The assignment provides a detailed analysis of the impact of globalization on Barclays Bank, including its effects on competition, customer base, and access to finance. It also examines the role of globalization in supporting financial growth and development, and discusses the strategies required for managing rivalry within a global market.
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TITLE To analyse theimpact of globalisation over the operations of multinational banks in the context of managing competition. A case study onBarclays Bank. Chapter 1: Introduction Overview of the Research Economic process has caused dramatic changes to organisational practices across the globe. Globalisation is refers as the widening or intensifying connection of political unit economic system to a global industry of products, services or specially funds or capital. Globalisation is the single most important development changing organisations dynamics in the present century (Abdallah and Ismail, 2017). A banking system is partially based on the control practices through the central bank and the trust which customers have that their funds and money will be secure or that when the individual wants to withdraw funds as their money will be safe and secure. Economic process is effectual for the trading operations of transnational banks in the circumstance of carry off rivalry within market. Barclay's bank is the selected company for execution of the investigation over the chosen area of issues as it is an effective and leading multinational brand which has its global operations. Banking is the most processing sector and performs vital function in processing the profitable condition of a state. This study incorporate the analysis about the effect of globalisation on the international banks in the circumstance of carry off rivalry. In this planned objectives and targets are developed to providing assistance to the whole exploration, writing review will be executed to providing conjectural support to the investigation work and research method is hard-hitting in rendering support by suitable selection of methodologies and information evaluation will be effectual in analysing the data through the support of conducting survey and at the end conclusion and recommendation will be created to providing a summaries description over the outcome. Background of the Research Globalisationisdefinedastheprocedureoftheincreaseofprofitable,social, governmental and appreciation dealings around global edge or it is primarily intention at the blending of socio-economy or political around boundaries (Bakan and Yildirimci,2015). Globalisation is awider aspectwhich providesbenefitsto the businesses in developing opportunities at market place. Barclay's bank is a British multinational investment bank or 1
commercial enterprise service firm. The firm is also conducted its business through four core enterprises like personal banking, corporate banking, wealth directions and investment carry off. The main office of the business is in London, United Kingdom. The Bank was established in the duration of 1690, the firm mainly deals in banking financial services (Perraton, 2015). Barclay's bank has the staff of around 79,900 who are tributary their momentous attempts in the maturation and process of an organisation.The company has providing wide range of banking facilities to the individuals, businesses in different size etc. The key focus of an organisation is to processing the transactions of business at world wide basis in order to achieving significant progression or success within commercial centre. Rational of the Research The inquiry in actual consideration is depend over influenceof globalization on the functions of transnational banks in the circumstance of carry off rivalry. This is effective area of academic investigation that is executed for addressing the chosen area of issue in effectual way, thus this study is efficacious in rendering befitting data and information in developing the proper understanding regarding the issue (Ben-Nasr, Boubaker and Rouatbi, 2015). The major purpose of executing the investigation report the individual involvement or interest area of investigation as the researcher wants to enhance their idea regarding the study. This exploration is also effective on providing a proper assistance to the individual, learner, students or researcher to heighten their accomplishment and cognition base for achieving potential edge. Research Aim To analyze the impact of globalization over the operations of multinational banks in the context of managing competition. A case study on Barclays Bank. Research Objectives ï‚·To understand the role of globalization in the context of business. ï‚·To identify the impact of globalization in UK banking industry. ï‚·To determine the influence of globalization on the operations of Barclay's Bank.ï‚·To access the ways through which Bracly's bank manage competition within global market. Research Questions ï‚·What is the role of globalization in business context? 2
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What is the impact of globalization in UK banking industry? Analyse the globalization influences on the operation of Barclays bank? What are the ways through which Barclay’s bank manage competition within global market? 3
