Globalisation and Tesco Plc: Challenges and Opportunities

This assignment provides an in-depth examination of the impact of globalisation on Tesco Plc, a multinational retail company. It explores the benefits and challenges of globalisation for Tesco, including its effects on customer reach, business operations, and financial activities. The analysis identifies major issues faced by Tesco during its expansion into the global market and recommends measures to minimize financial risks. This comprehensive study is essential for students interested in international business, marketing, and management.

Research Project

Table of Contents
TITLE:.............................................................................................................................................1
Introduction......................................................................................................................................1
Literature Review.............................................................................................................................4
Research Methodology....................................................................................................................8
Data Analysis and Interpretation...................................................................................................12
Recommendation...........................................................................................................................23
Reflection.......................................................................................................................................24
Conclusion ..................................................................................................................................25
References .....................................................................................................................................26
Appendix 1:....................................................................................................................................28
Appendix 2 ....................................................................................................................................31

TITLE:
“ The impact of globalisation upon financial functions of Tesco Plc.”
Introduction
Overview of the research
Globalisation is a continuous process which include linking people, cities, countries
together. It is concerned with expanding business by entering into the different economy and
using domestic resources as well as international resources. Globalisation can be seen very
much in the financial market like money, insurance, commodity market etc. sports and
entertainment sectors are also coming under the globalisation. This research is talking about the
impact of globalisation on financial functions of Tesco Plc and some of the impact which
company facing are managing risk globally. When company is serving internationally it has to
manage risk of different markets which broadens the firm's burden. Other than this, globalisation
also increases the financial responsibilities of the company and they has to arrange more funds
for dealing in different countries with variety of customers. With the help of globalisation
financial market is interconnected in many ways which is helping the financial functions like on-
line transactions, movement of capital etc. to process very easily and fast. Globalisation has
bring twist in the financial functions by enhancing the dispersion of income and also contributing
is financial growth (Stage and Manning, 2015).
Background of the research
This research is conducted with help of the company called Tesco Plc, it is a UK based
multinational groceries store and is also deal in general merchandise. It has its headquarter in
England and serving all over the world, Tesco is the third largest retailer in the world. This
company has expanded globally and diversified their product areas like books, electronics,
furniture, clothing, toys, petrol, financial services, telecom etc. This company will further help in
conducting the research on “The impact of globalisation in financial functions of Tesco Plc”.
There are different factors in the market which act as the reason of financial failures of the
company. One of them are economic issues in any country like inflation rate of the economy as
well as the rate of currency (Tight, 2016). Other than this, customer's brand switching habits are
also the reason for financial failure of the organisation because when buyers shift from brand, it
1

impact the company a lot by reducing its sales and by declining its profitability. For
example,Tesco has faced financial failure after its expansion in Japan which leads company to
face heavier loss. The main reason behind its failure is economical issues that prevailing in
country which affected the purchasing behaviour of customer and leads to increase in brand
switching (McNabb, 2015).
Aim
The main aim of research project is to analyse and examine the impact of globalisation on
Tesco Plc.
Objectives
 To analyse the impact on globalisation on financial activities and operation of Tesco.
 To analyse the benefits of globalisation to Tesco Plc.
 To evaluate the financial failure if it all Tesco Plc.
Research questions
 What are the impacts of globalisation upon financial functions of Tesco Plc.?
 What are the advantages and disadvantages of financial impact on Tesco Plc.?
 How does globalisation influence the financial activities of Tesco Plc.?
Rationale of the research
Reason for choosing this research topic is to analyse the impact globalisation in financial
functions of Tesco Plc, It is a grocery and merchandise company. Main reason for choosing this
organisation to work on the financial section of internationally working companies. It is
multinational company in terms of outlets as well as revenue. Company is providing employment
opportunities to many unemployed people in world and it is also contributing the in economy
financially. Personal reason for conducting this research is to improve the skills like data
analysis, data interpretation, literature review and many other skills of the investigator.
Significance of the research
Importance of conducting this research is that it will help in determining the impact of
globalisation on the financial functions of the organisation working at international level so that
corrective actions can be take to improve these functions. It is also important for finding out the
benefits of globalisation on the business as well as on the economy to take its advantages . Other
than this, research is also important to find out the influence of globalisation on financial
activities performed by the company (Krippendorff, 2018).
2

