(PDF) Globalization and Strategic Planning

Research
Project

Table of Contents
Introduction......................................................................................................................................3
Research Topic............................................................................................................................3
Research Aim..............................................................................................................................3
Research Objective......................................................................................................................3
Rationale of research...................................................................................................................3
Research Questions.....................................................................................................................4
Pathway.......................................................................................................................................4
Literature review..............................................................................................................................5
Research methodology.....................................................................................................................7
Research Philosophy...................................................................................................................7
Research Approached..................................................................................................................7
Qualitative Research...................................................................................................................8
Quantitative Research.................................................................................................................8
Primary Source............................................................................................................................8
Secondary Source........................................................................................................................9
Sampling Methods......................................................................................................................9
Questionnaire..............................................................................................................................9
Data analysis and interpretations...................................................................................................11
Research Outcomes........................................................................................................................20
Covered in PPT.........................................................................................................................20
Reflection & Recommendation......................................................................................................24
Reflection..................................................................................................................................24
Recommendation......................................................................................................................24
Conclusion.....................................................................................................................................27

Introduction
Globalisation is defined as process which is generally adopted by a company in order to
expand their business in international market. This will also help in developing interaction and
investigation among the peoples, company and legal bodies at global level. Through this a
company able to gain various benefits such as enhance number of customers, market shares,
profitability ratio and many more (Aharoni, 2014). There is various methods available through
which a firm can enhance business such as franchises, partnership, joint venture and so on.
Organisation taken for this assignment is TESCO, which is a public limited company operating
in retail industry. It is founded by Jack Cohen in year 1919 and it’s headquarter is situated at
Hertfordshire, England. Products offer by respective company are supermarket, hypermarket,
convenience shop and superstore. This research is based on identifying importance of
globalisation for respective firm as well as through it researcher also analyse different strategies
through which they can enter into emerging marketplace.
Research Topic
Globalization is essential for every company because through it they able to expand their
business in international market in effective and impressive manner. This report is based on the
topic which describe about importance of globalization and diverse type of strategies which are
adopted by business for entering into emerging marketplace.
Research Aim
To analyses the importance of globalization and different strategies employed by
businesses for entering into emerging market. A case on TESCO
Research Objective
 To identify the impact of globalization on supermarket industry in UK
 To determine the role of emerging market in context of success achieved by TESCO
 To identify several strategies that TESCO can employ for entering into emerging market.
Rationale of research
The main reason for selecting this research topic is to analyse the importance of
globalisation for a business as well as by this report researcher also want to collect information
about different strategies that a business can adopt for entering into growing marketplace
(Alkhafaji and Nelson, 2013). Along with this, respective research also aid project manager in

improving skills, knowledgeable and capabilities related to effectiveness of globalisation and
different tool for adopting it so that company able to enhance their business. Information
collected by researcher may also help other peoples or students by providing proper information
regarding to globalisation, its importance and different strategies which adopted for entering into
emerging marketplace.
Research Questions
 How globalization impact over supermarkets of UK?
 How does emerging market influence the success of TESCO?
 Investigate the strategies that TESCO needs to employed while entering in emerging
market?
Pathway
 Introduction: This segment of research will contain information related to various topics
such as research topic, aim, objective, questions and rationale. By this section a project
manager or other person can know about what are happening in research.
 Literature review: This segment of the report will contain information in perspective of
author which is based on the objective developed by researcher.
 Research methodology: This segment will help researcher in collecting data on the topic
they developed. It will include discussion of several factors such as philosophy,
approach, qualitative and quantitative method, primary and secondary source, sampling
and questionnaire (Amaladoss and Manohar, 2013).
 Data analysis and interpretations: At this stage questionnaire responds or data will be
analyse by using excel spreadsheet so that researcher able to get appropriate outcome
based on topic.
 Research Outcomes: This section will consider as summary of research which will show
to stakeholders of company so that they about the outcome. This section will generally
cover in power point presentation.
 Reflection & recommendation: This segment of the research will cover personal
reflection and recommendation. In personal reflection research describe about issues
which they face during research, skills which they enhance and so on (Boserup, Tan and
Toulmin, 2013)). On the other hand in recommendation section they will provide
suggesting for improvement.

