Table of Contents INTRODUCTION...........................................................................................................................3 Establish the aims and objectives..............................................................................................3 Devise the project management plan.........................................................................................4 Produce work breakdown structure and Gantt chart..................................................................4 .....................................................................................................................................................8 .....................................................................................................................................................8 Demonstrate the data collection and analysis for small scale research information..................8 Analysing research data with use of analytical tools and techniques.......................................10 Communicate appropriate recommendation based on research and data analysis...................19 Reflection on undertaking of research to stated objectives......................................................19
TOPIC-To access the positive and negative impacts of globalisation on different business functions. A case study on Aldi, UK. INTRODUCTION Globalisation can be termed out as process of intensification of economic, social, political and cultural relation across international boundaries (Du Plessis, Varottil and Veldman, 2018). This defined as integration of economies across the global with movement of good and services. In developing countries, globalisation is essential as its provide immense benefits. It aids to have economic growth of country with foreign investment triggering. The beneficiary aspect of globalisation as it allows to have communication between nations, enhance free trade along with technology, Media, education and other resources. The present report based on business activities of Aldi, it is engaged in retail sector and deals in product services of food, beverage, sanitary and household essentials. Furthermore,the researcher will collect the research in terms to obtain information about the positive and negative impact of globalisation on different business function. Therefore, researcherwillcomprehendterminologiesbycreatingrobustargumentinresearchand assignment will also includes timeline of activities in form of Gantt chart. Establish the aims and objectives. The present report will focus over to access the positive and negative impact of globalization on different business functions. It leads to have enhancement in competition and that can be related to cost of commodities and services, adaption of technical advancements, easier production by entities etc (Suhartanto and Leo, 2018). It has wide impact on working of Aldi in manner of steep rise in price of goods and services. As per this context, the aims and objectives are formulated as- Aim The aim of research study is “To access the positive and negative impacts of globalisation on different business functions of Aldi.” Objectives To articulate the concept and importance associated with globalisation. To analyse the positive and negative impact of globalisation on business functions. To identify the challenges faced by management in process of globalisation.
Toprovidesuggestivemeasurestopromotesenseofawarenessininternational corporation, global economic independences and cultural activities. Devise the project management plan. The PMP is defined as project management plan that is a formal and approved document that can be used to define, prepared, coordinate and integrate the carious planning activities. Thus, PMP covered the various aspects as- Cost-This is significant to determine the cost associated with project. Thus, researcher need to identify the cost related with raw material, labor etc. Scope- This is based on identifying the positive and negative impact of globalization on business functions ( Belu, Popa and Filip,2018). Thus, researcher is responsible for to know and maintain the boundaries associated with project. Time-The timeline must be framed out by considering the each activities has to be done in research. Thus, researcher needs to realistic and must remember that project has deadline. Furthermore, this research report will be completed within the period of 80 days. Quality-It is crucial to improvise the quality of projects. This is needed to taken into consideration so that desired objectives relates with research can be achieved. Communication-The essential part of project is to put major focus over scope, deadlines and budget (Thomasz and et.al., 2018.). Thus, lack of communication with individuals relates with research can be a reason to issues.Therefore, project managers must have contact with stakeholders in order to maintain the dignity of this report. Risk and resources- The risk associated with research are needed to be analysed and this must be controlled to ensure the validity of research. The need of resources as man, labour, capital all associated with research report must be analysed. Produce work breakdown structure and Gantt chart. This is one of crucial method that aids to organise and completing work in project. It is body of knowledge that defines the Deliverable oriented hierarchical decomposition of work that has to be implemented by the project team.
