BUSINESS RESEARCH PROJECT CHAPTER 1: INTRODUCTION3 CHAPTER 3: LITERATURE REVIEW 5 CHAPTER 4: Personal reflective statement 29 6.1 Reflection on research method used 29 6.2 Areas for further considerat

BUSINESS RESEARCH
PROJECT

Table of Contents
CHAPTER 1: INTRODUCTION....................................................................................................3
CHAPTER 2: LITERATURE REVIEW.........................................................................................5
CHAPTER 3: RESEARCH METHODOLOGY...........................................................................10
3.1 Research approach .............................................................................................................11
3.2 Methodologies.....................................................................................................................11
Chapter 4: Data collection and analysis.........................................................................................13
CHAPTER 5 Conclusion & Recommendation..............................................................................28
5.1 CONCLUSION...................................................................................................................28
5.2 RECOMMENDATION......................................................................................................28
CHAPTER 6 Personal reflective statement ..................................................................................29
6.1 Reflection on research method used...................................................................................29
6.2 Consider research method that can be used........................................................................30
6.3 Areas for further consideration...........................................................................................30
REFERENCES..............................................................................................................................31

Topic: “The positive, economic, cultural and ethical impact of globalisation on marketing. A
case study of Honda Ltd.”
CHAPTER 1: INTRODUCTION
Globalisation has paved the way for widening the reach to international markets and earn
desired profits in the best manner possible. It can be analysed that different developing
economies are effectively transforming into emerging economies leading to have international
trade. The impact of globalisation on business is multifaceted having positives and negatives.
The positive, economic, cultural and ethical are all governing factors which are involved in
investigating impact of globalisation. Positive facet of globalisation is that it brings overall
economic development, accelerates production and brings automation in marketing function of
organisation. It also serves to negatives such as increase in competition in cost, product,
advanced technological development etc. Present research paper deals with impact of
globalisation on marketing function of Honda Ltd. The study will identify positive, economic,
cultural and ethical impact of globalisation on company.
The research report will also include research methodology for conducting research. On
the basis of research, data analysis will be conducted which will include findings from data
gathered. Furthermore, findings of primary data and secondary data will be supported by
literature review. Moreover, reflection on undertaking of research methods for meeting aim and
objectives will be provided. Lastly recommendations will be provided for considering healthy
marketing function of Honda Ltd in the future.
Background of Research
Globalisation has effectively changed and influenced different business functions which
has impacted organisations worldwide. Marketing activities are required to consider
globalisation for making decisions based on it and ensure success in a better manner. It can be
ascertained that global branding is enhanced which is major impact of globalisation. Positive,
economic, cultural and ethical impact of globalisation has led to investigate what influences
marketing function of company. Due to increase in number of rivalries, need for more effective
marketing, price and product differentiation and impact of social media is aroused up to a major
extent. These impacts are necessary for ensuring business to be successful. In present report,
Honda Ltd will be investigated on the basis of positive, economic, cultural and ethical impact of

globalisation on marketing. This will help to conduct research and then implement better
approach for enhancing marketing function of company.
Company Overview
The present study will be conducted on Honda Ltd which is a Japanese public
multinational conglomerate company engaged in manufacturing of motorcars, automobiles,
aircraft and power equipment in effective manner. The company was founded in 1946 and
become world's largest motorcycle manufacturer since 1959. The vision and mission of Honda
Ltd is to provide value to customers and employee for dedicated services and productivity.
Rationale of research
The impact of globalisation on functional area of business such as marketing have been
influencing organisation up to a high extent. Globalisation has paved positives and negatives in
the company way. This has led to organisation for adopting pathway of expansion and going
globally for maximising profits in the best way possible. Main reason for choosing this study is
to investigate the positive, economic, cultural and ethical impact of globalisation on marketing
which are major factors driving success of business in a better manner. Next reason behind
selection of this topic is that scholar has ample of interest in investigating about impact of
globalisation on motorcar industry. Furthermore, it has large impact on overall economy of the
UK. Thus, these are some of the reasons which has induced researcher to conduct research on hot
topic of globalisation.
Aim-
To investigate the positive, economic, cultural and ethical impact of globalisation on
marketing
Objectives-
 To investigate the economic, cultural and ethical benefits of globalisation
 To determine the impact of globalisation in motorcar industry
 To collect and analyse primary and secondary data relating to benefits of globalisation on
Honda Ltd
 To present findings about the effect of globalisation at Honda Ltd and wider motorcar
industry
Research Questions
Q1. What is the impact of globalisation in motorcar industry?