 Conclusion: The respective segment will contain whole summary of activities which are
conducted in research as well as it will also include outcome of conducting respective
research.
Literature review
Literature review is define as scholar paper or documents which will include different
type of written documents such as books, journals and newspaper through which researcher can
collect information related to their topic. It is consider as secondary source of gathering data and
information.
 How globalization impact over supermarkets of UK?
As per the view of Tim Lang, 2019 the term globalization is mainly used and analysed by
social scientists (The complexities of globalization: The UK as a case study of tensions within
the food system and the challenge to food policy, 2019). It is a broad concept which allows free
trading of good and services among the nations as well as it will also allow individuals to go
from one country to another for getting employed. Now a day globalisation is impacting on each
and every sector such as supermarket, auto mobile, hospitality and many more, so it is necessary
for company's manager to conduct proper analysis and then develop strategies accordingly. In
respect of supermarket of United Kingdom globalisation impacted it in positive manner because
through it they able to gain various benefits. For example supermarket at respective country able
to adopt new technology, they able to expand their business at various locations at worldwide
level, they also get opportunity to offer wide range of products at one place. In addition to this, at
United Kingdom there are wide variety of supermarkets such as TESCO, ALDI, Marks and
Spencer, Sainsbury, Lidl and many more (Cavusgil, Ghauri and Akcal, 2012). By globalisation
these supermarket able to hire more appropriate candidate for vacant position from worldwide
level that help them in offering more quality services to their customers. This expansion or
growth of supermarket also aid United Kingdom to increase their economy and growth rate
impressively.
 How does emerging market influence the success of TESCO?
According to the perspective of Mark Smith, 2019 for succession of every company
growing market plays an essential role because through it company able to seek opportunities in
more effective and successful manner (Tesco investors celebrate emerging market success,
2019). Along with this emerging market also help company like TESCO in getting more

investors so that they can conduct innovation as well as operations in more impressive manner
which leads to enhancement of profits properly. According to analysis done by FE Analytic it is
evaluate that through emerging market TESCO shows 56 funds list and come in top ten company
which have £ 2 billion of Newton Higher Income fund as well as the £ 780 million of JOHCM
UK Opportunities fund. This shows that respective company gain various opportunists by
expanding their business operations and market at emerging or rising marketplace as well as it
will also help them in growing their business impressively and effectively.
 Investigate the strategies that TESCO needs to employed while entering in emerging
market?
As per the view of Naseem Jeewa (8 Strategies to Enter a New Foreign Market 2019.) for
an organisation there are various options to enter into the foreign market that helps to direct
organisational goals and objectives in proper manner. In context of Tesco that wants to expand in
to foreign marketplace so here is the no. of market entry strategies:
 Joint venture: Joint venture is a close relationship between the domestic and foreign
organisations and both the firms invest in each other ownership and control shares jointly.
In JV the foreign partner provides the expertise to the new market, about opportunists,
network and connections to get access in the new marketplace (Chhokar, Brodbeck and
House, 2013). It is riskier in nature and also less flexible and many organisation adopts
that may afford tax advantages of many nations.
 Direct exporting: Direct exporting is one of effective way to enter into the new market
in which products and services sell directly into marketplace. Organisation uses various
kinds of sales programs to represent themselves in front of distributors and agents and
they work closely to represent in self-interest of an organisation. It is less risky in nature
as foreign partner have adequate knowledge and information regarding market and
products to gain optimum outcomes.
So in context of Tesco which expands in the foreign marketplace have to opt the direct
exporting method of market expansion because it eliminates all intermediaries that save cost and
time. Also it provides greater degree of control over various works and activities to get potential
outcomes.