Chapter 2: Literature Review Literature review section is the central prospect of exploration action as it is impelling in execution of in-depth study on the subject sphere of investigation. This area of exploration is important in processing a abstractive hypothesis by examining the perception and views of individuals. In this area of investigation information ismainly collected from secondary perspectives as in this discussion has been made over the previous collected information regarding a similar area of work and in this the key source of information accumulation are books, journals, published research articles etc. The role of globalization in the context of business. According to the views expressed by Brandon Levy, 2012, Economic process is refers as the procedure of processing connection among nations for the purpose of implementing easy mercantilism. Globalization is a broad region that gives opportunities to the business to attain maturation and occurrence through expansion of organisational transactions at global level. The prosperous business development is mainly attained because of the developed interconnection in between of nation normally result in an effective modular of their operations and improved the business processes. In the business situation, globalization has an imperative aspect which provide benefits to the progression of the organisation by providing them a wider area for expansion. The key role of globalization are associated as below: Business opportunities:This considered to be the key role performed through economic process in the circumstance of an organisation, thus globalisation is effective in provider opportunities for businesses through providing them a wider plat form to expand their operations at higher level. This may resulted in heighten the global brand picture of the firm (Ducassy and Montandrau, 2015). Wider market reach:This is also an another key role of globalization, thus it is effective in developing interconnection among people and business which could be beneficial for the firm in enhancing the market reach. A wide market reach is the beneficial aspect, thus organizations attained wide range of customers and this may effect in achievement of wider maturation and occurrence. The impact of globalization in UK banking industry. 4
According to the views of Brandon Levy, 2012, Economic process is fundamentally decided as the way toward creating interconnections inside nations as far as exchange and business. The financial business was in the eye of the ongoing worldwide money related issues, hereafter GFC, in which different districts and countries are seen as unforeseen or exceptional decreases in banks' increase. These kind of regress bank execution is regularly considered as the agents of bank disappointments and furthermore speaks to banking emergencies, alongside their ensuing unfavourable outcomes on the general economy (Michie, 2017). Globalization is a huge viewpoint which assumes diverse job in the development and accomplishment of worldwide bank for example Improving worldwide activities, Develop openings, Higher aggressive edge, differentiated market, higher remote salary and so forth. Financial industries are reasoned as the potential piece of money related business that has immense effect on the monetary state of a nation. Worldwide banks are the budgetary organizations that work at worldwide level and give successfulmoneyrelatedadministrationstothecustomersanddifferentorganizationsto actualize account as the key wellspring of business (Epstein, 2018). Economic process perfumes important role in creating up the actions of worldwide banks in upgrade of their tasks in appropriate way. Globalization likewise assumes compelling job in creating open doors for worldwide banks in achieving higher achievement and productivity through leading tasks at more extensive scale. The influence of globalization on the operations of Barclay's Bank. As per the opinion expressed by Asli Demisguc-kunt, 2017, Globalisation is a wide prospect that gives a broad opportunity to each segment of business to achieve significant maturation or progression in between of the global market. From the worldwide financial crisis of2007,worldwidefinancehaspullinhighinterestbyresearcher,policymakers,or stakeholders from the commercial enterprise area. Banking is the almost processing business that has wide impact over the economical status of a region or state, thus economic process has affirmative effect on the banking industry through providing a wider area to expansion of business and attain higher growth. Globalisation assist an industry towards taking effective steps to expansing their operations and providing benefits to the customers. The banking sector, refers as the heart of the global financial conflicts, further more GFC, in multiple nations or regions are perceiver as unexpected or unprecedented declines in the gains of banks (French, 2015). This kind of non effective banking performance are seems as the representative of bank failures. 5
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Along with this, it also shows the banking crises and has a bad impression on the financial position of a region.Multinational banks are the commercial enterprise association that ever operates at wider basis and give effectual monetary employment to the customers, guest and other enterprise to employ finance as the key aspect for execution of an organisational operations. Economic process performs significant function in processing the transaction of international banks in improvement of their trading functions in wide and effectual way. The ways through which Barclay’s bank manage competition within global market As per the thought expressed by John Varley, 2019,Previously, the administration of Barclay's Bank resolute to put their focus over the treadle of execution. There were two key explanation for which the growth of Barclay has been taken place, The possibility to develop quickerdevelopmentinshareownerworthoritalsoplaysavitalroleindeveloping organizational capabilities within the global market so that, in the terms of taking financial benefits people are concern over the facilities offered by Barclay's thus, customers would like to weighing of Barclays at the very beginning as it has famous for its good and effective facilities that are being provided through the firm to their clients. Globalization isa key term which is appliedbybusinesstoattaingrowthathigherlevel(Galbreath,2017).Barclay'sisa multinational bank which is widely focuses on enlargement of their organization at wider scale for the intention of achieving progression and development. There are assorted ways which are opt by Barclay's Bank, in managing competition within market in which some are associated as below: Setting up Vision: