Analyzing the Impact of MNCs on India's Business Environment: A Study

This project investigates the impact of Multinational Corporations (MNCs), specifically focusing on Marks and Spencer, on the business environment of India. The research begins with an introduction to MNCs and their role in globalization, highlighting the benefits of foreign direct investment for developing countries. The project outlines the aim and objectives, research questions, and rationale for studying this topic. A detailed project management plan is presented, including cost analysis, communication strategies, scope definition, resource allocation, quality control, timelines, and risk assessment. The project utilizes a work breakdown structure and Gantt charts to illustrate the project's timeline and task organization. The research employs qualitative research methodologies, analyzing data collected through surveys to assess the influence of Marks and Spencer on the Indian business environment. The project includes a comprehensive analysis of the collected data and concludes with recommendations for sustainable business practices for Marks and Spencer in India. Overall, this project provides a thorough examination of MNCs' impact on India's economic, social, and financial landscapes.

Managing a Successful
Business Project

TABLE OF CONTENTS
TOPIC:.............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
Background of the Research...................................................................................................1
P1 Devise Aim and Objectives...............................................................................................1
Rationale.................................................................................................................................2
P2 Project Management Plan..................................................................................................2
P.3. Work break down structure and Gantt Chart..................................................................3
................................................................................................................................................5
................................................................................................................................................5
P.4. Research Methodologies.................................................................................................6
P.5. Analyse the research and data findngs............................................................................8
P6 RECOMMENDATION..................................................................................................19
P.7. REFLECTION..............................................................................................................20
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21

TOPIC:
“To investigate the impact of Multinational Corporation in the business environment of
host country (India). A study on Marks and Spencer”.
INTRODUCTION
The role played by multinational company in globalisation process is very important.
Multinational Corporation (MNC) is a corporate organisation which owns or control the
production of products and services in at least one country pother than other country (Vahlne,
and Jonsson, 2017). There are many benefits, a developing countries are enjoying with the
emergence of Multinational organisation. The scale of investment is likely to very important
when MNC's invests in a host country (Deng and Yang, 2015). There are so many advantages of
investing in host country as the economic, social, environment and financial factors are
positively influenced. It improves the balance of payments as direct flows of capital into the
country. MNCs also provides employment in the host country as they used to recruit local
residence which is also a financial and economics benefits to the host country (Impact of
globalisation on business, 2018). MNC's are the sources of tax revenues, technology transfer and
many other benefits.
Thus, in this present research paper, researcher will investigate the impact of
Multinational Corporation (Marks and Spencer) in the business environment of host country
(India) with the application of various methods and technologies.
Background of the Research
The present research is based on Marks and Spencer. The topic is to investigate the
impact of MNC's on the host country. Marks and Spencer is a major British multinational
retailers which have chains of stores at global level. Emerging country like India provides
attractive foreign direct investment so that investor invest there capital which in turn leads to
development of economy. Mainly the economic, social and financial conditions of the host
country is influenced by Multinational corporations as they improve balance of payments,
providing employment, they are source of tax revenue and many other benefits are there (Selmer
and Lauring, 2015). So, this research will use various methods and techniques to evaluate the
impact of MNC's in the business environment of host countries.
P1 Devise Aim and Objectives
Aim:
1

“To investigate the impact of Multinational organisation on the business environment of
India. A study on Marks and Spencer”.
Objectives:
 To identify the current trend of multinational operations with regards to globalization.
 To assess the trend of Indian business environment from the economic, social and
financial perspective.
 To assess the influence of M&S on the business environment of India.
 To provide recommendations to Marks and Spencer for sustainable business practices in
host countries.
Research Question:
1. What are trend of multinational operations with regards to globalization?
2. What are the trend of Indian business environment from the economic, social and
financial perspective?
3. What is the influence of M&S on the business environment of India?
4. What are the recommendations to Marks and Spencer for sustainable business practices
in host countries?
Rationale
The reason behind choosing the topic the impact of Multinational Corporation (Marks
and Spencer) in the business environment of host country (India) as with the emergence of global
brands is that the economy of country is greatly influenced with the establishment of MNC's.
The business environment consist of economic, social and financial factors which leads to both
positive and negative impact on the nations (Kim, Moon and Yin, 2016). The reason for
choosing India as host country because, India is an emerging country where many MNC's are
developing their business because of attractive foreign direct investment policy. Thus, research
will evaluate the pros and cons of economic, social and financial factors in order to investigate
the impact of the MNC's on the host country.
P2 Project Management Plan
2