3

Literature Review
Literature review is the type of paper which researcher uses of analysing the previous
study on particular topic.
The impact on globalisation on financial activities and operation of Tesco.
According to Eswar S. Prasad, Kenneth Rogoff, Shang-Jin Wei, and M. Ayan Kose,
(2003), financial globalisation is the combined concept of increasing linkage through cross
border financial flow. Globalisation has increased the risk management properties in the market
because Tesco is working internationally in different countries it has to have some risk
management tool to reduce it and sustain in the market. It is affecting financial activities of
Tesco by producing new financial products globally (Capello and Perucca, 2015). According to
the Authors internalisation has increased the supervision for international financial infrastructure
in return to it, number of specialised cross border clearing has been taken place.
According to the Bianchi and Civelli, (2015), International reporting standard are made to
support the company to its financial performance strong , as per the authors investments and
capital allocation has been increased, help the company is mobilizing and pool the savings.
Authors want to say that globalisation is bringing higher level of financial developments other
than this it is best method to improve the financial supervision all around the world which in
return improve the corporate governance. Capitals can easily flow in the world, domestic savings
of the Tesco can be invested in the international market with the expectation that it can get the
better return. It provide improved techniques of savings to the company. Some of the financial
activities of the Tesco are purchase of raw material and making budgets of every activities they
will going to perform. Globalisation gives a positive impact to the company in purchasing raw
materials because organisation can get cheap material from the market as well as they can get
local labour for the production purpose. For example if a company plan to globalise
internationally its financial activities will get impacted as it have to arrange financial resources
from their personal savings or from the financial institutions. These savings after that invested in
the globalised plan to run the activities and to achieve the goals of the organisation as well as to
increase its profitability and productivity.
The benefits of globalisation to Tesco Plc.
According to William C. Dudley, (2017), Globalisation has different meaning to every
person. William is focusing on the globalisation in the context of its role in international
4

economic integration and economic development. As per the author, it is promoting living of
standard of people internationally by providing them job opportunities which is helping the
individual to earn their basic living. Tesco Plc is working globally and enhancing standard of
living in people. Other than this globalisation is providing support to industries that are facing
challenges like less competitiveness in the market.
As per the point of view Cahnmann-Taylor and Siegesmund, (2017), With the help of
globalisation Tesco Plc has become third largest retailer in the world, it has created its own level
of competitiveness for their competitors. Tesco is also getting benefits like employees of the
company are able to learn new skills and techniques to perform a task in different countries. It is
adding to their knowledge to play the jobs well. William wants to say that globalisation is
affecting the long run productivity of the company (Bianchi and Civelli, 2015). There are some
benefits of open trade like it provide company a larger platform to work, specialised
opportunities, better technology which provide a faster transmission.
As per Tejvan Pettinger, (2017), Globalisation is a process of cooperation and
interconnection of different national economies. According to Tejvan, globalisation is providing
greater movement of labour, growth of multi-national companies. , greater free trade, good
communication and better transportation. Globalisation is providing Tesco Plc a specialised way
of production in different parts of the world, which in return reducing the cost of the products.
Company's investment is also increasing as well as the country's long & short term investment
has become very easy. For example when any company plan to expand their business by opting
globalisation, they open their new units in other countries. This help the organisation to attract
the customers and increase their consumer base. As result to this, company will get more profit.
The financial failure if it all Tesco Plc.
According to Zoltan ban, (2015), globalisation is the is a process of entering into the new
market to expand the business. As per the Author, there are so many reasons because of which
Tesco Plc faces financial failures. Economic issues are the major reason because of which
company's financial activities get fail. Situations like inflation causes a lot of trouble for the
organisations working internationally because change in one can affect the entire performance of
the company. For example if UK's inflation rate is increasing it will decline the purchasing
power of the customers and as a result organisation's sale will get decline. This situation will
lower the revenue of the organisation because of which they will not be able to mange their
5

