Globalization's Impact on Bentley's Management and Operations

This dissertation examines the profound impact of globalization on the management and operations of multinational organizations, with a specific focus on Bentley Motors. The introduction outlines the background, aims, objectives, research questions, and rationale, setting the stage for an in-depth investigation. The literature review explores key themes, including understanding globalization, its influence on management and operations, and the skills required for global efficiency. The research methodology and potential outcomes are briefly addressed, followed by the conclusion and references. The study aims to provide a comprehensive understanding of how globalization shapes business strategies, human resource management, and operational challenges within a multinational context, contributing valuable insights for both academics and practitioners. The research also emphasizes the need for managers to adapt and develop skills to navigate the complexities of the global market and ensure the long-term success of the organization. The dissertation extensively reviews the impacts of globalization on international trade, technology, and culture, which in turn, facilitate interdependence and integration among nations through fostering free trade at the global level.

Dissertation

Contents
Topic: “To evaluate the impact of globalisation on the management and operation of a
multinational organisation”. A research work on Bentley...............................................................3
INTRODUCTION...........................................................................................................................3
Background of project.................................................................................................................3
Aims and Objective.....................................................................................................................4
Research questions.......................................................................................................................5
Rationale of research...................................................................................................................5
LITERATURE REVIEW................................................................................................................5
Theme 1- To have better understanding about the concept of globalisation...............................6
Theme 2- To evaluate the various ways in which globalisation has created an impact and
influence on management and operations of multinational organisation....................................6
Theme 3 - To identify the skills and competencies required in employees and managers of
Bentley in order to work efficiently at global level.....................................................................6
3. Research methodology.................................................................................................................7
4. Potential outcomes.......................................................................................................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................7

Topic: “To evaluate the impact of globalisation on the management and
operation of a multinational organisation”. A research work on Bentley.
INTRODUCTION
Background of project
Globalization have been considered to the process of per level of integration and interaction
among the different people belonging to different cultures and government all the worldwide.
This is considered to be complex level of phenomena which have the major entailing the more
level of capitalist he more level of integrations with more level of local and national economies
into a global, unregulated market economy. Globalization has grown due to advances in
transportation and communication technology. With the increased global interactions comes the
growth of international trade, ideas, and culture (Nikolova, Rodionov and Afanasyeva, 2017).
Thus, globalisation has facilitated more interdependence and better integration among nations
and economies through fostering free trade at global level. The positive impact of globalisation
includes better expansion opportunity and reach to latest and more efficient technology
advancement.
In addition to there impact of the globalizations on the management along with human
resources have been the considered as the most challenging aspect to order to have the effective
level of calibre for the management in order to have the navigating the complex level of maze
in terms of the global and local customer , culture and respective laws .
On the other hand, there global level of operation managements is considered to be the financial
aspect of the company which have ben under the unpredictable level of services which have led
to the economic level of the economic downturn with the competitiveness in the market share.
There has been the more level of key element which is more way for the underpinning their
global level of environment which will be turned out to be the part of globalization and
internationalisation in perfect manner.
In the various level of research, it have been clearly noted that’s there the firm are
manufacturing and services level of facilities to the respective level of supply drivers which
have the inclusion of there global market along with increase level of completeness with he
increase of the respective sales into the respective new global market.
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In the recent world, there is infoldment of the various level of tactics among the different
business organization who are looking for the extensions of the trade at international level with
the respective pattern of the more over foreign direct investment, this is there resulted as the
emerging level of industrialization with highly global level of competitive markets (Sims, 2019).
The company have the set needs to maintain the objectivity and plans in more successful
manners which will be helpful in competing there domestic and global marker in the more
efficient way.
On the other hand, operational managements is the considered to be the level of systematic
approach which will be helpful in penetrating all the issues by the process of transformations by
converting the input material into the significant level of output. In addition to that the global
market have the more level of imposing of the efficient use of significant resources in order to be
towards globalize economic systems which can be imposed to ae the new level of standard in
order to have the thinking the domestic market and penetrating the global one. In order to have
the achievement of the objective of the globalization, thee is the need to the improve the level of
communications by opening the financial system to the technologies which could be achieved
there the utilization of the resources and adequate level of customer service.
