ASSIGNMENT BRIEF




Qualification Title:
Pearson BTEC Level 5 – HND in Business (Business Management)





Unit Number/Title: 6 / Managing a successful Business Project




Unit Leader Name:



JOEL BARIMA




Internal Verifier Name



Omwenga Mwambi








Date of Issue


:





- May, -2019





Date of Submission:




Formative- Week 11




Formative- Week 8















Coursework Rules and Regulations at St. Patrick’s International College







Plagiarism –

the College takes plagiarism and academic misconduct seriously and therefore, suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the College. Please see your Student Handbook for further details of course of action for plagiarism issue.







‘Plagiarism’
is presenting somebody else’s work as your own. It includes copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another student’s coursework; stealing coursework from another student and submitting it as your own work.








Student Declaration –


all coursework submission will need to bear a declaration signed by you.










SUBMISSION REGULATIONS




1.
You are required to submit your coursework on-line through the College’s Virtual Learning Environment (VLE) which can be accessed through

http://stpmoodle.net
. Detailed information about this is available in the Student Handbook.






2.
Details of submission procedures and related course of actions can be obtained from the Academic Administration Department or the Student Handbook.




3.
If you are unable to submit your coursework on time due to extenuating circumstances, you are required to make an application to your respective Schools for it to be considered, using an ‘Extenuating Circumstances Form’ available from the Academic Admin Office.
Do not ask the lecturers responsible for the course - they are not authorised to award an extension. The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick.




4.
Specific requirement or subject specific requirement for coursework submission will be stated further in the assignment brief or will be advised by your lecturer.


























Unit Learning Outcomes:














LO1: Establish project aims, objectives and timeframes based on the chosen theme.








LO2: Conduct small-scale research, information gathering and data collection to generate knowledge to support the project.









LO3: Present the project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.









LO4: Reflect on the value gained from conducting the project and its usefulness to support sustainable organisational performance.























SCENARIO





Globalisation offer new ways to connect, collaborate, conduct business and build bridges between people, it exposes the core of all business functions and even the ways organizations are managed. Globalisation has also challenged existing business models and continue to do so.
They have
profoundly changed the ways we do business, buy, work and live. They have even altered society and continue impacting virtually all business functions and industries. It’s partially the trend Globalisation has brought to the world of business.








We can say that the business environment is changing so rapidly due to the effect of Globalisation. Businesses are adopting new ways and responding to the global trends and is becoming a vital mechanism of trade. The coming years will definitely show up new trends of Globalisation and how businesses will adopt and be responsive to the changing trends.













You are required to submit a comprehensive research paper with the theme:





An investigation into the positive economic, cultural, and ethical impact of globalisation on different business functions ( e.g. operations, marketing, accounting, HR) within organisations











TASK 1


Produce and critically evaluate a comprehensive project management plan for your research project for monitoring and completing the aims and objectives of the project, covering the following:


1.1.- Devise project aims and objectives for the above scenario.


1.2.- Produce a project management plan that covers aspects of cost, scope, time, quality, communication, documentation, risk and resources.


1.3.- Produce a Work Breakdown Structure (WBS), a Gantt Chart to provide timeframes and stages for completion along with a milestone schedule. Each milestone should be a clear, achievable activity that the student aims to achieve within a particular time.




Evidence required for Task 1: A comprehensive project management plan.


















TASK 2


2.1 Carry out a small scale research and critically evaluate the accuracy and reliability of different research methods by applying qualitative and quantitative methods. You are required to record your working activities and achievements on the Project Logbook Template provided below. This weekly log should be presented to your tutor for supervision on weekly basis.







PROJECT LOGBOOK TEMPLATE



Name:



Project title:




Date:



Update on weekly research/tasks achieved



Points to consider:






What have you completed?



Did you fulfil task requirements?



Are you on track and within deadlines set?





Did you need to make any changes to your project management plan?




Any risks and/or issues identified?






Points to consider:







Did you identify risks/issues with a lack of skills required for undertaking research/tasks?




Did you identify any additional risks/issues that have an impact on the project management plan?



Problems encountered




Points to consider:






What barriers did you face?



How did you overcome them?






















































New ideas and change of project direction









What have I learnt about myself this week?





Points to consider:




How did I feel when I had to deal with tasks/problems?



Did I find it useful to complete the tasks?



How well have I performed? What did I contribute?



