Globalisation's Impact on Multinational Corporations (MNCs) Processes

This report examines the influence of globalisation on multinational corporations (MNCs), with a specific focus on recruitment, selection, and training practices to meet international requirements. The introduction highlights the increasing competition faced by companies in a globalized world and the impact of globalisation on various aspects of business operations, using Nestle as a case study. The report outlines project aims and objectives, including an analysis of globalisation's effect on MNCs and strategies for employee development. It then details a project management plan covering scope, cost, time, quality, and communication, along with a work breakdown structure and Gantt chart for timeframes. Research methods, including qualitative and quantitative approaches, are defined, and data collection methods, such as surveys, are described. The report analyzes the collected data and presents recommendations for improving recruitment, selection, and training processes to better align with global standards. Finally, the report reflects on the value of the research in meeting its stated objectives, providing a comprehensive overview of the challenges and opportunities presented by globalisation for MNCs.

MANAGING SUCCESSFUL
BUSINESS PROJECTS

Table of Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................3
P1 Define project aims and objectives........................................................................................3
P2 Description on project management plan that covers cost, scope, time, quality and
communication............................................................................................................................4
P3 produce work breakdown structure and Gantt chart to provide time frames. .......................5
LO 2 ................................................................................................................................................8
P4 Define small scale research with help of application of qualitative and quantitative
research methods.........................................................................................................................8
LO 3 ..............................................................................................................................................10
P5 Description on research and data using appropriate tools and techniques...........................10
Analysis and interpretation- .....................................................................................................12
P6 communicate appropriate recommendation as result of research........................................20
LO 4 ..............................................................................................................................................21
P7 Reflection on value of undertaking the research to meet stated objectives.........................21
REFERENCES..............................................................................................................................22

Topic- How do multinational companies improve recruitment, selection and training of
their employees to meet international requirements.
INTRODUCTION
Global-trade termed out as companies to face greater competition from foreign firms and
this also enables increase level of investment (Charles Schmidheiny and Watts, 2017). Thus,
multinational corporations are largely affected by globalisation. In addition to it, globalisation is
in which good and services, technical accumulation, production factors and financial resources
freely move across countries in which good, services and finance markets gradually integrates.
Thus, globalisation has multitude of dimension and these are financial, political, socio-culture,
scientific and technological.
However, report will cover activities of enterprise as Nestle, it is public company and
deal in product as baby food, medical food, breakfast, coffee, ice-cream and frozen food etc.
Furthermore, assignment will frame out devised aims and objectives on the basis of given
topic, to outline project management plan that consist of cost, time, quality and resources etc.
Thus, proper tools and techniques of research practices must be in use to conduct data analysis.
Lastly, report will focus over suggestive measures so that process as recruitment, selection and
training of employees can be improvised to meet international requirements.
LO 1
P1 Define project aims and objectives.
Multinational corporation set up production in more than one country. The process of
globalisation is helpful as it enables to have development in trade and communication with
different countries (5 benefits of international expansion. 2017). Thus, MNC's plays one of
crucial role in process of globalisation. Henceforth, global trading aids to growing
interdependence of the world economies, cultures, population across the boarders relate with
good and services, technologies, flow of investment and information. Globalisation is one of
effective process that stimulates technical advancement and also leads to have growth in foreign
direct investment that improves output of economies by making whole process more efficient.

Therefore, positive impact of globalisation can be seen over factors as education, technology,
investment, competition and culture etc.
Therefore, globalisation is process that play their role as to make better communication
and integration among people, government and companies of different nations. Henceforth,
assignment will work as to determine the impact of globalisation on multinational to meet
international requirements. Thus, goals and objects relate with chosen topic are defined in below
contexed manner as-
Aim-
To determine the influence of globalisation on international level to encounter global
requirements. A case study on Nestle.
Objectives
 To articulate the idea and importance of globalisation over multinational companies.
 To access the beneficial aspect of globalisation related with multinational companies.
 To identify the challenges of multinational companies to execute process of globalisation
to meet global requirements.
 To provide effective measures to promote awareness to have better recruitment, selection
and training of employees to meet global requirements.
P2 Description on project management plan that covers cost, scope, time, quality and
communication.
The PMP defined as to have agreed, formal document that works as to define how
assignment is need to be executed, monitored and controlled. Thus, it is defined as detailed
document and it includes baselines, planning document and management plans. Thus, its defined
in below contexed manner as are-
 Scope- The purpose of this project relates with to identify the effect of multinational
companies to meet international requirements (Crane and Matten, 2016). Thus, PMP will
mainly focus over to draw and highlights aims and objectives so that entire report can be
conducted effectively. Therefore, quality specification must be maintained so that project
activities must be done in appropriate manner.
 Cost- The estimation of cost needs to be done to carry out whole research process
systematically. Thus, total cost of baseline project must be crucial to estimate so that all

other activities can be carried out effectively. Therefore, cost is need to be inclusive of
labour cost, assets impacts and direct expenses as well.
 Time- This is one of crucial components that aids to accomplish the task effectively.
Thus, each activity must be given particular deadline so that project can be accomplished
within the set deadline. Therefore, project management plan inclusive of number of
components as due dates, identifying deliverables and budget etc.
 Quality- In order to make entire project report effectively, it is crucial to cover all things
with reliability and validity (Davies, 2016). The all information must be monitored and
should be reliable so that integrity of research must be maintained.
 Communication- It is one of the crucial component that aids to provide description
about the topic of research report. In addition to it, system of communication and project
documentation aids to give depth knowledge of report. Therefore, it is essential to meet
effective communication between the stakeholder so that all activities can lead in proper
manner.
 Resources- The research report includes number of resources that aids to meet desired
aim and objectives (Matveev and et.al., 2016). Thus, the effective team act as resources
that carries out all activities effectively. Thus, resources inclusive of man, material and
labour etc.
 Risk management- This section that aids to develop the process effectively and
efficiently. With help of managing the risk associated with activities of project
management plan aids to conduct research activities effectively.
P3 produce work breakdown structure and Gantt chart to provide time frames.
It is document that works as to identify main deliverables of project relate with work
breakdown structure. Thus, this is defined as process that breaks down the task into varied
sections. Therefore, it can be called as hierarchical tree structure that frameworks project
activities into smaller and manageable portions.

