Analyzing the Effects of Multinational Corporations on Business

This report investigates the impact of multinational companies (MNCs) on business environments, using Tesco as a case study. The study begins by outlining project aims and objectives, followed by a project management plan covering aspects like cost, scope, time, and risk. A work breakdown structure and Gantt chart are developed to provide timelines and stages for completion. The research employs both qualitative and quantitative methods to collect and analyze data. The findings explore the role of MNCs in the business environment of host countries, including both positive and negative impacts. The report concludes with recommendations based on the research, a reflection on the process, and relevant references. The report is a comprehensive analysis of the influence of multinational corporations on global business dynamics.

Managing a successful
business project

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1 .................................................................................................................................................1
P1 Devise project aims and objectives for a chosen scenario.....................................................1
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and sources...............................................................................................2
P3 Producing a Work break down structure and a Gantt chart to provide time frames and
stages for completion..................................................................................................................5
LO 2.................................................................................................................................................7
P4 Conduct a small scale research by applying qualitative and quantitative research methods.7
P5. Analyse research and data using appropriate tools and techniques......................................9
LO 3...............................................................................................................................................10
P6. Data Analysis, Findings and Recommendation..................................................................10
Findings.....................................................................................................................................17
P7. REFLECTION....................................................................................................................19
CONCLUSION..............................................................................................................................20
REFERENCES .............................................................................................................................21

INTRODUCTION
Multinational companies provide different opportunities and growth with many benefits.
However, this institution may also bring with them relaxed codes of ethical conducts.
Multinational Corporation improving the balance of payments, investment basically is very
helpful for the company to collect the different investment capital sources. Present research will
be based on the impact of multinational companies on the business environment of the other host
destinations. To conduct this study further, research has been based on the multinational
company Tesco which is a British transnational consumer goods supermarket situated in UK and
more than 190 countries. However, research will explain the research aims and objectives by
preparing the project management plan. Overall, study previews the role of multinational
companies and its effects on the overall performance of the business environment of the goals.
LO1
P1 Devise project aims and objectives for a chosen scenario.
Background
Multinational companies are kind of engine of global economic development,
technological transfer and deepening globalization (Sassen, 2018). They not just focused on their
domestic market and also planned to set up the new working environment for the new
development process in host economies and by purchasing subsidiaries through mergers and
acquisitions. Such as Tesco is the multinational corporation that are planning to operate its new
business expansion in chain market. So the study will find out that how Tesco affect the China
market when they entered into the business. The scope of international business focuses on the
particular problems and opportunities that emerge because a firm is operating in more than one
country. In order to critique that, International corporation also creating challenges for the
businesses in terms of arranging the different resources. Sometimes multinational companies
creates its own monopolistic markets which creates inefficiency level of the business growth.
Multinational business organisation has always been creating the advanced product or services
with some unique elements (Barlow and Clarke, 2017). It brings several growths and
development area that brings by the organization in different productive manner and advanced
business growth. Present study based on the evaluation process to identify the impact of
multinational organisation on the host country. Such as researcher will identify how Tesco affect
the business environment of China. International market must be stressed by the impact of the
1

dynamic factors unique to the playing field for international business are felt in all relevant
stages of evolving and implementing business plans (Gilberthorpe and Hilson, 2016). In order to
critique that, multinational corporation can also cause harm to the environment. Smaller or less
efficient government often trade an increase in revenues for access to their natural resources. The
lower standards creates better pricing structures for each customer.
Aims : “To identify the impact of Multinational corporation on the business environment of hots
destinations”. A case study based on Tesco.
Objectives
 To determine the role of multinational companies in the development of business
environment of host countries.
 To analyse the positive and negative impact of multinational companies in host countries
 To ascertain the challenges faced by the business environment of the host country.
P2 Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk, and sources.
Table 1:Project Management Plan
2

Design 1 day Fri 4/13/18 Fri 4/13/18
Development of Project
Initiation Document 15 days Mon 4/16/18 Fri 5/4/18 1
Determining resources of
project 10 days Mon 5/7/18 Fri 5/18/18 2
Formulation of goals and
objectives 6 days Mon 5/21/18 Mon 5/28/18 2,3
Setting deadlines 1 day Tue 5/29/18 Tue 5/29/18 4
Gathering Team 15 days Wed 5/30/18 Tue 6/19/18 5
Develop 1 day Wed 6/20/18 Wed 6/20/18 6
Conducting meeting 10 days Thu 6/21/18 Wed 7/4/18 5,7
Scope of project 5 days Thu 7/5/18 Wed 7/11/18 8
Collection of data 10 days Thu 7/12/18 Wed 7/25/18 9
WBS structuring 10 days Thu 7/26/18 Wed 8/8/18 10
Planning of budget 14 days Thu 8/9/18 Tue 8/28/18 11
Implement 1 day Wed 8/29/18 Wed 8/29/18 12
Assuring quality 20 days Thu 8/30/18 Wed 9/26/18 13
Training of team 10 days Thu 9/27/18 Wed 10/10/18 14
Evaluate 1 day Thu 10/11/18 Thu 10/11/18 15
Change control integration 21 days Fri 10/12/18 Fri 11/9/18 16
Monitoring and control of
project 10 days Mon 11/12/18 Fri 11/23/18 17
Checking of quality 15 days Mon 11/26/18 Fri 12/14/18 18
Closure 1 day Mon 12/17/18 Mon 12/17/18 19

