The Impact of Globalisation on Business
13 Pages2659 Words132 Views
Added on 2020-12-09
The Impact of Globalisation on Business
Added on 2020-12-09
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RESEARCH PROJECT(PROPOSAL & ETHICAL FORM)
Research Proposal FormUnit: ____________________Proposed Title: To Investigate the impact of globalisation withregard to businesses expansion and how it drives business success- Acase study on Aldi. _____________________________________________Section One: Title, objective, responsibilitiesTitle or working title of the research project (in the form of aquestion, objective or hypothesis)TOPIC- To Investigate the impact of globalisation with regard tobusinesses expansion and how it drives business success- A casestudy on Aldi. 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?):Aim-The aim of present report is “To investigate the impact of globalisation over businesses andhow it drives business success in context of Aldi."Objectives- To articulate the concept of Globalisation. To identify the beneficial aspect of globalisation driving the business success. To analyse the impact of globalisation over business expansion. To explore the challenges of globalisation towards global business environment. To provide suggestive measures that can mitigate the challengesarising through globalisation driving bushiness success.
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):The present report is based on to determine the impact ofglobalisation in order to drive business successfully that havebeen influencing the working of the enterprise at the greaterextent. Thus, researcher has ample of interest in order to definethe affect of globalisation towards the global businessenvironment. Therefore, it will help to researchers with regard toget the depth insights about the topic of research. Section Three: Literature sources searchedUse of key literature sources to support your research question,objective or hypothesis: The global factors affect the working of enterprise with legal, political, social, technologicaland economical advancement. As per the view of Kumar, (2019) stated that globalisation isprocess that termed out as process and integration among people, companies and government
at the worldwide level (Taylor, Bogdan and DeVault, 2015). It is very helpful in order to haveenhancement in international trade, culture and its ideas. According to the view of McCann,(2016) stated that globalisation can be defined as free movement of goods and services acrossthe international boundaries. It aids to bring international development with help ofenhancement in economic growth of country. In contrary to Pavlínek, (2015) stated that Globalisation has become boon to business,consumers and economy of the world. This is term that aids to enhance internation tradeacross the national boundaries. Thus, the concept of globalisation articulate as a process ofhaving growth in inter dependencies between the national market and industries at worldwidescale. According to the view of Pyke and Lund-Thomsen, (2016) stated that globalisationleads to have enhancement in competition and it can relate with commodities and services,cost and price, adaption of technical advancement, target market, quick response andproduction by entities etc. With aid of it, consumers within the market can have largemultitude of choices in market. In order to process the globalisation, the firm has to have theuse of technological tool that aids to enhance competition within firm and also helps toimprovise the quality of good and services. As per the view of Quinlan and et.al., (2019) itcan be stated that the process of globalisation can be useful to have enhancement in speed oftechnology transfer and improvement in production process. In contrary to Silverman, (2016)stated that the glocalisation is one of the economical tidal that allows to sweeping over theworld. As per the view of Pyke and Lund-Thomsen, (2016) stated thatglobalisation is leading concepts that aids to have growth in businessfunctions. The process of globalisation has led to both positive andnegative impact over the working of enterprise. In order to get thesuccess in modern market, it is essential to have the criticalunderstanding about the changes in global business environment and italso aids to encourage the producers and consumer to have deeperdivision of labour and economies of scale. In addition to it, Quinlan andet.al., (2019) stated that competitive pressure of globalisation can prompttowards the improved government and aids to have better labourprotection.
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