ZARA's Impact on the UK Business Environment: A Comprehensive Analysis

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This report examines the impact of multinational companies, specifically focusing on ZARA, on the UK business environment. The project includes a detailed project management plan, encompassing aims, objectives, and a cost analysis. A work breakdown structure and Gantt chart are developed to outline project timelines and stages. The research employs quantitative research methods to meet project objectives, followed by an analysis of the research data using appropriate tools and techniques. Recommendations are provided based on the data analysis, with a reflection on the value of the research and its contribution to sustainable organizational performance. The report also covers aspects of globalization and its effects on business operations, along with an analysis of the challenges and opportunities faced by ZARA in the UK market.
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Managing
Successful Business
Project
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Student Declaration
I certify that this assignment is entirely my work and I fully understand the consequence of
plagiarism. I understand that making a false declaration is form of malpractice.
Student Signature: Date:
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Project aims and objectives of a chosen scenario..................................................................1
P2 Project management plan.......................................................................................................2
P3 Developing a work break down structure and Gantt chart to provide time frames and stages
.....................................................................................................................................................4
TASK 2............................................................................................................................................5
P4 Carrying out small research by applying quantitative research methods in meeting aims
and objectives..............................................................................................................................5
TASK 3............................................................................................................................................8
P5 Analysing research and data by using appropriate tools and techniques..............................8
P6 Communicating appropriate recommendation of research and data with valid conclusion 19
TASK 4..........................................................................................................................................19
P7Reflection on value of undertaking research to meet stated objectives and own learning
performance...............................................................................................................................19
CONCLUSION..............................................................................................................................20
REFRENCES.................................................................................................................................21
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INTRODUCTION
In today's context globalisation describe growing interdependency of world's economies,
culture and population that are brought across national and international trade goods and
services, technology and flow of investments. It is a process of that defines integrating, exploring
and communicating among government, people and companies at wider context. It is a
framework that spreads product, technology information across national and international
culture. Additionally, it allows business and countries to specialise in producing goods and
services in order to have competitive advantages in marketplace. It is also a framework that help
an organisation to attain enhancement, profitability, productivity with high customer's base along
with market share at international marketplace. In this report organisation chosen is ZARA, a
Spanish fastest growing fashion brand as well as worlds largest apparel retailer. This report is
going to analysis aims and objectives how companies are impacting on business environment of
a host destination, a country, city or region. Moreover, producing management plan that covers
aspect of business along with work breakdown structure, Gantt chart in order to provide time
frames or stages of completion. Eventually, carrying out small scale research by applying
quantitative and qualitative research methods in order to meet up appropriate project aims and
objectives in an effective manner. Furthermore, communicating recommendation of result of
data analysis and reflection of conducting project as well as its usefulness to support sustainable
organisation performance.
TASK 1
P1 Project aims and objectives of a chosen scenario
Aim: To determine how multinational companies impacts upon the business
environment of UK. A Case study on ZARA.”
Objective:
To analyse the role of multinational organisations in the market of UK.
To determine various issues and challenges which are faced by ZARA while expanding
their business at global level.
To ascertain the influence of multinational companies upon the business environment of
UK.
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Background of the study
In today's era globalisation is a framework that have attain my many organisation and
companies to know impact of their business operations in international marketplace. This process
is adopted my many of the organisation so that they can sell their product and services in
competitive marketplace. As this process help a particular organisation to maintain its
productivity, profitability as well as sustainability for longer period of time. Moreover, in context
to ZARA a Spanish fastest growing fashion brand as well as worlds largest apparel retailer. A
particular organisation is expanding their business at internation that is into another country in
order to expand their business operations in competitive marketplace. Furthermore, evaluating
reason how companies are impacting on business environment of a host destination, a country,
city or region.
P2 Project management plan
Company: ZARA
Project Title: “ How do multinational companies impact the business environment of
host destination a country, region or city?”
Aim: To determine how multinational companies impacts upon the business
environment of UK. A Case study on ZARA.”
Objective:
To analyse the role of multinational organisations in the market of UK.
To determine various issues and challenges which are faced by ZARA while expanding
their business at global level.
To ascertain the influence of multinational companies upon the business environment of
UK.
Question:
What are the role of multinational organisations in the market of UK?
What can be the issues and challenges faced by ZARA while expanding their business at
global level?
