Assignment Of Managing Tesco Business

Managing Successful Business
Project

Table of Contents
TOPIC: “How do multinational companies impact the business environment of the host
destination e.g. a country, region, city?”.........................................................................................3
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Aim and Objectives................................................................................................................3
Project management plan.......................................................................................................4
Work breakdown Structure and Gantt Chart..........................................................................8
Research Methodologies......................................................................................................11
Qualitative research .............................................................................................................11
Data Analysis........................................................................................................................12
Research Recommendations.................................................................................................19
Reflection.............................................................................................................................19
CONCLUSION..............................................................................................................................19
REFERENCES .............................................................................................................................20
.......................................................................................................................................................22

TOPIC: “How do multinational companies impact the business environment
of the host destination e.g. a country, region, city?”
INTRODUCTION
Globalisation is defined as the procedure of integration and interaction between
companies, people and government globally. This is also referred as geographic diversion of
services and industrial activities like input factor sources, distribution, production, research and
development, cross border networking of organisation (Buckley, Forsans and Munjal, 2014).
This is increasing because of national economies where there is movement of technology,
capital, good and services across nations. There are various implications of globalisation in
business which can be increasing trade and level of migration among countries. It also helps in
emergence of global brands, expanding foreign direct investment and offshoring and outsourcing
of production. The organisation chosen for given assignment is TESCO which is operating
business in Spain that was founded in 1919 at United Kingdom that deals in retail sector. This
deals in clothing, books, furniture, electronic, petrol, financial services and others. It is largest
retailer organisation in world in terms of revenue. There are 6800 shops in different locations and
employing 450,000 employees for achievement of goals. This report highlights aim and
objectives of project along with project management plan for goal achievement. It also covers
time framework, research methodologies, data analysis and recommendation of report.
MAIN BODY
Aim and Objectives
With rise in need and demand of people, globalisation has increased effectively and
efficiently. Globalisation helps in accomplishment of set goals and objectives in proper manner.
With adopting of such economic process in business can helps to increase trade of goods and
services in international market, emerging brands at global level and helps in expansion of
foreign direct investment. This integrate world into single market for increasing profits and
revenues in proper way. In context of TESCO, researcher has developed aim and objectives that
helps and encourage them to follow globalisation in their business which are as described below:
Aim

“To determine the influence of multinational companies on the business environment of
Spain.”- A case study on TESCO.
Research Objectives
 To identify the impact of multinational companies especially Tesco on the industrial
environment of Spain.
 To ascertain major factors of Spain’s business environment which are directly impacted
by the operational activities of TESCO.
Research Questions
 What are the impact of multinational companies especially Tesco on the industrial
environment of Spain?
 What are major factors of Spain’s business environment which are directly impacted by
the operational activities of TESCO?
Project management plan
It is approved, formal document which define about execution, control and monitor of
project. This is regarded as detailed document or summary which includes planning, baseline and
subsidiary management plans. Project management plan is prepared by project planner which
take input from team and key stakeholders. This is developed in organisation for creating
framework for conducting particular project in given time period. This consist of information
about particular project such as strategies, cost, method, time duration, communication and
others. There are some components of project management plan such as baselines for schedule,
cost and scope, requirement, change and configuration management plan and process
improvement plan. The researcher has developed such plan for TESCO in order to analyse
impact of globalisation on business environment.
Project Title “How do multinational companies impact the business environment
of the host destination e.g. a country, region, city?”

Project Plan
Company
Name
TESCO
Cost It is defined as sum of money which is required by researcher for
conducting research in better manner. In order to complete and
accomplish research objectives researcher needed £20,000. For
analysing the impact of TESCO on business environment of Spain
investigator requires £350.
Time It is defined as time period that is needed by researcher for
completion of given project in appropriate manner. In order to
complete respective research project, researcher takes approximately
4.2 months to get correct data and information regarding
globalisation. Similarly, the project manager of TESCO requires 1.5
years to complete given project.
Scope This factor refers to elements through which a researcher of a project
able to know about their project that how effective is their project
which leads to its sustainability. In respect of this research,
investigator will have a wide scope to identify various factors of
business environment of Spain which can be impacted by the
operations of Tesco. In respect of respective project, project manager
of this company will able to know about impact of TESCO on Spain
business environment.
Communicat
ion
This is the most essential component of project management plan for
achieving goal and objectives of given research work.
Communication is defined as process where data and information are
transferred from one to another in effective and efficient manner. It is
important to have two way communication in order to share
information which can be understand by other and present
viewpoints. The researcher should conduct two way communication
with help of meeting tools where they should include employees in
decision making. This create motivation among them for better work

