Impact of Globalization on Business Operations

The provided document is an academic assignment that delves into the effects of globalization on business operations. It covers various aspects of research methodology, including data collection, analysis, and application to real-world scenarios. The assignment discusses how globalization influences profitability through the introduction of advanced technology and emphasizes the importance of effective communication in managing creativity within a business setting. It also touches upon the impact of globalization on creative industries and innovation in hospitality businesses.

Managing a Successful
Business Project

Title: Impact of globalisation on sales : Case study on IKEA
LO 1
P1 Aim and objectives for chosen topic
Background of the research
Globalisation considers important role in order to enhance profitability and effectiveness
in several areas of the world. At new place of the world, it consists access to larger market so
that firms able to gain experience as higher demand for their products that create several benefits
from economies of scale. It can be successfully lead to reduction in average production cost. This
is because cost reduction and increasing in revenue assists to generate more profitability in
Europe. Furthermore, increasing profits for shareholders also develop online business
development in positive consideration (Mitkus and Nedzinskaitė-Mitkė, 2016).
Rationale of the research
In the consideration of globalisation, it can be stated that there are several benefits can be
implement into particular nation with development of investment, etc. It considers free
movement of products and services can be successfully develop with integrated services. In the
present study, effectiveness of globalisation ascertained that assists to focus on increasing sales.
Global economy and concomitant that increase in trade between nations. Globalisation affect to
the Europe in positive context to gain more profitability and effectiveness to attain overall goals
and objectives (Zaitseva, Larionova and Dmitrieva, 2016). With the help of effective
globalisation, world economy successfully develop that negative influences.
Aim and objectives
Aim: To analysis impact of globalisation on sales of the organisation in Europe – A Case Study
on IKEA.
Objectives
 To understand the concept of globalisation in the business.
 To identify factors included in globalisation to increase sales of IKEA.
 To assess significant advantages to implement globalisation in online selling of furniture
in IKEA. To recommend ways through globalisation activities can be expanded in the UK for
increase sales.
1

Research questions
 What do you understand the concept of globalisation in the business?
 What are the factors included in globalisation to increase sales of IKEA?
 What are the significant advantages to implement globalisation in online selling of
furniture in IKEA?
P2 Project management plan
Project management plan consist most important part to develop significant results to
conduct appropriate research. With this regard, overall plan include executed, monitoring and
controlling of several activities with detailed information of resources. It includes following
elements to consider appropriate plan:
Cost: In order to conduct research, cost is one of the important element that assists to
develop management plan (Baylis, Smith and Owens, 2017). In this context, each and every
activity need to perform with £650 which can be distributed to increase sales with globalisation
implementation.
Scope: It is broad consideration in which globalisation will be implemented to improve
knowledge of researcher to increase their performances. Hence, efficiency of IKEA also develop
for online selling to consider effective results at workplace. The chosen business deals at large
scale for development of program that get effective knowledge to work in desired manner.
Risk: It is also important consideration to implement successful project and determined
risk to evaluate plan. With this regard, time and money are major elements of risk that can be
reduced effectiveness to develop positive results and outcomes (Keller and Olney, 2017).
Quality: Quality is also important characteristic that assists to focus on project
management plan. Therefore, errors and mistakes also identify in plan for implementation of
globalisation at workplace. It helps to increase sales to ascertained significant programme as
well.
Communication: Communication is also essence source that assists to develop positive
results with different channels of communication. Hence, IKEA will able to communicate
several benefits that will assists to implement successful plan and provide different program at
workplace (Feenstra and Weinstein, 2017).
Resources: In the research, there are different resources will be successfully build to
focus on the business management. This is because, it contains technical, financial and human
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resources that assists to accomplish goals and targets and positive consideration (Mackey and
Gass, 2015).
P3 WBS and Gantt chart with provide time-frame stages
Illustration 1: Work Break Down Structure
Task Name Duration Start Finish Predecessors
Design 1 day Fri 11/30/18 Fri 11/30/18
Development of Project
with initial document 5 days Mon 12/3/18 Fri 12/7/18 1
Identify resources of
project 5 days Mon 12/10/18 Fri 12/14/18 2
Formulation of aim and
objectives 3 days Mon 12/17/18 Wed 12/19/18 2,3
Setting deadlines for each 1 day Thu 12/20/18 Thu 12/20/18 4
3