This consist to be the key influence of globalisation over the performance of an organisation. Barclays has been an effective force in the operations of international banking or Barclays is also recognised as a iconic brand which is famous for the effective services and high brand image. Globalisation assist the firm in increasing the growth through processing the dealings of business at global level. Adoption of universal banking model:Barclays mostly serves their clients who are having the range from individuals contract holders in Manchester, England, to firm dealing with their dangers through methods for hard subordinates in various assessment locales over the globe (Ogwezzy, 2015). Dynamically, by the by, customers can't be served in storehouses; for example, our home loan undertaking in Spain is encouraged through the business capacity, by Barclays Capital, to secularize that hazard to speculators. So business look for chances to sell 6
and convey their authoritative administrations around interior limits. An individual advance cooperative energies both inside two primary perspectives for example worldwide retail and business banking or venture banking and speculation the executives or among the business tasks. 7
Chapter 3: Research Methodology This is alludes as the key aspect of an examination work in this manner it is compelling in giving a huge bearing to the tesearcher to choose the appropriate sources that supports the work in powerful way (Geppert, Matten and Williams, 2016). This area depends on the mix of different applications that help the agent to execute the first examination exercises reasonable way. The appropriate wellspring of philosophies are portrayed as underneath: Type of Investigation:This is the significant thought of the analyst is to choose the most reasonable sort for complete the work in right way. The sort is research is arranged among qualitative or quantitative research type. The determination of the investigation type depends on the information aggregated by the researcher (Hopper, Lassou and Soobaroyen, 2017). In the existing exploration area both qualitative and quantitative instrument will be successful for illustration substantial and dependable result. In this strategy both hypothetical and numerical informations are assembled to tending to the issue in successful manner. Research Philosophy:Investigation philosophy is another central area of the research actions, thus it is hard-hitting in explanation a suited assistance to the research to transferral out the action in proper manner. This part is encompasses on two key types one in interpretivism and positivephilosophy,thusIntheexistinginvestigationscenariointerpretivismresearch philosophy is taken into actual human action through the researcher as it is the about effectual tool for accumulation of qualitative and quantitative substance through applying the views and sentiment of communicator and writers, thus it is efficacious in rendering realistic information that supports the work in reaching at the final outcome (Jha and Varkkey, 2017). Research Approach:Research approach is recognised to be the key tool which aid the work in correct manner by rendering data through analysis of actual situation and applying theories or hypothesis.This part is classified in between of inductive and deductive investigation approach (Graham, Leary and Roberts, 2015). In the present area of research inductive approach has been condemned into actual action through the researcher as it is suitable for combined type of methodology, thus this is suitable in providing accurate information through using appropriate technique and hypothesis that aid the exploration in suitable manner. Data Collection tools:The central considered area of an investigator is to choose the almost appropriate source for aggregation of valid and tested data. Data collection is based on two leading sources i.e. primary and secondary source of data aggregation, the mentioned 2 are 8
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effectual in collection of accurate content that are based on qualitative and quantitative aspects. Primary information is suitable in providing new data through the perspective analysis of people as in this data has been accumulated from survey, observation, interview, questionnaire etc. on the different extremity secondary tools are appropriate in processing a theoretical model which assist the activity in key direction as in this information is being accumulatedby secondary origin like books, journals, published research articles and many others. In the existing area of exploration both primary and secondary tools are used through the investigators, thus these are effectual in creating actual outcome. Primary tools are efficacious in executing survey by processing a questionnaire thusthis is effectual in gathering fact-full data by the opinion analysis of people (KiM and Caporaso, 2016). Furthermore secondary sources are efficacious in processing an trenchant section of literature view in which in-depth information has been provided respect the chosen evaluation of investigation as in this data is accumulated via abstract thought of the sentiment of assorted authors and writers. Data Sampling:Information Sampling is a factual assessment evaluation that is connected to choose, control or examine a delegate subset of data. Sampling is principally happens from the first populace, in this way in this individuals are chosen from the wide population (Hanefeld, 2015).This segment depends on probabilistic and non-probabilistic selectiontools. In this present territory of explorationdata is assembled by random sampling tools from the non- probabilistic testing, this is the most important and appropriate instrument, since this will help in giving equivalent opportunity to each respondent for being chosen in test. In this example size of 40 will be reasonable in amassing of pertinent data. Ethical Consideration:The major recognition of the research worker is to precede investigation ethics at the time of execution of an inquiry work. investigator has faces assorted problems and issues at the time of executing an investigation. The key obligation of the investigator is to assure their responsive in regards to maintaining confidentiality of their personal information, thus the researcher should also not ask the questions that hampers the emotions and sentiments of people (Homann, 2016). Another major consideration is the time factor, thus researcher also faces the issue of time as the given time for this particular research is less and it is not possible for the investigator to attempt all the actions in correct way. So for overcoming the issue researcher has prepare a suitable time scale in that each activities are mentioned in decent way. 9