Gantt chart- This defined as horizontal bar chart that works as amount of work done and
production completed within certain period of time. Therefore, it is graphical document that
schedules the project activities in terms to plan, coordinate and track specific task in better mode.
Thus, this defined as-
Network diagram-
LO 2
P4 Define small scale research with help of application of qualitative and quantitative research
methods.
This term is defined as systematic plan that aids to collect research effectively and
efficiently. Thus, it is helpful to provide research method that aids to provide detailed
information. Therefore, research methods are described as follows :-

Research philosophy- It contains a framework on which overall research is based. It describes
the way in about overall purpose of research. (Neubauer and Lank, 2016). Thus, it aids to be
aware and formulate the beliefs and assumption that collect the research activities effectively.
Therefore, in this each process based on assumption as source and nature of knowledge. In
addition to it, research philosophies classified into categories as are pragmatism, positivism,
realism and interpretivism etc. In this, positivism method defined as it is based on natural
phenomena and relations that aid to conduct certain knowledge. Whereas, it is based on to
determine and interprets the elements of study. This is term that can integrate human interest into
study. The researcher has used interpretivism technique.
Research approach- It refers to plan or procedure which states how data will be collected and
analysed. This is useful in conducting study in systematic manner and interpreting data as well
(Venkateswar and Bandyopadhyay, 2016). There are many types of research approach such as
deductive, inductive and adductive approach etc. In deductive hypothesis is developed on basis
of research questions. In inductive theories are concluded which is based on observations. In
current study scholar has used inductive technique so that information can be based on
observation and techniques.
Research strategy- This is term that is defined as plan of action that aids to direct study in right
direction to attain aims and objectives. It is helpful term that enables to conduct research
systematically and also aids to generate relevant and precise outcomes. They are classified in
techniques as descriptive, associational, correlation, etc. Thus, descriptive techniques aids to
conduct the research in depth mode with help of method as observation, case study and survey
methods. In order to determine the implication of globalisation on multinational companies,
scholar has used descriptive technique so that depth information can be conducted. It is helpful in
order to explained as describing, explaining and validating all kind of research findings.
Data collection- It is a crucial aspect of research study. It is defined as process of gathering data
and information from reliable sources in order to find research problem ( Waddell, 2017). Thus,
data collection is process that divided into two categories as secondary and primary. Here,
primary method can be used to collect first hand information with help of interviews, projective
techniques, schedule method and observation method etc. Whereas secondary data is gathered
through journals, articles, etc. In present study scholar has used primary technique and for this
survey is been conducted.

Sampling- It is process that aids to represent the entire group as a whole. It allows researcher to
gather data based on result from a population. The sampling method classified as random,
systematic, cluster and stratified etc. thus, each respondent has equal chance to reflect their
opinion. In order to determine the impact of globalisation on MNC to meet international
meetings simple sampling technique is been used and sample size taken is 75 employees. This is
one of the effective technique to collect the information in depth manner.
Data analysis- This is procedure that consists of interpreting and analysing whole data of
research with aim of producing the reliable and systematic information. This is process that aids
to evaluate the information with use of logical reasoning and analytical data to have better
finding (Charles Schmidheiny and Watts, 2017). The qualitative technique can be useful to
determine the data by using tool as collecting and analysing information with help of interview,
participation and observation. On contrary, quantitative technique can be used to have statistical
and practical data. It is helpful to measure the information in systematic manner.
Ethics- This is term that provides responsible guidelines to conduct research report
systematically ( Crane and Matten, 2016). It is essential to undergo with research activities in
terms to ensure high ethical standard. Thus, it is essential to ensure confidentiality of data. Also,
information must not be shared with other person or third party. Thus, reliability and
confidentiality of the data aids to collect and interpret the research activities in appropriate
manner.
LO 3
P5 Description on research and data using appropriate tools and techniques.
QUESTIONNAIRE
1. Does multinational corporation earn profitably by expanding their business at
international level.
 Yes
 No
 May be
2. Is expansion in foreign market aids to improvising company return on capital and
reinvestment rate.
 Yes

 No
 May be
3. What are beneficial aspect behind expansion of business activities at international level?
 Greater opportunities
 Effective market growth
 Diversification
 Increment in revenue
4. Do you think globalised multinational corporation at international level bring
innovation.
 Yes
 No
 May be
5. Does multinational corporation enjoy lower taxes rates for export and import in other
countries?
 Yes
 No
 May be
6. Do you believe globalisation helps in enhancement of economy growth?
 Yes
 No
 May be
7. Does global trade assists to diversify business activities?
 Yes
 No
 May be
Analysis and interpretation-
Theme 1: Multinational corporation earns long term productivity by expanding their business
at international level.

1. Do you believe multinational
corporation earn profitably by
expanding their business at
international level. Frequency %
Yes 50 66.67%
No 15 20.00%
May be 10 13.33%
Total 75 100.00%
Interpretation- With help of above given graphical presentation it can be interpreted
globalisation works as to enhance business activities at international level. Therefore, the total
number of respondents are as 75 respondents. In this, 50 participants said yes, 15 said no and 10
Yes No May be
0
10
20
30
40
50
60
50
15
10
Frequency