Q2. What are the factors leading to have economic, cultural and ethical benefits of globalisation?
Q3. What are the benefits of globalisation to wider motorcar industry?
CHAPTER 2: LITERATURE REVIEW
2.1 Introduction
In the present chapter, there will be issues which will reflect about the positive economic,
ethical and cultural benefits of globalisation. Furthermore, there will be critique based on
positives of globalisation already stated by previous authors. The theoretical framework will be
ascertained and critical analysis of globalisation will be made regarding the topic of
globalisation.
2.2 Literature Review
Theme 1- Impact of globalisation in motorcar industry
As per the views of Timmer and et.al (2015), motorcar industry is effectively distinctive
having large number of giant firms which leads to economic development of UK. Final vehicle
assembling and parts production of vehicles has largely kept close to end markets because of
political sensitivities. Market saturation, increased level of motorisation and tendency of
automotive makers to “build where they sell” have lead to encouraged dispersion of final
assembling in effective manner. Importance and high volume consumer-oriented manufacturing
industry such as automotive industry has increased at a rapid rate. Wide variety of manufacturing
is achievable now as globalisation has provided way to outsource work and as a result, high
productivity is possible. As per the view of it can be stated that motorcar industry is already a
technological advanced country and enhancement in integration of low income countries into
global division labour work as to put competitive pressure on traditional motor car producing
countries.
Pavlínek (2015) says that impact of globalisation in motorcar industry of UK has been
most remarkable economic stories. British motor industry and car makers have been motored
through downturn and it can be assessed that export-led boom with soaring sales has been
accomplished after big crash in 1970 (Birrel. 2015). Furthermore, decrease in unemployment and
significant high investment in new plants and products are accomplished in a better manner.
Positive power of globalisation can be seen which has led to accelerating UK economy far better
than past. Unleash innovation, increase skills and improved productivity are driving factors of

globalisation positively impact overall economy in the best way possible. It leads to trigger and
enhance industrial performance of automotive up to a major extent in coming future.
In the views of Patra and Manohar Rao (2016) it is stated that over the past few years
changed global environment enabled the motorcar industry for developing business growth by
capturing global market opportunities across the world. Thus, in car industries globalisation has
taken place in its early days because of which high competition has been developed between
countries in order invent better cars and to obtain good amount of finance for manufacturing. It is
true that car are mainly manufactured in one country and get exported to other countries. For
example: Countries like Australia import cars from Europe and USA. Australia's first car which
is known as Holden FX mainly developed with the combination of American finance and design
and cheap and unskilled labour get hired from the Australian market. Therefore, globalisation
has provided a huge impact upon motorcar industries. According to the data which provided by
International Organisation of Motor Vehicle Manufacturers it is been analysed that total auto
production across the world has been increases with 16% in a period of 1997-2009 where 61.7
million vehicles has been produced. With the development of globalisation, there has been
increase in production of car in other than USA, Japan and Europe. It is analysed that 77% global
production has been initiated by these three countries but due to globalisation it had been decline
in 2009 because China has risen its production growth from 22% in 2009.
On the contrary it is been stated by Wicaksono and Manning (2018) that despite of
benefits, globalisation also provided some bad impact upon car industry. According to the author
views, it states that globalisation has majorly benefited less-developed countries with great
market access and opportunities for raising their economies. Furthermore, author also states that
automotive industries greatly influenced with the rise in globalisation. It is especially when free
trade has been initiated in traditional sectors such as in agriculture and in mining. It is also stated
that export price of automotive products has been increased with $319 billion in 1990 to $1.18
trillion in 2007. Author also state that developed of low tariff rates causes low price imports
because of which many other companies are there which dominate the auto mobile market. This
massive shift in automotive industry mainly impact on host countries such as closing of factories.
Recently, it is been found that Toyota has closed its factory in Australia because of government
policy for promoting agriculture and mining operations. This is making difficult for car
manufacturers for sustaining their production and to export their vehicles.