Evaluation of project 15 days Tue 12/18/18 Mon 1/7/19 20
Areas of modification 10 days Tue 1/8/19 Mon 1/21/19 21
Cost : Cost is the most essential element of the project management under which all
activities has been performed as per the set budget target. Project management process is the
process to produce the research structure under which many activities are involved to be
performed. In order to that, to meet the present research aims and objectives, researcher required
to set the cost of the activity in order to perform the result and goals. In order to critique Cost is
the component which highly harm the performance of research if in case its not been set
properly. Cost somehow affect the strategic decisions that directly impact the whole business.
To identity the impact of multinational company on the business environment of host country
will require resource and techniques to collect the different knowledge. So for that, costs is very
much required to build up the effective management goals. Such as to gathered all data
information, by using technologies in research it will be taking $450.00.
Table 2: Budget
Particulars Amount $
Rent of building 100
Salaries to employees 150
Furnitures for the building 100
Communication costs 100
Total 450
Scope : Scope is the project management element which is defined the project importance and
different opportunity in different context and goals. Scope of the study helps to know what
erectly study includes in the overall management in terms of managing the working target
performance. In order to critique the analysis, Limitations of the scope can be the improper
planning, methodologies that impacted or influenced the application or interpretation of the

results. Due to lack of research studies on the topic can also create issues and challenges to
making a research scope. Scope also define the importance of the goals which helps to determine
the importance of the globalization impact on the host business environment. Present study scope
is to evaluate the high range of effectiveness of international market performance.
Time : Time is the most essential constraint in project management which defines the
time frames that weather project is started and weather it will be end. This must be done by the
help of work breakdown structure that defines the each and every activity that have to be
performed during the whole research. It also must define the project task in order to develop the
new managing developing source and outcomes to be performed the best outcome results.
Present research will be taking time of 8 weeks. In order to critique this observation time can
also restrict the process of achieving the research outcomes. However, due to lacking time
research outcomes also get affected.
Quality : Quality is most concerning part in the project which play a most crucial role to
define the outcomes and results. Without maintaining the quality and proper performance results
outcomes are not well as per the defined goals. In order to critique Due to wrong decision
making process also might affect the company performance and target goals in order to define
the project goals. Like, the quality of information must be very much required in the research
process.
Communication : Having a effective and positive communication process helps
researcher to communicate the other information to the team members and maintained the flow
of processing. Through effective communication tool team-members are more having a good
information enable the project with their objectives. Communication process can help this
present study to get their outcomes sooner in an efficient manner. Ineffective communication can
affect the whole outcomes of the research due to which t might affect the research outcomes.
Risk : Risk involves in every step of the research process, risk can be effect project in
any terms, risk has always comes from uncertain situations which is harmful for the research
outcomes. Such as researcher might have faced the issue while collecting survey, gathered
information etc. for that, researcher required to create contingency plans that helps to resist the
uncertainty situation. Present study involves risk such as political risk, economical risk.
Resources : Resources is the foremost component that helps to accomplish the overall
research objectives and aims of the results. This present research will be using human resource,

capital resource, research resources and techniques. In order to critique improper sources might
affect the quality outcomes. In order to that, It is the responsibility of the project manager to
make sure the quality standard of the information techniques that has been used in the research.
P3 Producing a Work break down structure and a Gantt chart to provide time frames and stages
for completion.
Work break down structure is the tool or technique to performed the project in more
frequent manner. Every project manager acquire this technique to accomplish their project goals.
WBS break down the activities into different parts and assign the responsible perform for that
work to perform. These chunks can be easily supervised and estimated at the time of monitoring.
Such as project manager use this tool for the present research in terms of breaking research task
such as project assigned on the basis of project management, technical design or testing. That
effect direct or indirect manner into more efficient manner.
Table 3: Work Break Down Structure
Gantt Chart
Gantt Chart is commonly used in project management which is one of the most popular
and useful ways to achieving activities displayed against time. This will help to redesign the
work elements and bring new working efforts to accomplish the task into more efficient manner.
In this includes how data must be plan, also decide the research techniques, preparing the design

