Globalisation Assignment - Tesco Plc
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Added on 2020-12-24
Globalisation Assignment - Tesco Plc
Added on 2020-12-24
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GLOBALISATION-TECHNOLOGY
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1P1 Producing research proposal by supporting with literature review.......................................1P2 Examining appropriate research methods and approaches to primary and secondaryresearch.......................................................................................................................................5P3 Conduct research using appropriate methods for business project by considering costs,ethical issues and access..............................................................................................................5P4 Applying analytical tools and assessing research findings....................................................6P5 Communicating research outcomes to audience....................................................................7P6 Reflecting on effectiveness of research methods applied in project....................................14P7 Considering alternative research methods...........................................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
INTRODUCTIONGlobalisation has positively influenced company's operations and economic growth ofcountry in effective manner. Present report deals with Tesco PLC engaged in retail sector andresearch will be conducted on how globalisation drives business success. First of all, researchproposal 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 BODYP1 Producing research proposal by supporting with literature reviewBackgroundGlobalisation has led to financial shift of companies from one country to another leadingto achieve growth in the best way possible. It has also paved for the way for the emergingeconomies to export their goods and services and accomplish overall economic growth quiteeffectually (Pettinger. 2017). It promotes sense of cultural awareness, international cooperationand international economic interdependency in effective manner. Multinational corporationshave assessed the importance of globalisation and implemented new business models toeffectively 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 extentwhich has benefited in the form of increased profitability and achievement of customersatisfaction not only in domestic country but also internationally. Tesco PLC is a giant in retailsector headquartered in UK and has global operations around the world. Thus, how globalisationdrives 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- Astudy on Tesco PLC”.ObjectivesTo analyse benefits of globalisation on success of Tesco PLC To assess factors of globalisation that lead to drive Tesco PLC to attain success1
To recommend on how business operations could be enhanced through globalisation inTesco PLCResearch QuestionsQ1. 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 ReviewTheme 1- Relationship of globalisation and growth As per the views of Henderson (2017), globalisation has paved the way for increasingoverall 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 inhome country for production can be outsourced to another country to achieve economies ofscale. This enhances specialisation and enables lower cost of production and consecutively lowerpriced goods for final customers in effective manner. It can be said that globalisation and growthhas constructive relationship and leads to enhancement of overall production and good quantumof profits.Grayson and Hodges (2017) says that globalisation has been fruitful for developingeconomies which requires growth in order to scale up their economy to developed nations byexporting goods in abundant quantity. It can be analysed that due to globalisation, expansion ofoperations 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. Inaddition to this, investment made by multinational corporations play crucial role in increasingeconomy level of developing countries. Thus, growth and globalisation have direct effect oncountry in accomplishing economic growth.Theme 2- Trade liberalisation and globalisationAccording to Kanjere (2017), trade liberalisation is way to exchange goods and servicesby one country to another by way of currencies. This attracts country which has specialisation inmanufacturing goods especially where there is comparative advantage over another. Trade2
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