activity
Gathering Team 8 days Fri 12/21/18 Tue 1/1/19 5
Develop 1 day Wed 1/2/19 Wed 1/2/19 6
Conducting meeting 5 days Thu 1/3/19 Wed 1/9/19 5,7
Scope of project 2 days Thu 1/10/19 Fri 1/11/19 8
Collection of data 5 days Mon 1/14/19 Fri 1/18/19 9
WBS structuring 5 days Mon 1/21/19 Fri 1/25/19 10
Planning of budget 4 days Mon 1/28/19 Thu 1/31/19 11
Implement 1 day Fri 2/1/19 Fri 2/1/19 12
Assuring quality 9 days Mon 2/4/19 Thu 2/14/19 13
Training of team 3 days Fri 2/15/19 Tue 2/19/19 14
Evaluate 1 day Wed 2/20/19 Wed 2/20/19 15
Implementation of
globalisation 8 days Thu 2/21/19 Mon 3/4/19 16
Monitoring and control of
project 5 days Tue 3/5/19 Mon 3/11/19 17
Checking of respondents
views 6 days Tue 3/12/19 Tue 3/19/19 18
Closure 1 day Wed 3/20/19 Wed 3/20/19 19
Evaluation of project 5 days Thu 3/21/19 Wed 3/27/19 20
Areas of modification 5 days Thu 3/28/19 Wed 4/3/19 21
4

LO 2
P4 Research methodology to apply qualitative and quantitative strategies
In order to conduct research, there are different tools and techniques need to implement
to accomplish desired level of results. They are as follows:
5

 Research philosophy: Research philosophy can be consider in two perspective such as
interpretivism and positivism. In this context, present study based on interpretivism
research philosophy that assists to make appropriate solution for a problem. It helps to
transforming things that interpret results in positive consideration (Taylor, Bogdan and
DeVault, 2015). Research design: There are different kinds of research design consider that assists to
focus on ascertained desired level of results. In this context, descriptive, correlation,
experimental, etc. kinds of research design has been ascertained that helps to find
significant outcomes at workplace. In the present research, descriptive research design
has been implemented to focus on the relevant information and find positive results
(Bresler and Stake, 2017). Research strategy: Different kinds of research strategies such as qualitative and
quantitative. In this regard, in the present research qualitative research strategy has been
selected that assists to find relevant and qualitative information that is useful for present
study (Dang and Pheng, 2015). Research approach: There are different types of research approaches has been
undertaken that assists to accomplish goals and objectives at workplace of research. With
this regard, deductive approach has been chosen that assists to test and aimed theory. As
a result, it is useful approach that can be used to focus on gaining effective results. Data collection: In the research, there are two types of data required to gather such as
primary and secondary. Both data are useful to conduct research and gain relevant
information for the research. In this regard, researcher focuses on primary data through
conducting survey. On the other hand, secondary data collected from different authors of
views such as literature review, previous research, online article, etc. (Dumay and Cai,
2015). Data analysis: In order to consider data analysis, it can be stated that thematic analysis
strategy has been selected that assists to accomplish goals and objectives in appropriate
manner. Different themes on the basis of questionnaire has been prepared which would
be beneficial to accomplish targets and positive outcomes (Lushey and Munro, 2015).
 Sampling: There are two types of research sampling that assists to accomplish desired
results at workplace. With this consideration, probabilistic and non-probabilistic method
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has been chosen from which researcher select non-random sampling method in which 20
sample size has been selected from employees of IKEA.
LO 3
P5 Research and data using appropriate tools and techniques
Questionnaire
Name:
Age:
Gender:
1. Does globalisation create impact on sales of IKEA in positive manner?
 Yes
 No
 Cannot say
2. How to globalisation create positive impact on sales of the chosen business?
 Increase more productivity and profitability
 Enhance customer base
 Development of the organisation
 All the above
3. How IKEA can implement globalisation activities in their business?
 With online promotion
 Implement new website
 Customer attraction with creativity and innovative products and services
 All the above
4. How are you satisfied with implementation of globalisation at workplace of IKEA?
 Highly satisfied
 Satisfied
 Neutral
 Dissatisfied
 Highly satisfied
5. Does globalisation implemented several advantages with developing business results?
 Yes
7

