Globalisation and Tesco PLC

This project investigates the impact of globalization on Tesco PLC, a leading multinational retailer. It analyzes how globalization has influenced Tesco's operations, growth, and competitive landscape. The project utilizes quantitative research methods, including a questionnaire survey of Tesco managers, to analyze the benefits of globalization and its role in driving business success.

GLOBALISATION-
TECHNOLOGY

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Producing research proposal by supporting with literature review.......................................1
P2 Examining appropriate research methods and approaches to primary and secondary
research.......................................................................................................................................5
P3 Conduct research using appropriate methods for business project by considering costs,
ethical issues and access..............................................................................................................5
P4 Applying analytical tools and assessing research findings....................................................6
P5 Communicating research outcomes to audience....................................................................7
P6 Reflecting on effectiveness of research methods applied in project....................................14
P7 Considering alternative research methods...........................................................................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Globalisation has positively influenced company's operations and economic growth of
country in effective manner. Present report deals with Tesco PLC engaged in retail sector and
research will be conducted on how globalisation drives business success. First of all, research
proposal will be made, then research methodologies will be applied in effective manner. Thus,
data analysis would be done and research outcome will be attained.
MAIN BODY
P1 Producing research proposal by supporting with literature review
Background
Globalisation has led to financial shift of companies from one country to another leading
to achieve growth in the best way possible. It has also paved for the way for the emerging
economies to export their goods and services and accomplish overall economic growth quite
effectually (Pettinger. 2017). It promotes sense of cultural awareness, international cooperation
and international economic interdependency in effective manner. Multinational corporations
have assessed the importance of globalisation and implemented new business models to
effectively stay ahead of competition and earn global market share (Ayeni and et.al., 2017).
Globalisation has drive businesses to enhance and enlarge their operations up to a high extent
which has benefited in the form of increased profitability and achievement of customer
satisfaction not only in domestic country but also internationally. Tesco PLC is a giant in retail
sector headquartered in UK and has global operations around the world. Thus, how globalisation
drives success of organisation will be assessed and research will be conducted.
Aim
“To assess how globalisation drives business success in the context of retail sector- A
study on Tesco PLC”.
Objectives
 To analyse benefits of globalisation on success of Tesco PLC
 To assess factors of globalisation that lead to drive Tesco PLC to attain success
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 To recommend on how business operations could be enhanced through globalisation in
Tesco PLC
Research Questions
Q1. What are the factors of globalisation leading to accomplish success of Tesco PLC?
Q2. Do globalisation really benefits cross-border sales of Tesco PLC?
Q3. How globalisation can help Tesco PLC to accomplish growth and success?
Literature Review
Theme 1- Relationship of globalisation and growth
As per the views of Henderson (2017), globalisation has paved the way for increasing
overall growth of companies and it has directly benefited economy up to a major level.
Production has been increasingly specialised and equipments or machineries not available in
home country for production can be outsourced to another country to achieve economies of
scale. This enhances specialisation and enables lower cost of production and consecutively lower
priced goods for final customers in effective manner. It can be said that globalisation and growth
has constructive relationship and leads to enhancement of overall production and good quantum
of profits.
Grayson and Hodges (2017) says that globalisation has been fruitful for developing
economies which requires growth in order to scale up their economy to developed nations by
exporting goods in abundant quantity. It can be analysed that due to globalisation, expansion of
operations of organisations can be achieved leading growth of economy with ease. Moreover,
investment has also attracted nations for meeting short-term and long-term requirements. In
addition to this, investment made by multinational corporations play crucial role in increasing
economy level of developing countries. Thus, growth and globalisation have direct effect on
country in accomplishing economic growth.
Theme 2- Trade liberalisation and globalisation
According to Kanjere (2017), trade liberalisation is way to exchange goods and services
by one country to another by way of currencies. This attracts country which has specialisation in
manufacturing goods especially where there is comparative advantage over another. Trade
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liberalisation increases availability of goods in one's own country which may not be available.
Wide variety of goods are imported and exported by which customers can choose desired
products from pool of commodities. This also increases competition among domestic companies
to innovate ideas and offer desired goods to customers.
Miklian, Schouten, Horst and Rolandsen (2018) argues that globalisation has been the
key for scaling up business in the best way possible. Trade liberalisation has been accomplished
because of free flow of goods and services across borders in effective manner. Capital flows are
increased which have been favourable to companies to enhance their operations on global basis
and nation gets advantage in form of equilibrium in economy. The international trade cycle has
increased leading to achieve growth of countries. This means that through perfect integration of
globalisation and trade liberalisation, overall economic advantage has been accomplished.
Significance of research
The globalisation has provided companies to attain higher production and good quantum
of profits in effective manner. This has led to achievement of desired objectives with ease. The
significance of current research is that scholar will be able to analyse and assess the factors
which leads to success of Tesco PLC in its global operations. Furthermore, interest of researcher
in globalisation is another significant factor which has been adopted to conduct research on.
Thus, significance of research in order to provide benefits of globalisation has attracted scholar
for conducting research on this topic.
Research Methodology
Research Type-
