Impact of Globalisation on Business Functions

The given assignment is about understanding the impact of globalisation on various business functions. It requires students to research and identify the positive effects of globalisation on marketing, human resources, operations, finance, and other functions. The project aims to develop research skills, time management, communication, and negotiation skills. Students are expected to collect data from respondents, manage their tasks effectively, and overcome potential barriers such as lack of skills or time constraints.

Skeleton for Unit 6 MSBP – Created by RI
Introduction
Globalisation is process where interaction took place among companies, people and
governments worldwide. It has been grown because of communication and technology. With
increase in global interactions growth for culture, international trade and ideas. It requires
economic resources of capital, goods & service, data and technology (Cleden, 2017). The
given assignment is based on Jaguar which is British multinational car manufacturing
founded in 1935 at England. Here will be discussing about project management along with
aims and objectives of Jaguar. Work breakdown structure and Gantt chart is presented to
provide time-frames and stages for completion. Discussion is about research and its tools and
value of undertaking for meeting stated objectives for learning and performance.
Write about the following:
Positive impact of Globalisation to businesses in United Kingdom.
1. Economic Impact- Globalisation has positive impact on growth of economic aspects.
It provide lots of benefits in foreign direct investment (FDI) which assist in boosting
technology transfer and economies of scale enhance in reducing prices and costs. Also
assist in markets of more efficient products, limiting military conflicts and spreading
wealth equally globally.
2. Cultural Impact- Cultural means belief, value and tradition of people and
organisation. Globalisation helps in interaction between different culture which leads
to pluralization. This helps in improving standards of individual among each other
without hampering local tradition.
3. Ethical Impact- Ethics means moral values and principles which define right and
wrong. With increase in globalisation, ethical values has been increased for better
performance of work (Doherty, Ashurst and Peppard, 2012). It is very impact in
business as it enhance goodwill and image of firm.
Background of the Research
Globalisation is multifaceted and complex phenomenon. It is international integration
of product for exchange of world views, ideas, concepts for worldwide exchange of cultural
and national resources occur during process. Different factors contributed in growth of
globalisation such as communication, technology, advancement. It is different for various
people and creates positive and negative impact of political, technological and economic
progress. Due to globalisation, power of state is determined by power of enterprise. It
describe social, cultural and political changes of world in last fifty years that was accelerated
by scientific revolution for diminishing national and geographical boundaries in order to
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expand transnational movement of capital, goods and service. Globalisation provides benefits
for free trade, increased in capital flows, movement of labour. It assist both developing and
developed countries to improve their economy and technology. Due to increase in
competitive pressure it improve better labour protection and governance (Drucker, 2012). It
also increased awareness among customers for challenges of climate changes and income &
wealth inequality. Increase in globalisation has created impact on marketing, human resource,
operation and finance. Marketing manager apply various tool in order to search and target
market and human resource can improve them with latest technology, skill and development.
Also because of globalisation, finance and operation has started using updated technology for
carrying out task, producing goods and planning of cost required in company. Jaguar has
faced many challenges because of globalisation for surviving in market and create their
market value and goodwill (Fageha and Aibinu, 2013).
Write the
Aims of the Project
The main aim of this project is “To identify positive economic, cultural, and ethical
impacts of globalisation on different functions”. A case study on Jaguar.
Objectives
 To identify concept of Globalisation.
 To identify role of various functions of Jaguar in global world.
 To determine positive impacts of economics, ethical and cultural factors on
globalisation of Jaguar business.
Research Plan
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Project Title “What are the positive economic, cultural, and ethical impacts
of globalisation on different business functions within an
organisation.
Project Plan
Company Name: Jaguar
Cost It is very important factor in determining research plan in
business. If in case of ineffective planning of cost, activities
cannot be carried out. Thus, cost should be arranged as per
activities required in business. Various cost are required to be
planned such as variable, fixed cost and according total
expenses is known. Cost can be incurred for manpower
requirement, equipments requirement. Thus, various cost are
made for different resources. Jaguar has estimation of $250
million for starting of project at international level.
Scope Jaguar has large size market scope which has to perform various
functions at market level. Such scope helps in increasing market
share, enhance profits, sustainability and growth. Globalisation
helps a lot for improving performance and set target objective
and goal.
Time It is very important for project researcher to complete project
within stipulated given time. Completion of task in accurate
time provide positive outcomes. In order to complete project of
Jaguar it take around 5 to 6 months. If Jaguar start its business
at globalisation or international level then it required approx 2
to 3 months for achieving set target objective and goal (Florén
and Frishammar, 2012).
Quality It is very necessary aspects of manager to maintain quality of se
set project in better way. All quality related with work should be
applied in business for better outcome. Jaguar has high
premium target market so it is very important to high standard
quality along with other services.
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Communication Communication is most effective channel for business. In order
to complete project, there should be proper communication
among all departments and stakeholders. It can be through
social media, emails, telephone, face to face interaction. In
context of globalisation there are various activities which need
to be fulfilled that are carried out by various person. Thus, each
and every people working under same project should
communicate among each other to complete project within task
and get better outcomes.
Risk While implementing project, business have to face risk which
can be related with technology, finance, manpower, lack of
training, competitors. Also leak of important and collected data
leads to negative outcomes. Company should provide best