expenses and as a result, prices of products get increased. As per the author, another reasons for
financial failure are customer's brand switching habits, this affect the sales of the company. For
example when a customer switch from one company to other it reduces the profits and sale of the
particular brand (Hartas, 2015).
According to the Capello and Perucca, (2015), Customers switch because they have the
proper information about the products available ion the market and prices each brand is offering.
Competition is another reason for the financial failure in any business firm. Wen competition is
very high it make difficult for the company to survive in the market. Organisations start spending
more on their promotions and advertisements which add to the company's expenses more and
more and as a result it may face problem of burden of debt or bankruptcy which lower downs
the image of the company. When a company fail to survive in the market it is very difficult for
them to plan their finance again because no banks and institutions get ready to provide financial
support to the failed company.
6

Research Methodology
Research is refers to the process of systematic evaluation about a particular issues or
topic in order to present some fact or figures regarding a specific problem. In order to conduct
this investigation several tools & techniques are used by researcher that help in gathering,
evaluating and interpreting the investigated information to produce accurate and positive
outcome (Tight, 2016). The tools and technique used within the research are usually explained
within the research methodology section which are explained below with the help of research
onion framework:
Research Philosophy:- It is defined as the concept which provide information regarding
source through which data will be gathered and arranged in systematic manner. Research
philosophies are of three types i.e. interpretivism, pragmatist and positivism. For conducting this
investigation, interpretivism philosophy will be used that help in getting subjective knowledge
about current research topic (Stage and Manning, 2015). With the help of this strategies could be
acknowledge easier that are to be consider for performing research effectively.
Research approach:- This is consider to be one of the most crucial aspect of research
methodology and it is classified within two different tools such as deductive and inductive
research approach. In deductive approach basically hypothesis are created on the bases of
existing theory and then research strategies are formed to test those hypothesis as per the
collected information (McNabb, 2015). On the other side inductive approach is concerned with
the process of creating a new theory that are emergent from the gathered data. In this report
inductive approach will be used as it is based on qualitative data which is basically used to
gathered the information over this topic.
Time Horizon:- Time is considered as one the most crucial factor that must be consider
by a researcher while conducting investigation. This help in executing task in appropriate time
period by distributing required time for completion of each task. For this Gnatt is used i.e. a
graphical representation of several task as well as activities performed within a particular
research along with the time taken by them (Krippendorff, 2018). In addition to this it also
support in adjusting the activities in sequential manner so that objectives can be achieved in
effective manner. Current research requires around 9 weeks in its completion (Gray and Malins,
2016).
Activities and Time scale
7

Particulars Tasks Duration Start time
Research project
planning and
scheduling
Objectives and Literature review of
research project
05 days 14-Jan-19
Conclude and summarise the
research project into a good form
03 days 17-Jan-19
Data collection
methods analysis
Research sampling 02 days 20-Jan-19
Choosing appropriate tools and
techniques
04 days 26-Jan-19
Explore qualitative research 05 days 02-Feb-19
Explore quantitative research 02 days 05-Feb-19
Numerical data
analysis
Choosing numerical data tools 02 days 10-Feb-19
Examining via tolls and techniques 07 days 14-Feb-19
Conclude the findings 05 days 20-Feb-19
Concluding research
recommendations
04 days 22-Feb-19
Outcome of the
report
Concluding the research 05 days 25-Feb-19
Preparation of the project and
submission to tutor
10 days 05-Mar-19
Collecting feedback and analysis of
the feedback
04 days 10-Mar-19
Presentation of the research 02 days 15-Mar-19
Gantt chart
Task name Duration week 1 week 2 week 3 week 4 week 5 week 6 week 7 week 8 week 9
Objectives and Literature review
of research project 12 days
Research sampling 6 days
Choosing appropriate tools and
techniques 13 days
Explore qualitative research 18 days
Explore quantitative research 12 days
Choosing numerical data tools 6 days
Presentation of research 2 days
8