The research type consists of quantitative and qualitative methods which can be used by
researcher. In current research, scholar will use quantitative methods in order to undergo
numerical analysis of research topic (Ledford and Gast, 2018.).
Research Approach-
There are mostly used two types of research approaches such as inductive and deductive
approach. For present research, researcher will utilise deductive approach for forming particular
theory to specific.
Research Design-
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Research design is schema of research project or plan which guides researcher to execute
research as per the plan. There are two types of research design as descriptive and exploratory
design which are widely used. Researcher will implement exploratory research design in order to
take in-depth analysis of globalisation on success of Tesco PLC.
Research Philosophy-
There are two types of research philosophies such as interpretivism and positivism.
Researcher will use interpretivism philosophy for conducting research and interpret results in a
better way (Fletcher, 2017).
Sampling-
Sampling technique namely simple random sampling will be used by researcher. Online
questionnaire will be issued to 30 managers of Tesco PLC for assessing their viewpoints on how
globalisation is helping business to accomplish success.
Data collection-
Data collection will be taken from primary sources such as through questionnaire. Along
with it, secondary sources will also be used by taking access to books, journals, reliable articles
on internet etc.
Data analysis-
Data analysis will be conducted in order to analyse collected data quite effectively.
Researcher will conduct thematic analysis by producing themes from questionnaire data. Thus,
data will be analysed with ease and graphs will also be prepared (Walliman, 2017).
Research Timeline-
The research will be completed within 12 weeks which is represented in timeline of
research below-
Activities 1 2 3 4 5 6 7 8 9 10 11 12
Developing research
proposal
Formulate aim and
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objectives
Research
background
Implementing
research
methodologies
Data collection
Examine data
gathered
Interpreting results
Conclusion and
recommendation
Report submission
P2 Examining appropriate research methods and approaches to primary and secondary research
There are various sources from which data can be gathered in the best manner possible.
More frequently, primary and secondary sources are used for data collection in effective manner.
In relation to this, researcher is required to collect primary source of data with the help of
questionnaire being circulated to managers of Tesco PLC. This provide researcher to analyse
viewpoints of respondents on how globalisation has lead to successful business. Primary data has
major influence on analysing viewpoints of managers and then generate results (Alvesson and
Sköldberg, 2017).
On the other hand, secondary data is already collected data and has been used by
researcher for previous research. Scholar can use this data which serve the purpose of current
research so as to arrive at constructive conclusion. The resources such as books, library, journals,
articles published on internet etc. Thus, both the resources have been used for conducting
research in effective manner.
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P3 Conduct research using appropriate methods for business project by considering costs, ethical
issues and access
For conducting research, it is required beforehand that researcher should considers
various factors so that business project may be accomplished quite effectively. The
considerations are as follows-
Costs-
Costs are one of the important consideration which needs to be undertaken by researcher
before starting research. Without incurring expenses, research cannot be conducted. The
expenditures such as travelling costs, internet expenditures, printing are incurred for project.
Ethical issues-
The ethical issues have been undertaken and without prior permission of respondents,
data has not been used. Moreover, research objectives have been disclosed to them and thus, no
force has been exercised on them to gather data.
Access-
Access has been taken from secondary sources in order to provide with better insight
about the research topic. Reliable sources such as books, journals, published articles are being
taken with permission and thus, utilised for collecting data (Clifford, 2017).
P4 Applying analytical tools and assessing research findings
Research Type-
Quantitative method is being applied for assessing research for taking out numerical
analysis. Thus, researcher has taken quantitative method for generating results.
Research Approach-
Researcher has applied deductive approach in hand so as to effectively formulate theory
from general to specific. Thus, desired results have been accomplished.
Research Design-
Scholar has implemented exploratory research design in order to explore globalisation
subject as it is a wide topic. Hence, this design has been applied for achieving results.
Research Philosophy-
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Interpretivism philosophy of research has been applied in order to arrive at better results
in effective manner. Moreover, interpretations of results is being arrived in a better way
(Brannen, 2017).
Sampling-
Simple random sampling is applied by taking questionnaire by issuing to 30 managers of
Tesco PLC. Thus, there viewpoints have been gathered with the help of questionnaire.
Data collection-
Primary data has been used for making out viewpoints of managers through
questionnaire. On the other side, books, journals, articles from internet have been used for
secondary data (Martin, 2017).
Data analysis-
Thematic analysis has been conducted for analysing collected data in effective manner.
Along with it, graphs are being produced for better representation of data.
P5 Communicating research outcomes to audience
Questionnaire
Name
Age
Gender
Demographic profile
Q1. Do you agree that globalisation leads to enlargement of operations internationally?
 Strongly Agree
 Agree
 Strongly Disagree
 Disagree
Q2. What are the benefits does globalisation impart to Tesco PLC in achieving business
objectives?
 Higher growth
 Free flow of goods
 Increase in profits
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 Customer satisfaction
Q3. Do you believe that sales are increased because of globalisation across international borders
of Tesco PLC?
 Strongly Agree
 Agree
 Strongly Disagree
 Disagree
Q4. Do you think that globalisation has benefited Tesco PLC in scaling up its overall
performance?
 Strongly Agree
 Agree
 Strongly Disagree
 Disagree
Q5. Do you agree that globalisation and trade liberalisation have increased competition to Tesco
PLC?
 Strongly Agree
 Agree
 Strongly Disagree
 Disagree
Q6. Do you think that Tesco PLC has to develop new business model to stay ahead of the
rivalry?
 Yes
 No
Q7. Kindly provide further suggestions to improve upon services.............
Theme 1- Globalisation leads to enlargement of operations internationally
Q1. Do you agree that globalisation leads to
enlargement of operations internationally? Participants
Strongly Agree 12
8

