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How globalisation can drive business success? A study on Tesco

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Added on  2021-02-19

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| |Section One: Title, objective, responsibilities | | |Title or working title of the research project (in the form of a | | |question, objective or hypothesis) | | |To invetigate role played by globlisation in achieving higher profits. | | |Section Two: Reasons for choosing this research project | | |Reasons for choosing the project (e.g links to other subjects you are| | |studying, personal interest, future plans

How globalisation can drive business success? A study on Tesco

   Added on 2021-02-19

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Research Project
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How globalisation can drive business success? A study on Tesco_1
Research Proposal Form
Tutor: ________________ Date: 02/10/2019
Unit: 11
Proposed Title: How globalisation can drive business success? A study on Tesco.
Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of a question, objective or
hypothesis)
To invetigate role played by globlisation in achieving higher profits. A study on Tesco.
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 find out?):
To develop basic understanding regarding the concept of globalisation.
To evaluate the challenges faced by Tesco while performing their business on a global
level.
Determine how globalisation help business organisation to attain higher profits.
Research questions
What is the concept of globalisation?
What are the challenges faced by company while performing their business on a global
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How globalisation can drive business success? A study on Tesco_2
level?
How globalisation help business organisation to attain higher profits?
Section Two: Reasons for choosing this research project
Reasons for choosing the project (e.g links to other subjects you are studying, personal
interest, future plans, knowledge/skills you want to improve, why the topic is
important):
As this project is helpful in providing in-depth information and knowledge about the topic of
research. With the help of this, investigator will easily improve their skills. In this context, the
main purpose of researcher for carry out this study is to gather proper knowledge and
experience towards the specified topic that help them in attaining success in their future
aspect. This research is more essential and significant for researcher by boosting their
literature review skill, data analysis quality and data interpretation knowledge. As it will
further support them to conduct research and gain better results within given time period.
Along with this, Tesco is a chosen multinational organisation and belongs with retail industry
that helps society or citizen by giving them best job opportunities. It will also boost my career
by providing accurate knowledge regarding the role of globalisation in business success and
growth.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
Concept of globalisation
According to Beck, (2018), globalisation is a term that used to determining increasing
political interaction, social, economic across the cultural boundaries. In terms of economy, it
also define interdependence of countries in over the world by free trade. One of the main
advantages of globalisation for business organisation is, it increase innovation that help
employees in performing task activities in appropriate way It also includes capital expansion
that consist all the places of nation in over the world into one global economic system.
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How globalisation can drive business success? A study on Tesco_3
Basically, it is spread or integration of ideas, behaviours, values and way of life that support
in developing the economic condition. This is the reason that, globalisation concept provide
path to commercial activities to attain growth and success at global level.
Challenges faced by company while performing their business on a global level
According to Noyelle, (2019), Globalisation is one of the wider concept for every
business organisation whose wants to expand their operations at international level. This is the
reason that, when a company globalise their business then they also face various challenges as
it is not so much easy for business to expand at global level. Thus, it is crucial for business
organization to analyse market trends and political structure before expanding their activities
at global level in order to accomplish their competitive edge. In this context, there are some
challenges faced by company while operating globally:
Cultural differences
Political risks
Competition in market
Currently, there has sufficient theories and concept about the concept of globalisation but at
the same time less information about how it drive organisation success. This is the reason that
researcher carry out the literature review that provide in-depth information about the
globalisation and its influence towards the company and its growth level. This will help in
improving the knowledge of researcher about the concept of globalisation and its role for
business in attaining higher profits at market place.
Section Four: Activities and timescales
Activities to be carried out during the research project (e.g research,
development and analysis of ideas, writing, data collection, numerical
analysis, tutor meetings, production of final outcome, evaluation, writing
the report):
How long this
will take:
4
How globalisation can drive business success? A study on Tesco_4

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