What can I improve on next week?



How might this learning apply in the future?









Tasks planned for next week





Points to consider:




Which tasks are priorities?



Have you set aside sufficient time for completion?






















Project plan status to date





(on, ahead, behind)















Supervisor comments to address











Evidence for Task 2:


The project log book: this is the collection of all your weekly logs covering a period of at least 4-5 weeks.
















TASK 3


Prepare a professional business report to present the results of your preliminary study and evaluate the selection of appropriate tools and techniques for accuracy and authenticity to support and justify recommendations.


3.1.- Analyse the data using appropriate tools and techniques.


3.2.- Communicate appropriate recommendations as a result of research and data analysis to draw valid and meaningful conclusions.




Evidence required for Task 3: A professional business report











TASK 4


Produce a performance review, covering the following;


4.1 Critically evaluate and reflect on the success of your project and your own performance on the value of undertaking the preliminary research to meet stated objectives and own learning and performance. You must use the performance review template provided below.



Performance Review Template










·
What was the project supposed to accomplish?




·
Did the project succeed in its aims? How do you know? Specifically, please outline any evaluation and assessment undertaken.




·
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.




·
What problems emerged during the project and how were they tackled? Was there timely identification of issues and resolution during the project process?




·
What did you learn from undertaking the project?




·
How would you rate your performance as project manager?




·
What strengths and weaknesses of your performance did you identify?




·
How will this inform and support your continuous professional development?







Evidence required for Task 4: A performance review































%






GRADES






75%





Distinction





65%





Merit





50%





Pass





35%





Referred





10%





Withheld





W1 –


direct copy from various sources.




W2 –


collusion.





5%





Unreasonable Submission



(Note: detailed feedback on
W1
and
W2
will be provided by the Assessor in the
General feedback section.)





































FURTHER GUIDANCE




Grading



· Each Unit will be graded as a Pass, Merit, and Distinction when all learning outcomes and assessment criteria have been met.



· A
Pass
is awarded for the achievement of all Learning Outcomes against the specified
Assessment Criteria





· A
Merit
or
Distinction is awarded for higher level achievement upon achieving the M’s and D’s criteria.







· If all required assessment criteria have not been achieved the work is graded ‘Referred’.









· If the work illustrate more than the similarity % cap or concern over originality of part or all content of the work, it is graded ‘Withheld’. The student will then be interviewed to ascertain originality.











· In the case of incomplete work or partial submission (others such as blank template, no evidence of real attempt), the work is graded
‘Unreasonable Submission’.













· When a Unit has been assessed, Grades are reported on the College’s VLE. You can obtain the grade awarded by viewing the
Submission Inbox, navigating different tabs to see the status of your submission.













· By viewing the Report, the Originality can be obtained. Clicking on the

GradeMark tab

will reveal the QuickMark comments. Clicking on the

General Comment tab

will reveal the comments made by the Assessor and Internal Verifier.













· Please note that numeric value (for example, 75% for Distinction) is used to classify the different grades awarded to support the system requirement on the College’s VLE, Grades are reported on the VLE as follow:























































































ADDITIONAL INFORMATION





  • For any late submission without approved Extenuating circumstances prior to the set deadline, the grade is
    capped
    at a PASS.

  • It is expected that the guided word count are adhered to when writing your coursework.












RECOMMENDED RESOURCES









BOOKS



a) COSTLEY, C., ELLIOT, G. and GIBBS, P. (2010)
Doing Work Based Research: Approaches to Enquiry for Insider-researchers.
London: SAGE.






b) FLICK, U. (2011)
Introducing Research Methodology: A Beginner’s Guide to Doing a Research Project.
London: SAGE.






c) GRAY, D. (2009)
Doing Research in the Real World.
2nd Ed. London: SAGE.






d) SAUNDERS, M., LEWIS, P. and THORNHILL, A. (2012)
Research Methods for Business Students.
6th Ed. Harlow: Pearson.







JOURNALS




1)

International Journal of Quantitative and Qualitative Research.







2)

Qualitative Research Journal.














































Learning Outcomes and Assessment Criteria































LO1 Establish project aims, objectives and timeframes based on the chosen theme





Pass





Merit





Distinction





P1


Devise project aims and objectives for a chosen scenario.




P2


Produce a project management plan that covers aspects of cost, scope, time, quality, communication, risk and resources.




