International Business and Entrepreneurship

This assignment provides a comprehensive overview of international business and entrepreneurship. It covers the internationalization process, including experiential knowledge and cost considerations, as well as strategies for joint venture success and Asian brand strategy. Additionally, it explores the role of family ownership in international entrepreneurship and the importance of business risk management. The assignment also touches on project management, outsourcing and insourcing, and the Internet of Things (IoT) applications.

Managing
successful Business
Project

Table of Contents
TASK 1............................................................................................................................................3
P1 Aims and objective of the project:.........................................................................................3
Aim: To identify the importance of creating changes in recruitment, selection and training
procedures to meet international requirement.............................................................................3
P2 Project management plan.......................................................................................................4
P3 Producing work breakdown structure and Gantt chart to provide time frames.....................5
TASK 2............................................................................................................................................7
P4 Carrying out small scale research by applying quantitative research method in meeting
aims and objectives.....................................................................................................................7
TASK 3..........................................................................................................................................10
Theme 3: recruitment and selection helpful in Nestle ..................................................................12
P6 Communicating appropriate recommendation of research and data with valid conclusion 17
TASK 4..........................................................................................................................................18
P7 Refection on value of under taking research to meet stated objectives and own learning
performance...............................................................................................................................18
CONCLUSION..............................................................................................................................19
REFRENCES.................................................................................................................................20
.......................................................................................................................................................21

INTRODUCTION
Globalisation is process that defines integration of communication among people,
companies and government at wider context. In toady's context globalisation is determined in
developing and expansion of business so that a particular business can attain enhancement,
productivity and profitability in an appropriate manner. It also help an organisation to attain high
number of customer base along with market share in competitive marketplace. In this report an
organisation chosen is Nestlé, a Swiss transactional food and drink company at wider context of
area. It is deals in variety of products such as baby food, coffee and other product. This report is
going to analysis aims and objectives of Nestlé, as they are improving their recruitment and
selection process in order to attain objectives of international marketplace. Moreover, collecting
and gathering data with proper recommendation and findings as well as conclusion.
TASK 1
P1 Aims and objective of the project:
Aim: To identify the importance of creating changes in recruitment, selection and training
procedures to meet international requirement.
Objectives:
 To identify and analysis concept of international way of recruiting, selecting, training and
development.
 To evaluate advantages and drawbacks in order to implement changes in selecting,
recruiting and training procedures of Nestlé To identify ways by which international advantages can be gained by Nestlé.
Background of the study
In toady's era globalisation is framework that has been evaluated by many organisation
in expanding and developing their business operation and actives in an appropriate manner.
Herein, with such process an organisation will able high customer's base with market share in
competitive marketplace of same industry line. Additionally, in context to Nestlé, a food and
drink based products are offering their services at world wide with 308000 employees and staff
members. Now, they are planning to expand their business at international marketplace with
proper recruiting, selecting right candidates as well as training their employees and staff
members so that goals and objectives can be attained.

P2 Project management plan
Company Name: Nestlé
Project Title: “How do multinational companies improve recruitment, selection and
training of their employees to meet international requirements?”
Aim: To identify the importance of creating changes in recruitment, selection and training
procedures to meet international requirement.
Objectives:
 To identify and analysis concept of international way of recruiting, selecting, training and
development.
 To evaluate advantages and drawbacks in order to implement changes in selecting,
recruiting and training procedures of Nestlé
 To identify ways by which international advantages can be gained by Nestlé.
Cost: Cost is refer to the sum of amount that is need by an organisation or researcher in
completion of project within stipulated period of time. Herein, an organisation are estimation
cost of £1199 for selecting, recruiting and hiring right candidate for an organisation.
Scope: The scope of an organisation is to determine and scheduling task and activities in
an effective manner so that a project aims and objectives can be attained within stipulated period
of time.
Time: Time play's an essential role in competing of project. Herein, a respective
organisation are acquiring 1 year 6 months for recruiting, selecting and hiring right candidate for
completion of project on time.
Quality: It is importance for an organisation to maintain quality of their product and
services in an effective manner so that can attain sustainability for longer period of time. For
such an organisation need to have high skill forced employees and staff member so that their
goals and objectives can be attained as per their need. Moreover, for recruitment purpose they
are hiring experts for a particular team so that they can recruit best candidates as per job
designation.
Communication: communication play's an effective role in circulating information in an
effective manner in order to bring proficiency in workplace. Herein, Nestle are evaluating
meetings and seminars in order to discuss their ideas and views so that suggestion for