How multinational companies influence upon the business environment of UK?
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Cost : Cost expresses amount of money that is spent on production or in creation of
goods and services. It is also referred as fund which is estimated in order to conduct a particular
research in an effective manner.
Cost Budget of Globalisation
Particulars Amount
Initial investment 200000
Research and development activities 45000
Operational expenses 25000
Cost of It experts 48500
Maintenance 11800
Licensing fee 8000
Closing value 20000
Scope: A scope within a project management is referred as combination of aims and
objectives that re required in completion of project within stipulated period of time along with
estimated cost. Herein, the researcher is scheduling out task and activities that are need to be
performed by employees and staff members so that they can perform their activities in effective
and efficient manner.
Time: In an organisation context time play's an essential role in completion of project
along with its aims and objectives within estimated period of time. Herein, a respective
organisation need to maintain its time as per their their objectives so that an effective result can
be determined. Moreover, an organisation requires approx 2 years in competition of their project
that is how companies are impacting business environment of a destination, country or region.
Quality: Quality play's a vital role in an organisation as it become important to maintain
quality of product and services in competitive marketplace. For such instance an organisation
need to maintain their quality standard of their product as well as train their employees and staff
so that they can achieve their goals and objective in an effective manner.
Communication: In an organisation communication play's an effective role in order to
have proficiency in workplace. Herein, a manger of a respective organisation need to
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communicate its plan to its employee member and staff member so that effective decision can be
determined in competition of project.
Risk: In each and every business risk is associated with its operating business function
and activities. Herein, an organisation is estimating risk in expanding their business at
international level in order to know impact of business environment in which country an
organisation is operating at.
Resource: In an organisation it is responsibilities of a manger to maintain availability of
resources so that product and services can be offered according to the estimated task. Herein,
main motive of an organisation is to maintain its resources so that it can be utilised in an
effective manner. For such purpose they are training their employees and staff members so that
its goals and objectives can be attain in an appropriate manner.
P3 Developing a work break down structure and Gantt chart to provide time frames and stages
Work Breakdown structure: In project management Work breakdown structure is
defined as a system of engineering which is deliverable to oriented breakdown structure of plans
and project into smaller division. Eventually, it is hierarchical decomposition of task which is
executed by team members in completion of project. It main motive is to cut down complexity
of task and collection of small works. For such purpose, it makes easier for an manger to go
through smaller work as compared to complexity of work. Herein, ZARA are identifying
requirement of overall expenses which they required to maintain in order to achieve their goals
and objectives in an effective manner.
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Gantt Chart: Gantt chart can be defined as horizontal bar chart tool that illustrate in
planning, coordinating and track specific task in a project management. Herein, in this tool
vertical exist determines how time interval or else with shows duration of each activities and
task. As it help an researcher to identify initial staring time till completion of project. Moreover,
modern chart of an organisation indicates precedence network relationship with the activities.
Initially, main objectives behind adoption of this tool is to plan and schedule projects within
stipulated period of time. As this process help to determine how many resources are required
with the effectiveness of how long a project will work. Thus, it is helpful in habituation between
businesses.
As per the above stated Gantt chart the time period need is 7 days . As per adopting literature
review respective organisation required 12 days for deciding and preparing research
methodologies that a organisation need in 14 days. Moreover, for collecting appropriate
information and data ZARA required 17 days time in analysing effectively. Along with this for
preparing conclusion and recommendation a company required 3 days of sumission on final
report to its senior authority.
TASK 2
P4 Carrying out small research by applying quantitative research methods in meeting aims and
objectives
Research Methodology: The word research means to find something new, methodology
is a way to get the newest information on platform. Combing these words research methodology
showcase a particular procedure or the strategy to find, select, process and analyse the data in a
way to get the exact information about a topic. Methodology defines that how the data has been
collected and how it analysed in an appropriate manner . It focuses on finding new research on
the basis of data which has been collected from the previous research papers or written in books.
Qualitative research: It is essentially primary research. It focuses on various aspects on
the basis reasons, sentiments, and inspirations. It also involves the quality related to the
preference, taste, priority, etc. It gives knowledge into the issue or creates thoughts regarding the
perspective of ones view on something which help in collecting various data. Subjectivity
Research is additionally used to reveal thought and sentiments, of one's views with respect of its
behaviour or the priority towards the product or data which the research is based on. The
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information collected by strategies differs utilizing unstructured or semi-organized methods.