Agree 7
Strongly Disagree 8
Disagree 3
Total 30
Strongly Agree Agree Strongly Disagree Disagree
0
2
4
6
8
10
12
14
12
7
8
3
Participants
Interpretation-
It can be interpreted from above graph that globalisation leads to enlargement in Tesco
PLC operations as 12 have responded in favour of it. While 8 have strongly disagreed and 3 have
disagreed with it.
Theme 2- Free flow of goods benefit is imparted to Tesco PLC
Q2. What are the benefits does globalisation
impart to Tesco PLC in achieving business
objectives? Participants
Higher growth 9
9

Free flow of goods 10
Increase in profits 7
Customer satisfaction 4
Total 30
Higher growth
Free flow of goods
Increase in profits
Customer satisfaction
0
2
4
6
8
10
12
9
10
7
4
Participants
Interpretation-
The chart represents that free flow of goods is main benefit out of globalisation. While, 9
said higher growth is achieved by company. 7 said profits are increased and 4 answered customer
satisfaction is accomplished.
Theme 3- Sales are increased because of globalisation
Q3. Do you believe that sales are increased
because of globalisation across international
borders of Tesco PLC? Participants
Strongly Agree 10
10

Agree 9
Strongly Disagree 6
Disagree 5
Total 30
Strongly Agree Agree Strongly Disagree Disagree
0
2
4
6
8
10
12
10
9
6
5 Participants
Interpretation-
It can be analysed that majority of managers have strongly agreed that sales are increased
because of globalisation. 9 have agreed with the statement. While, 6 and 5 respondents have
strongly disagreed and disagree respectively that sales remain unchanged.
Theme 4- Globalisation has benefited Tesco PLC in scaling up performance
Q4. Do you think that globalisation has
benefited Tesco PLC in scaling up its overall
performance? Participants
Strongly Agree 11
11

