational corporation tends to be enhanced. Thus, there are
Yes No May be
0
5
10
15
20
25
30
35
40
45 42
6
2
Frequency
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total number of 20 respondents. In this, 42 said yes, 6 said no and 2 are not sure of it. By
enhancement in market share the firm is able to develop its brand image within market.
Theme 3: Effective market growth and enhancement in profitability are beneficial aspect for
reaching international market.
3. What are the beneficial
aspect to multinational
corporation by reaching at
global level. Frequency %
Greater investment 12 24.00%
Effective market growth 13 26.00%
Diversification 12 24.00%
Enhancement in profitability 13 26.00%
Total 50 100.00%

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Interpretation- Based on the above graph it can be concluded that globalisation aids to enrich
market growth in foreign countries. Thus, the total number of respondents are 50. In this, 12 said
it helps to have greater investment, 13 stated that it is beneficial in order to have effective market
growth, 12 responded that it is very beneficial in order to have diversification and 13 said that it
aids to have enhancement in profitability. Herein, it can be stated that globalisation aids to bring
effective and efficient working to firm by reaching at global level.
Theme 4: Globalisation aids to diversified business activities.
4. Is globalisation is beneficial
to Multinational corporation to
have diversification in business
activities? Frequency %
Yes 41 82.00%
No 7 14.00%
May be 2 4.00%
Greater investment
Effective market growth
Diversification
Enhancement in profitability
11.4
11.6
11.8
12
12.2
12.4
12.6
12.8
13
12
13
12
13
Frequency
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Total 50 100.00%
Interpretation- Based on the above tabular presentation it can be concluded that globalisation
aids to diversified into business activities so that longer profitability and productivity can be
generated. Thus, there are total number of 50 respondents. Under it, 40 said yes, 7 said no and 2
are not sure of it. Herein, it can be sated that globalisation leads to have enhancement in
profitability and productivity to the enterprise. By diversifying business activities the firm can
able to conduct is activities in better and appropriate manner.
Theme 5: Multinational corporation aids to enhance economic growth by meeting
international requirements.
41
7
2
Yes
No
May be
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5. Do you think multinational
corporation aids to have
economic with meeting
international requirements. Frequency %
Yes 40 80.00%
No 5 10.00%
May be 5 10.00%
Total 50 100.00%
Interpretation- Based on the above graph it can be concluded that multinational corporation
aids to have enhancement in economic growth by meeting with international requirements. Thus,
there are total number of respondents as 50. In addition to it, 40 said yes, 5 said no and 5 are not
sure of it. Globalisation is term that helps to meet with the international requirement so that each
things can be conducted in better manner and it aids to have increment in economic growth.
40
5
5
Yes
No
May be

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P6 Communicate appropriate recommendation as result of research and data analysis.
CONCLUSION
Based on the above report it can be concluded that globalisation is defined as process that
aids to make better interaction among people, companies and government worldwide. Therefore,
it can be termed out as globalisation has both beneficial and positive impact over the working of
the enterprise. It aids to enhance foreign investment triggering so that firm can able to have
expansion in business activities. In addition to it, it also supports to enhance free trade and
communication between the nations.
The present report was based on business activities of Nestle, it is company that deals in
services of beverages, chocolates etc. Thus, present assignment has covered activities as to
formulated aims and objectives on the topic of research, the number of research methodologies
has defined in order to select one appropriate method of conducting research report and depth
analysis has been conducted in order to interpret the information effectively.
RECOMMENDATION-
On the basis of above report and to determine the impact of globalisation over
multinational companied to meet international requirement are defined in below contexted
manner as are-
Nestle should adopt better human resource personnels so that they can able to hire skilled
employees so that all activities at enterprise can be carried down effectively. With help of
selecting the suitable candidate the enterprise can able to expand its business activities at
international level.
The managers of quoted firm should provide training opportunities to employees and it must be
handled by expert professionals. By enhancing their skill and by providing expertise knowledge
the all activities can be carried out in better manner.
Nestle should able to expand its market share at global level as it allows to have free movement
of goods, services and people across the world. Furthermore, it also supports in order to conduct
the operations in seamless and integrated manner.
Management of chosen firm should process as to hiring the right candidates at the right place so
that all activities and development in commodities can be taken in better manner. By use of it,
services and product can be modified.
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LO 4
P7 Reflection on value of undertaking of researcher to meet stated objectives.
The present report is based on to determine that how multinational companies improve
the recruitment, selection and training of their employees to meet International requirements. In
order to conduct this research report, I have used number of research methodologies so that depth
and reliable analysis can be conducted. In this, I have used interpretive research philosophy so
that better interpretation can be conducted and aids to interpret the elements of study, on the
other hand I have used inductive approach so that it can be possible to gather data that can be
form as specific to general.
In addition to it, descriptive research strategy has been used to gather the depth
information about the impact of globalisation over multinational companies. Hence, I have used
primary data collection technique with survey method so that first hand information can be
gathered with help of observation. Furthermore, I have also used qualitative method so that data
can be gathered by observations and survey. Lastly, sampling as sample random technique has
been selected with same size of 50 and recommendation has been given in terms to topic of
research.
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REFERENCES
Book & Journal
Charles Jr, O.H., Schmidheiny, S. and Watts, P., 2017. Walking the talk: The business case for
sustainable development. Routledge.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate citizenship and
sustainability in the age of globalization. Oxford University Press.
Davies, A., 2016. The globalisation of corporate governance: The challenge of clashing
cultures. Routledge.
Matveev, Y.V and et.al., 2016. Globalization and regionalization: Institution
aspect. International Electronic Journal of Mathematics Education, 11(8), pp.3114-3126.
Neubauer, F. and Lank, A.G., 2016. The family business: Its governance for sustainability.
Springer.
Venkateswar, S. and Bandyopadhyay, S., 2016. Globalisation and the Challenges of
Development: An Introduction. In Globalisation and the Challenges of Development in
Contemporary India (pp. 1-15). Springer, Singapore.
Waddell, S., 2017. Global Action Networks: A Global Invention Helping Business Make
Globalisation Work for All 1. In Globalization and Corporate Citizenship: The Alternative
Gaze(pp. 31-52). Routledge.
Online
5 benefits of international expansion. 2017[Online] Available
through:<https://www.bizjournals.com/bizjournals/how-to/growth-strategies/2017/12/5-
benefits-of-international-expansion.html>.
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