Chapter 4: Data Analysis and Interpretation Questionnaire Q1) Are you having proper consideration over the concept of Globalisation in terms of multi-national corporation? Frequency Yes36 No4 Q2) As per your perception, globalisation is efficacious for the development of multinational banks ? Frequency Yes38 No2 Q3) Are you agree with this statement that behind the success of Barclay's Bank, globalisation has the major role? Frequency Agree37 Disagree3 Q4) What isthe major role of globalization in the context of banking business?Frequency Managing competition20 Increases in customer base7 More access to finance7 Improvement in services6 Q5) What operations of Bank get influences with the global practices?Frequency Customer support services10 Operational Management8 Financial Management12 Customer relation management10 Q6) Which kind of influence, globalization does have over the UK bankingFrequency 10
Industry? Positive36 Negative2 Neutral2 Q7)Inwhatmannerdoesglobalizationsupportinfinancialgrowthand development of Barclays's Bank ? Frequency Access to larger market10 More investment options15 Wider market reach15 Q8) Which assortments are requires to be considered by Barclay's Bank for managing rivalry within world wide market? Frequency Market Research15 Implementation of effective marketing strategies10 Understanding regarding legislation15 Q9)AccordingtoyouglobalizationisappropriateforBarclays'sbankto managing competition within global market? Frequency Yes38 No2 Q10)WhatarethebasicneedsthatfosterBarclay'sBanktoapproach international market? Frequency Access to advancement11 More growth Opportunities15 Competition within market14 Q11) Recommend ways that are effective for Barclays's bank in achieving growth through managing competition. 11
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Theme 1) People are having proper consideration over the concept of Globalisation in terms of multi-national corporation. Q1) Are you having proper consideration over the concept of Globalisation in terms of multi-national corporation? Frequency Yes36 No4 Interpretation: According to the statement of the preceding mentioned project it can be evaluated that 36 out of 40 responsive are cognisant in regards to the construct of economic process in the context of multi-national bank, thus people are having suitable idea regarding chosen area. Remaining 4 individuals are not alert in regards to the same as they are not having appropriate interest related with the construct of economic process in the terms of banking industry. 13 36 4 Yes No
Theme 2) Globalisation is effective for growth and development of multinational banks . Q2) Do you think that globalisation is effective for growth and development of multinational banks ? Frequency Yes38 No2 Interpretation: As per the depiction of the previously mentioned discourse it can be distinguished that 38 out of 40 individuals are in support with this explanation that globalization is powerful for development and advancement of worldwide banks. Remaining people are not aware with the aspect that globalization isn't much compelling for the development and advancement of worldwide banks. 14 38 2 Yes No
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Theme 3) People are agree with this statement that behind the success of Barclay's Bank, globalisation has the major role. Q3) Are you agree with this statement that behind the success of Barclay's Bank, globalisation has the major role? Frequency Agree37 Disagree3 Interpretation: As indicated by the inside and out examination of the task it has been resolved that 37 out of 40 people are concur through this statement that economic process has assumes crucial job in the development and achievement of Barclays' Bank, along these lines globalization is viable in giving chancesto the businessto growactivitiesat more extensive level. Remaining 3 individuals are can't help contradicting equivalent to per their conclusion globalization does not have any commitment in the achievement of Barclay's Bank. 15 37 3 Agree Disagree
Theme 4) There are multiplerole of globalization in the context of banking business. Q4) What isthe major role of globalization in the context of banking business?Frequency Managing competition20 Increases in customer base7 More access to finance7 Improvement in services6 Interpretation: From the analysis of the project it can be evaluated that here are multiple roles that are performed by globalization in the case of banking sphere. 20 out of 40 people are in favor of managing competition, 7 are go with increases in customer base, 7 are select the option of more access to finance or leftover are in favor of improvement in services. 16 20 7 7 6 Managing competition Increases in customer base More access to finance Improvement in services
Theme 5) Different operations of Bank get influences with the global practices. Q5) What operations of Bank get influences with the global practices?Frequency Customer support services10 Operational Management8 Financial Management12 Customer relation management10 Interpretation: In the detailed evaluation of the research project it can be analysed that there are multiple operations of Bank that are influenced with the global practices. 10 out of 40 respondents are in favor of Customer support services, 8 are go with the option of Operational Management, 12 are go with financial management and leftover are in approval of Customer relation management. 17 10 812 10 Customer support services Operational Management Financial Management Customer relation management