performance and achievement of results. The organisation need to
communicate properly with their customers for developing impact on
customer's mind for increase sales and profits. Researcher can use
different communication tools such email, social media and others.

Risk This is defined as risk which can impact business and their
profitability and production directly and indirectly. It is very
important for management of company to identify risk which can
impact business and their operations. This can help management to
develop strategies on basis of identified risk that assist in avoiding
and monitoring risk situations. In context of project, risks which can
be faced by investigator are requirement of extra funds, lack of time,
resources and other which can lead problem in achieving goal and
objectives. Therefore, project manager should identify and develop
strategies in advance for overcoming risk situations which can arise in
completing project. It can be related with funding and times issues
where advance planning should be done. The resource should be
properly utilised and quality should be maintained by investigator and
company.
Work breakdown Structure and Gantt Chart
Work breakdown Structure
This is defined as structure where works and activities can be deliverable in oriented
hierarchical decomposition of work. It should be executed by member team of assigned project
work. It is a method of dividing large project into small parts which helps in dealing with
complex and provide multi step to accomplish project (Duanmu, 2012). In simple words, work
breakdown structure can be considered as a key project deliverable that is used to organize the
team's work into manageable sections. This work breakdown structures can be used to define the
scope into manageable chunks that project team can understand as project is breakdown into
smaller components. It also provides a necessary framework which helps in detailed cost
estimating, control and provide guidance for schedule development and control. Work
breakdown structures aims is to manage large projects so that work can be done simultaneously
by different team members. this leads to improve in productive of team and provide ease in
overall project management.
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Gantt chart
It can refer as a type of bar char which illustrate schedule of a project. Gantt chart shows
the relationship and dependency between activities and current schedule status. This chart
contains list of task that needs to be performed on vertical axis and the time intervals on the
horizontal axis (Getz, 2013). This can be helpful in planning of project where tasks are in proper
sequence which should be completed on given time period. This type of chart is mostly used for
project management. Different lengths of horizontal bar represent project timeline as it includes
sequences of task duration, start and end dates for each task. It helps in scheduling, managing
and monitoring of specific task as well as resources of the project. This chart is very helpful for
project managers and it provide aid to manager in communicating plan and status related to
project. It also ensures that project remains on track. Gantt chart can be used in various range of
projects such as building dams, bridges and highways, software development, development
process of goods and services and it can be used in several other industries also.
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Research Methodologies
Qualitative research
It is defined as method where data and information are collected when research is
conducted. Qualitative research is useful to gather non numerical data. By this method
behavioural of a person, perception of targeted audience can be evaluated easily. Qualitative
research is an approach which helps in gathering and analysing data which cannot be measure in
form of number (Gooris and Peeters, 2014). The methods used for such research are observation,
focus group, record keeping, case study, interview etc. Data collected in this research need
proper understanding of underlying opinions, reasons and motivation. In this research,
researchers collect data by using unstructured or semi structured techniques.
Quantitative research
In this method, researchers collect data which can be converted into numerical form.
Quantitative research is a systematic from of investing data and gathering information in
statistical, mathematical or computational techniques. Different sources of collecting and
analysing data in quantitative research is survey research, experimental research, online polls,
questionnaires etc. Data collection in quantitative research are gathered by using more structured
methods and it include larger sample which represent entire population. Qualitative data is in
numerical forms that is statistics, percentages, number etc.
Therefore, researcher has used qualitative research in order to collect data and
information in effective and efficient manner so that goal and objective can be achieved as it
provide quality information for given project.
Primary research
It can be referred as methodology used to collect first hand data. In primary research,
researchers collect data from their own and they are called as owner of that data (Hoskisson and
et. al., 2013). Data collected and analyses in this method is never used previously. Researchers
directly connect with source that can customers in target market to collect and evaluate data.
Tool and techniques used by researchers to collect primary data is in-depth interview, online or
offline survey, questionnaires, visiting different locations. This method is useful for collecting
specific data as there is no dilution of data. This method requires complete knowledge about
study so it is expensive in nature.
Secondary research
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It includes all those methods which helps in collecting data through already existing data.
Methods used in collecting data for secondary research is data available on online or internet,
information gathered from government and non government agencies and documents, libraries,
education institutions, newspaper, journals, magazines, T.V etc. (Jenkins, 2013). Data collected
in secondary research is already used as well as it is tried and tested data. In this researchers use
data which is collected and used in primary research. This method of collect data is quick and
does not take much time as data is already available to researchers.
Therefore, researcher has used primary data collection method where questionnaire has
been prepared and filled from respondents. This helps in knowing about impact of globalisation
on business.
Sampling
It is defined as process which is used in analysis of statistical data. In sampling, pre
determined number of observation is taken to represent large size population (Lu and et. al.,
2014). Sampling is considered as a selection of subset of individuals from statistical population.
This will represent characteristics of whole population. There are several methods of sampling
which is classified into probability sampling and non probability sampling. In probability
sampling each individual is eligible for to get selected sample. In non probability chance to get
selected depends upon ability of researcher. The researcher has used random sampling method
where they have chosen sample size of 30 respondents which includes employees of organisation
for collecting data and information.
Data Analysis
Questionnaire is defined as research instrument which consists of various questions for
collecting data and information from respondents.
QUESTIONNAIRE
Name:
Age:
Gender:
Address:
Q1. Does multinational companies have any impact on business environment of Spain?
a. Yes
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b. No
Q2. What are the possible benefits of investment in Spain from multinational
organisations?
a. Source of tax revenue
b. Improvement in balance payment
Q3. What are the impact of multinational companies on the business environment of
Spain?
a. Rise in Income
b. Expansion of market opportunities
c. Enhance competitive advantages
Q4. Does globalisation assist to other business for enlarging opportunities in various
nations?
a. Yes
b. No
Q5. Does TESCO has influenced technological business environment of Spain?
a. Yes
b. No
Q6. Do you think strategic planning need to be modified for bringing change at TESCO?
a. Yes
b. No
Q7. Which component of Spain’s business environment is most impacted by TESCO?
a. Political
b. Economic
c. Social
Q8. Any recommendation
Theme 1:
Q1. Does multinational companies have any impact on business
environment of Spain?
Frequency
a. Yes 22
13