Research methodology
Research methodology is a specific chain of activities used to identify, select and process
the knowledge and information on a specific subject matter (Crane and et. al., 2019). In a
research paper it allows a reader to evaluate the whole knowledge in critical manner for judging
its validity and reliability.
Research Philosophy
Research philosophy kind of belief which deals with sources, nature and procurement of
knowledge and information. There are four kinds of philosophies that a researcher can use while
conducting research these are ontology, epistemology, positivism and Realism. In that respective
research the positivism research philosophy use by them. Positivism research philosophy which
is states about certain knowledge is based on the natural phenomenon. It is gathered from
sensory experiences and interpretation of reasons and logic that are source of knowledge. So in
research logics and phenomenon plays very crucial role to interpret potential outcomes in
positive manner. This is most appropriate for respective research project because it will help
researcher in covering wide range of situation and it is faster as well as economical method as
comparison to others. Moreover, it will also help them in supporting research with the statistical
as well as objective informations.
Research Approached
Research approach is a systematic plan and procedure which consisted various steps for
through assumptions using detailed method of data collection, analysis and then for
interpretation. There are three kinds of research approaches that are inductive, deductive and
abducative research approach.
 Deductive research approach: In respective approach of research, hypothesis should be
formulated for dissertation that needed to accepted or rejected during the whole process.
 Inductive research approach: In inductive approach hypothesis not involved and it
begins with research questions and then aims and objectives that are essential to complete
a research project (Crane, Kawashima and Kawasaki, 2016).
 Abductive research approach: Respective research approach dedicated to explain the
incomplete observations which are particularise at the initiation stage of the research

project. If a researcher devoted towards qualitative and quantitative methods of data
collection in an integrated manner then it involved in abductive research approach.
In respective research, researcher uses the deductive research approach in which
reasoning and decision making are crucial part of thinking process and by adding both attributes
researcher able to make important kinds of decisions. It helps in accumulating knowledge that is
significant for a researcher to gathered potential knowledge and information.
Qualitative Research
Qualitative is an primary exploratory kind of research that used to gain understanding
regarding underlying reasons, views and motivations. It undertakes insights regarding problems
to develop ideas or hypothesis related with research (Dodgson, 2018). This method is an open
ended and communicative for obtaining data and information to reach at crucial decisions. It is
costly and time consuming in nature used by researcher to solve specific issues or problems.
Quantitative Research
Quantitative research defined as a coordinated or systematic investigation of research
phenomenon by collecting data and statistics that are quantifiable in nature. Respective data
should be gathered from existing and potential consumers with help of various sampling methods
and tools by sending out online polls, questionnaire and online surveys. Researchers use it by
deploy mathematical frameworks and models which pertains quantity under some questions.
In respective research with the help of qualitative research should be used by the
researcher because it is based on the human experience and observations that proved beneficial
to collect important outcomes out of it.
Primary Source
Primary source provides first hand evidences regarding the events, objects, an individual
and a piece of work or art. Primary data collected by researcher by using surveys, interviews or
experiments and questionnaire (Gabrielsson, Gabrielsson and Seppälä, 2012). The primary data
are collected with keeping research project in mind so that potential outcomes should be
collected. The important reasons of using respective source of data collection instead of that it is
cost and time consuming that it provides high level of accuracy to a researcher. It is more reliable
and sometimes secondary data is not available for specific kind of enquiries. For respective
research, researcher use both primary and secondary sources to collect information to remain