 No
 Cannot say
6. What are the functions of globalisation to develop online performances and outcomes of
IKEA?
 Political
 Economical
 Legal
 Social
 Environmental
 Technological
7. How to implement positive functioning in business to consider globalisation activities at
workplace of IKEA?
 With the help of new tools and techniques
 With more customer attraction
 With providing employee training and development program
8. Does globalisation is also beneficial for economic growth of the country
 Yes
 No
 Cannot say
Theme 1 Globalisation create impact on sales of IKEA in positive consideration
1. Does globalisation create impact on sales
of IKEA in positive manner?
Frequency
Yes 16
No 2
Cannot say 2
8

Interpretation: In the following graph, 16 respondents have views that globalisation create
positive impact on sales of IKEA company. With this consideration, there are 2 respondents have
views that globalisation not consider positive impact with implementation of creative and
effective online activities that helps to attain more desired level of results. Remaining 2
employees of the chosen business stated that it cannot be stated that globalisation create impact
or not on IKEA performances. Positive outcome results and growth.
Theme 2 All the elements create positive impact on sales of the chosen business
2. How to globalisation create positive
impact on sales of the chosen business?
Frequency
Increase more productivity and profitability 1
Enhance customer base 1
Development of the organisation 1
All the above 17
9
16
22
Yes
No
Cannot say

Interpretation: In the above graph, 17 respondents have views that globalisation create positive
impact on the results of the organisation. With this regard, productivity and profitability can be
successfully increases more development of the business. As a result, it helps to focus on the
desired level of results at workplace. There is one person who said that it assists to increase
customer base within the organisation to promote more effectiveness at workplace of IKEA. On
the other hand, one person has view that development of the organisation is also based on
globalisation that assists to accomplish more effectiveness at workplace.
Theme 3 All the above elements helps to implement globalisation activities at workplace of
the organisation
3. How IKEA can implement globalisation
activities in their business?
Frequency
With online promotion 1
Implement new website 1
Customer attraction with creativity and
innovative products and services
2
All the above 16
10
11
1
17
Increase more
productivity and
profitability
Enhance customer base
Development of the
organisation
All the above

Interpretation: On the basis of 16 respondents views, IKEA can use different perspective to
consider innovative results at workplace. In this regard, they need to concentrate on customer
attraction, online promotion, implementation of the website, etc. All these perspective assists to
maintain more growth and performances in positive manner at workplace. Furthermore, there are
2 respondents have stated that customer attraction with creativity and innovative products can be
successfully develop that helps to maintain more growth of the organisation.
Theme 4 Employees are highly satisfied with implementation of globalisation at workplace
of IKEA
4. How are you satisfied with
implementation of globalisation at
workplace of IKEA?
Frequency
Highly satisfied 15
Satisfied 2
Neutral 1
Dissatisfied 1
Highly satisfied 1
11
11
2
16
With online promotion Implement new
website
Customer attraction
with creativity and
innovative products
and services
All the above

Interpretation: Above graph has been shown that there has been 15 respondents in IKEA those
are highly satisfied with implementation of globalisation at workplace. It helps to achieve the
desired outcomes. level of outcomes in the enterprise. With help of advance technology, IKEA
will able to communicate several advantages in different areas of the world. There are 2
respondents only satisfied with implementation of globalisation activities at workplace.
Theme 5 Globalisation implemented several advantages with developing business results
5. Does globalisation implemented several
advantages with developing business
results?
Frequency
Yes 14
No 3
Cannot say 3
12
15
2
1
11
Highly satisfied
Satisfied
Neutral
Dissatisfied
Highly satisfied

Interpretation: On the basis of 14 respondents views, globalisation implement several
advantages to focus on the positive business results at workplace. Furthermore, there are 3
respondents have views that globalisation not consider any advantages to focus on the more
productive results and outcomes in the business. As per the rest of the 3 respondents were said
that it cannot be stated globalisation is beneficial for the cited company.
Theme 6 Political factors create impact on functions of globalisation to develop IKEA's
online performance
6. What are the functions of globalisation to
develop online performances and outcomes
of IKEA?
Frequency
Political 13
Economical 2
Legal 1
Social 1
Environmental 2
Technological 1
13
Yes
No
Cannot say
0 2 4 6 8 10 12 14
14
3
3
Frequency