improvement can be taken. Herein, an organisation are posting job vacancies on news paper, job
portals etc..
Risk-taking: While operating business risk is associated with each and every level of
operating task. Herein, if an organisation will fail to higher right candidate then they will not able
to fulfil their goals and objectives within estimated frame work.
Resources: It is responsibilities of organisation to make use of availability of resources
in effective manner so that business productivity remain in competitive marketplace. For such
purpose they are providing proper training and development session for their employees and
staff members so that work can be carried out in an effective manner.
P3 Producing work breakdown structure and Gantt chart to provide time frames
Work Breakdown Structure: In project management work based down structure is
defined as system engineering, is a deliverable oriented breakdown of any plan into smaller
parts. Herein, it is an hierarchical decomposition of work which is executed by team member in
order to completion task and activities within stipulated period time. Where as many organisation
are adopting this process of projection with three levels which are sufficient enough to carry
on work. Main motive is to cut down complicity tasks into collection of small work. Whereas for
project manager its easier to go through smaller work as compared to complex work. So that
Nestle can identify requirement of overall expenses which they required to conduct in order to
attain its goals and objectives.

Gantt Chart: Gantt chart can be defined as horizontal bar chart that illustrates a schedule
which helps in planning, coordinate, and track specific tasks in a project. It helps an organisation
to identify the starting point of project as well as competition date of project Modern chart of a
firm indicates precedence network relationship between activities. The main reason behind any
organization is adopting this tool is to plan assigned task and activities within stipulated period
of time. It help to determine how many resources are required and how long assignment will
work. Whereas it is also helpful in managing habituation between the business.

TASK 2
P4 Carrying out small scale research by applying quantitative research method in meeting aims
and objectives
Research methodology: Research methodology is techniques that is used by many researcher in
order to identify appropriate data in estimated manner. It help an researcher to take effective
decision that is are necessary in decision-making process. Many organisation are using different
tools and techniques such as conducting paper research in order to know customer's need, taste
and preferences in effective and systematic manner. Herein, this methodology includes both
quantitative and qualitative methods that are determined below:
Qualitative research method: This method is based on measurements of attributes that
included analysis of market in appropriate manner. Such as collecting and gathering information
by conduction communication and open ended process. Apart from this it includes many other
process such as face to face interview, questionnaire, panel and group interview etc...
Quantitative research methods:Quantitative research methods are based on measurement
of quantity, amount and statistical method that are required to conduct effective results for a
research. Herein, data and information are based on mathematical, calculation and statistical
analysis.
Primary research methods: Primary research are those research which are conducted by
researcher for the first time. The data collected are authenticate in nature though it is one of the
costly and time consuming process. Herein, Nestle are adopting this methodology in order to
have authenticate and appropriate data. For such instance they are investing huge amount and
time for completion of project.
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Secondary research method: Secondary method is one of the easiest and simple
methodology which are preferred by many researcher in order to gather information. This
method is less costly and time saver as compared to primary research. Herein, if Nestle select
this methodology than they can collect information and data easily in very organised and
systematic manner in less duration of time under estimated budget.
Sampling: It is the method that is adopted by many of the organisation in knowing their
sampling size so that their research can be conducted effectively. Eventually, many organisation
can do sampling by having different methods such as systematic sampling, random sampling
stratified or multi stage cluster. Herein, an researcher is adopting random sampling method in
competition of project.
Total population: Total population indicates total number respondent which are
selecting for completing their project and task within stipulated period of time. Herein, total
population selected by a researcher of Nestle are 30 candidates
Sample size: In context to project management sample size are number of sample an
researcher are selecting for their completion of research. Additionally. From such researcher can
identify their effectiveness of their project or to know how successful they are in completing
their project. Herein, organisation have selected 30 respondent that are employees in order to
have appropriate result.
Herein, for identifying effectiveness of training and development at working at international
level Nestle are adopting qualitative method in conducting survey.
QUESTIONNAIRE
NAME:
AGE:
ADD:
GENDER:
MAIL ID:
Q1) Do you have knowledge about concept of globalisation?
 Agree
 Disagree
Q2) Do you think operating at global level will impact on Nestle profitability?
8