b. No 8
Interpretation
The multinational companies can impact on business environment as they can help in
achievement of goals and objectives. It is very important for firm to analyse each and every
impact so that best strategies can be made. From above bar diagram, it can be concluded that out
of 30 respondents 22 said that it can impact on business environment whereas remaining 8 were
against the same given statement.
Theme 2:
Q2. What are the possible benefits of investment in Spain from
multinational organisations?
Frequency
a. Source of tax revenue 25
b. Improvement in balance payment 5
14
a. Yes b. No
0
5
10
15
20
25 22
8 Column B

Interpretation
There are various benefits of investment in Spain for multinational organisations such as
source of tax revenue and improvement in balance payment. From above presented diagram, it
can be concluded that out of 30 respondents only 25 were said that it create benefits in terms of
source of tax revenue. Whereas remaining 5 were denied that multinational companies does not
provide benefits for expanding firm in various countries.
Theme 3:
Q3. What are the impact of multinational companies on the business
environment of Spain?
Frequency
a. Rise in Income 12
b. Expansion of market opportunities 10
c. Enhance competitive advantages 8
15
25
5
a. Source of
tax revenue
b.
Improvement
in balance
payment

Interpretation
There are various impacts of multinational companies on business environment of Spain
which includes rise in income, expansion of market opportunities and enhancement of
competitive advantages. After analysing above pie-chart it can be concluded that out of 30
respondents 12 said it helps in rising income of people, 10 were in favour of expansion of market
opportunities and remaining 8 were said it helps in enhancement of competitive advantages.
Theme 4:
Q4. Does globalisation assist to other business for enlarging
opportunities in various nations?
Frequency
a. Yes 28
b. No 2
16
12
10
8
a. Rise in Income
b. Expansion of market
opportunities
c. Enhance competitive
advantages

