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Multinational Companies Impact The Business Environment of the Host Destination: Doc

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Added on  2021-02-20

Multinational Companies Impact The Business Environment of the Host Destination: Doc

   Added on 2021-02-20

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MANAGING SUCCESSFULBUSINESS PROJECT
Multinational Companies Impact The Business Environment of the Host Destination: Doc_1
TABLE OF CONTENTSTOPIC: ............................................................................................................................................2INTRODUCTION...........................................................................................................................2Research Background..................................................................................................................2LO.1.................................................................................................................................................2P.1 Aims and Objectives.............................................................................................................2Rationale:....................................................................................................................................3P.2 Project Management Plan.....................................................................................................3P.3 Gantt Chart and Time Scale..................................................................................................5LO.2.................................................................................................................................................5P.4 Research Methodologies.......................................................................................................5LO.3.................................................................................................................................................5P.5 Data Analysis and Interpretation..........................................................................................5DATA ANALYSIS..........................................................................................................................2P.6 Recommendations.................................................................................................................9LO.4.................................................................................................................................................9Reflection....................................................................................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10Books and Journals...................................................................................................................10APPENDIX....................................................................................................................................11Questionnaire............................................................................................................................11
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TOPIC: How multinational companies impact he business environment of the host destination e.ga county, region, city? INTRODUCTIONResearch BackgroundMultinational companies are the agents of globalisation. At the same time, manymultinational corporations are also affected by globalisation in ways they may or may not like. Itis true that globalisation is the foundation of multinational organisations because when therewere no free trades and boundaries, there is no multinational corporations (Suwandi and Foster,2016). The operations of company in more than one nation is called as multinationalorganisation. There are various benefits that the business environment of host nation enjoys withthe emergence of global brands such as the balance of payment is improved, employmentgeneration, sources of tax revenue, technology transfer, increasing choice and many otheradvantages. On the flip side, there are various challenges and complication that organisations arefacing with the emergence of multinational corporations such as environmental impact,uncertainty, increase competition, political pressures and many others. So, this present research will use methods and techniques to identify the significantsocial, economic and environmental influence of multinational organisation on the host country(China). Unilever has been chosen for assessment. It is a British-Dutch transnational consumergoods located in United Kingdom. It has worldwide operations. LO.1P.1 Aims and Objectives.Aim: “To identify the significant social, economic and environmental influence ofmultinational organisation on the business environment of host country (China). A study onUnilever”. Objectives:To identify the current trends of globalisation in context of the operation of multinationalorganisation. 1
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To determine the impact of multinational company on the business environment of hostnation.To articulate the complications faced by host nation with the emergence of multinationalcompanies. To provide recommendations for effective operations of multinational companies byovercoming negative impact on the business environment of host nation. Research Questions: 11What are the current trends of globalisation in context of the operation of multinationalorganisation?11What are the impact of multinational company on the business environment of hostnation?11What are the complications faced by host nation with the emergence of multinationalcompanies?11What are recommendations for effective operations of multinational companies byovercoming negative impact on the business environment of host nation?Rationale:The present study is related to the assessment of the impact of multinational companieson the business environment of host nation. The reason behind selecting this topic is the businessenvironment of host nation is influenced with the emergence of MNC's within organisation inboth positive and negative way. MNC's has influenced social, environment and economicconditions. It is very important to understand and evaluate both positive and negative impact ofMNC's on the domestic business environment (May, 2015). On the flip side, academic interest ofresearch is another reason for selecting this topic as this research help scholar in gaininginformation about the current issues in the business world as well as various components ofresearch such as research methodologies, structure of research etc. P.2 Project Management PlanThe statement or document that lay out each stage of a project or research is called asproject management plan (Nijhuis, Vrijhoef and Kessels, 2018). With the help of project2
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management plan, it becomes crystal clear that how the project will be completed to achieved thespecific objectives of the study. Scope: The range of usage of the research study is called as scope. The following research coversthe both corporate and academic lives. Students will gain understanding of globalisation inrespect to multinational companies and how it impacts on the business environment of hostnation. Whereas, the managers, executives of Unilever will get understanding and knowledgeabout the negative impact of their operation to host nation and take necessary action's toovercome them. Cost:It is describes as the total amount of expenses that is incurred for conducting the wholeresearch is called as cost. It is very important that scholar should have to take rationale decisionson cost of study (Muller, 2017). It is true that if cost is not available it will affect theeffectiveness and outcomes of the research so researcher has decided to allocate the cost to allthe activities. The required cost of the research is £8000. Time:Time management skill is essentially required in researcher because completing theproject on time demonstrates the effectiveness of the study. If there are delays in the project itwill affect the effectiveness and outcomes of the study. So, the following research will becompleted in 169 days. Resources:For undertaking the research, researcher required time, man, money, equipments whichare required are called as resources. If resources are available adequately, it will allow smoothflow of all the activities (Maylor and Söderlund, 2016). This following research availed humanand financial resources to execute the research study in a designated manner. Communication:The movement or exchange of information from one person to another person is called ascommunication. It is very important to communicate each and every aspect of the research to all3
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the stakeholders who are directly or indirectly have interest in the outcomes of the study. In thisfollowing research, researcher has opted email and circulars to communicate the researchoutcomes. Risk:Risk are always uncertain as they have chances to cause harm or loss. There are varioustype of risk that is involved in this study such as loss or theft of data, physical injury or anyothers. Thus, in order to mitigate the chances of risk, researcher has planned to control the riskfactors. Quality: The entire research is depends ion the reliability and viability of the research which isultimately depends on quality. Scholar has given first priority to quality, it is because researchhave no use if quality is not maintained (Cameron, Sankaran and Scales, 2015). Researcher hasopted several; tools and instrument for monitoring the performance and quality such as keyperformance indicators (KPI's), gap analysis and others. P.3 Gantt Chart and Time Scale.4
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