Research Methods:- In order to conduct a research effectively specific format is used by
considering some tools and technique so that data can be gathered in effective and most relevant
manner. There are basically two type of research methods such as qualitative and quantitative
methods. Qualitative research method is the one which information is gathered in theoretical
manner in order to represent the gathered information in more detailed and understandable
manner (Hartas, 2015). On the other side qualitative method is one in which information
gathered in numerical fact and figures in order to represent the statical evidence of particular
topic. For conducting this investigation qualitative method will be used as it help in developing a
theoretical base with considering a detailed investigation to provide appropriate results.
Data source:- It is defined as the process of collecting information over a particular
research topic so that data must be collected in a manner that help in accomplishing the objective
behind conducting the research. Data collection methods are of two type primary and secondary
data source. Primary data refers to the information which are freshly collected that has not yet
been gathered by any person previously. Sources for primary data are questionnaire, interview,
survey etc. On the other side secondary data refers to the one in which data gathered from the
already published articles and for collecting data sources like online articles, journals, books etc.
are used (Flick, 2018). This research is based on both primary as well as secondary data where
primary information will be gathered with the help of questionnaire and secondary information
will be gathered through literature review.
Research design:- It is also a crucial part of investigation which act as a blue print of
research and help in directing over the conduction of research actions in effective manner. There
are basically three type of research designs named as exploratory, descriptive and experimental
research design. In current report descriptive research design will be used because it is one of the
most essential tool used for performing qualitative research as it provide a descriptive analysis on
particular study.
Research sampling:- This section put more emphasis toward the selecting a sample size
that is replicate from the original population. There are basically two methods of data sampling
such as probabilistic and non-probabilistic (Faulkner, 2016). In order to conduct the present
investigation, random sampling method has been used from the non-probabilistic section for the
9

accumulation of information (Faulkner, 2016). In order to perform this investigation sample size
of 40 respondents has been taken.
Research ethics:- While conducting its investigation, researcher must comply with some
ethical norms such as it must not present the personal and confidential information of the
participant in front of others without their will. In addition to this it must also try to provide
accurate information about concern topic or organisation and should not manipulate the
information to make research more attractive.
Research limitations:- Major limitation during conduction of research was that time
provided for investigation was very limited in which it is not possible to gather large amount of
information. In addition to this budget provided for research was also limited which restrict in
gathering more amount of data.
Research reliability and validity:- The reliability and validity of research is ensured
throughout the investigation and for this questionnaire will be used which provide realistic as
well as reliable information over particular research topic. On the other side for collecting
secondary data published article has been used which are more authenticated sources which
provide valid information.
Research budget:- In order to conduct research effectively there is a requirement of some
resources such as internet connection, computer, allowance expenses etc. so that information can
be gathered in effective manner (Flick, 2018). For this the estimated budget has been fixed up-to
£650 (Cahnmann-Taylor and Siegesmund, 2017).
10