Interpretation
Globalisation helps other businesses to enlarge their business opportunities in various
nations. They create different opportunities for business in order to increase their profits and gain
in competitive market. From above diagram, it can be concluded that out of 30 participants in
questionnaire 28 said globalisation assist business for creating opportunities in other nations if
they expand business. While remaining 2 were against the statement and said that globalisation
does not create any opportunities for nation.
Theme 5:
Q5. Does TESCO has influenced technological business environment of
Spain?
Frequency
a. Yes 19
b. No 11
17
a. Yes b. No
0
5
10
15
20
25
30 28
2
Column B

Interpretation
There are various factors which can impact business and their activities in different
countries such as political, social, economic and others. The above presented diagram represent
that TESCO has influenced through technological business environment of Spain. There are total
30 respondents out of which 19 were in favour that technological factors can impact business and
remaining 11 were against the statement.
Theme 6:
Q6. Do you think strategic planning need to be modified for bringing change
at TESCO?
Frequency
a. Yes 18
b. No 12
18
18
12
a. Yes
b. No
a. Yes b. No
0
2
4
6
8
10
12
14
16
18
20 19
11
Column B

Interpretation
It is very important for organisation to bring changes in their strategic planning to achieve
goals and objectives in effective and efficient manner. This can help business to work in proper
manner. From the mentioned pie chart diagram, it can be concluded that out of 30 respondents 18
said it is very essential to modify strategic planning for bringing change at organisation whereas
remaining 12 were against the statement.
Theme 7:
Q7. Which component of Spain’s business environment is most
impacted by TESCO?
Frequency
a. Political 8
b. Economic 15
c. Social 7
Interpretation
There are various components which can impact business environment of TESCO which
includes political, economic and social. From above diagram, it can be concluded that out of 30
19
8
15
7
a. Political
b. Economic
c. Social