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Implementation plan Activities1th Wee k 2nd Wee k 3rd Week 4th Wee k 5th Week 6th Week 7th Week 8th Week 9th Week 10th Week Research topic Literature Review Designingof research methodology Design questionof Illustration1: work breakdown structure
research Carryout Research activities DataAnalysis andits graphic design Conclusion and recommendati on Final Report Editing& Completion Gantt chart- This is useful chart in order to illustrates the planning and scheduling the project activities. Thus, it defines the graphical illustration of schedule that aids to plan, coordinate and track out the specific activities associated with research project. Task ModeTask NameDurationStartFinishPredecessors Auto Schedule d Research proposal2 daysFri 15-02-19Mon18-02- 19 Auto Schedule d Aims and objectives4 daysTue 19-02-19Fri 22-02-191 Auto Schedule d Literature review5 daysMon25-02- 19Fri 01-03-192 Auto Schedule d Research methodologies7 daysMon25-02- 19Tue 05-03-192 Auto Schedule d Data collection8 daysWed06-03- 19Fri 15-03-193,4
Auto Schedule d Data analysis4 daysMon18-03- 19Thu 21-03-195 Auto Schedule d Data interpretation5 daysFri 22-03-19Thu 28-03-196 Auto Schedule d Finding and conclusion2 daysFri 22-03-19Mon25-03- 193,6 Auto Schedule d Recommendations1 dayFri 29-03-19Fri 29-03-197,8 Auto Schedule d Execute the plan1 dayMon01-04- 19 Mon01-04- 199 Auto Schedule d Submission1 dayTue 02-04-19Tue 02-04-1910 Network digram
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Demonstrate the data collection and analysis for small scale research information. Research method is a systematic plan that aids to conduct the research activities in proper manner. It is one of effective procedure of data collection, analysis and interpretation. Thus, its defined in following manner as- Research philosophy-This is term that aids to gather and analyse information relates with the research topic. There are differed types of research philosophies as interpretative, realism and positivism etc. Therefore, interpretivism technique helps to analyse the topic that based on human interest. The positivism technique is based on natural phenomena, properties and relations. In order to determine the impact of globalisation on business operation, the researcher will have the use of interpretative technique. Research approach-This is procedure that aids to collect the research that enables smooth integration of various facts and objectives about the study. Thus, there are basically two approaches as inductive and deductive (Kothari and Lunkad, 2018). Under it, inductive research is based on theories and model and also relates with generation of new theory emerging from data. Therefore, deductive approach relates with aimed and testing of theories between two variables. In order to determine the implication of globalisation on operational functions of business the researcher will have the use inductive technique so that depth and better information can be collected. Data collection-This is procedure that aids to collect the information in terms to access the positive and negative affects of globalisation on operational function of Aldi. Thus, there are two types of methods as primary and secondary (Kalitanyi, 2019). Thus, primary techniques will be in use to collect the fresh data. On the other hand, secondary method can be useful to gather the information that involved the use of data that already being collected with primary research and it can be collected with use of books, online articles, survey, questionnaire method and interview
etc. in order to determine the implication of globalisation on the business functions the researcher will have the use of both primary and secondary technique. Data analysis-This is term that aids to inspecting, cleansing, transforming and modelling the data in terms to collect useful information. There are two method with help of which depth information can be gathered and this are as qualitative and quantitative tool. In addition to it, qualitative method is helpful in order to collect the information with use of unstructured and structured techniques. This is very useful to gather information with use of focus groups, individual interviews and observation. On the other hand quantitative technique will be useful to determine the depth information with use of measurement, statistical, mathematical and numeric analysis. In order to determine the impact of globalisation on function of business enterprise, the researcher will have the use of qualitative techniques. Sampling-It is procedure that is useful in terms to have the selection of techniques for testing and analysing the information. Thus, there are differ type of sampling methods as cluster, probable, stratified and random etc. In order to carry out the present study, the researcher will have the use of sample random technique as it aids to have reduction in the chances of getting the biased outcomes. In order to carry out the present research, the researcher will collect collect the interview of 20 sampled respondents of Aldi. Ethical-This is useful in order to carry out the information in effective manner. Thus, it is crucial to adhere the ethical principles in terms to protect the dignity of information that has been collected by researchers (Das, 2018). Before disclosing any information the prior consent must be taken from respondents. Thus, anonymity and confidentiality must be maintained. Analysing research data with use of analytical tools and techniques. Questionnaire 1. Do you think that political, cultural, economical and ethical impact of globalization has relevant affect on business operations of Aldi. Yes No May be 2. Is cross boarder function of Aldi, leads to enhancement in sales. Yes No
may be 3. Among this following factors, which component has positive impact due to globalization. Enhancement in profitability. Improvise customer satisfaction Increase in profitability International reach 4. Is globalization aids to have economic growth of the country. Yes No May be 5. Do you think Globalization leads to have enhancement in competition. Yes No May be 6. What are the positive impact of globalization on business functions of Aldi. Advanced technologies increased competition investment and capital flows. Increase in trade between nations 7. Do you think globalization aids to helps to enhancement in profitability and productivity of enterprise. Yes No May be Theme 1: Political, economical and ethical impact of globalization has greater impact on operational functions of Aldi.