P3


Produce a work breakdown structure and a Gantt Chart to provide timeframes and stages for completion.





M1


Produce a comprehensive project management plan, milestone schedule and project schedule for monitoring and completing the aims and objectives of the project.





D1


(LO1 & 2) Critically evaluate the project management process and appropriate research methodologies applied.





LO2 Conduct small-scale research, information gathering and data collection to generate knowledge to support the project





Pass





Merit





Distinction





P4


Carry out small-scale research by applying qualitative and quantitative research methods appropriate for meeting project aims and objectives.





M2


Evaluate the accuracy and reliability of different research methods applied.





D1


(LO1 & 2) Critically evaluate the project management process and appropriate research methodologies applied.





LO3 Present the project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis





Pass





Merit





Distinction





P5


Analyse research and data using appropriate tools and techniques.




P6

Communicate appropriate recommendations as a result of research and data analysis to draw valid and meaningful conclusions.





M3


Evaluate the selection of appropriate tools and techniques for accuracy and authenticity to support and justify recommendations.





D2


(LO3 & 4) Critically evaluate and reflect on the project outcomes, the decision making process and changes or developments of the initial project management plan to support justification of recommendations and learning during the project.




















LO4 Reflect on the value gained from conducting the project and its usefulness to support sustainable organisational performance





Pass





Merit





Distinction





P7


Reflect on the value of undertaking the research to meet stated objectives and own learning and performance.





M4


Evaluate the value of the project management process and use of quality research to meet stated objectives and support own learning and performance.


















































Answered Same DayJun 23, 2021

Answer To:

Abhinaba answered on Jul 01 2021
148 Votes
A COMPREHENSIVE PROJECT MANAGEMENT PLAN
Table of Contents
Introduction    3
Project Aim    3
Objectives of the Project    3
Project Management Plan    4
Issues Associated with Cultural Globalization on Marketing and HR Strategies of Nike    4
Issues Associated with Economical Globalization on Marketing and HR Strategies of Nike    4
Issues Associated with Ethical Globalization on Marketing and HR Strategies of Nike    4
Scope of the Project    5
Communication Methods    5
Risks Associated with the Project    5
WBS Structure    5
Gantt chart    6
Marketing Strategies    7
Segmentation:    9
Targeting:    10
Positioning:    11
Marketing mix    11
Implementation of marketing plan    12
Contingency plan    13
Nike’s influence of ethics on Human Resource Practices    13
Conclusion    14
Recommendations    14
References    16
Introduction
With advent of globalization, business environments all across the globe hav
e been changing rapidly. Globalization in general may be defined as the integration and interaction among companies, people and governments all across the world. The digital technology that has been enabling this interaction has a huge impact on the activities being conducted by businesses. Through this comprehensive research paper, we shall discuss about the impact globalization had on multinational brands like Nike. With its quality products at unimaginable low prices has made Nike grow all across the globe. Moreover, Nike has managed to incorporate innovation into its products to fulfill the changing style needs of people belonging to different cultures. Nike ensures that these goods are economically viable and are able to provide the individuals with better good products and services.
Project Aim
This research paper aims at analyzing different aspects of globalization such as culture, economy and ethics to study their positive influences on the marketing of companies like Nike. The research paper shall focus on the positive impacts that Nike will have on trade and the use of latest technology across the globe. Business activities of this brand shall also be discussed in the light of the influence it causes on governmental and non-profit organizations.
Objectives of the Project
This research paper will help to attain the following objectives:
· To analyze the positive influence of cultural, economic and ethical impact of globalization on Nike
· To find out the influence of globalization on marketing and human resource management of Nike
· To investigate the global marketing strategies of Nike
· To investigate the influence of ethics on human resource practices of Nike
Project Management Plan
Issues Associated with Cultural Globalization on Marketing and HR Strategies of Nike
As business organizations decided to move out of their national boundaries and expand their business into the international markets, a greater need was felt to come up with marketing strategies that would help to attract and retain a loyal customer base despite of the cultural differences. As opined by Lasserre (2017) this is a challenging task for the marketing team as they need to be aware about the culture of the host country so that the advertisements and other digital marketing methods used may not hurt the sentiments of the potential customers. These cultural differences also have a huge impact on the human resources of an organization. Business organizations working in different regions of the world have their own unique workplace culture, which may significantly affect the organizational strategies.
Issues Associated with Economical Globalization on Marketing and HR Strategies of Nike
Economic globalization is one of the three predominant dimensions of globalization regularly discovered. Economic globalization refers to the widespread international motion of goods, capital, services, technology and information (DeCenzo, Robbins & Verhulst, 2016). It is the increasing financial integration and interdependence of national, regional, and local economies across the world via an intensification of cross-border motion of goods, services, applied sciences and capital. It becomes difficult for companies like Nike to come up with production and marketing plans that will help to satisfy the customers across the borders in minimal investment. It becomes essential to come up with optimal strategies that could produce maximum goods to meet the needs of the customers without investing much costs. Moreover, it is not easy for the human resources to perform well in cultures, which are different from there’s.
Issues Associated with Ethical Globalization on Marketing and HR Strategies of Nike
As organizations move out of their comfort zones, they tend to meet a culturally diverse workforce. As observed by Bailey et al., (2018) people belonging to different cultural backgrounds may have different ideologies and opinions and therefore, it becomes difficult for people working within an organization to work in sync and harmony with each other leading to several organizational conflicts.
Scope of the Project
The scope of the project is limited to addressing the challenges and issues that marketing and human resource managers and employees working in these organizations face, when they need to incorporate different cultures, economic conditions and ethnicities into the operations of the business. With globalization making a huge influence on the operations of Nike, it is essential that challenges associated may be considered as well. The project aims at meeting the requirements of the project stakeholders.
Communication Methods
While conducting this research it will be ensured that open communication channels are being adopted to complete this research (Rice and Walker, 2018). Verbal and nonverbal communication methods will be used to discuss the project timelines, the budget and the progress of the project with the people concerned with this research paper. The data required to complete this research paper shall also be collected by communicating with the human participants involved in this project.
Risks Associated with the Project
Due to the outbreak of the COVID-19 pandemic, the project may be delayed as it may become difficult to collect relevant data for this research paper. As opined by Fernandes (2020) contacting the managers for the purpose of the survey and the interviews may be a tough task. Moreover, the secondary sources used may not be accurate and it may become difficult to align the information collected from these sources with the research variables. Delays in schedule may also lead to increased project costs.
WBS Structure
    Activity
    Cost
    Details
    