There is the need to have the development of descriptive strategy which is helpful in proving
the success opportunities which can be termed to be the customer oriented firm which is more
level of have empowering there world wide there making the different choices into order to
have delivering of innovative product e services to the need of customer in more respective way.
Aims and Objective
The aim of this research work is, “To get better understanding about the ways in which
globalisation has created an impact on management and operations of multinational
organisation.”
Objectives
The main objectives of this investigation made on Bentley motors Ltd are as follows:
 To have better understanding about the concept of globalisation.
 To evaluate the various ways in which globalisation has created an impact on
management and operations of multinational organisation.
 To identify the skills required in managers of Bentley in order to work efficiently at
global level.
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Research questions
 What perceptive you are having about the concept of globalisation?
 What are the possible ways in which globalisation has created an impact on management
and operations of multinational organisation?
 What are the various skills required in managers of Bentley to work efficiently at global
level?
Rationale of research
The topic of the research has been chosen in more justified and rational ay as there it has been
clearly associates with the descriptive impact of the globalization on the operation of the
international organization. This have been considered as the significant factor which is
influencing the business as the current topic is more level to be effective in more way of
evaluating there business management effective and suitable steps in more manner to have the
grabbing of more level of opportunities and overcoming of respective threat of the firm. This
tips have bene the academic insert and the hot issues which is grabbing the attention of all the
investors and respective stakeholders (Aligaesha, Park. and Chang, 2019). Thus, selection of this
topic on impacts of globalisation is justifiable as facilitates better success and more viability for a
multinational organisation through providing better understanding about impacts of globalisation
on business operations and management. Apart from this, the selected research topic is also
important and justifiable from view point of interest of researcher and also suitable as per the
academic and educational background of investigator.
LITERATURE REVIEW
This part of the research has been considered as the important aspects for the respective research
paper along with thesis and dissertation as this is helpful in proving there the information and
analysis of different situations with the help of existing level of knowledge and impact. This is
considered to be the major level of association for the evaluation and analysis the respective facts
an publication which is helpful in facilitating the better level of understanding regarding the
respective chosen topic. Following literature review are done for current dissertation work
through survey of various scholarly online sources and articles in order to set a framework and
base for investigation on the topic of impacts and influence of globalisation.
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Theme 1- To have better understanding about the concept of globalisation
As per the view of Crane and et.al., (2019), Globalization has grown due to advances in
transportation and communication technology. With the increased global interactions comes the
growth of international trade, ideas, and culture. In addition to which the process has the proper
level of manifestation with the production the respective goods and services in order to have the
manifestation to have the world trade by assisting their control over the economy regarding all
the level of changes and demands tasking place in the global world. Thus, globalisation has
facilitated more interdependence and better integration among nations and economies through
fostering free trade at global level. On the other hand , the Vance, (2018) contradict that to their
impact of the globalizations on the management along with human resources have been the
considered as the most challenging aspect for having the proper allocation of human resources
as per the need and wants in more o b fix in the local, culture and international world economy.
According to the viewer of Berger‐Walliser and Scott, (2018), there is the need for the capital to
have there beater level of fiancé in the national and international market by the more way of
expecting there increase in the process of the globalizations as it can be turned as the easier
concept to handle there globalization process and make the international transaction easier in
perfect manner. on the other hand, the Lok and et.al., (2019) contradicted that’s there the concept
of the globalisation in more level to be evaluated with the increase level of integration along
with interdependence among the cultures with the economies at the global level to have the
enhancing the various culture and economies at global level that has enhanced the phase of
international trade and expansion of business operations. The author also supported the
statement globalisation can have more facilitation more interdependence and better integration
among nations and economies through fostering free trade at global level under the unpredictable
level of services which have led to the economic level of the economic downturn with the
competitiveness in the market share.
