Business Development Project: MNC Impact on Host Nation Environment

This project examines the impact of multinational corporations (MNCs) on the business environment of a host nation. It includes a project logbook, performance review, and data analysis. The project details the research process, including task completion, adherence to deadlines, and adjustments to the project management plan. The logbook covers weekly updates, challenges faced (like communication barriers), and lessons learned, such as the importance of data analysis. The performance review assesses the project's success in achieving its aims, the effectiveness of various aspects, and the problems encountered and solved. The student reflects on their performance as a project manager, identifying strengths and weaknesses, and outlining how the experience will contribute to their professional development. The project highlights the positive impact of MNCs on the economy through innovation and competition, and the importance of adapting to changing conditions to ensure success. The project is a valuable resource for students studying business development and project management, providing practical examples of research methodologies and performance evaluation.

Templates for Evidence Collection
The logbook template and performance review questions are examples of what can be
used, but tutors can devise or use other appropriate resources if they wish to do so.
Project Logbook Template
Name:
Project title: How do multinational companies impact the business environment of the host nation
Date:
Update on weekly research/tasks achieved
Points to consider: Multiple points which are considered are sample size and individuals need to be
taken for research.
What have you completed?
Entire portion up to data analysis is completed till the date.
Did you fulfil task requirements?
Yes, I fulfill entire task requirements.
Are you on track and within deadlines set?
Yes
Did you need to make any changes to your project management plan?
No
Any risks and/or issues identified?
Points to consider:
Did you identify risks/issues with a lack of skills required for undertaking research/tasks?
Yes, it was hard to determine sort of people that need to be taken as sample units for research.
Did you identify any additional risks/issues that have an impact on the project management plan?
No
Problems encountered
Points to consider:
What barriers did you
face?
Communication barrier, sometimes
respondent was not able to understand
asked question properly.
How did you overcome
them?
By comprehending question in single language and small sentences with unambiguous words.
New ideas and change of project direction
To each respondent research topic was explained first so that they can understand questions easily.

What have I learnt about myself this week?
I learn a lot about way in which data analysis must be done in research.
Points to consider:
How did I feel when I had to deal with
tasks/problems?
Slightly lose confidence
Did I find it useful to complete the tasks?
Yes, when pressure is high I work better.
How well have I performed? What did I contribute?
I perform well and contribute a lot in respect to data collection and analysis.
What can I improve on next week?
Text analysis skills.
How might this learning apply in the future?
This learning will assist me in carrying out research work in proper manner.
Tasks planned for next week
Points to consider:
Which tasks are priority?
Conclusion and recommendation.
Have you set aside sufficient time for completion?
Yes
Project plan status to date
(on, ahead, behind)
On
Supervisor comments to address
Performance Review Template
Performance Review
• What was the project supposed to accomplish?
Research study will reflect impact of MNC on host nation business environment. Results will indicate whether
MNC have positive or negative impact on host country.
• Did the project succeed in its aims? How do you know? Specifically, please outline any evaluation
and assessment undertaken.
Yes, project succeed in its aim. It indicates that if firms intend to remain in the market they have to
launch new innovative products to compete with rivals. Arrival of MNC make people economy
better and have positive impact on nation.
• What things do you think worked well and why? Evaluate all aspects of the project (e.g. initial inception,
project activities and project outcomes) from a range of perspectives.
All things work well from start to end because time to time plan was evaluated and according to need
changes were made in same.

• What problems emerged during the project and how were they tackled? Was there timely
identification of issues and resolution during the project process?
Work management related problem was faced and immediately steps were taken to solve the problem.
• What did you learn from undertaking the project?
Management make complicated things easy.
• How would you rate your performance as Project Manager?
Satisfactory
• What strengths and weaknesses of your performance did you identify?
Strength was good management and weakness was inability to foresee upcoming challenges.
• How will this inform and support your continuous professional development?
Experience gained from project teach me lesson that one must foresee changes in current conditions so that on
time steps can be taken to ensure achievement of goals.