Data Analysis and Interpretation
Data interpretation is refer to the process of evaluating the gathered information and then
interpret it in order to extract the positive outcome within the direction of research aim and
objective (Cahnmann-Taylor and Siegesmund, 2017). In this section questionnaire has been
formed up to collect primary data which them interpreted using thematic approach.
Theme 1: Knowledge regarding the concept of globalisation
Q1. Do you have some knowledge regarding
the concept of globalisation?
Frequency
Yes 30
No 10
Interpretation:- From the above given information it can be interpret that majority of
people are aware about the concept of globalisation as it is very prominent topic. Around 30 out
11
Yes No
0
5
10
15
20
25
30
30
10
Frequency

of 40 respondent said that they are aware about the concept of globalisation. But on the other
side 10 respondents said that they don't have much knowledge about the concept of globalisation.
Theme 2: Benefits that globalisation offers to an organisation
Q2 What benefits does globalisation offers
to an organisation?
Frequency
Business expansion 15
Increasing customer reach 15
Improvising business operations 10
12
Business expansion
Increasing customer reach
Improvising business operations
0
2
4
6
8
10
12
14
16 15 15
10
Frequency

Interpretation:- From the above mentioned data it can be interpret that globalisation
provides several benefit to an organisation in which 15 out of 40 respondents said that it help a
company in its business expansion. But around 15 respondents state that it help up an
organisation in increasing their customer base by targetting new customers. In addition to this 10
respondents said that it help a company in improvising their business operation by adopting the
practices of another culture or nation.
Theme 3: Department get much affected by globalisation of business
Q3 Which department get much affected by
globalisation of business?
Frequency
Financial 20
Marketing 10
Human resources 10
13
Financial Marketing Human resources
0
2
4
6
8
10
12
14
16
18
20
20
10 10
Frequency

Interpretation:- From the above given information it can be interpreted that 20 out of 40
respondents believe that while globalisation of business operation, financial department get
highly affected. This is because a company has to arrange fun as well as pay off several
outsourcing or other taxes in order to enter in new market. On the other side 10 people said that
marketing department get much affected as it has to formulate strategies as per the marketing
condition of particular country. But apart from this 10 respondents said that human resource
department get much affected through the global expansion of a company as they have to bring
major modification within the organisational policies in order to cope up with legislation of
particular country and requirement of employees.
Theme 4: Impact does globalisation have over the performance of Tesco plc
Q 4 What kind of impact does globalisation
have over the performance of Tesco plc.?
Frequency
Positive 30
Negative 10
14

Interpretation:- As per the above given information it can be said that globalisation have
an huge influence over the performance of a Tesco plc. Over this around 30 out of 40 respondent
said that globalisation have a positive impact over the performance of Tesco plc as with the help
of expansion it become able to improve current processes in more effective manner. But on the
other side 10 respondents said that globalisation also have negative impact over the performance
of company as in some country it get failed to adopt with culture and as a result of which
profitability get reduced.
Theme 5: Components that Tesco Plc. consider while expanding through globalisation
Q5 What components does Tesco Plc.
consider while expanding through
globalisation?
Frequency
Competition 10
Governmental policies 15
Legal factors 15
15
Positive Negative
0
5
10
15
20
25
30
30
10
Frequency

Interpretation:- From the above given data it has been identified that around 10 out of 30
respondents said that Tesco Plc must consider the competitive environment of particular country
while planning for entering into it. On the other side 15 respondents said that company must
firstly consider the political and governmental policies of a potential country before entering into
it for avoiding any sort of threat. But around 15 respondents said that Tesco must analyse legal
factor before entering into new country.
Theme 6: Globalisation influence the financial activities of an organisation
Q6 In what ways globalisation influence the
financial activities of an organisation?
Frequency
Difference in legislator requirement 15
Cost of expansion 10
Availability of resources 15
16
Competition Governmental policies Legal factors
0
2
4
6
8
10
12
14
16
10
15 15
Frequency

Interpretation:- As per the above mentioned data it can be said that 15 out of 40 people are
agreed over the fact that globalisation influence the financial operations of a company due to
differences in term of legislator requirement. But on the other side 10 people said that cost of
expansion is a major cause behind the influence of financial activities over global level. On the
other side 15 people said that availability of resources is the main issue that affect financial
activities of an organisation while its global expansion.
Theme 7: Major issues that Tesco plc has faced while its expansion of business at global level
Q7. what are the major issues that Tesco plc
has faced while its expansion of business at
global level?
Frequency
Financial failure 20
17
Difference in legislator requirement
Cost of expansion
Availability of resources
0
2
4
6
8
10
12
14
16 15
10
15
Frequency