solutions to minimize risk and maximize output. In context of
globalisation there are various risk which company can occur
such as profit reduction, difficulty in adopting culture, language
issue risk and others (Forsgren and Johanson, 2014). These need
to be studied before and try to minimize or remove such risk in
order to get better result.
Resources There are various resources required for carrying out task in
business such as finance, manpower, technology. All resources
helps in carrying out task and completion of project. In context
of process of globalisation, resources requirements includes
technical, manpower, human resources, operators, for
performing work and completing project within given time
period.
Type of Research
Primary and
Secondary
Primary- It is data collection method specifically for business.
It is obtained with help of observing or communicating with
competitors or customers. Here, data are collected for first time
through survey, focus groups, interview, direct observation.
Elements of primary research are population, instruments,
intervention, methods, results, implication. Example can be
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Quality and Quantity
randomised control trial, CCT, telephone.
Secondary- It involves summary, synthesis and collation of
existing research. Researcher draw data from published paper,
statistical database, government documents, historical records.
Its elements can review, parameters of studies, table, list of
studies, procedures. Example can be meta analysis, magazine,
books, opinion.
Qualitative- It is exploratory research used to gain
understanding of underlying motivations, reasons and opinions.
It helps in developing ideas or hypotheses for potential research.
This data collection methods use unstructured and semi
structured techniques (Lin and Chen, 2012). Some common
methods are group discussions, participation, observation and
individual interview. Here, sample size is small and respondents
are selected on basis of quota.
Quantitative- It is used for quantifying problem by generating
numerical data which can be transformed into usable statistics.
It identify attitudes, behaviours, opinions and other variables
and getting of result from large sample. This method is more
structured in nature as compared to qualitative. It includes
online survey, mobile survey, paper survey, face to face
interview, online polls, telephone interview, longitudinal
studies, website interceptors.
Work Breakdown Structure for the Project
Work breakdown structure (WBS) in system engineering and project management is
dividing into smaller components. It is key project that organizes team work into various
manageable sections in order to achieve objectives and create required deliverables. It
element may be data, product and service or combination thereof. It provides necessary
framework for control and cost estimating and guidance for schedule development. Jaguar
use WBS to divide task into smaller part and complete it within stipulated time (Nicholas and
Steyn, 2017). It provide roadmap everyone in team, resource requirements, realistic project
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timescale and early warning of problems. WBS is decided and finalised by top management
and work packages related with cost, task and duration should not exceed 10 days. Thus, it
helps in achieving goal and objectives of organisations very effectively and efficiently.
Develop a Basic Gantt Chart
It is bar chart which illustrates project schedule and relationship between current
schedule status and activities. It is popular way for showing activities against time. This chart
assist in explaining each and every task or sequence in order to complete project in effective
manner. It assess in scheduling, managing and monitoring resources and task of a particular
project for given period of time (Morrison, 2013).
Research Methodology and Data Collection
Research methodology- It is techniques or specific procedures used for identifying,
selecting, processing and analysing information about a particular topic. In research paper,
methodology section allows to critically evaluate study overall reliability and validity. It
answer two questions that is data collected or generated and analysed. It is used for
investigation and gathering information for decision making.
Data collection- It is process for measuring and gathering information on variables of
interest in established systematic which enables answer stated questions, evaluate outcomes
and test hypothesis. It is documentation for particular information regarding specific area.
Explain the questionnaire
It is set of various questions in order to get information from different respondents.
Under this, researcher ask questions to target respondents and get answers. It can be open
ended and close ended questions for collecting response for respondent (Reiss and Rayner,
2012).
QUESTIONNAIRE
Name:
Age:
Gender:
Contact no.:
Address:
Q1) Are you aware about concept of globalisation?
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a) Yes
b) No
Q2) Is globalisation positive phenomenon for economy of country?
a) Yes
b) No
Q3) What are advantages of globalisation to business?
a) Free movement of products and services
b) Strong communication
c) Enhance standard of living
Q4) Is globalisation develops positive economic, cultural, and ethical impacts of
globalisation on Jaguar business?
a) Agree
b) Disagree
Q5) What are different ways used by company to expand business at internal level?
a) Foreign Direct investment
b) Joint venture
c) Merger and acquisition
Q6) Is globalisation support Jaguar to enhance its business operations at global level
and attain competitive benefits?
a) Yes
b) No
Q7) What resources company will need when it make its business globalised?
a) Technological resources
b) Financial resources
c) Manpower resource
Q8) What challenges Jaguar company face at the time of conducting its business at
global level?
a) Different culture
b) Financial problems
c) Dealing with international clients
Q9) How Jaguar can overcome from the different issue arise at the time of conducting
business operations at global level?
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a) Aware about international culture
b) Training
c) Know about business culture
Q10) To recommend various ways through which Jaguar company can gain the
competitive benefits at international level.
Discuss who will be the sample.
Sample is subset that containing characteristics of large population. These are used in
the statistical large size population (Sparrow, 2012). In order to select the sample, researcher
use random data sampling method and chose 10 respondents. The sample size are employees
of Jaguar.
Analysis and interpretation
THEME 1: Aware about concept of globalisation
Q1) Are you aware about concept of
globalisation?
Frequency
Yes 8
No 2
Interpretation: From above report it can be concluded that, 8 respondents were aware about
globalisation as they watch television and read newspaper but 2 were not aware about
concept of globalisation. So gave information about globalisation and changing trends to
them for creating awareness.
8
Yes No
0
1
2
3
4
5
6
7
8
9
8
2
Column B

