The assignment aims to investigate the positive and negative impacts of globalisation on competition within the UK, with a case study on Barclays Plc. It seeks to identify issues faced by the company during globalisation and recommend ways for achieving competitive advantage at a global level.
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Research Project on the Theme of Globalisation
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Table of Contents Topic: “To identify the positive and negative impact of globalisation on the competition within UK.” A case on Barclays plc.”.........................................................................................................1 CHAPTER 1: INTRODUCTION...................................................................................................1 Overview of Research.................................................................................................................1 Background of Research.............................................................................................................1 Research aim...............................................................................................................................2 Research Objectives....................................................................................................................2 Research Objectives....................................................................................................................2 Rationale of investigation..........................................................................................................3 CHAPTER 2: LITERATURE REVIEW.........................................................................................3 CHAPTER 3: RESEARCH METHODOLOGY.............................................................................3 CHAPTER 4: DATA ANALYSIS AND INTERPRETATION......................................................3 CHAPTER 5: RESEARCH OUTCOME.........................................................................................3 CHAPTER 6: REFLECTION & RECOMMENDATIONS FOR ALTERNATIVE RESEARCH METHODOLOGY..........................................................................................................................3 CHAPTER 7: CONCLUSION........................................................................................................3 REFERENCES................................................................................................................................4
Topic: “To identify the positive and negative impact of globalisation on the competition within UK.” A case on Barclays plc.” CHAPTER 1: INTRODUCTION Overview of Research Globalisation is defined as the process through which economies of the two country get integrated with an aim to reduce cross border barriers so that international trade can be performed in effective manner.It plays a crucial role in promoting the business practices and providing an option to several organisation to expand their business by approaching larger number of customers that resides over several geographical location. Globalisation provide several benefit to a business that support it in achieving a competitive edge at market place such as integration of cultural practices, access to technological advancement, high skilled employees, raw material at low cost, broader customer base. But despite of this, there are certain factors that are present in global market which negatively influence the performance of a company that includescompetition,changesincustomersdemand,newculture,lackofemployees participation, technological changes etc. in order to perform study over this, Barclays Bank is consider in this report which is a British multinational company that work as a investment bank as well as financial service company. It offers services by considering four core business practices which includes personal banking, investment management, wealth management and corporate banking. Background of Research Globalisation is defined as the interaction between people, government and companies that are present at several geographical location throughout the world. The internationalisation of business practices has now become a trend between several cooperates as it is grown with the advancement of transportation and communicational technology. This has attracted businesses towardimprovingtheirbusinesspracticesbygettinganopportunitytointegratewith international trade, practices, culture and idea. In addition to this it also support in promoting free trade among different countries, corporateuse of labour market as well as free flow of capital that help in getting maximum return. For performing this investigation Barclays bank has been consider in the following report which is a British international investment bank and financial service company. It is headquartered in London and offer services among several countries 1
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throughout the world. By expanding its business practices throughout the world, The Barclay's become able to improve its business practices and performance. This is because global expansion support Barclay's bank in getting integrated with the business practices that are used by other bank throughout the world. In addition to this it also become able to develop a diversified workforce which belongs to different culture and having several skills or capability which support in improving the standard of operations. These all are the factors which supported Barclays bank in improving its performance at marketplace by integrating the practices of several other countries to effectively catering the need of customers. These improvement in bankingpracticesalsosupportedinhavingbothpositiveandnegativeimpactoverthe competition present in market of UK. This is because with the improvement of service offered by Barclays bank it become able to deal with competition much easier that supported in achieving sustainability.On the other side this also have negative impact over the competition present in UK by increasing the level of competition among the rivalry. Research aim “To identify the positive and negative impact of globalisation on the competition within UK.” A case on Barclays plc. Research Objectives To learn about the concept of globalisation To identify the impact of globalisation over the competition faced by Barclay Plc To analyse issues faced by Barclays Plc during globalising its business operations To recommend ways through which Barclays Plc can achieve competitive advantage at global level. Research Objectives Describe about the concept of globalisation? What impact does globalisation have over the competition faced by Barclays Plc ? Explain about the issues faced by Barclay Plc during globalisation of its business operations ? What are the recommended ways through which Barclays Plc achieve competitive advantage at global level 2
Rationale of investigation The main purpose behind conducting this investigation is to determine several positive as well as negative impact that globalisation brings within a country. This is an interest area of researcher so he/she would be more focused toward gathering relevant and most accurate information that aid into accomplishment of research objective. Despite of this, investigation also support researcher in enhancing its knowledge in term of globalisation and it impact over competition that support them in future project. In addition to this it also support in improving researcher's knowledge regarding several tools and techniques used for gathering, evaluating and interpreting information effectively which ensures effective presentation of information to reader. CHAPTER 2: LITERATURE REVIEW CHAPTER 3: RESEARCH METHODOLOGY CHAPTER 4: DATA ANALYSIS AND INTERPRETATION CHAPTER 5: RESEARCH OUTCOME CHAPTER6:REFLECTION&RECOMMENDATIONSFOR ALTERNATIVE RESEARCH METHODOLOGY CHAPTER 7: CONCLUSION 3
REFERENCES Books & Journals Aharoni, Y., 2014.Coalitions and Competition (Routledge Revivals): The Globalization of Professional Business Services. Routledge. Coker, C., 2014.Globalisation and Insecurity in the Twenty-first Century: NATO and the Management of Risk. Routledge. Davidson,R.K.,andet.al.,2012.Theimpactofglobalisationonthedistributionof Echinococcus multilocularis.Trends in parasitology. 28(6). pp.239-247. De Vos, J., 2012.Psychologisation in times of globalisation. Routledge. Findlay, A. M., and et. al., 2012. World class? An investigation of globalisation, difference and international student mobility.Transactions of the Institute of British Geographers. 37(1). pp.118-131. Frambach, J. M., and et. al., 2012. Rethinking the globalisation of problem‐based learning: how culture challenges self‐directed learning.Medical education. 46(8). pp.738-747. Furlong, J., 2013, January. Globalisation, neoliberalism, and the reform of teacher education in England. InThe educational forum(Vol. 77, No. 1, pp. 28-50). Taylor & Francis Group. Online Barclays. 2019. [Online] Available through: <https://www.barclays.co.uk/>./ 4