 Yes
 No
Q3) Can recruitment, selection and training will help Nestlé while operating at international
level?
 Yes
 No
Q4) What ways of methods an organisation can adopt while training and development process
of employees and staff members?
 On the job training
 Off the job training
 Both
Q5) Will globalisation will impact on adopting changes in recruitment and selection procedure
for Nestlé?
 Agree
 Disagree
Q6) What can be the benefits of acquiring changes in training and development practices?
 Enhance performance of firm
 Improve organisational culture
 Various opportunities of business development
Q7) Do you think human resource mangers of Nestlé will face any difficulties while hiring new
candidates for their project completion?
 Agree
 Disagree
Q8) What tools and techniques can be attained by Nestlé mangers for have appropriate
recruitment and selection process?
 By inviting candidates for recruitment through different sites
 Through campus placements
 Newspaper and job portals
Q9) Dose globalisation will help Nestlé to fulfil its goals and objectives and attain sustainability
for longer period of time?
 Agree
9

 Disagree
Q10) Any suggestion for further improvements....................................................
TASK 3
Analysis & Interpretation:
Theme 1: Awareness of globalisation concept
Q1) Do you have knowledge about concept of globalisation? Frequency
 Agree 20
 Disagree 10
Interpretation: From the above graph it has been stated that globalisation play's an
effective role in expanding business. Herein out of 30 respondent 20 are responding that they
have awareness about concept of globalisation. Where as remaining are responding that they
don't have any idea about globalisation.
10
Agree Disagree
0
5
10
15
20
25
20
10 Frequency

Theme 2: Global level impact on business operation of Nestle
Q2) Do you think operating at global level will impact on Nestle
profitability?
Frequency
 Yes 18
 No 12
Interpretation: In toady's context globalisation have positive impact for many
organisation if they are operating their business at international level. As per the graph it has
been concluded that 18 are agreeing that operating at globalisation level will impact positively
where as remaining are disagreeing that it will have negative impact while operation at
international marketplace.
11
18
12
Yes
No

12

Theme 3: recruitment and selection helpful in Nestle
Q3) Can recruitment, selection and training will help Nestlé while
operating at international level?
Frequency
 Yes 17
 No 13
Interpretation: From the above graph it can be analysed that recruitment, selection
process help an organisation to attain its gaols and objectives in effective manner. But as per
candidates only 18 are saying yes they can help a business in operating business at international
level. Remaining are saying that it will not help it out in performing activities at international
marketplace.
13
Yes No
0
2
4
6
8
10
12
14
16
18 17
13
Frequency

Theme 4: Methods for training and development of employees or staff
Q4) What ways of methods an organisation can adopt while training
and development process of employees and staff members?
Frequency
 On the job training 14
 Off the job training 10
 Both 6
Interpretation: As per the above drawn graph it has been observed that out of 30
respondent 14 are saying that on the job training will be beneficial for an organisation to train its
employees and staff members. 10 are responding that off the job training will be beneficial and
remaining are saying that both the process is effective that can be adopted by the mangers of
respective organisation.
14
On the job training
Off the job training
Both
0
2
4
6
8
10
12
14
16
14
10
6 Frequency

Theme 5: Impact of globalisation for adopting changes in recruitment or selection
Q5) Will globalisation will impact on adopting changes in recruitment
and selection procedure for Nestlé?
Frequency
 Agree 15
 Disagree 15
Interpretation: According to the above drawn graph it has been determined that 15 are
agreeing that an globalisation will impact changes in recruiting and selecting process of Nestle.
While remaining are responding that it will have negative impact while expanding business at
international level.
15
Agree Disagree
0
2
4
6
8
10
12
14
16 15 15
Frequency