THEME 2: Globalisation positive phenomenon for economy
Q2) Is globalisation positive phenomenon
for economy of country?
Frequency
Yes 7
No 3
Interpretation: 7 respondents said that globalisation brings positive outcomes in economy
such as increase in gross domestic product, employment opportunities and technology
advancement. 3 said globalisation has negative phenomenon in economy as it increase cost,
economies of scale. But in reality it has both positive as well as negative outcomes.
THEME 3: Advantages of globalisation to business
Q3) What are advantages of globalisation
to business?
Frequency
Free movement of products and services 4
Strong communication 3
Enhance standard of living 3
9
Yes No
0
1
2
3
4
5
6
7
7
3 Column C

Interpretation: From the above questionnaire it can be concluded that globalisation has
some advantages in terms of different factors. As per survey, 4 respondents said that it helps
in free movement of products and services from one place to another for maximizing profits.
3 respondents said it helps in building strong communication and relationship for improving
and getting better outcomes. Similarly, 3 said it enhance living standard of people in society.
THEME 4: Globalisation develops positive economic, cultural, and ethical impacts of
globalisation
Q4) Is globalisation develops positive
economic, cultural, and ethical impacts of
globalisation on Jaguar business?
Frequency
Agree 6
Disagree 4
10
4
3
3
Free movement of products
and services
Strong communication
Enhance standard of living