always competitive in marketplace. To collect knowledge and information from primary sources
researcher use questionnaire that is one of significant method to acquire potential outcomes.
Secondary Source
Secondary source of information which is collected later by someone else that not
possess experience of first hand data collection. There are some common sources of collection of
secondary data and information which are censuses, data gathered by government departments,
previous organisational records that primarily collected for other research purpose. In respective
research the secondary data also be collected with help of books, journals and articles to
accumulate important knowledge and information.
Sampling Methods
Sampling is a process for selection of individuals from large groups within specified
population by estimating characteristics of whole population. Small number of people represents
the whole population which rely on the analysis being performed (Hallbäck and Gabrielsson,
2013). There are various methods of sampling that are simple random sampling, systematic
sampling, cluster sampling. In respective methods researcher uses the simple random sampling in
which each individual is chosen randomly from the large population to get accurate results. In
sample random sampling the respective researcher used questionnaire to accumulate views and
opinions of consumers that are selected randomly. The respective sampling method is
appropriate for respective research because it is more simple from other sampling methods.
Along with this it will also help researcher in providing equal chance of selection for each and
every person from huge population. Sample size selected by respective report researcher is 50
who are employees of TESCO.
Questionnaire
Questionnaire is an important kind research tools which consisted chain of questions to
attain objective to gather important knowledge and information from various respondents. It is
one of important tool to collect primary data and information.
Questionnaire
Name:
Email Id:
Phone Number:

Q1. What kind of impact globalisation has on TESCO?
 Increase competition
 Expand trade
 Increase capital and labour mobility
 All of the above
Q2. Is sales of TESCO in Europe is higher than Asia due to globalisation?
 Yes
 No
Q3. Does selling in the global market helps TESCO in improving relations?
 Yes
 No
Q4. What are the most important things to consider while selling in distinct and different
countries with different ethnicities?
 Culture
 Customers Requirements
 Purchasing behaviour of customers
Q5. Has selling in the global market improve profits of TESCO?
 Yes
 No
Q6. Why globalisation is important for TESCO?
 Increase market shares
 Increase Profitability
 Increase Trade
 All of the above
Q7. Has globalisation created innovation for TESCO?
 Yes
 No
Q8. What are the problems faced by TESCO while conducting business at global level?
 Increase in competition
 Cultural Gap
 Increase in Cost or expenses

 All of the above
Q9. How does it impact if TESCO does not sell the appropriate products at potential
marketplace?
 Decrease in Sales and profit
 Reduction in numbers of customers
 Impact on business goodwill
 All of the above
Q10. What can be the strategic planning done by TESCO to remain successful at global
marketplace?
 Planning for fund management
 Developing mission, vision and objective
 Conduct business environment analysis
 All of the above
Q11. What kind of research is required for TESCO at the time of selling their products at
global market?
 Qualitative research
 Quantitative research
Q12. Any suggestion for further improvement...........................................................................
…......................................................................................................................................................
..........................................................................................................................................................
Data analysis and interpretations
Theme 1: Impact of globalisation on TESCO
Q1. What kind of impact globalisation has on TESCO? Frequency
 Increase competition 10
 Expand trade 15
 Increase capital and labour mobility 9
 All of the above 16

Interpretation:- By analysing above collected data it can be interpreted that globalisation
impact on TESCO in various ways. In respect of 10 respondent’s globalisation impact in
increasing competition, 15 says it leads to expand trades and in respect of 9 respondents it will
impact on increasing capital and labours mobility. Moreover in respect of left over 16
candidate’s globalisation will impact in all of the above factors of TESCO business operations
and functions.
Theme 2: Sales of TESCO in Europe is higher than Asia
Q2. Is sales of TESCO in Europe is higher than Asia
due to globalisation?
Frequency
 Yes 30
 No 20
10
15 9
16
Increase competition
Expand trade
Increase capital and labour
mobility
All of the above

Interpretation:- By analysing the data collected by researcher from 50 candidates in order to
identify view on is sales of TESCO is more in Europe in comparison to Asia. In this respect view
point of 30 respondents, they are agreed on respective company sales is higher at Europe in
compare to Asia. But left over 20 respondents are not agree on this according to them it sales in
not high at Europe.
Theme 3: Selling in the global market helps TESCO in improving relations
Q3. Does selling in the global market helps TESCO in
improving relations?
Frequency
 Yes 26
 No 24
Yes No
0
5
10
15
20
25
30
30
20
Column B
26
24
Yes
No