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Doyouthinkthatpolitical, cultural, economical and ethical impactofglobalizationhas relevanteffectbusiness operations of Aldi.Frequency% Yes1575.00% No315.00% May be210.00% Total20100.00% Interpretation-Based on the above chart it can be interpreted that globalization is a wide term and ethical, economical and positive impact of globalization aids to build better image of enterprise. Thus, 15 responded said that political, economical factors has good impact on functions of Aldi, 3 respondents stated no and 2 are not sure of it. YesNoMay be 0 2 4 6 8 10 12 14 1615 3 2 Frequency
Theme 2: Cross boarder function helps to have enhancement in sales. 2. Is cross boarder function of Aldi, leads to enhancement in sales.Frequency% Yes1785.00% No210.00% may be15.00% Total20100.00% Interpretation-From the above tabular presentation it can be concluded that globalization is one of the effective tool that aids to have enhancement in profitability of enterprise. Under it, 17 respondents stated that cross boarder function of enterprise aids to have enhancement in profitability within the enterprise, 2 stated that no and 1 is not sure of it. Theme 3: The globalization support the firm to have increment in profitability. Yes No may be 024681012141618 17 2 1 Frequency
3.Amongthisfollowing factors, which component has positiveimpactdueto globalization.Frequency% Enhancement in profitability.840.00% Improvise customer satisfaction525.00% Increase in profitability525.00% International reach210.00% Total20100.00% 8 5 5 2 Enhancement in profitability. Improvise customer satisfaction Increase in profitability International reach
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Interpretation-Based on the above chart it can be concluded that globalization has positive impact over the business activities of the enterprise. Thus, there are total number of respondents are 20. In this, 8 stated that it aids to enhancement in profitability of enterprise, 5 said it is helpful in order to improvise customer satisfaction, 5 said it helps in terms to enhance productivity and 2 said it aids to have better international reach. Theme 4: Globalization helps to have better economic growth in country. 4. Is globalization aids to have economicgrowthofthe country.Frequency% Yes1680.00% No315.00% May be15.00% Total20100.00% YesNoMay be 0 2 4 6 8 10 12 14 16 18 16 3 1 Frequency
Interpretation-From the above chart it can be concluded that globalization helps to have better economical growth in country. Thus, there are total number of 20 respondents. In this, 16 stated that it aids to have enhancement in economic growth of country, 3 said no and 1 is not sure of it. Theme 5: Globalization leads to have enhancement in competition between business functions. 5. Do you think Globalization leads to have enhancement in competition.Frequency% Yes1470.00% No315.00% May be315.00% Total20100.00% 14 3 3 Yes No May be
Interpretation-From the above chart it can be interpreted that globalization is helpful in order to have increment in competition. Thus, there are total number of respondents are 20. In this, 14 participants stated yes, 3 stated no and other 3 are not sure of it. Thus, globalization is helpful in order to enhance the competition between firm by reduction in price of commodities. Theme 6: Globalization leads to have positive and negative impacts on business functions of Aldi. 6. what are the positive impact ofglobalizationonbusiness functions of Aldi.Frequency% Advanced technologies735.00% increased competition525.00% investment and capital flows.420.00% Increaseintradebetween nations420.00% Total20100.00%
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Interpretation- Based on above chart it can be interpreted that globalization leads to have positive and negative impact on the working of enterprise. Thus, there are total number of 20 respondents. 7 stated that it is helpful in terms to improvise the advanced technologies, 5 respondents stated that it aids to bring enhancement in competition, 4 stated that it is helpful in making investment and capital flows and 4 stated that it is helpful in terms to enhancement in trade between nations. Theme 7: Globalization aids to enhancement in profitability and productivity within business enterprise. Do you think globalization aids tohelpstoenhancementin profitability and productivity of enterprise.Frequency% Yes1680.00% No210.00% 7 5 4 4 Advanced technologies increased competition investment and capital flows. Increase in trade between nations
May be210.00% Total20100.00% Interpretation- From the above chart it can be interpreted that globalization is helpful in order to enhance profitability and productivity of the enterprise. Thus, there are total number of 20 respondents.Inthis,16respondentsstatedthatglobalisationhelpstoenhancementin profitability and productivity, 2 stated no and other 2 are not sure of it. Yes No May be 024681012141618 16 2 2 Frequency