Agree 8
Strongly Disagree 5
Disagree 6
Total 30
Strongly Agree Agree Strongly Disagree Disagree
0
2
4
6
8
10
12 11
8
5
6
Participants
Interpretation-
It can be analysed that 11 respondents believes that overall operations of company are
increased because of globalisation. 8 participants have also agreed with it. While, 5 strongly
disagree with it and 6 do not agree with statement.
Theme 5- Globalisation and trade liberalisation have increased competition
Q5. Do you agree that globalisation and trade
liberalisation have increased competition to
Tesco PLC? Participants
Strongly Agree 10
12

Agree 6
Strongly Disagree 8
Disagree 6
Total 30
Strongly Agree Agree Strongly Disagree Disagree
0
2
4
6
8
10
12
10
6
8
6
Participants
Interpretation-
It can be analysed that 10 respondents have said that competition is increased due to trade
liberalisation and globalisation. While, 8 have disagreed with such statement. 6 answered that
competition is not increased. However, majority said competition is maximised.
Theme 6- Company has to develop new business model to stay ahead of competition
Q6. Do you think that Tesco PLC has to
develop new business model to stay ahead of
the rivalry? Participants
Yes 18
13

No 12
Total 30
Yes No
0
2
4
6
8
10
12
14
16
18
20
18
12
Participants
Interpretation-
It can be assessed from above chart that 18 respondents believe that Tesco PLC requires
to develop new business model for outreaching rivals. While, 12 said no that old business model
is sufficient.
P6 Reflecting on effectiveness of research methods applied in project
The research has been conducted in order to arrive at better results. I have gathered
appropriate data by which I'm able to enhance my communication skills in a better way.
Moreover, my data analytical skills have been improved. Furthermore, I'm able to assess how
globalisation drive Tesco PLC to achieve success. On the other hand, quantitative method has
been applied in order to assess numerical data in effective manner. Thus, research outcome is
being carried out.
P7 Considering alternative research methods
There are various alternative methods which can be applied in order to carry out results
quite effectively. In above research methodologies, quantitative method has been applied for
accomplishing results. However, qualitative method could also be applied for carrying out results
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and conducting theoretical framework of how globalisation drives business to success. While,
descriptive research design can also be used for describing in detail factors of globalisation.
Thus, alternative research methods can be utilised.
CONCLUSION
Hereby it can be concluded that globalisation has major impact on Tesco PLC as it helps
to increase sales in a better way. From data collection, questionnaire was asked to managers of
company for analysing how globalisation is impacting business. It can be analysed from research
that globalisation has positive impact on organisation for increasing operations and achieving
higher growth in international market.
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REFERENCES
Books and Journals
Alvesson, M. and Sköldberg, K., 2017. Reflexive methodology: New vistas for qualitative
research. Sage.
Ayeni, A. and et.al., 2017. Globalisation and Ebola disease: Implications for business activities
in Nigeria. African Journal of Business Management. 11(3). pp.47-56.
Brannen, J., 2017. Mixing methods: Qualitative and quantitative research. Routledge.
Clifford, D., 2017. Critical life histories: key anti-oppressive research methods and processes.
In Re-thinking Social Research (pp. 102-122). Routledge.
Fletcher, A. J., 2017. Applying critical realism in qualitative research: methodology meets
method. International Journal of Social Research Methodology.20(2). pp.181-194.
Grayson, D. and Hodges, A., 2017. Corporate social opportunity!: Seven steps to make
corporate social responsibility work for your business. Routledge.
Henderson, D., 2017. The Role of Business in the World of Today. In Business, Capitalism and
Corporate Citizenship (pp. 24-27). Routledge.
Kanjere, M. M., 2017. The role of business leadership in uplifting the local communities in
mining areas: a South African perspective in the globalisation era. International Conference
on Public Administration and Development Alternatives (IPADA).
Ledford, J. R. and Gast, D. L., 2018. Single case research methodology: Applications in special
education and behavioral sciences. Routledge.
Martin, M., 2017. Developing a feminist participative research framework: Evaluating the
process. In Re-thinking social research (pp. 123-145). Routledge.
Miklian, J., Schouten, P., Horst, C. and Rolandsen, Ø., 2018. Business and Peacebuilding: Seven
Ways to Maximize Positive Impact.
Walliman, N., 2017. Research methods: The basics. Routledge.
ONLINE
Pettinger. 2017 Costs and benefits of globalisation [Online] Available Through:
<https://www.economicshelp.org/blog/81/trade/costs-and-benefits-of-globalisation/>
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