Globalization and The Role of Standardization
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Added on 2021-02-20
Globalization and The Role of Standardization
Added on 2021-02-20
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Research Form
Research Proposal FormStudent Name: ______________________ Student ID:____________Centre Name: _____________________Tutor: ________________ Date:___________________Unit: ____________________Proposed Title: ______________________________________________Section One: Title, objective, responsibilitiesTitle or working title of the research project (in the form of aquestion, objective or hypothesis)Role of globalisation in dealing with standardisation issues in product toachieve business success. A study on CADBURY.Aim: To determine the role of globalisation in dealing with standardisationissues in products to achieve business success. A study on CADBURY.Research objectives (e.g what is the question you want to answer?What do you want to learn how to do? What do you want to findout?):Research objectivesTo acquire knowledge about internationalisation of business operations.To analyse the role of globalisation in enhancing business performance oforganisation.To determine the challenges faced by organisation in adoption of standardisation formore improved product quality Recommend ways through which standardisation can be adopted by associationthrough expansion at global level.Research questions
Do you have knowledge about internationalisation of business operations.What is the role of globalisation in enhancing business performance of organisation.Mention some challenges faced by organisation in adoption of standardisation formore improved product quality. How standardisation can be adopted by association through expansion at global level.Section Two: Reasons for choosing this research projectReasons for choosing the project (e.g links to other subjects youare studying, personal interest, future plans, knowledge/skills youwant to improve, why the topic is important):this investigation is best because this is important for organisation tounderstand about issues which might arise for maintaining standard andquality of products. This provides information to industry about workingstyle of new organisation and reason why they operate in differentcountries. If researcher wants to explore career in business sector, thenthey can acquire knowledge about issues which arise and ways to dealwith it.The major reason for selecting this topic for conducting investigation is toknow about ways through which business growth and development can beanalysed. There is requirement of complete and specific information sopossibilities of negative impact can be reduced. In current era, there isscope of business growth because of working at international level. In thistopic, it is easy to collect primary information because this topic is wellknown among people so they provide their views in appropriate manner.If in future, researcher wants to expand business, then it is easy to getpositive impact.Section Three: Literature sources searchedUse of key literature sources to support your research question,objective or hypothesis: Knowledge about globalisationGlobalisation is the process in which free trade can be conducted in more than onecountry with consideration of legal policies. There are different trade and legal laws which hasto be followed through which authenticity of operations can be achieved. As per view ofTrunnis Goggins, 2019 there is requirement of complete information about geographicalregion which has to be followed. With operating operations in more than one country, there is
improvement in living standard of people and they will become brand aware. Hence throughglobalisation, not only company but also country gets benefits. So consumer demand alsohave to be considered. Role of globalisation in enhancing business performance of organisationAs globalisation is improving business operations in more than one country, sothere is positive impact on sales and profits of enterprise. With globalisation of business brandimage and logo of association is understood by many people and they prefer to avail servicesfrom them. This makes it easy for managers to expand their operations. According to JohnWilliamson, 2019 Workers does not want to leave organisation because they are workingunder good brand and have knowledge about international market. This assist them to achievepersonal aims ad objectives. Organisation is able to improve their working efficiency such asuse of latest technology, knowledge about consumer demand, etc. through which goals andobjectives i.e. profits and sales can be achieved.Challenges faced by organisation in adoption of standardisation for more improved productsThere are some standards which has to be followed by organisation to providesatisfactory services to consumers, but some times, it is not available to specific country,hence with expansion of operations, it is easy to serve consumers with best. So this is themajor challenges which arise in current market because there is competition and it isimportant to provide best products to consumers. Challenges which arise are high cost,differnc in tax and legal policies, etc. with which manager has to deal. There is requirementof complete and specific information about particular geographical region because ofdifference. According to Nicky LaMarco, 2019 there is issue in understanding language andculture of country, improper communication technique, legal rules and regulations, etc. due towhich operations of association might get affected. If there is improper communication, thenthere are possibilities that consumers and not able to conduct activities in better andappropriate manner. If these factors are not considered by managers then smooth running ofbusiness is possible.Recommend ways through which standardisation can be adopted by association throughexpansion at global levelThere are many issues which arise in company while they are operating at
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