Globalization and BREXIT: A Project on UK Businesses and Impact

This project delves into the effects of globalization and BREXIT on UK businesses, using John Lewis as a case study. It begins with a project plan, outlining the topic, aims, objectives, scope, limitations, resources, and costs. The project incorporates a Gantt chart and work breakdown structure for effective management. The research aims to identify the risks and benefits of joint ventures in global market expansion. Key objectives include understanding globalization, analyzing its benefits for John Lewis, determining challenges of global expansion, and identifying ways for John Lewis to expand through joint ventures. The project also addresses scope, limitations, resource allocation, cost considerations, and risk assessment, providing a comprehensive analysis of the impact of globalization and BREXIT on UK businesses. The project concludes with references to relevant books and journals.

Globalization and impact on
BREXIT on UK Businesses

Table of Contents
TASK 1: Project plan.......................................................................................................................3
1. Explanation of the proposed topic...........................................................................................3
2. Aims and Objectives...............................................................................................................3
3. Scope and Limitations.............................................................................................................3
4. Resources and Cost consideration...........................................................................................4
5. Gantt Chart and Work breakdown structure...........................................................................4
.....................................................................................................................................................7
6. Risk Resister covering in the research ...................................................................................7
REFRENCES...................................................................................................................................8

TASK 1: Project plan
1. Explanation of the proposed topic
Globalisation is the process in which company sells their products as well as services at
global level. This research will be going to discuss the Globalization and its impact on BREXIT
on UK Businesses. Organisation taken in respective is John Lewis which is founded in 1864 and
its founder is John Lewis. They are offering their products and services in United Kingdom and
trying to do business expansion in Asian Countries (Beamish, 2013). Method of doing business
at global level chosen in the research is Joint Venture. It will be going to focus on the aims and
objective for the given case scenario. Moreover, scope is also discussed which will be gained
while doing business expansion along with scope, there will be several limitations also. Apart
from this, for continuing respective research there is need of several resources as well as cost for
continuing research. Work breakdown and Gantt chart is implemented so that project will be
managed in effectual way and completed within required time period. Rationale of the topic is to
identify benefits of globalisation for an organisation and way which can be used for doing
business at global level.
2. Aims and Objectives
Aims of the Project
To identify risk and benefits for joint venture while expanding business at global market.
A case study on John Lewis.
Objectives
 To identify the concept of globalisation.
 To analyse the benefits of globalisation for John lewis.
 To determine the major challenges of expanding business at global level.
 To ascertain the ways through which John Lewis expand its business at global level with
the joint venture with other organisation.
3. Scope and Limitations
Scope- There is a wide scope for John Lewis while they are expanding business at
international level because it will result in generating huge revenue and grabbing customers from
market area. It also assists the association in ascertaining proper way as well as that will help the
same firm in offering better services to the customer. By conducting this research on

globalisation researcher and organisation will grasp vast information as well as each and every
aspect of respective topic in appropriate manner. Along with this, identify the benefits of it for
company.
Limitations – There are several limitations such as different culture, religion, taste and
preferences of customers. Apart from this, one of the major issue will be related to data
collection which is important for gathering peoples review related to business expansion.
At the time of conducting research researcher face several issues such as lack of gathering
data from reliable sources (Cuiand Jiang,2012). This is necessary for gathering respondent’s
views about joint venture which is a source of business expansion.
4. Resources and Cost consideration
Resources – At the time of undertaking research it become responsibility of researcher to
take care of resources required as well as available. Because without proper allocation of
resource it become difficult to continue overall research. For executing research in effective
manner it is very important for the manager of John Lewis to manage resources properly. There
is requirement of several resources such as human resources, financial resources as well as
various other tools also like technology which is needed for carrying out business operations. It
is very crucial that resources must be properly utilised by manager of John Lewis within the
organisation so that will not exceed the cost of production and result in generating more and
more profit for business. Along with this, resources required by researcher are intellectual
property rights, R&D etc.
Cost- Before undertaking the project, cost is very much crucial factor which have to be
considered by John lewis. While expanding business in Asian countries. It is essential to plan
budget in effectual manner because it will assist in managing overall operations of the entire
project in effective manner (Dai and et.al., 2014). Apart from this, there are several types of cost
related project management such as labour cost, operation cost and so on all these have to be
estimated in accurate manner while expanding business at global level or doing joint venture.
Cost required for expanding business at global level is 300 million.
5. Gantt Chart and Work breakdown structure
Gantt chart is given by Henry L. Gantt he is an American engineer and also social
scientist. It is introduced in 1917 with the motive of managing project because graphical
presentation provides proper assistance in planning, coordination and tracking specific task or

entire project. In Gantt Chart events and tasks are shown with their starting as well as ending
timing. Although, in the graphical charts on left side activities are given along with their suitable
timing of starting and finishing on the top. Each and every activity is explained with the help of
bars; the place and length of the bar reflection date of their starting, duration as well as ending
date of the activity.

Work breakdown structure is the project management tool in which entire project divide
into small chunks for managing overall activities in appropriate manner so that will be complete
within specified time period. Moreover, in other words it can be said that with the assistance of
Work breakdown structure project will be manage easily by dividing in small parts. Most
important thing is WBS can be applied to every type of project without any restrictions. Scope
respective project management tool is presented with the assistance of graphs as well through its
diagram it become easy for staff members of an organisation to manage work effectually.

6. Risk register covering in the research
Risk is an uncertain part of the business when it come to some new project there are
various risk which associated with it (Dunning,2015). As per the present scenario, business
environment is dynamic in nature and these modifications come along with several risk and all
these will be included in planning of project. Moreover, while making project there are several
risk which have to be consider by manager of John lewis such as back financial plan for any
monetary crises, changes in political factors and so on for identifying their impact on functional
activities of business. In relation to John Lewis, they are expanding business in Asian Countries
they have to design their business management plan in better manner so it will not affect their
working in other nations.

REFRENCES
Books and Journal
Beamish, P., 2013. Multinational joint ventures in developing countries (RLE international
business). Routledge.
Boddewyn, J. J., 2015. Political aspects of MNE theory. In The Eclectic Paradigm (pp. 85-110).
Palgrave Macmillan, London.Chesbrough, H., Vanhaverbeke, W. and West, J. eds.,
2014. New frontiers in open innovation. Oup Oxford.
Cui, L. and Jiang, F., 2012. State ownership effect on firms' FDI ownership decisions under
institutional pressure: A study of Chinese outward-investing firms. Journal of
International Business Studies. 43(3). pp.264-284.
Dai, L. and et.al., 2014. Entrepreneurial orientation and international scope: The differential roles
of innovativeness, proactiveness, and risk-taking. Journal of Business Venturing. 29(4).
pp.511-524.
Dunning, J. H., 2015. Reappraising the eclectic paradigm in an age of alliance capitalism. In The
Eclectic Paradigm (pp. 111-142). Palgrave Macmillan, London.