Interpretation: From above questionnaire it can be concluded that 6 respondents are totally
agree about developing positive impacts on economic, cultural and ethical aspects of
globalisation it helps in exchange of culture, values, principles among each other. Similarly, 4
respondents were totally disagree about positive impacts of economic, cultural and ethical
aspects of globalisation. As they create problem at national and international level.
THEME 5: Different ways used by company to expand business
Q5) What are different ways used by
company to expand business at internal
level?
Frequency
Foreign Direct investment 5
Joint venture 2
Merger and acquisition 3
11
Agree
Disagree

Interpretation: As per respondents, 5 said that company use foreign direct investment for
expanding business as it is easy and quick way to take helps from other countries. 2 said
company use joint venture in order to expand business and 3 uses merger and acquisition for
expanding their business at global level.
THEME 6: Globalisation support Jaguar to enhance its business operations
Q6) Is globalisation support Jaguar to
enhance its business operations at global
level and attain competitive benefits?
Frequency
Yes 8
No 2
12
Foreign Direct investment Joint venture Merger and acquisition
0
1
2
3
4
5
6
Column B

Interpretation: From this questionnaire, it can be concluded that 8 respondent are in favour
of globalisation support Jaguar for enhancing business operation to increase market share and
goodwill. Similarly, 2 said that globalisation does not support Jaguar for enhancement of its
business at international level.
THEME 7: Resources company will need when it make its business globalised
Q7) What resources company will need
when it make its business globalised?
Frequency
Technological resources 4
Financial resources 3
Manpower resource 3
13
Yes No
0
1
2
3
4
5
6
7
8
9
Column B
Technological resources
Financial resources
Manpower resource

Interpretation: There are various resources required for company for making its business
globally. Here, technological resources requirement are 4, financial resources are 3 and
manpower resources required are 3 in a company for business. Technological helps in solving
technical issues, finance make budget and planning regarding with money and manpower
means employees, staffs.
THEME 8: Challenges Jaguar company face at the time of conducting its business
Q8) What challenges Jaguar company face
at the time of conducting its business at
global level?
Frequency
Different culture 3
Financial problems 6
Dealing with international clients 1
Interpretation: From above questionnaire it can be said that Jaguar face challenges at time
of conducting business at international level. According to respondent, 3 faced different
culture issues, 6 faced financial problems and 1 faced issued dealing with international
clients.
THEME 9: Jaguar can overcome from the different issue arise at the time of conducting
business operations
Q9) How Jaguar can overcome from the
different issue arise at the time of
conducting business operations at global
level?
Frequency
14
Different culture
Financial problems
Dealing with international clients
0
1
2
3
4
5
6
Column B

Aware about international culture 3
Training 2
Know about business culture 5
Interpretation: From above questions, 3 respondent said Jaguar overcome issue by aware of
international culture through reading books, magazine and market research. 2 said overcome
can be done by providing training to people and 5 by knowing about business culture of
international market. Thus, in this way problem can be solve out at time of conducting
business or expansion.
Recommendation on findings
Some of recommendations on findings are as below:
 Jaguar need to conduct training and development programmes for their staff and
worker in order to achieve goal and objectives and deal with foreign clients.
 Globalisation has positive impact on social, ethical and economic aspects for better
outcomes.
 In order to go for international expansion, Jaguar should know about that particular
market, culture, trends and make plan accordingly.
 International ethics, values and principles need to be followed for global expansion.
 Research need to be conducted to know about need, want and preference of
consumers for better production.
Conclusion to the research
15
Aware about international
culture
Training
Know about business
culture

