The Concept of Globalisation - PDF
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Added on 2021-02-19
The Concept of Globalisation - PDF
Added on 2021-02-19
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Research Form
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 aquestion, objective or hypothesis)To study the role of globalisation in driving business success . A case onVodafone PLC.Aim:To analyse role of globalisation in driving business success. A study onVodafone PLC.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?):Research objectivesTo study the concept of globalisation.To determine the factors of globalisation which assist in business success ofassociation.To ascertain the benefits of globalisation for company.Recommend the measures through which global platform can use for organisationalsuccess of enterprise.Research questionsDo you have knowledge about globalisation?What are the factors of globalisation which assist in business success of association ?
What are the benefits of globalisation for company ?What are some ways through which global platform can use for organisational successof enterprise ?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):This investigation topic is related to gathering information about organisational growth anddevelopment and this topic is concurrent in current market because this is the core objectivefor an association. With conducting investigation on this topic, it is easy for reader andresearcher to understand about objectives which are specific and affects business growth anddevelopment (Stiglitz, 2017). Researcher have interest in operating business at internationallevel, so in future it is easy for making policies through which they can get success andgrowth of association. This investigation is important because this also provides knowledgeabout issues which arise while operating at international level. Section Three: Literature sources searchedUse of key literature sources to support your research question,objective or hypothesis: Concept of globalisationAs per view of Fredrik Erixon, 2019 Globalisation refers to the process through whichproduct and services are offered in more than one country because of job expansion andincreasing trade in different parts of country. So organisation have more scope and growth inindustry. When business operates at global level, then there is change in working style ofassociation. At global level, there are many consumers, so in order to get positive impact of it,managers must analyse demand and then plan for launching of services (Crane and et. Al.,2019). Globalisation leads to growth and development of organisation because scope ofworking increases, so sales and profits of overall organisation increases. There is requirementof proper planing with the help of which growth prospective are more.Factors of globalisation which assist in business success of associationGlobalisation is not one night process, managers of association must understandchanges which are taking place in market, through which possibilities of growth for company
is more. According to Smriti Chand, 2019 there are some factors such as availability ofmarket and resources, taxes and policies, etc. which affects business operations atinternational market. If these factors are not covered by managers of organisation then growthis not possible. As there are many competitors operating in telecommunication sector, so it isessential for managers to understand their policies and provide best services to consumers(Charles Jr, Schmidheiny and Watts, 2017). Benefits of globalisation for companyGlobalisation of business is done for enhancing sales and profits. Managers cancompete with major brands as well. They make strategies to improve performance oforganisation because at international level, there is requirement of more perfection throughwhich brand loyalty can be maintained. According to Tejvan Pettinger, 2017 there are somebenefits of globalisation such as free trade, availability of resources, increment in sales,achieving economies of scale, etc. When there is increment in consumer base, then productioncost gets reduced due to which price for consumer also goes down. Hence consumers alsoprefers to avail services from Vodafone PLC (Adekola and Sergi, 2016). Measures through which global platform can use for organisational success of enterpriseThere are so e factors which has to be considered by managers of company whilethey are operating in different countries because of globalisation such as difference in culture,relations among political parties, etc. In order to get success in industry, it is essential andrelevant to evaluate rating among competitors. There must be hiring of local expertisepersonnel through which local rules and regulations can be known and changes can be made.This reduce government interference (Laszlo and Cescau, 2017). There are some regulationsand documentation which has to be followed, so in this case knowledge about it has to beacquired because operating in specific designation. This increase possibilities of growth anddevelopment in international market. Research Gapin this investigation there will discussion about ways through which mangers can performactions for making business at hype. There are many problems as well related ton change inpolicies, understanding changes which are taking place in market. So it is easy to understanddifferent ways with the help of areas which has to covered properly understood. There willdiscussion about requirement of resources, change in legal laws and regulations, etc. which
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