Some regular strategies merge central gathering, singular meetings, and one to one questioning
with strangers.
Quantitative research: When it talks of quantify the issue by finding the different
numerical data and putting it in an appropriate format of statistics so to get the knowledge of
different perspective. It focuses on the different attitude, opinions, behaviour of people, and
many different variable on the basis of research and analyse. It from the large sample of
population which is much more appropriate, if it compares to qualitative research. In the research
there are many different ways to find an appropriate detail such as surveys online, surveys on
paper, surveys on mobile, etc.
Primary research : Primary means prime or first, it defines as a method which focus on
to collect data directly from the public out there. It has no role in the previous research done by
the people or it is not dependent on any data collected by researchers in its priority research.
Mainly it is called the data collected by own. In primary research it has worked on a certain
problem which will carry forward to find the future solution of it.
Secondary Research: It focuses on the research which has been done prior from the
researcher. It includes all the books, blogs, journal, websites, etc. These researches can be done
by different existing papers because of which it is cost effective as compared to primary
research. It has a benefit that a company can hire a third person to collect data on its behalf and
can maintain it in an appropriate manner.
Sampling: Sampling is a method which has been adopted by company in order to have
appropriate sampling size so that effective result can be adopted. In an organisation sampling be
adopted with different methods such as random sampling, systematic sampling, stratified
sampling or multi cluster sampling methodologies. Eventually, for completion of project
researcher is adopting sampling techniques for acquiring data.
Total population: In research total population indicates number of respondent which are
selected by researcher in conduction research so that an effective and appropriate result can be
drawn. Herein, total population selected by an organisation that is ZARA are 30 respondents out
of total population.
Sample Size: Sample size refers to the number of sample in which researcher or an
organisation selects from total number of population. With the adoption of researcher can
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identify its effectiveness of project in an appropriate manner. Herein, an organisation have
selected 30 respondents out of total population so that effective conclusion can be drawn.
In order to identify the effectiveness of how business environment impact of expanding
business at host destination, country, region and cities. For such purpose an researcher have
conducted qualitative research method in conducting survey.
QUESTIONNAIRE
Q.1. Do you have knowledge about how an organisation operates at global level?
Yes
No
Q.2. Do you think that globalisation impact upon business environment of a country?
Yes
No
Q.3. What are challenging forces faced by ZARA while expanding their business operations
and functions at international marketplace?
Change in advancement of technology
Cultural difference
Regulations and governments policies
All of the above
Q.4. Does ZARA will attain sustainability in achieving with high growth and success while
operating at multinational level?
Agree
Disagree
Q.5. Does multinational organisations impacts negatively upon the business environment of
particular country while operating their business activities in it?
Yes
No
Q.6. What entry modes can be adopted by ZARA in exploring their business strategy in new
emerging marketplace of United Kingdom?
Franchising
Licensing
Patten right
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Trade Mark
Q.7. Do you think while operating at United kingdom, ZARA will able to attain large market
share along with high customer base?
Agree
Disagree
Q8. In what way globalisation can impact on business operations and function while expanding
their business in new marketplace?
Positive
Negative
Q9. Does the government of a particular nation requires to announce any norms and regulation
for multinational organisation in order to expand their business operation?
Yes
No
Q10. What are the environmental factors that impact on an organisation while performing their
activities at different country?
Micro economic factor
Macro economic factor
Q11.Do you have any suggestion regarding further improvements …....................
TASK 3
P5 Analysing research and data by using appropriate tools and techniques
Theme: knowledge about how organisation operates at global level
Q.1. Do you have knowledge about how an
organisation operates at global level?
Frequency
Yes 20
No 10
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Interpretation: From the above drawn graph it has been stated that globalisation is a vast
concept. Most people are aware about this concept. Herein, from graph out of 30 respondents is
has been observed that 20 are responding that they have knowledge about the concept of
globalisation. Moreover, remaining 10 are responding that they operating business at global level
is not as easy and dosenot have any idea about the concept of globalisation.
Theme: Globalisation impact upon business environment of a country
Q.2. Do you think that globalisation impact
upon business environment of a country?
Yes 18
Yes No
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