As per the view of Alharthey (2018), expanding more level of geographical level of the
footprints will be considered as there expensive a risky level of proportions as the concept is the
more developing and considered to be stabilized level of force. This is helpful in creating the
short-term level of opportunity over the potentials of the future risking order to have the
extraction business. in addition, o the todays the marketplace which is conducting the business
by the upside in the short term in way of securing the customer loyalty by sheering there
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international markets with the key partners and more distribution agreements. As the consumers
as the world economy which is able to serve multiple markets which is seamless in the business.
On the other hand, there is broad macroeconomic which have been experienced in manner to
became there most level of identifiable in the manner of ending the cold war. The firm seems to
have the rapid level of advancements in other emerging markets in order to have the
establishment of there free level of trade agreements and creation of internet technology
communication in perfect way.
According to the view of consumers, the foreign brands have there more level to be completed
in the improving the level of standard in terms of their quality and satisfaction services of
customer in perfect manner. this have been benefitted the customer in order to raise the more
level of increased compactions in terms of the knowledge level of countries. On the other hand,
the(Pindzo and Radulovic (2017) constrict that’s their new level of countries are having the
acceptability of their growth and expansion to bitterly handing the primary and secondary
industries to be competitive in upcoming future.
According to the view of their Kováčiková and Štofková, (2016), globalisation have created the
rise in the foreign investments indifferent ways of countries which is helping out the native
industries to have the opening of the highly level of beneficial ventures. In addition to that every
country have the tendency to have the tendency of global growth with shared value of resources
which have never been imagined before than 30 years. On the other hand, the Sufian. and
Kamarudin, (2016) contradict that’s with the viewpoint of the globalization the individual’s
native firm cannot have the holding the back for offering the different opportunities. This s the
tapping the level of benefits with the global network which will have nations industries to grown
the nature with everyone’s benefits.
According to view of Jones and Takada, (2019), the world in evolving thee trading the business
with the undergoing the changes at huge level as globalization have the easy level of availability
with connectivity amongst the nations with access of the trade rights to have globalization as
older roots. In addition to that’s there international business have the more level of possibilities
in order to have the proceeding of the cut throat completion. In addition to that’s their impact of
the globalizations on the management along with human resources have been the considered as
the most challenging aspect to order to have the effective level of calibre for the management in
order to have the navigating the complex level of maze in terms of the global and local customer
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, culture and respective laws . There is infoldment of the various level of tactics among the
different business organization who are looking for the extensions of the trade at international
level with the respective pattern of the more over foreign direct investment, this is there resulted
as the emerging level of industrialization with highly global level of competitive markets
Theme 2- To evaluate the various ways in which globalisation has created an impact and
influence on management and operations of multinational organisation
As per the view of the Raadschelders, and Verheijen, (2019), globalization have the major
level of relinquishing the many level of trade barriers to the uninhibited level of economic
development in different countries. The concept has the clear level of impacts in their operation
and supply chains managements of the firm by identifying the four important areas which is such
as the procurement and sourcing methods, inventory management, distribution facility locations,
and transportations.
On the other hand, the Bhatia and Panneer, (2019) have the contradiction to the
statement as there the ways of classifying the growth of the of countries have the division into
the three important groups which is such as the a) industrialized, (b) developing, and (c) less-
developed nations. The author has explained the statement as the industrialized nations have the
major level of characterizing the healthy climates for the private business enterprise which is
climate focussing to meet up their consumer longer need and wants. In addition to that’s their
nation used to have the higher level of literacy rates along with modern technology and higher
level of capital incomes. The author also has the supportive statement that the less level of
developed nations which have the extensive level of proper, lower capita of incomes and
standard of living along with lower literacy rates and very limited technology. The nation tends
have here lacks of strong level government, financial, and economic systems to support a healthy
business community. Their economies tend to be focused on agriculture and production of raw
materials
As per the view of the Raadschelders, and Verheijen, (2019), the impact of the globalization on
the embraced of business to be continues their corporate level of growth and ability to have the
save money in which the procurement and sourcing method to have bene impacted by the
globalization. This have acquired their film to have arcing there supplies the materials and
labour in more efficient manner. the company tends to have the offering to the labour who
belongs to the less developing nation at the lower cost in way to having the tremendous level of
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saving ay cheaper rate of production. On the other hand, the Lok and et.al., (2019) contradicts
there this method have the cause of potential level of issues as the company will tends to have
the saving of money at the cost of quality and reliability which will be considered as the most
important aspect of the firm. In addition to that’s the firm have supported the statement as there
inventory management tactics have the stocked level of goods which have been impacted with
noticed level of changes due to the level of uncertainty in the more better transportation of
products. The factor which have the inclusion of aspect are such as their weather or port issues or
overseas markets in order to have the adaption of the safety stocks and extra one to have proper
level of mitigations in order to supply their level.