respondents 8 said political can impact, 15 were in favour of economic and remaining 7 were
said social can impact business.
Research Recommendations
From analysis of above report, there are some recommendation which are provided to
TESCO while operating business at multinational level. The respective organisation need to
analyse market first in order to conduct operations so that business cannot be affected by external
factors. Also it need to improve their tools and techniques for effective outcomes.
Reflection
While I was conducting such research report, I was able to enhance my skills and
knowledge which can help me in my career goal and objectives. I also faced many challenges
and issues which hampered my work and results. With help of this research I enhanced my
leadership, team building, problem solving and decision making skills. This is the first research
which I have conducted in my life that helped me a lot to improve me. The issues were related
with time, resources, funding and others which I overcome with my skills in order to complete
my work. Therefore, if I get same opportunity then I can do it more effectively and efficiently
without facing any issues and problems.
CONCLUSION
From above report, it can be analysed that globalisation has influence multinational
companies to expand their business in other nation for achievement of goal and objectives. This
can help researcher and organisation to work efficiently and effectively for better results with aid
of proper communication channels. The time-frame work has been prepared by researcher in
order to complete project on given time period. Data collection has been done through qualitative
and primary method to get correct output for given work. This project can help individual to
enhance their skills and knowledge for better outcomes. There are some recommendations given
to organisation for expansion of business in other countries for improving themselves.
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REFERENCES
Books and Journals
Buckley, P. J., Forsans, N. and Munjal, S., 2014. Host-home country linkages and host-home
country specific advantages as determinants of foreign acquisitions by Indian firms. In
The Multinational Enterprise and the Emergence of the Global Factory (pp. 173-199).
Palgrave Macmillan, London.
Duanmu, J. L., 2012. Firm heterogeneity and location choice of Chinese multinational
enterprises (MNEs). Journal of World Business. 47(1). pp.64-72.
Getz, D., 2013. Event tourism: concepts, international case studies, and research. Cognizant
Communication Corporation.
Gooris, J. and Peeters, C., 2014. Home–host country distance in offshore governance choices.
Journal of International Management. 20(1). pp.73-86.
Hoskisson, R. E. and et. al., 2013. Emerging multinationals from mid‐range economies: The
influence of institutions and factor markets. Journal of Management Studies. 50(7).
pp.1295-1321.
Jenkins, R., 2013. Transnational Corporations and Uneven Development (RLE International
Business): The Internationalization of Capital and the Third World. Routledge.
Kang, Y. and Jiang, F., 2012. FDI location choice of Chinese multinationals in East and
Southeast Asia: Traditional economic factors and institutional perspective. Journal of
world business. 47(1). pp.45-53.
Lu, J. and et. al., 2014. International experience and FDI location choices of Chinese firms: The
moderating effects of home country government support and host country institutions.
Journal of International Business Studies. 45(4). pp.428-449.
Mitchell, J., 2012. Value chain approaches to assessing the impact of tourism on low-income
households in developing countries. Journal of Sustainable Tourism. 20(3). pp.457-475.
Mowforth, M. and Munt, I., 2015. Tourism and sustainability: Development, globalisation and
new tourism in the third world. Routledge.
Ramasamy, B., Yeung, M. and Laforet, S., 2012. China's outward foreign direct investment:
Location choice and firm ownership. Journal of world business. 47(1). pp.17-25.
Zeng, K. and Eastin, J., 2012. Do developing countries invest up? The environmental effects of
foreign direct investment from less-developed countries. World Development. 40(11).
pp.2221-2233.
Online
What is Globalisation. 2018. [Online]. Available through:
<https://www.tutor2u.net/business/reference/what-is-globalisation>.
Understanding the Project Management Plan. 2019. [Online]. Available through:
<https://www.simplilearn.com/what-is-a-project-management-plan-article>.
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Log Book
Name:
Project title: “How do multinational companies impact the business environment of the host
destination e.g. a country, region, city?”
Date: 17th June, 2019
Update on weekly research/tasks achieved
The given project report was completed on timely because aim of topic is to identify impact of
business environment on business. Yes, I fulfilled all task requirements within given time
period. No, I don't need to make any changes to my project management plan.
Any risks and/or issues identified?
The risk related with carrying project is lack of management and time skills. The other risk is
related with funding, lack of respondents for giving proper answer to problems.
Problems encountered
The barriers were related with time and respondents did not responded in proper manner to get
correct data and information.
New ideas and change of project direction
The new ideas and change of project direction is that researcher should use various methods and
tools for collecting data and information in effective and efficient manner.
What have I learnt about myself this week?
While conducting such research I learn many things and deal with those problems by myself.
Yes, it was useful for completing task and I performed very well.
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Tasks planned for next week
The important task is at priority level such as quality, resource, time and others. The role and
responsibilities should be allocated to each and every one effectively and efficiently.
Project plan status to date (on, ahead, behind)
The project plan is conducting in effective and efficient manner way for work to be done
properly and scheduled manner.
Supervisor comments to address
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Performance Review
What was the project supposed to accomplish?
The aim of project is to determine the influence of multinational companies on the business
environment of Spain.”- A case study on TESCO. The main objectives of report are to
determine influence of MNC on environment of business. The project was supposed to
accomplish set aim and objectives within given time period for effective outcomes. For that I
have done research for this project to collect data and information and accomplish project
timely with accurately and correctly.
Did the project succeed in its aims? How do you know? Specifically, please outline any
evaluation and assessment undertaken.
The aim of project is to determine influence multinational organisation at business environment.
Yes, the project succeeds in its aim as I have shown my report to my senior and team member
for evaluation and they gave positive feedback for report. They also guided me for improving it
more by giving me ideas and suggestion regarding project which is assigned to me more
effectively and efficiently. I showed my project to my tutor on weekly basis in order to improve
it and achieve final set aim and objectives in given time period.
What things do you think worked well and why? Evaluate all aspects of the project (e.g. initial
inception, project activities and project outcomes) from a range of perspectives.
In order to work effectively and efficiently I have made time framework for each and every task
which help me to perform activities and operations in proper manner. I have categorised work
on basis of days so that better work performance can be done. I have done initial inception
through activities performed in given time period. The project activities are made on basis of
given topic of research and project outcomes is evaluated through work performance done by
me.
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