Theme 6: Benefits of new changes in training and development practices
Q6) What can be the benefits of acquiring changes in training and
development practices?
Frequency
 Enhance performance of firm 11
 Improve organisational culture 11
 Various opportunities of business development 8
Interpretation: From the above graph bit has been concluded that out of 30 respondents
11 are responding that globalisation will enhance performance of firm , another 11 are
responding that it will improve organisation structure. Moreover, remaining are responding that
it will create various opportunities of an respective organisation in operating their business at
international level.
16
0
2
4
6
8
10
12 11 11
8
Frequency

Theme 7: Difficulties faced by HRM while hiring new candidates
Q7) Do you think human resource mangers of Nestlé can be faced any
difficulties while hiring new candidates for their project completion?
Frequency
 Agree 17
 Disagree 13
Interpretation: From the above graph it has been stated that human resource
management will face difficulties in hiring right candidate. As per the reviews of respondent it
has been stated that out of 30 respondent 17 are responding that human resource management of
a organisation will face problems in recruiting new candidates. Moreover, remaining are
responding that they will in face any difficulties in hiring hiring right candidates for expanding
their business at internation level
17
17
13
Agree
Disagree

Theme 8: Tools & techniques used by Nestle for recruitment or selection
Q8) What tools and techniques can be attained by Nestlé mangers for
have appropriate recruitment and selection process?
Frequency
 By inviting candidates for recruitment through different sites 13
 Through campus placements 10
 Newspaper and job portals 7
Interpretation: From the above graph it has been concluded that out of 30 respondent 13
are saying that mangers of Nestle invite candidates for recruiting purpose through various sites.
Eventually, 10 are responding that they can go through college placements in order to have fresh
and energetic candidates. Remaining 7 respondent are saying that they can go through job portals
in order to have right candidates for their organisation.
18
13
10
7
By inviting candidates
for recruitment through
different sites
Through campus
placements
Newspaper and job
portals

P6 Communicating appropriate recommendation of research and data with valid conclusion
From the above findings it has been concluded that in order to have proper recruiting,
selection and training and development process an organisation need to develop themselves as
well as expanding business at international level. For such instance some of the recommendation
are determined below:
 Nestle need to conduct proper analysis and evaluation of market so that they can be select
best and right candidate with proper approach of systematic recruiting and selection
process.
 Human resource management need to proper planning while hiring and selecting
candidates for their organisation so that their goals and objectives can be fulfilled in
effective manner.
 Additionally, mangers of Nestle need to develop proper strategies and planning while
hiring candidate they can adopt various job portals, online sites and social media in
having best and deserving candidate
The above mention are some of the recommendation or suggestion for a respective organisation
that they adopt in order to have right tactics in developing strategies while expanding their
business at international level.
TASK 4
P7 Refection on value of under taking research to meet stated objectives and own learning
performance
While undertaking this research I have faced many issues and problems in competition of
project. Moreover, with this research I have gain many knowledge on various aspects of
recruiting, selecting and hiring right candidate in an effective manner. Moreover it also helped
in in overcoming my communication skills, team handing and time management as developed
my problem solving skills in an effective manner. Apart from this I have faced many problems
but due to adoption of different prospective I was able to over this process and complete my
project within stipulated period of time. Thus, by doing all such process I have learn many things
team work, how to communicate with each other and many more as select best candidate so that
business growth can be attained in competitive advantage.
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CONCLUSION
From the above discussion it has been concluded that Globalisation play's a pivotal role
in developing a particular business at international level so that they can enhance their
productivity and proficiency in marketplace. Thus, globalisation help an organisation to
developing their business operation with increasing productivity, proficiency and profitability in
competitive marketplace at international level. Eventually, it is necessary for an organisation to
to conduct training and development session so that new strategies can de evaluated in expanding
business at international level. Moreover, by conducting a research a respective organisation can
know its competitive position in same product line before entering into internation marketplace.
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