GLOBALISATION TABLE OF CONTENTS INTRODUCTION 3 Research methodology and limitations
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GLOBALISATION TABLE OF CONTENTS INTRODUCTION 3 Reasons behind the selection 3 Research Aim and Objectives 3 Research aim | fulfilled 3 Research objectives 3 Scope and limitations 4 Resources and cost considerations 4 Risks and cost considerations 4 Gantt chart 5 Risk register 6 CHAPTER 27 |Literature review7 Literature review7 CHAPTER 39 Research methodology9 Research design 10 Research approach |10 Research philosophy 11 Sampling 11 Data collection 11 Data analysis 12 Ethical Consideration 12 CHAPTER 413 Data analysis 14 CHAPTER 524
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GLOBALISATION
TABLE OF CONTENTS INTRODUCTION...........................................................................................................3 Reasons behind the selection..................................................................................3 Research Aim and Objectives.................................................................................3 Research aim...........................................................................................................3 Research objectives................................................................................................3 Scope and limitations..............................................................................................4 Resources and cost considerations.........................................................................4 Gantt chart..............................................................................................................5 Risk register............................................................................................................6 CHAPTER 2..................................................................................................................7 Literature review.....................................................................................................7 Literature review.....................................................................................................7 CHAPTER 3..................................................................................................................9 Research methodology...............................................................................................9 Research design....................................................................................................10 Research approach................................................................................................10 Research philosophy.............................................................................................11 Sampling...............................................................................................................11 Data collection......................................................................................................11 Data analysis.........................................................................................................12 Ethical Consideration.............................................................................................12 CHAPTER 4................................................................................................................13 Data analysis...........................................................................................................14 CHAPTER 5...............................................................................................................24 Conclusion and recommendations.........................................................................24 CHAPTER 6................................................................................................................25 Reflection............................................................................................................25 REFERENCES.............................................................................................................28
INTRODUCTION The proposed topic is for research is globalisation, which can be defined as the process of introducing items of an organisation on international level. It is a technique which is used to expand business in more geographic locations. With the help of globalisation the world is getting connected and exchanging cultures (Wright, 2016). The main purpose of it is, to enhance profits and increase foreign direct investment for the purpose of business expansion. This research is mainly based on the expansion of Grupo Intercom in UK which is a Spanish project incubator which was created in year 2000. Now the organisation is willing to become global by introducing its services in the market of UK. Reasons behind the selection This topic is selected due to various reasons. All of them are as follows: The main purpose of selecting globalisation is to enhance knowledge about it and analyse the factors that are required to be considered while expanding business. This topic is selected to determine that globalisation may help to achieve long term business goals such as profit maximisation or not. Research Aim and Objectives Research aim “To identify the growth opportunities forGrupo Intercomin UK.” Research objectives To broad knowledge about globalization and its importance for growth seeking companies. To determine that globalization is important for Grupo Intercom. To analyze the ways in which Grupo Intercom can introduce its products in UK. To assess advantages of globalization for companies such as Grupo Intercom. Scope and limitations The project is carrying wider information regarding globalisation which is beneficial for the people who are looking to enhance their knowledge regarding it. This may help the observers
to get the exact and accurate content regarding the ways in which an organisation may expand its business on global level. The readers of this research will be able to resolve all their queries regarding globalization and its importance. It can guide the professionals as well as students who are willing to enhance their knowledge regarding it. The researcher has conducted a detailed research in order to accomplish all the goals and objectives that are formed on the earlier stage of this project. It also have some limitations that are as follows: The researcher have faced various challenges during the research activities because it is not possible to get appropriate information easily. It is very difficult to follow the ethical requirements while conducting a research so it was also a limitation for the researcher because it was affecting the data collection process. The time and budget which was decided for the research was limited. Some of the aspects have not been analysed due to limitations which can be researched next time by the researcher. Resources and cost considerations As Grupo Intercom is planning to launch it self in UK and for this purpose the company requires various resources all of them are as follows: Monetary resources:The major requirement for Grupo Intercom is money which may help its to introduce it self in UK. It can be collected from various sources. All of them are as follows: Bank loan:The top authority of Grupo Intercom may request a bank to provide money that could be used for the purpose of business expansion. The organisation will be required to pay interest on borrowed amount on a fixed rate (Krugman, 2017). Selling old assets:It is the most preferable method of funding which could be used by Grupo Intercom in order to launch itself in UK. There is no requirement of paying interest every month on the amount which is collected by selling old assets of the company.
Foreign direct investment:It is also a good method of generating funding for business operations in which business plan could be presented to international investors and ask them to make investment in the business for expansion. Employees:For all the companies such as Grupo Intercom which are willing to become global it is vital to hire sufficient number of employees so that all the operational activities can be conducted in appropriate manner. A budget for Grupo Intercom: ParticularsAmount Rent of building15000 Salaries to employees25000 Furnitures for the building60000 Total100000 It is very important for the managers ofGrupo Intercom to arrange funding of 100000 in order to expand business in UK. Gantt chart
Risk register There are various risks that are proposed with the research. All of them are as follows: RiskProbabilityImpactSizeMitigation plannedResidual risk Ethical issues are the major risks for the research because sometimes it is not possible for the researcher to coop with ethical requirements. 347Researcher is required to makesurethatallthe ethicalrequirementsare fulfilled and possibility of risk is being decreased. 4 Another risk of the research is related to the accuracy because sometimes the content written in the report could be 436For researcher it is very importanttogather informationfromproper and appropriate resources so that risk of inaccurate data can be resolved. 3
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