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Theme 6) Globalization mainly does have positive impact over the UK banking Industry. Q6) Which kind of influence, globalization does have over the UK banking Industry? Frequency Positive36 Negative2 Neutral2 Interpretation: According to the detailed evaluation regarding the subject area it can be determined that 36 out of 40 individual said thatGlobalization mainly does have affirmative influence on the UK banking Industry. as per their opinion growth is based on global business operations. 2 people are not in favor with the same as per their viewGlobalization does not have positive impact over the UK banking Industry. Leftover individuals are neutral about the same as they are not giving any description regarding the selected theme. 18 36 2 2 Positive Negative Neutral
Theme 7) In different manner globalization support in financial growth and development of Barclays's Bank . Q7)Inwhatmannerdoesglobalizationsupportinfinancialgrowthand development of Barclays's Bank ? Frequency Access to larger market10 More investment options15 Wider market reach15 Interpretation: The elaborated investigation of the project it has been described that in assorted manner globalization support in financial growth and development of Barclays's Bank. 10 out of 40 people are go with the option of access to larger market, 15 are go with more investment options, 15 are in favor of wider market reach. 19 10 15 15 Access to larger market More investment options Wider market reach
Theme 8) There are differentassortments that are requires to be considered by Barclay's Bank for managing rivalry within world wide market Q8) Which assortments are requires to be considered by Barclay's Bank for managing rivalry within world wide market? Frequency Market Research15 Implementation of effective marketing strategies10 Understanding regarding legislation15 Interpretation: From the assessment on the examination subject it has been translated that there are numerous courses through which Barclay's bank oversee rivalry inside worldwide market. 15 out of 40 individuals are go with statistical surveying, 10 are supportive of usage of compelling advertising methodologies, 15 are go with comprehension in regards to enactment. 20 15 10 15 Market Research Implementation of effective marketing strategies Understanding regarding legislation
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Theme 9) Globalization is appropriate for Barclays's bank to managing competition within global market. Q9)AccordingtoyouglobalizationisappropriateforBarclays'sbankto managing competition within global market? Frequency Yes38 No2 Interpretation: As indicated by the in depth examination of the undertaking it tends to be discovered that 38 out of 40 people are in assistance with this investigation that economic processes is proper for Barclays' bank to overseeing rivalry inside worldwide market. Remaining people are not in aid with cognition to per their supposition globalization isn't much proper for Barclays' bank to overseeing rivalry inside worldwide market. 21 38 2 Yes No
Theme 10) The basic needs that foster Barclay's Bank to approach international market. Q10)WhatarethebasicneedsthatfosterBarclay'sBanktoapproach international market? Frequency Access to advancement11 More growth Opportunities15 Competition within market14 Interpretation: From the point by point investigation of the venture it has been addressed that there are various needs that encourage Barclay's Bank to approach global market. 11 out of 40 individuals are go with evaluate to progression, 15 individuals are supportive of more development openings and remaining are agreeable to rivalry inside commercial centre. Communication to Stakeholders `The investigation into consideration states the influence of economic process on the transaction of international banks in the context of managing rivalry. Barclay's bank is the leading andhighly effective multinational bank that has its worldwide enterprise functions. The 22 11 15 14 Access to advancement More growth Opportunities Competition within market
central motive of the business is to accomplishing significant competitivenessor maturation by managing competition within commercial center. Stakeholders are recognized as the key aspect of an exploration activities or a business. Stakeholders are refers as the group of people who related from a chosen area. The primary work a researcher could have done is, representing the outcome to stakeholders as to analyzing the result of the work. The stakeholders of the exploration are the individual who are involved in the work or having proper idea regarding the chosen are of work.The stakeholder for research work are the selected respondents and scholars. The leading stakeholders of Barclay'sare system authorities, buyers, suppliers, investment assemblage, proprietor and many others. of an organization. 23