Interpretation:- In respect of data gathered from 50 respondents, it can be analysis that
according to 26 respondents selling in the global market helps TESCO in improving relations.
But in respect of 24 candidates globalisation will not help respective company in enhancing
relations at marketplace with its potential customers, shareholders, investors and many more.
Theme 4: Important things to consider while selling in distinct and different countries
Q4. What are the most important things to consider
while selling in distinct and different countries with
different ethnicities?
Frequency
 Culture 15
 Customers’ Requirements 25
 Purchasing behaviour of customers 10
Interpretation:- By evaluating data collected by researcher from 50 respondents it can be
determine that there are various things which a company need to consider while selling its
products at distinct and different country. In respect of 15 respondent’s firm need to consider
culture of particular country, according to 25 they need to evaluate customers requirement and in
respect of 10 people’s organisation must consider purchasing behaviour of customers. This is so
15
25
10
Culture
Customers Requirements
Purchasing behaviour of
customers

because it will them in running as well as expanding their business in effective manner at
interactional market.
Theme 5: Selling in the global market improve profits
Q5. Has selling in the global market improved profits of
TESCO?
Frequency
 Yes 30
 No 20
Interpretation:- Researcher of the respective research collect data from 50 respondents in order
to identify is selling in the global market improve profits of TESCO. In respect of 30 peoples
through conducting business at global market respective company able to improve its
profitability. But in respect of left over 20 respondents by globalisation organisation not able to
Theme 6: Globalisation is important for TESCO
Q6. Why globalisation is important for TESCO? Frequency
 Increase market shares 10
 Increase Profitability 15
 Increase Trade 9
 All of the above 16
Yes No
0
5
10
15
20
25
30
30
20
Column B

Interpretation:- By evaluation data from 50 respondents in order to identify importance of
globalisation on TESCO, it is analysis that according to different peoples it is effective in diverse
manner. In respect of 10 peoples it will help in increasing market shares, 9 respondents think it
leads to enhancing trade and in respect of 15 candidate’s globalisation help them in increasing
profitability as well as in context of left over 16 respondents it will help in all these factors.
Theme 7: Globalisation created innovation for TESCO
Q7. Has globalisation created innovation for TESCO? Frequency
 Yes 26
 No 24
10
15
9
16
Increase market shares
Increase Profitability
Increase Trade
All of the above
26
24
Yes
No

Interpretation:- Data collected by researcher of respective research project it can be determine
that globalisation will help TESCO in adopting or creating innovation. Such as in respect of 26
respondents out of 50, they are agree on globalisation help respective firm in adopting and
creating innovations. Along with this in respect of left over 24 respondents they are not agree on
the same statement.
Theme 8: Problems faced by TESCO while conducting business at global level
Q8. What are the problems faced by TESCO while
conducting business at global level?
Frequency
 Increase in competition 11
 Cultural Gap 10
 Increase in Cost or expenses 9
 All of the above 20
Interpretation:- While developing business at international market TESCO go through various
issues or problems such as in respect of 11 respondents company face increase competition at
market and according to 10 peoples they go through culture gap. In respect of 9 candidates due to
globalisation there will be also increase in cost or expenses of company but on the other hand left
over 20 respondents it will leads to all of the issues when TESCO go at global level.
11
10
9
20
Increase in competition
Cultural Gap
Increase in Cost or expenses
All of the above