Customer buying behaviour 10
Higher competition 10
Interpretation:- From the above given information it can be said that 20 out of 40
respondents are agreed with the fact that major issue faced by Tesco plc in its business expansion
at global level was financial failure. On the other side 10 respondent said that customer buying
behaviour was the major issue while globalisation of Tesco. But around 10 respondents said that
it was higher competitive environment was the major issue that has been faced by Tesco while its
global expansion.
Theme 8: Globalisation of business leads to financial failure of Tesco Plc.
Q8 Does globalisation of business leads to
financial failure of Tesco Plc. ?
Frequency
18
Financial failure Customer buying behaviour Higher competition
0
2
4
6
8
10
12
14
16
18
20
20
10 10
Frequency

Yes 20
No 20
Interpretation:- From the above given data it has been interpret that around 20 out of 40
respondents said that globalisation of Tesco plc leads to its financial failure at market. But on the
other side another 20 respondents said that globalisation of business was not the reason behind
financial failure of Tesco plc.
Theme 9: Factor present at global market that leads to financial failure of Tesco Plc
Q9 Which are the factor present at global
market that leads to financial failure of
Tesco Plc. ?
Frequency
Economic issues 10
Customer brand switching habit 12
19
Yes No
0
2
4
6
8
10
12
14
16
18
20
20 20
Frequency

Food safety scares 10
Competition 8
Interpretation:- As per the above given information it can be said that 10 out of 40
respondents are agreed with the fact that economical issue was the major cause behind failure of
Tesco at international market. On the other side 12 people said customer brand switching was the
major cause behind failure but 10 respondents said that it was increase in food safety scares that
leads to financial failure. But 8 respondents said that it was because of competition present in
marketplace.
Theme 10: Measures that Tesco plc must undertake in order to minimise financial risk
Q10 What measures does Tesco plc must
undertake in order to minimise financial
Frequency
20
Economic issues
Customer brand switching habit
Food safety scares
Competition
0
2
4
6
8
10
12
10
12
10
8
Frequency

risk?
Economical analysis 15
Market analysis 15
Proper knowledge about Legal norms and laws 10
Interpretation:- From the above mentioned data it can be said that 15 out of 40
respondents said that Tesco must focuses toward performing economical analysis for minimising
the financial risk at global market. But 15 people said that it must perform market analysis before
entering in new market and around 10 respondents said that Tesco firstly try to develop
knowledge regarding legal laws and norms before expanding business in new country.
21
Economical analysis
Market analysis
Proper knowledge about Legal norms and laws
0
2
4
6
8
10
12
14
16 15 15
10
Frequency

Data collection through secondary research
Annual financial report of an organisation is consider as a secondary source which will
help a researcher to collect in-depth information about the topic. Therefore, financial annual
report of Tesco will be mentioned as under:
22

Recommendation
As per the above gathered information it has been found that Tesco has faced financial
failure after its expansion in Japan which leads company to face heavier loss. The main reason
behind its failure is economical issues that prevailing in country which affected the purchasing
behaviour of customer and leads to increase in brand switching. So in order to avoid such risks in
future recommendations are given below:
 Tesco must perform economical analysis over the country in which it is trying to expand
its business so that it would be able to determine the feasibility of expansion plan that
whether Tesco be able to earn expected profit.
 Another suggestion for Tesco while its expansion is that it must perform potential market
analysis so that the need and expectation of customers can be determined that support in
identifying the success of expansion plan. In addition to this it also help in forming
effective strategy.
 Tesco must focuses toward developing knowledge regarding regulatory requirement of
particular country in which it want to enter which help in avoiding any sort of legal
compliances.
23