of the research and implementation process. This technique is helpful to gathered information
related multinational organization and their impact on host business enviornment.
Table 4: Gantt Chart
LO 2
P4 Conduct a small scale research by applying qualitative and quantitative research methods.
Research philosophies : Research philosophies is a vast concept which describes the
research information in detailed manner. This research methodologies deals with nature,
development of knowledge. There are two types of research philosophies Positivism and
Interpretivism (Antonietti, De Marchi and Di Maria, 2017). Positivism is the method which
based on the factual knowledge which gained from the observation process which includes
measurements and long lasting effects. On the contrary, Interpretivism philosophy method based
on the study which integrates the human interest into the study. Present study uses the
Interpretivism philosophical approach in this functional task it will help to redesign the working
opportunity and growth (Quinlan and et.al., 2019).

Data Collection : Data collection is the foremost method for the research in order to
meet out the research aims and objectives. This is the process of collecting information from all
the relevant sources to find answers to the research problem. There are two types of data
collection technique secondary data and generating the leading material goals and develop the
new developing process and goals. Data collection is the required methodology that contained
different kind of methods and process (Koro-Ljungberg, 2015). There are two types of data
collection method primary data collection and secondary data collection method. Primary data
collection method in which researcher collects data from the very first time by the help of
questionnaire, survey, interview etc. further, this divided into two methods quantitative and
qualitative. In the contrary, Secondary method of data collection is the process which collects
data from secondary sources such as books, newspaper, articles, magazines, Journals, portals etc.
therefore, this will help to recontinue the work of research into more differentiate manner.
Present research uses the method or procedure to bring the new learning process and goals.
Reliability and Validity : The term reliability refers to the consistency of a measure.
Psychologists consider the three types of consistency test retest reliability, internal or inter rater
reliability. In order to consider the research outcomes it is considerably affect the business styles
and also make sure the effective research outcomes. However, the present data and information
have a reliable source to survey primary research.
Data Analysis : Methodology chapter should includes discussion about the method of
data analysis. Data analysis is one of the most effective and essential method or style in order to
develop the research outcomes and goals (Vannini, 2015). Data analysis method has been
divided into two parts quantitative and qualitative data analysis method which brings the new
management target and goals in order to understand the collected information and details.
Qualitative method of data analysis conducted through non numeric information such as
interview transcripts, notes, video and audio recording. These methods also define by two
methods narrative and content analysis. In other words, qualitative method of analysis in which
data has been explained in theoretical manner. In the contrast, Quantitative method of analysis is
the kind of method which it conducted data into numerical manner. Quantitative approach is
basically associated with the findings evidence to either support or reject hypotheses you have
formulated at the earlier stages (Lebow, 2018). Present study will be uses Qualitative method of
data analysis which supported by the thematic manner.

Ethical consideration : Ethical consideration can be specified as one of the most
important parts of the research which makes the better goals and services. Ethical consideration
helps to minimize the ethical issues and factors that directly or indirectly affect the research
process. Every researcher required to adhere all legal implications which is required to be
undertaken by the researcher (Conforto and et.al., 2016). For example: researcher needs
acknowledge of work of others and adherence to Data Protection Act 1998 in order to conduct
study or research. In other words, ethical consideration is legal or mandatory regulation that
should be according to the research goals and purpose of the result.
P5. Analyse research and data using appropriate tools and techniques
Questionnaire
Name:
Age:
Occupation:
11 Do you agree that globalisation is good and effective for the development of employees?
 Agree
 Strongly agree
 Disagree11 Do you think that globalisation increase the competition among business organisation?
 Yes
 No11 From how many years company is dealing in overseas market?
 Less than a year
 More than 1 year11 What percentage of your company's business is conducted in international markets?
 1-25%
 26-50%
 51-75%
 76-100%11 Do you think quality of work life can be improved by globalising the business activities

and operations?
 Yes
 No
 Not much11 According to you, up-to what extent does globalisation lead to bring complexities in
operational department of business?
 Yes, much complexities
 Not much complexities11 Do you agree that globalisation leads to create challenges and issues for the business of
host countries?
 Agree
 Strongly agree
 Do not agree
LO 3
P6. Data Analysis, Findings and Recommendation
Theme 1. Globalisation brings effective development of employees
1. Do you agree that globalisation is good and effective for the development of employees?
 Agree 3
 Strongly agree 5
 Disagree 2