As per the views of the Berger‐Walliser and Scott, (2018), distribution level of facility is
the considered to be the level of locations where the products is been received, stored, organized,
and redistributed, are now much more difficult to manage due to the complexity of the globalized
network. On the other hand, the the Vance, (2018), contradict that’s there firm have united there
network of dealing the tools which helps in choosing the best ever locations in term of facilities
in order to have incorporations to have the international level of shipments with easy access
oversea to ports.
Hence, this have been stated as the globalisation have the clear way of impact in both
negative and positive aspects as the business which have developing the nations to have effective
business life society and the environment for the different ways to have all level of
incorporations with affected changes. The author also has the supporting the statements which
have the increasing rate of completions along with rapid change in technologies and information
transfer. On the other hand, the Crane and et.al., (2019), have contradicted that’s there are
challenges which have the companies. to make the need to keep with various impacts which have
the major effects of the globalization. Hence this have the important for the firm to have the
change in more way of acknowledging their information’s in order to have the adaption of the
local level of challenging in perfect manner.
In contrary to Hack-polay, Opute and Rahman, (2020) stated that Globalisation affects the
working of operational strategies in both negative and positive ways. Global influences that can
be used as an operations approach that inclusive of the global sourcing, economies of scale,
scanning and learning and research and development. On the other hand, this can be stated that
Globalization works as to enhanced the increased competition at the global level by expanding
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their business units. In addition to this, it can be stated that the competition that exist in the
market can be related to product and service cost and price, target market, technical adaptation,
quick response, quick manufacture by companies etc. As per the view of Spring, (2020) stated
that there are number of the enterprise that offer the enterprise services globally and this also
supports to expand their market and services from overseas to decrease their costs of
commodities and services. In addition to this, the outsourcing services, decrease in wages,
workers' rights and interdependent economy are some of the negative effects of globalization on
corporations. According to the view of Gherghina, Botezatu and Simionescu, (2020) stated that
there are a number of negative component that impacts globalization and this also has bad effect
on cultural diversity within the enterprise. In addition to this, it can be stated the influence of the
multinational corporations have on promoting a consumer culture, exploitation of workers and
markets and influencing societal values.
Theme 3 - To identify the skills and competencies required in employees and managers to work
efficiently at global level
Managerial skills are crucial as this assist the organisation to run out the business activities
in effective and efficient mode. Additionally, manager plays in the organization require having
some skills to accomplish the certain objectives. With the use of effective skills or qualities that
an organization looks for in a person to assign him as a manager. As per the view of Radović-
Marković, Brnjas and Simović, (2019) stated that management skills termed out as an attributes
or abilities that an executive should possess in order to fulfil specific tasks in a group.
Henceforth, effective management skills have capacity to perform executive duties in an
organization while avoiding crisis situations and promptly determining glitches when they occur.
However, this can be stated that management skills can be developed with help of learning and
developing practical experience as a manager. Therefore, skills assist the manager to relate with
their fellow co-workers and also aids to know how to deal well with their subordinates in the
organisation. It allows for the easy flow of activities in the organization. In contrary to Mbaiwa,
Mogomotsi and Siphambe, (2019) stated that Good management skills are crucial for an
enterprise in order to get succeed and this also leads to achieve its goals and objectives. In
addition to this, it can be true to stated that effective managers foster good management skills
that able to propel the company’s mission and vision or business goals forward with fewer
hurdles and objections from internal and external sources.
