MANAGING SUCCESSFUL BUSINESS PROJECT INTRODUCTION 3 P 2 Aims and Objectives of the Project 3 P 2 Project Management Plan 5 P 3 Work Break Down Structure 7 P 4 Finding and Discussion Methodologies7 P 6

MANAGING SUCCESSFUL
BUSINESS PROJECT

Table of Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................3
P 1 Aims and objectives of project ............................................................................................3
P 2 Produce project management plan .......................................................................................5
P 3 Work break down structure and Gantt Chart .......................................................................6
..........................................................................................................................................................7
LO 2 ................................................................................................................................................7
P 4 Research methodologies.......................................................................................................7
LO 3...............................................................................................................................................10
P 5 Finding and discussion........................................................................................................10
P 6 CONCLUSION ..................................................................................................................17
LO 4...............................................................................................................................................19
P 7 Reflection............................................................................................................................19
REFERENCES .............................................................................................................................20
APPENDIX ...................................................................................................................................21

Topic – To identify the positive and negative impact of multinational companies on
business environment in China – “The study on Volkswagen group”
INTRODUCTION
Multinational companies are entered in the new market which have the various operations
in the more countries. It operates oversees by setting up the units such as subsidiaries or affiliates
or take over or merges with the local companies. MNCs conducts a significant proportion of their
operations in the other country (Bartlett, 2017). Therefore, it can affect and influences on the
other countries economic entire environment in both negative and in positive ways. MNCs
benefit from the lower cost and grant given by the government of developing countries in order
to attract these. That cane help to reducing poorness, dynamic economic development, making
tasks by utilizing the localised people, rise employ standard through paying improved wages the
localised firms pay. In additionally, that can rise economical growth via standard transferee
practical application as well as cognition, develop and build up infrastructure, increase people
standard of living. This gives positive impact on economical development, exportation based
industrialization, capital formation and practical application, research and development process.
Other hand it will give the negative impact such as keep independent improvement, escape of
capital, exploit workers and surroundings pollutions. By this MNCs is give the negative and
positive impact on the business and its environment.
In the present research, Volkswagen group is being chosen their assessment. Volkswagen
group is the German international automobile production organization. It designs, producers and
distributes traveller, commercial vehicles, motorcycles, engines and various services to peoples.
It is world's biggest automotive company by sales. The group is operates 122 production plants
in the 20 countries. It has the 302554 numbers of employees with the 11.844 net income in
2018.
LO 1
P 1 Aims and objectives of project
Aim
To identify the positive and negative impact of multinational companies on business
environment in China – “The study on Volkswagen group”
Objectives

 To understand the conceptual of globalisation in context to Volkswagen
 To determine benefits to business environment by multinational company entering in
China
 To examine the negative environmental impact of Volkswagen’s operations in China
 To recommend effective solutions for minimising negative effect of multinational
companies on business surroundings.
Research questions:
1. What is the concept of globalisation?
2. What are the benefits of multinational company in business environment in china?
3. What factors are the impact of Volkswagen operations is affecting to business
environment?
4. What are the recommendation for minimising the negative impact of multinational
companies?
Research Background
The background of the research is to determine positive and negative effects of
multinational companies on business surroundings of China. Research is based on Volkswagen
group. Research will identify importance of the multinational companies across the world and
how they are impacting the market of China. It tends to create an understanding of the Chinese
market and what are the recent changes which have greatly influenced the market of China
(Binder, 2016). The research is going to involve related studies of the Chinese environment and
its car makers. The chosen organisation for the research is Volkswagen. The company is one of
the largest car makers based in Germany. The research will evaluate the importance of car
making industry and how the car making industry is being greatly influenced by the choices of
the consumers.
Rationale
The reason behind choosing the topic is to measure effect of multinational companies on
business atmospheres of China. The report will evaluate the basic understanding of the Chinese
market and how it operates. It will increase deeply knowledge about evaluations of Chinese car
makers and how they tend to earn their profits. The topic will provide an understanding of the
performance of car makers and in what manner the Chinese market is developing itself in order
to serve the needs of its car makers.

P 2 Produce project management plan
Project Management Plan
This is considered as the very essential part while conducting research on given topic or
study. This is a document which is used for guiding the execution of the research study and also
for effectively controlling the project (Boyle, 2017). The important aspects and components of
project management plan are standard regarding range, price, program, quality, risk, resources as
well as communication. Following are given the elements that are used while preparing a project
management plan:
Cost: fundamental work of researcher is to set the cost of budget for the project for
completing the overall study. Project management costing is required in relation to move out the
different research actions effectively. In relations to effectively organize the present research,
£5000 are required for reaching the aims and objectives and also for performing required
activities and tasks. The impacts of multinational company is a broad concept which requires
researcher to study all required narrow aspects in authentic and relatable way. Utilization of
appropriate cost of resource which help to attain the result of research.
Quality: This is also a very essential aspect of the research study while reaching to the
aims and objectives. The data or information that is gathered by the researcher should be
authentic, reliable and relevant so that it can effectively resolve the research issues. Researcher
also ensures that quality is maintained effectively while collecting information and also in its
interpretation (Farmer, 2017). Utilization of appropriate quality of resource which help to attain
the result of research.
Resources: Adequate and relevant resources are needed for conducting whole research in
systematic and effective manner. The quality of research study will get affected due to
unavailability of adequate and relevant resources. Utilization of appropriate resource which help
to attain the result of research.
Communication: This aspect is considered as the backbone while conducting the
research study on specific topic. There needs to be effective communication in different
functional units of business and various other relevant activities related to entering in different
and new markets. Researcher will make use of emails and circulars in order to have effective
communication. Utilization of appropriate communication which help to attain the result of
research.

Risk: proper assessment of risk factors need to be done while conducting the research in
effective and systematic manner as it will help both the organisation and researcher for
maintaining effectiveness of the research study. There are many risks that can be present such as,
theft of data, issues related to security, etc. Therefore, researcher focus on ensuring and
mitigating the risk through proper management planning (Glukhov, Ilin and Levina, 2015).
Determining risk factor appropriately which aid to achieve outcome of study.
P 3 Work break down structure and Gantt Chart
Task
Mode Task Name Duration Start Finish Predeces
sors
Auto
Scheduled Market Identification 12 days 03/12/18 16/12/18
Auto
Scheduled Market Selection 14 days 16/12/18 30/12/18 1
Auto
Scheduled Conduction Market research 11 days 31/12/18 10/01/19 2,1
Auto
Scheduled
Formulation of objectives and
goals 10 days 26/12/18 03/01/19 2
Auto
Scheduled
Audience identification in new
market 8 days 08/01/19 15/01/19 3,4
Auto
Scheduled Marketing plan creation 10 days 15/01/19 25/01/19 3
Auto
Scheduled
Implementation of marketing
plan 15 days 25/01/19 09/02/19 5,6
Auto
Scheduled Product Testing 14 days 09/02/19 22/02/19 7
Auto
Scheduled Final Product Launch 7 days 22/02/19 01/03/19 8