Reflection
I am glad that I got a chance to work over this research which help in improving skills
and capability throughout this work. While conducting this investigation I found several issues
such as time and budget provided to me was very limited which make it difficult for me to gather
more information. But still then I tried my best to collect relevant information that support me in
accomplishing my aim and objective of research. Apart from all this my communicational and
team working skills has been improved. In addition this I also being able to develop my
knowledge regarding tools and technique that is basically used to gather, evaluate and interpret
the information effectively. This will help me in performing my future research project more
effectively.
This study help me in develop my knowledge regarding several tools and techniques that
are used to collect, interpret and present data in effective manner. This is because I have used
research methodology as a part of my investigation in which there is a detail description of
number of tools present for data mining and interpretation. In which I have used a combination
of both primary as well as secondary data collection method to get more accurate and reliable
information and to evident the freshly collected data by representing it with the medium of
previously found and published article. In this for gathering primary data I have used
questionnaire in order to collect information from the selected sample size and then interpret it
using thematic analysis. In addition to this for gathering the secondary information I have used
literature review where several author's pint of view has been present and critical evaluated to
represent several facts and information regarding particular topic. Throughout my investigation I
have found that researcher has used qualitative method because it provide a theoretical
framework for gathering information with proper fact and evidences. Apart from this researcher
also used interpretivism philosophy because it is effective in creating an in-depth analysis by
analysing the reviews and opinion of authors and writers.
24

Conclusion
From the above given report it can be summarised that globalisation of business plays a
crucial role within the organisational growth and success. It provide several benefits to
organisation such as business expansion, increasing customer reach and improvising of business
operations. But apart from these benefits Tesco has faced several challenges at global market
which leads to financial failure. Majority of people said that this failure is due to economic issues
which lead people to switch brands and purchase from private label companies. In addition to
this it has been found through the investigation that the financial department of Tesco get very
much affected through the global expansion. This is because it has to change its working
practices on the basis of laws and regulatory standards related with economy of particular
country in which it wants to enter. Hence globalisation have both positive as well as negative
impact over the performance of an organisation.
25

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Appendix 1:
Research Proposal Form
Student Name: ______________________ Student ID: ____________
Centre Name: _____________________
Tutor: ________________ Date: ___________________
Unit: ____________________
Proposed Title: ______________________________________________
Research Ethics approval 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:
Student name:
Student ID number:
Programme:
College Name:
Intended research start date: 01/14/2019
Intended research end date: 25/02/2019
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) :
28

Section 3: Participants
Please answer the following questions, giving full details where necessary.
Will your research involve human participants?
Yes
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)?
Participants will be recruited through interview, questionnaire and focus group.
Describe the processes you will use to inform participants about what you are doing:
Information gathered will be kept confident and not shared by any other partner.
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 N/A
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?
The researcher
During the research:
On the researcher personal computer
Where will the data be stored?
As long as needed
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?
29

On the personal computer
How long will the data and records be kept for and in what format?
As long as data needed
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.
30

Appendix 2
Questionnaire
Q1. Do you have some knowledge regarding the concept of globalisation?
a) Yes
b) No
Q2 What benefits does globalisation offers to an organisation?
a) Business expansion
b) Increasing customer reach
c) Improvising business operations
Q3 Which department get much affected by globalisation of business?
a) Financial
b) Marketing
c) Human resources
Q 4What kind of impact does globalisation have over the performance of Tesco plc.?
a) Positive
b) Negative
Q5 What components does Tesco Plc. consider while expanding through globalisation?
a) Competition
b) Governmental policies
c) Legal factors
Q6 In what ways globalisation influence the financial activities of an organisation?
a) Difference in legislator requirement
b) Cost of expansion
c) Availability of resources
Q7. what are the major issues that Tesco plc has faced while its expansion of business at global
level?
a) Financial failure
b) Customer buying behaviour
c) Higher competition
31