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As per the view of Peters and Vellas, (2019) stated that management and leadership skills
termed out as to often interchangeably as they both inclusive of the planning, decision-making,
problem-solving, communication, delegation, and time management. According to the view of
stated that good managers works as to lead the organisational activities in proficient mode. In
addition to this, stated that the critical role of a manager assists to ensure that all parts of the
organization are functioning cohesively. Without help of this kind of integration, numerous
issues can arise and failure is bound to happen. Management skills termed out as the crucial
process that has numerous positions and at different levels of a company from top leadership to
midway supervisors to first-level managers.
According to the view of Custódio, Ferreira and Matos, (2019) stated that Technical skills
inclusive of those skills that provide the managers has the ability and the knowledge to use a
variety of methods so that can lead to accomplish the organisational objectives. In addition to
this, Hack-polay, Opute and Rahman, (2020) stated that effective skills of workers and managers
do not only helps to operating machines and software, production tools, and pieces of equipment
but this is also effective in terms to boost sales, design diverse types of products and services and
market the services and the commodities.
As per the view of Spring, (2020) stated that conceptual skills are also helpful as this helps
the manager to conduct the working in terms of the knowledge and ability for abstract thinking
and formulating ideas. Therefore, manager must adopt this skill as this helps to improve entire
concept, analyse and diagnose a problematic issues and also support to find creative solutions. It
is termed out as the process that helps the manager to effectively predict hurdles of their
department or also assist to conduct the organisational activities in proficient aspect.
According to the view of Gherghina, Botezatu and Simionescu, (2020) stated that planning aids
to define the gap between where entity is today and where to reach. Mangers must be able to
conduct the proper planning of organisational activities. Thus, one of the effective skill of
manager is to conduct the proper planning in terms to organisational activities. This is effective
skills that aids to ensure the success within enterprise. Planning is termed out as the vital aspect
within an organization. Planning leads to define an ability that organize activities in line with set
guidelines with available resources such as time, money, and labour. However, this is also
defining as process that leads to formulating a set of actions or one or more plan of actions that
works as to pursue and also achieve certain goals or objectives with the available resources. As
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per the view of Radović-Marković, Brnjas and Simović, (2019) stated that planning process
includes identifying and setting achievable goals, developing necessary approaches and outlining
the tasks that schedules on how to achieve the set goals. Without a good plan, the desired goals
within the organisation cannot be accomplished.
As per the view of Mbaiwa, Mogomotsi and Siphambe, (2019) stated that communication skills
are one of significant skill that must be adopted by manager. This is defined as an essence of
management that leads to undertake the proper course of actions. With the use of effective
communication skill, the entity can able to determine that how an entity use this information
throughout a team, ensuring that the group acts as a unified workforce.
Communication involves the flow of information within the organization and this is process that
covers formal or informal, verbal or written, vertical or horizontal. Therefore, this also leads to
facilitates smooth functioning of the organization. In addition to this, Peters and Vellas, (2019)
stated that effective use of communication helps to established communication channels in an
organization that allow the manager to collaborate with the team, prevent conflicts and support to
determination of the issues as they arise. Therefore, this can be stated that manager with good
communication skills can relate well with the employees and they work as to achieve the
company’s set goals and objectives easily.
As per the view of Custódio, Ferreira and Matos, (2019) stated that the another crucial
management skill that manager must have is decision-making. In the entity, managers are bound
to make numerous decisions and they must have power to analyse the things properly and to
conduct one effective decisions as this is one of the crucial key component in a manager’s
success. By the use of implementing and taking Making right decisions aids to results in the
success of the organization. On the other hand, poor or bad decision in the organisation can lead
to failure or poor performance. In order to run out the organization activities in smooth manner
this is crucial to undertake right decision that leads to gain competitive advancement. In the
enterprise, manager needs to be accountable for every decision that they make and as this also
assist to take responsibility for the results of their decisions. As per the view of stated that the
good manager needs to possess great decision-making skills and this mainly dictates success in
achieving organizational objectives.
In contrary to Custódio, Ferreira and Matos, (2019) stated that the one of the another significant
skill that is to work as to organise the activities in the enterprise in proper manner. This leads to
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