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[PDF] The Impact Of Globalization On The Business

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Added on  2021-02-19

[PDF] The Impact Of Globalization On The Business

   Added on 2021-02-19

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Research Project
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Research Proposal FormStudent Name: ______________________ Student ID: ____________Centre Name: _____________________Tutor: ________________ Date: ___________________Unit: ____________________Proposed Title: ______________________________________________Section One: Title, objective, responsibilitiesTitle or working title of the research project (in the form of a question, objective or hypothesis)“To investigate the challenges of globalisation on the corporate structure of large multinational company. A study on Tesco.”Research objectives (e.g what is the question you want to answer? What do you want to learn how to do? What do you want to find out?):To understand the concept of globalisation on multinational business.To identify the challenges faced by multinational company over its corporate structure whileglobalising their business.To evaluate the ways by which Tesco can overcome from the challenges of globalisation on itscorporate structure. Research questions:What is the concept of globalisation on multinational business?What are the challenges faced by multinational company over its corporate structure whileglobalising their business?What are the ways by which Tesco can overcome from the challenges of globalisation on its corporatestructure?Section Two: Reasons for choosing this research projectReasons for choosing the project (e.g links to other subjects you are studying, personal interest, futureplans, knowledge/skills you want to improve, why the topic is important):The main purpose of undertaking this research is to improve researcher knowledge about challenges of globalisation faced by multinational company over its corporate structure. By this investigation, investigator
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easily analysis market trends for business so that they easily improve the chances of attaining competitive edge. Along with this, it also assist in undertaking future activities of research by enhancing learning skills and knowledge.Section Three: Literature sources searchedUse of key literature sources to support your research question, objective or hypothesis: Concept of globalisation on multinational businessGlobalisation is considered as a process of interaction among people, organisation and different countries wit the aim of expanding business activities at global level. Thus, it is crucial for company to effectively analysis the global market before entering into new market so that all the negative impact can be reduced and cut down. For expanding business, various resources are required by company like proper planning, technology, fund, human resources and many more. All these are beneficial for company to undertaking their business at global level with the aim of generating larger profitability level at market place. Mainly, it also integrate societies and economies that consist flow of information, services, ideas and many more. Withthe assistance of this company can easily improve their performance level and at the same time also attain success. Challenges faced by multinational company over its corporate structure while globalising their businessGlobalisation is not always put their positive impact on company and its products but at the same time it also influence organizational activities in adverse way through which company reduce their profitability level at market place. As it also change all the structure of company, its policies and so on when they globalise their business. In this regards, there are various challenges faced by company over its corporate sector at global level: Foreign laws and regulation: It is major challenge for company at global level that change the entire activities of company. Thus, it is crucial for firm to effectively understand all the regulation of that country where in they wants to globalise. With the assistance of this, company can eliminate all the negative impacton its performance level. Cultural difference: When multinational company globalise their business then they face issue related to the culture as its workers and customers are belongs to different culture. This will negatively impact on its brand image at market place. Different in culture, language may increase the chances of conflicts at the timeof expanding business activities. Ways by which Tesco can overcome from the challenges of globalisation on its corporate structureGlobalisation is the process in which company attain various opportunities to expand their business at international level. It become beneficial for enhancing their brand image and customers base as well. For attaining the same, company also analysis the ways through which they can overcome from challenges related to globalisation. These can be understood by following points: Proper knowledge about foreign laws and regulationsUnderstand market trends and demand Skilled workforce and talent
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Implement advancement of technologyUnderstand about cultural of particular nationAll these can be beneficial for company to make their brand image ore competitive and also minimizine the chances of arising challenges. With the assistance of this, firm may cpature larger mareket share and accomplished its competitive image.Section Four: Activities and timescalesActivities to be carried out during the research project (e.g research, development and analysis of ideas, writing, data collection, numerical analysis, tutor meetings, production of final outcome, evaluation, writing thereport):How long this will take: Milestone one: _________________Target date (set by tutor): ____________________Milestone two: _______________________Target date (set by tutor): ______________________ Gantt ChartACTIVITESWEEK 1WEEK 2WEEK 3WEEK 4WEEK 5WEEK 6WEEK 7WEEK 8WEEK 9WEEK 1 0 Submission of research proposalComplete background information for research
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