Interpretation: According to above table, it can be said that that there are 13 answerer suggested
that political factors majorly create impact on the results. Furthermore, there is 1 person has view
that technological factors are also included to develop advance results at workplace.
Furthermore, 2 respondents said that environmental element create more impact on IKEA's
performances to attain more creativity at workplace. As a result, it is essential to focus on the
development of the business to attain more systematic work at workplace to attain desired level
of results at workplace.
Theme 7 All the above perspective implement to consider positive functioning in business
with globalisation activities
7. How to implement positive functioning in
business to consider globalisation activities
at workplace of IKEA?
Frequency
With the help of new tools and techniques 1
With more customer attraction 1
With providing employee training and
development program
1
All the above 17
14
13 2
1
1
2
1
Political
Economical
Legal
Social
Environmental
Technological

Interpretation: As per the above scenario, It can be stated that there are 17 responsive people
have views that all the above consideration make over positive functioning with implementation
of globalisation activities at workplace. In this regard, there are remaining people have views that
different tools and techniques, more customer attraction and provide training and development
program is most important consideration on which the chosen business to develop more
productive results at workplace.
Theme 8 Globalisation is also beneficial to increase economic growth of the country
8. Does globalisation is also beneficial for
economic growth of the country
Frequency
Yes 15
No 2
Cannot say 3
15
1
1
1
17
With the help of new
tools and techniques
With more customer
attraction
With providing
employee training and
development program
All the above

Interpretation: as per the above table and presentation, it can be stated that there are around 15
responsive have views that globalisation more beneficial perspective that activity to accomplish
content and objectives in desired manner. In order to this statement, there are 3 respondents
exists those have views that it cannot be said that globalisation create positive impact on
economy of the country or not. Remaining 2 respondents have views that globalisation not create
positive impact on economic of the country.
P6 Recommendation and conclusion from the study
In order to come out the possible outcomes and goals, conclude present study, it can be
stated that globalisation help to increase sales of IKEA company in Europe to focus on the
drawing meaningful results. In this consideration, it can be stated that chosen business will easily
promote the operations & functions to regulate desired goals and results. Overall process help of
different activities and tasks, it can be stated that it impact positively on operations and functions
of the selected business. Therefore, they can easily ascertained desired level of outcomes in the
business. Furthermore, following recommendation can be provided to attain more effectiveness
at workplace: Recruit skilled employees within company environment : In order to focus on the
coveted level of possible outcomes, it can be stated that in IKEA Europe skilled
employees need to be recruited. This is because, it assists to focus on the desired level of
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15
2
3
Yes
No
Cannot say

results in systematic manner. On the basis of targets and achievements, it is important to
implement creative consideration at workplace. Implement technical tools and techniques: Furthermore, IKEA require advance
implement and method that helps to meet with the require task and effective leading
goals. systematic work performances that assists to accomplish targets and goals in
positive consideration. With the help of desired level of results, they can attain more
targets (Bresler and Stake, 2017).
 Focus on desired level of efficiency: On the basis of creativity, it can be said that IKEA
demand to focus in order to meet out the long term goals. of efficiency in appropriate
manner. Hence, they should focus on advance technology that increases profits and
revenue at workplace (Mitkus and Nedzinskaitė-Mitkė, 2016).
LO 4
P7 Reflect on the value undertaking in research
From the above I had learned several things that assists to me to accomplish my targets
and goals in positive manner. With this regard, I can develop desired level of results that
increases productivity and profitability at workplace of IKEA. It also helps me to conduct future
research in effective manner. Moreover, I gained skill about the research methotholody that helps
me to my further study research. my performances as per business requirements. Therefore, it
will develop my understanding and performances to attain more effectiveness at workplace. With
the help of primary data collection, I had understood different functions and operations that can
be attain to focus on managing creativity. As a result, my communication level also increases
that assists me to develop more effectiveness at workplace.
Furthermore, I had understood several considerations that can be develop to profitability
with using advance technology at workplace of the chosen business. In this regard, I had
performed several goals and objectives that would be beneficial to me for further research in
future development.
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REFERENCES
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