3
I
llustration 1: Project Management Plan
(Source: Project Management Plan, 2018)

It is a plan which very important in managing successful business project. It is the
systematic way in which it adds structure to the process by assigning an order to all essential
parts included in the plan. Here are the basic elements of project management plan that are
required to be considered -
Cost: This is first and fundamental element of the research where enumerator have to
plan the budget so that the project is completed on available resources or cost (Project
Management Plan, 2018). Each and every task has been allotted specific cost in which they have
to complete the entire research in a systematic manner. This present research required £7000.
Communication: Communication is also very important part in project management
plan. It is the responsibility of researcher to communicate each and every thing to all the people
which are straight or indirectly involved in the investigation. To get the better of the
communication gap, researcher uses circulars, emails and messenger to communicate all the
important informations to staff members (Kerzner and Kerzner, 2017).
Scope: Scope means the range of study where it can be use. The scope of this present
research paper is very broad as it is useful in both corporate and academic sectors. It is useful for
companies who are operating at global levels, for countries who allows MNC's to conduct there
business. In addition to this, the scope of this research is not limited to corporate level but it is
also very useful at academic sector. Students who are doing studies on globalisation and
liberalisation can be very helpful from this research. They will learn and understand about the
impact of MNC on business environment of host nation.
Resources: Resources are also one of the most essential elements as these are one's who
leads research to its conclusion (Fleming and Koppelman, 2016). Without adequate resources,
research study is not able to complete. In this present research, laptops, stationery items, USB,
people, equipment, funding and facilities etc. are required to complete the research.
Quality: In order to maintain the reliability and validity of research, quality plays an
essential role. From starting to end conclusion, it is very important that scholar should ensure the
standard needed to maintain the quality of research. Key performance of indicator is one of the
best way to maintain the quality (Fleming and Koppelman, 2016).
Time: Time is very important factor in project management plan as it is very important as
it is very important that researcher should plan the activities as per the time because if there is
delay in work it will affect the quality of study. This present study will be completed in 35 days.
4

Risk: In order to carry out investigation efficaciously it is very essential that there should
be becoming assessment of risk that will help the firm and researcher to keep the effectiveness of
the study of the investigation. There are many hazard like as theft of data, security issues etc.
thus, it is very essential that researcher should ensue and mitigate the risk by making proper plan
and management.
Milestone: Researcher have set some milestone which they will achieve completing the
study which are as follows-
 Quality standard will be achieved.
 Data sources are evaluated.
 Ethical standards are ensured.
P.3. Work break down structure and Gantt Chart.
Work Breakdown Structure: A work-breakdown structure in project management and systems
engineering, is a deliverable-oriented breakdown of a project into smaller components. A work
breakdown structure is a key project deliverable that organizes the team's work into manageable
sections
Risks High Low Medium
Theft of data
Security issues
Leaving Respondents
from survey
5

6
Illustration 2: Work-break Down Structure

Task Name Duration Start Finish Predecessors
Research proposal 2 days Mon 18-03-19 Tue 19-03-19
Aims and objectives 4 days Wed 20-03-19 Mon 25-03-
19 1
Research
methodologies 7 days Wed 20-03-19 Thu 28-03-19 1
Data collection 8 days Tue 26-03-19 Thu 04-04-19 2
Data analysis 4 days Fri 29-03-19 Wed 03-04-
19 3
Data interpretation 5 days Fri 05-04-19 Thu 11-04-19 4
Finding and
conclusion 2 days Fri 05-04-19 Mon 08-04-
19 2,4
Recommendations 1 day Fri 12-04-19 Fri 12-04-19 5,6
Execute the plan 1 day Tue 09-04-19 Tue 09-04-19 7
Submission 1 day Mon 15-04-19 Mon 15-04-
19 8,9
Gantt Chart: A chart in which a series of horizontal lines shows the amount of work done or
production completed in certain periods of time in relation to the amount planned for those
periods.
7

Milestone Schedule
ACTIVITIES TIME
Research proposal 5 days
Aims and objectives 2 days
Research methodologies 3 days
Selection of research methodologies
Data collection 5 days
8

Primary
Formulated Questionnaire
Meet responders
Data analysis 7 days
Evaluation of qualitative and Quantitative
Methods
Data interpretation 4 days
Preparation of themes
Finding and conclusion 4 days
Recommendations 6 days
Task Name Duration Start Finish Predecessors
Research
proposal 4 days Wed 15-05-
19
Mon 20-05-
19
Aims and
objectives 1 day Tue 21-05-19 Tue 21-05-19 1
Research
methodologies 5 days Wed 22-05-
19 Tue 28-05-19 2
Selection of
research
methodologies
1 day Wed 29-05-
19
Wed 29-05-
19 2,3
Data collection 6 days Thu 30-05-19 Thu 06-06-19 3,4
Primary 0 days Thu 06-06-19 Thu 06-06-19 4,5
Formulated
Questionnaire 1 day Thu 30-05-19 Thu 30-05-19 4
Meet responders 1 day Fri 07-06-19 Fri 07-06-19 5
Data analysis 7 days Fri 07-06-19 Mon 17-06-
19 6
Evaluation of
qualitative and
Quantitative
Methods
1 day Fri 07-06-19 Fri 07-06-19 6
9

Data
interpretation 4 days Fri 31-05-19 Wed 05-06-
19 7
Preparation of
themes 1 day Fri 31-05-19 Fri 31-05-19 7
Finding and
conclusion 4 days Mon 10-06-
19 Thu 13-06-19 8
Recommendatio
ns 1 day Tue 18-06-19 Tue 18-06-19 9
10