Theme 9: Impact if TESCO does not sell the appropriate products
Q9. How does it impact if TESCO does not sell the
appropriate products at potential marketplace?
Frequency
 Decrease in Sales and profit 12
 Reduction in numbers of customers 10
 Impact on business goodwill 11
 All of the above 17
Interpretation:- By analysing data gather through researcher from 50 respondents in order to
identify view point of peoples on impact on TESCO if they does not sell the appropriate products
to their potential customers. In this respect 12 respondents respective situation will leads to
decrease in sales and profitability, according to 10 peoples it will reduce in number of customers
and in respect of 11 candidates this situation will effect on business goodwill. Along with this in
respect of left over 17 candidates respective condition leads to all of the above issues which
directly impact on their business.
Theme 10: Strategic planning done by TESCO to remain successful at global marketplace
Decrease in Sales and profit
Reduction in numbers of customers
Impact on business goodwill
All of the above
0
2
4
6
8
10
12
14
16
18
12
10 11
17
Column B

Q10. What can be the strategic planning done by
TESCO to remain successful at global marketplace?
Frequency
 Planning for fund management 10
 Developing mission, vision and objective 15
 Conduct business environment analysis 9
 All of the above 16
Interpretation:- By evaluating data collected by respective research researcher related to what
can be the strategic planning that TESCO may conduct for remain successful at global
marketplace. In this every respondents there is diverse point of view such as in context of 10
respondents respective company need to conduct planning for fund management, 15 peoples
think they needs to developing mission, vision and objective and in respect of 9 respondents they
need to conduct business environment analysis. In context of left over 16 peoples all these
strategic planning must be conducted for conducting effective business at international market.
Theme 11: Kind of research is required for TESCO at the time of selling their products at
global market
Q11. What kind of research is required for TESCO at Frequency
0
4
8
12
16 10
15
9
16
Column B

the time of selling their products at global market?
 Qualitative research 30
 Quantitative research 20
Interpretation:- In respect of data collected by researcher in order to identify different kind of
research required for TESCO at the time of selling their products at global market. In this respect
according to 30 respondents respective company may adopt qualitative research method and in
respect of 20 peoples they can implement quantitative research method.
Research Outcomes
Covered in PPT
30
20
Qualitative research
Quantitative research

Reflection & Recommendation
Reflection
I am very glad that I get opportunity to conduct research on such a vast topic i.e.
“Analyses the importance of globalization and different strategies employed by businesses for
entering into emerging market”. In research team there are total 5 members including me and
while conducting this research we all go through several issues. Such as some of the main issues
which I face in conducting research are there is lack of time as well as resources due to which we
have to limit our research at a particular time period. Along with this I and my team members
also go through conflict situation because there is gap in communication and understanding. But
at last I am happy that due to this I enhance my various skills, knowledgeable and capabilities
which will help me in my future career. There are number of skills which I improve such as
communication, understanding, decision making, problems solving and many other skills. These
all enhanced skills and capabilities will helpful for my future career growth or development.
Moreover, in this research project I had adopt various method such as for research philosophies I
adopt positivism research, for research approaches I use deductive research approaches. For
collecting data and information related to topic I adopt qualitative research and primary as well
as secondary sources because through it I able to collect more authenticate data. I also adopt
random sample sampling so that I can select more appropriate respondents for my questionnaire.
Recommendation
By analysing the entire situation there are several recommendation for researcher which
will help them in gaining more appropriate outcome related to topic “Analyses the importance of
globalization and different strategies employed by businesses for entering into emerging
market”. Some recommendation is given below according to situation:-
 It is recommended to respective organisation to analyse the customers and market in
order to sell their products at different countries or location.
 It is recommended to TESCO to adopt various strategic planning in order to sustain at
global marketplace in term of Planning for fund management, Developing mission, vision
and objective and Conduct business environment analysis.
Alternative method