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Chapter 5: Research Outcomes Covered in PPT Chapter6:Reflection&RecommendationforAlternativeResearch Methodology The considered undertaking depends on the investigation of the effect of globalization over the activities of worldwide bank with regards to managing rivalry. The general investigation expressestheimpactofglobalizationandhowitissuccessfulforthedevelopmentof multinational banks as far as overseeing rivalry. From the general examination of the project it has been prescribed that, Barclay's bank has wide market reach and friends ought to consider on clients decision and request in regard to fulfilling the inclination of individuals inside the business focus. The Bank ought to likewise execute a decent system in regard to giving high challenge to its adversaries and accomplish higher development than their rivals. The bank should likewise execute viable strategies that causes them in extension of business at worldwide level. Barclay's ought to likewise make changes in their arrangements and tasks in regard to successful execution of hierarchical operations. Research is a wide aspect which is conducted for addressing an issue in effective manner, whichassistanindividualtowardsrightdirectiontoachievetheirpersonalaswellas professional goals. At the time of execution of this particular project I have been experienced lots of things in both positive and negative manner, but these are effective for me in working as the aspect of learning. The positive benefit is that I have attained a wide area of of knowledge regarding research activities that assist me in attempting my future undertakings in effective way and the negative aspect is that it is quite time consuming in nature which has affects my professional scale. The selected investigation is supported over the impinging of globalisation on the functions of international bank in the terms of assisting rivalry. This is a broad sphere of an exploration activity that assist me in right manner and providing suitable information respect to the element of an investigation. By the detailed evaluation of the exploration I have been attained the knowledge regarding the use of methodologies, thus in this multiple tools and techniques are applied for the reason of drafting actual and fact full results. I have seen that in this qualitative and quantitative both the tools are used to transfer the activity in suitable way. I have considering the suitable execution of methodology which helps me in understanding the reason behind 24
choosing the specific tool. In this inductive approach is being used to rendering assistance through suitable theories and hypothesis. Furthermore, in the present area of research area both primary or secondary sources are executed for reaching at the potential outcome. The different think done by me is that I have gathering information from multiple sources and compare it with another source to get suitable content. I have prepare a decent time scale in that actions are mentionedasperitsprioritywhichprobablyassistmetowardssuitableexecutionof investigation activities. Primary source are hard-hitting in execution of survey with the use of questionnaire and secondary sources like books, journals, published research artefact etc. are effectual in processing literature review and other theoretical aspects. Alternative Tool The Investigation is based on the study ofthe impact of globalisation over the operations of multinational banks in the context of managing competition. Thus the study scope is wide as it helps in developing the idea and knowledge base which could be resulted in attainment of significant detailed in regards to the aspect of managing competition within market and attain higher competitive edge. In the present study area, primary research playsvital role in accumulation of information which are accurate and fact-full in nature.For the purpose of accumulation of primary information, there are multiple sources like observation, survey, questionnaire, interview, focus group etc. These all the effective in providing liable information that are effective in reaching at the potential outcome.In this existing work questionnaire is the most suited tool as in this large range of information can be accumulated in less time duration. And there is also no need for researcher to provide their personal presence.In this the researcher has chose questionnaire because it is most appropriate source of gathering wide range of data and in the research related to the area of globalisation as questionnaire is viable in gathering wide range of data from population. The major reason of selecting the tool questionnaire is that it is less time consuming and effective too in gathering information with original facts and figures. In the similar investigation, interview can also be use at the place of questionnaire as this is also effective for gathering primary information, but it is quite time consuming in nature and not able to gather information from the large population.Therefore, researcher is not looking for interview because it is taking tool much of time and not even appropriate in gathering wide range of data. In this, a personal sessions is being conducted to gather information and here, oneby one questions are asked by the researcher to the interviewee. 25
Conclusion As per the evaluation of the previously mentioned task it has been analysed that economic process is a wide perspective which assumes a positive job being developed of business activities at more extensive level, through overseeing rivalry. Banking is the most creating segment which has an immense effect over the financial state of a nation, along these lines the key thought process of banking industry is to achieving higher development and achievement by means of catching a wide zone of market. In the present current market condition, rivalry is so high and hierarchical are generally worry over development of their enterprise at world wide basis to achieve significant development and accomplishment at commercial centre. 26
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Appendix Questionnaire Name: Age: Gender: Email: Q1) Are you having proper consideration over the concept of Globalisation in terms of multi- national corporation? Yes No Q2) As per your perception, globalisation is efficacious for the development of multinational banks ? Yes No Q3) Are you agree with this statement that behind the success of Barclay's Bank, globalisation has the major role? Agree Disagree Q4) What isthe major role of globalization in the context of banking business? Managing competition Increases in customer base More access to finance Improvement in services Q5) What operations of Bank get influences with the global practices? Customer support services Operational Management Financial Management Customer relation management Q6) Which kind of influence, globalization does have over the UK banking Industry? 29