    Time
    photocopy
    £20 ink
    From home
    
    5 mins
    research
    
    
    
    3hrs
    questionnaires
    
    
    
    30 mins
    communication
    
    
    
    1 hr 10 mins
    resources
    £5.00
    Water, paper speaking on the phone
    
    
    Briefing/reply
    
    
    
    
    Total
    £25
    
    
    
    
    
    
    
    
Gantt chart
    Stage of writing the research paper
    Week 1 to 2
    Week 2 to 9
    Week 9 to 15
    Week 15 to 20
    Week 20 to 23
    Week 23 to 25
    Week 25 to 26
    Reviewing Research Proposal
    
    
    
    
    
    
    
    Understanding the Problems Statement
    
    
    
    
    
    
    
    Literature Review
    
    
    
    
    
    
    
    Research Methodology
    
    
    
    
    
    
    
    Conducting Survey of Marketing and HR Managers
    
    
    
    
    
    
    
    Conducting Interview of Various Managers
    
    
    
    
    
    
    
    Analyzing Findings of Primary Data
    
    
    
    
    
    
    
    Discussion of Findings
    
    
    
    
    
    
    
    Recommendation and Conclusion
    
    
    
    
    
    
    
    Error Checking
    
    
    
    
    
    
    
    Final Submission
    
    
    
    
    
    
    
Marketing Strategies
At the very inception, Nike was known popularly recognized as guerrilla marketers as acknowledged by Knight. The company has always been instrumental in focusing on the structural attributes concerning emotional marketing. Since each Nike’s advertisements tells a story relating to that of an athlete. As opined by Dingilian (2017) the company did not shed light on the product. Since the company wanted to tie up with the young star athlete like Michael Jordan, which however was a smart choice to broaden their segment. The company over the years in order to ensure its visibility had led to its participation in events relating to the sports industry that contributed towards the profitability of the company. Their aspect of Nike phenomenal shot” appears to be one of the contributing factors that led towards their success it was during the year 2014 relating to the FIFA world cup. It is also important to note the fact that the company not only sponsored but also in the 2018 world cup, nearly 160 goals were scored, out of which 94 players had worn Nike shoes who scored the goals.
Nike takes...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here