As per the view of Sitinjak, Pramawijaya and Gunawan, (2018) it can be stated that
globalisation is term that can be defined as process which is based on international strategies and
this all aims to have expansion in operational function of business at the worldwide level. In
contrary to Gupta, (2018) stated that globalisation is term that aids to provide enterprise a
superior competitive position with lower operating and it also aids to gain wide number of
commodities, service and consumers. According to view of Springer, (2018) stated that
international integration can be arising from interchange of world views, ideas, products and
other aspects of culture. With the help of advanced technical advancement, higher demands from
markets and faster innovation process aids to enhance the demand and affordability. As per the
view of Purnell, (2018) it can be stated that openness in trade aids as to bring number of
benefits. It is inclusive of larger markets. In contrary to Belu, Popa and Filip, (2018) stated that
Greater specialization opportunities and enhanced ability to exploit economies of scales and
scope. This all are very helpful in order to provide faster transmission of technical and innovative
advancement. As per the view of Suhartanto and Leo, (2018) it can be stated that globalisation
has large impacts and it affect the each aspect of an individual life and that is inclusive of
religion, food, transport, language, music and clothing. Thus, Naghavi and Prarolo, (2018)
stated that glob communication can get directly affected by process of globalisation and it also
works as to enhance wide number of business opportunities and that works as to remove cultural
barriers and aids to develop the interaction and integration among individual, companies and
legal authorities at the worldwide level.
Theme 2- Economic, cultural and ethical benefits of globalisation
According to McCann (2016), competitive forces have forced not only companies within
the automotive industry but also economies. The major benefit of globalisation to extract is to
increase focus on innovating practices for enlarging market share and enhance overall economic
development in a better manner. The automotive industry has effectively expanded electronics
and computer content on vehicle with applications ranging from power-train control for
improved fuel economy and thereby, reducing emissions for improving safety systems and
chassis controls quite effectually. The technological advancement is to be used economically and
in ethical manner so that desired profits may be accomplished and economic development may
be possible.

However, Pyke and Lund-Thomsen (2016) argues that globalisation has benefited
culturally as well. This is evident from the fact that businesses are able to provide innovative
motorcars to customers which has significantly helped customers to make favourable use of
technology for easing-off their effort. Moreover, manufacturing is done with reduced emissions
and low fuel parameters so that environment may not be harmed in any manner. Firms are
required to get into production which enhances economic benefits, culturally be beneficial for
customers and ethical towards environment. This means that automotive industry of UK needs to
upscale its quality standards so as to enhance overall economy.
According to the views of Williams and Vrabie (2018) it is true that automotive
industries are technological advanced but with the implementation of globalisation developing
countries will also able to put competitive pressure on traditional auto mobile countries. For
example: India is the country which has risen car manufacturing with 77% in 2009 which is
because of globalisation. China is the country which has reduced the data of USA by increasing
3% rise in car manufacturing. However, countries are now also more focusing on its corporate
social responsibilities where entities like Honda, Toyota has been providing huge contribution
for the development of society. This is the major benefit in terms of ethical consideration which
has been initiated with the implementation of globalisation across the world. It mainly provided
huge economic growth to developing nation because of which now each and every entity across
the world wants to establish their business in emerging market. It has mainly provided healthy
climate for private enterprises and also to consumer orientation where businesses are focusing on
fulfilling consumer's long term needs. It is also true that globalisation has helped in improving
standards of living of people in developing nation where more competition has been increased in
order to provide car which has some unique feature.
However, on the contrary Beer (2018) stated that implement of globalisation also have
developed some ethical dilemmas in company because changes which arises with this
implementation is economic, technological, cultural and political. However, it is also true that
labour laws and environmental laws are hard to enforce because of which entity has to bear huge
cost in order to meet with governmental condition. It is also true that globalisation also impacted
upon the culture of business where in order to expand globally it is analysed that businesses have
to adopt different culture in their production so that consumer needs and wants gets satisfied.
Thus, auto mobile industry mainly affected due to unprecedented access to cultures where main