Communicate appropriate recommendation based on research and data analysis. Based on the above report it can be concluded that Globalization leads to having enhancement in economical growth as it offers more chances to business to get connect with new market across the world. Globalisation develops the opportunity for free trade across the world. The present research was based on“To access the positive and negative impacts of globalisation on different business functions of Aldi.” Furthermore, report has been given major focus over to collect and analyse the information in depth manner with help of research methodologies, the data has been collected with help of use of data analysis. On the basis of above report, the recommendation will be given on the following grounds as- The firm as Aldi should adopt the process of globalisation as it helps to have huge foreign direct investment. Thus, it is helpful in order to boost technology, industrial restructuring and to have better growth of global companies. Entity should adopt globalisation as it enables to large firms to have use of economic of scales that aids to reduction in cost and prices and also helps in having further economic growth (Globalisation - Benefits and Drawbacks,2018). The globalization is need to be adopted as it helps to reaches to competitive markets that aids to have reduction in monopoly profits and incentive business to seek the cost reduction innovation. The adoption of globalisation approach is helpful as it aids to achieve faster economic growth and reduction in poverty. TheglobalisationwillalsohelptoAldi,inordertoenhancedawarenessamong consumers and also leads to have freer movement of labour between the nations. Adaption of globalisation aids to have reduction in high inflation rates. Reflection on undertaking of research to stated objectives. Based on the above report it can be concluded that positive economic, cultural, ethical factors affects the working of enterprise in greater manner. Reflection activity on perfect Student name Project title
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1) List the major steps of the project ?Project limitation-The researcher needs to addressed the aims and objectives on negative and positive impact of globalization. Project plan- I framed the project plan that coversthecost,cost,time,resourcesand quality. Implementation of the project-In order to implement project activities I have framed the implementation plan of 10 weeks. Monitoring and controlling- The activities are needed to be compared on the basis of planned and actual. If there is any deviation then corrective measure should be taken. Project closure-After, making all changes the final submission can be possible as per the implementation plan. 2) What is the most crucial things that learned in this project? With help of it, I came to know about the positive and negative impact of globalisation. In order to carry out the present research I have theuseofinterpretativetechniquessothat depthinformationabouttheuseof globalisation can be determined. 3)whatskilldidyoudevelopduringthe project? What resources required? How many it will be distributed? In this present report, i have framed aims and objetives so that I can able to carry out research activities effectively. I have learnt the benefiotal aspect of globalisationanditsusefulnessin business activities. Thus, activities and time scale must be framed effectively. With the help of this project, I have
improved my coordination skill so that allactivitiescanbeconducted effectively. Resurcesas-Team,USBcable, computer storage etc. 4) Which project management had a chance to do project over again? I need to improve my skill as I have to be more confident in order to express my opinion towards my team. I must improve my coordination with team member and need to focus over multi-tasking performance. I will work in next project as to make proper division of whole task so that better things can be conducted and also tries to improve my writing skill. 5) what would you change of had a chance to do the project over again? I will work as to plan earlier with the project team. 6) what kind of major lesson did you learn from the project? In order to conduct the project effectively, I must planning the activities in proper manner so that success can be achieved. 7) Did project team has a team or not?Yes, project has achieved its all desired plan and activities. 8) Did project team work has a team or not?Yes,I have conducted the depth researcher and it became possible to collect and achieve the aim of report. The entire team has worked and helped in making entire report. 9) Define the factor that has influenced the project success? Thecoordinationbetweenprojectteam member and commitment will influence the whole success of project.
Thus, to determine the impact of globalisation on business functions I have chosen inductive technique that aids to have generalising the theory with help of specific data. In addition to it, the researcher should have the use of primary technique so that better and reliable data can be collected. Lastly, qualitative technique will be adopted in terms to have depth information with use of questionnaire technique. In order to complete this project effectively, I have the use of project management plan so that I can set the deadlines to each activities.
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REFERENCES Book & Journal Du Plessis, J.J., Varottil, U. and Veldman, J. eds., 2018.Globalisation of Corporate Social Responsibility and Its Impact on Corporate Governance. Springer. Suhartanto, D. and Leo, G., 2018. Small business entrepreneur resistance of ICT adoption: a lesson from Indonesia.International Journal of Business and Globalisation.21(1). pp.5- 18. Belu, M.G., Popa, I. and Filip, R., 2018. The Impact of Globalisation on Small and Medium Enterprises: The Romanian Experience.Romanian Economic Journal.(70). Kothari, S. and Lunkad, K., 2018. Impact of Globalisation in the Four Asian Dragons. Kalitanyi, V., 2019. Global Business Environment. InContemporary Multicultural Orientations and Practices for Global Leadership(pp. 1-24). IGI Global. Das, S., 2018. Globalisation and its Influential Factors: An Analysis on India.PACIFIC BUSINESS REVIEW INTERNATIONAL.10(10). pp.120-125. Thomasz, R.J and et.al., 2018. How globalisation affects Singapore's unit labour costs in the manufacturing sector.International Journal of Business and Globalisation,20(1), pp.1- 17. Online Globalisation-BenefitsandDrawbacks.2018.[Online]Available through:<https://www.tutor2u.net/business/reference/globalisation-benefits-and- drawbacks>.