By analysing the whole project I analyse that if I can adopt different method for gathering
information and data such as I can conduct interview. This is so because it will help me in
analysing other expressions on the question or situation as well as it will also help in gathering
more authenticate information and data related to topic.
Research ethical form
All students conducting research activity that involves human participants or the use of data
collected form human participants are required to gain ethical approval before commencing their
research. Please answer all relevant questions and note that your form may be returned if
incomplete.
For further support and guidance please see your respective Unit Tutor:
Before completing this form, we advise that you discuss your proposed research fully with your
unit tutor. Please complete this form in good time before your research project is due to
commence.
Section 1: Basic details:
Project title:
To analyses the importance of globalization and different strategies employed by businesses for entering into
emerging market. A case on TESCO
Student name:
Student ID number:
Programme:
College Name:
Intended research start date:
Intended research end date:
Section 2 Project summary
Please select all research methods that you plan to use as a part of your project:
 Interviews Yes No
 Questionnaires Yes No
 Observations Yes No
 Use of personal records Yes No
 Data Analysis Yes No
 Action Research Yes No
 Focus Groups Yes No
 Others (Please specify) :
Section 3: Participants
Please answer the following questions, giving full details where necessary.
Will your research involve human participants?
Who are the participants? Tick all that apply:
Ages 12-16: Young people aged: 17-18 Adults:
How will participants be recruited (identified an approached)?

Describe the processes you will use to inform participants about what you are doing:
How will you obtain consent from participants? Will this be written? How will it be made clear to participants
that they may withdraw consent to participate at any time?
Studies involving questionnaires: will participants be given the option of omitting questions that do not wish to
answer?
Yes No
If no please explain why below and ensure that you cover any ethical issues arising from this
Studies involving observation: Confirm whether participants will be asked for their informed consent to be
observed.
Yes No
Will you debrief participants at the end of their participation (i.e give them a brief explanation of the study)?
Yes No
Will participants be given information about the findings of your study?(This could be a brief summary of your
findings in general)
Yes No
Section 4: Data Storage and Security
Confirm that all personal data will be stored and processed in compliance with the Data Protection Act (1998)
Yes No
Who will have access to the data and personal information?
During the research:
Where will the data be stored?
Will mobile devices such as USB storage and laptops be used
Yes No
If Yes, please provide further details:
After the research:
Where will the data be stored?
How long will the data and records be kept for and in what format?
Will data be kept for use by other researchers? Yes No
Section 5 : Ethical Issues
Are there any particular features of your proposed work, which may raise ethical concerns? If so, please outline
how you will deal with these:
It is important that you demonstrate your awareness of potential risks that may arise because of your research.
Please consider/address all issues that may apply. Ethical concerns may include, but are not limited to the
following :
 Informed consent.
 Potentially vulnerable participants.

 Sensitive topics
 Risk to participants and /or researchers
 Confidentiality/anonymity
 Disclosures/ limits to confidentiality
 Data storage and security, both during and after the research (including transfer, sharing, encryption,
protection).
 Reporting
 Dissemination and use of your findings.
Section 6: Declaration
I have read, understood and will abide by the institution’s Research and Ethics Policy: Yes No
I have discussed the ethical issues relating to my research with my Unit Tutor:
Yes No
I confirm that to the best of my knowledge:
The above information is correct, and this is a full description of the ethical issues that may arise in the
course of my research
Name: Date:
Please submit your completed form to your supervisor and also attach to the Research Proposal when
submitting to Turnitin.
Limitations
While conducting this research I faced several issues and limitation which impact on the
outcome of the project such as time limitation, data can be biased, inappropriate respond from
participants, budget issues and many more. These limitation also impact on the working process
because due to hurdles me and my team members not able to conduct our task properly.
Conclusion
By analysing above mentioned topics it can be summarised that now for every
organisation globalisation is necessary because through it they able to gain various benefits such
as enhance in profitability, market shares, customers base and so on. Along with this it will also
provide several other benefits to a firm like it liberalize import and export, provide opportunities
to increase stakeholders, leads to cultural exchange etc. Through this an organisation also able to
enhance condition of their operations as well as functions which leads to effectively attainment
of goal. For this a firm may adopt numbers of methods like joint venture, partnership, licensing,
and franchises and so on. This will help a company in expanding their business operations in
growing country or location so that they can each high profitability and market shares.