From above assignment it can be concluded that globalisation is very important for
Jaguar because it provides various benefits to company. Different functions of Jaguar helps at
business and internal level. There is discussion about primary and secondary research for
collecting data and information to get best outcome and complete assigned project or task.
Research plan is discussed in order to know about scope, cost requirement, time, risk,
quantity so that better result can be achieved within given period of time.
REFERENCES
Cleden, D., 2017. Managing project uncertainty. Routledge.
Doherty, N. F., Ashurst, C. and Peppard, J., 2012. Factors affecting the successful realisation
of benefits from systems development projects: findings from three case studies.
Journal of Information Technology. 27(1). pp.1-16.
Drucker, P., 2012. Managing the non-profit organization. Routledge.
Fageha, M. K. and Aibinu, A. A., 2013. Managing project scope definition to improve
stakeholders’ participation and enhance project outcome. Procedia-Social and
Behavioral Sciences. 74. pp.154-164.
Florén, H. and Frishammar, J., 2012. From preliminary ideas to corroborated product
definitions: Managing the front end of new product development. California
Management Review. 54(4). pp.20-43.
Forsgren, M. and Johanson, J., 2014. Managing networks in international business.
Routledge.
Lin, A. and Chen, N.C., 2012. Cloud computing as an innovation: Percepetion, attitude, and
adoption. International Journal of Information Management. 32(6). pp.533-540.
Morrison, A.M., 2013. Marketing and managing tourism destinations. Routledge.
Nicholas, J.M. and Steyn, H., 2017. Project management for engineering, business and
technology. Routledge.
Reiss, G. and Rayner, P., 2012. Portfolio and programme management demystified: managing
multiple projects successfully. Routledge.
Sparrow, E., 2012. Successful IT outsourcing: from choosing a provider to managing the
project. Springer Science & Business Media.
Zikmund, W. G. and et. al., 2013. Business research methods. Cengage Learning.
Online
What is primary research?. 2018. [Online]. Available through:
<https://whatismarketresearch.com/market-research-techniques/what-is-primary-
research/>.
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Performance Review and Self-Assessment
Learner Name
Project Title “What are the positive economic, cultural, and
ethical impacts of globalisation on different
business functions within an organisation.
Important stages
 Determine topic
 Aims
 Objectives
 Data collection
 Choose Respondents
Key factors you learned from the
project Effective decision making.
What skills did you develop Research Skills, Time management,
Communication skill
Discuss the project management skill
you developed
Negotiation skill
Project
Impact of globalisation on different functions of Jaguar company.
Did the project achieve its aim:
Yes
Was the Team efficient:
Yes
Did the project succeed:
Yes
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APPENDIX
Project Logbook
Name:
Project title: “What are the positive economic, cultural, and ethical impacts of
globalisation on different business functions within an organisation.
Date:
Update on weekly research/tasks achieved
Points to consider:
What have you completed?
I have completed “To identify positive economic, cultural, and ethical impacts of
globalisation on different marketing function”.
Did you fulfil task requirements?
Yes
Are you on track and within deadlines set?
Yes
Did you need to make any changes to your project management plan?
No
Any risks and/or issues identified?
Related to time and cost
Points to consider:
Did you identify risks/issues with a lack of skills required for undertaking
research/tasks?
I have not negotiation skills. So, it develop issue in collect data from respondents.
Did you identify any additional risks/issues that have an impact on the project
management plan?
I face problem and that is promotion.
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Problems encountered
Related to time
Points to consider:
What barriers did you face?
I face time and money barrier.
How did you overcome them?
I overcome from problems through consult with top management.
New ideas and change of project direction
Acceptance of the new technologies and ways of working
What have I learnt about myself this week?
Points to consider:
How did I feel when I had to deal with tasks/problems? Did I find it useful to complete
the tasks?
I feel hesitated to deal with issue but I maintain my focus on finished all my tasks in an
effective manner.
How well have I performed? What did I contribute? What can I improve on next week?
I managed all activities properly and also give performance better.
How might this learning apply in the future?
In future, it will save time in my next project and through following it, I can overcome from
any problems.
Tasks planned for next week
Points to consider:
Which tasks are priority?
Data collection is my main priority.
Have you set aside sufficient time for completion?
I completed all activities with in given period of time.
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Project plan status to date (on, ahead, behind)
Supervisor comments to address
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