The Impact of Globalisation on Corporate Structures of Multinational Companies

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This research project focuses on analyzing the impact of globalisation on the corporate structures of multinational companies, using Centrica Plc as a case study. It examines the challenges faced by these companies and the role of corporate structure in managing operations. The study aims to provide insights into the influence of globalisation on multinational corporations and offer recommendations for effective corporate structures.
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Research Project
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Table of Contents
Title: ................................................................................................................................................1
Chapter 1: Introduction ...................................................................................................................1
Chapter 2: Literature Review ..........................................................................................................4
Chapter 3: Research Methodology ..................................................................................................7
Chapter 4: Data Analysis and Interpretation..................................................................................13
Chapter 5: Research Outcome ......................................................................................................23
Covered in Ppt .....................................................................................................................23
Chapter 6: Reflection & Recommendation for Alternative Research Methodology.....................23
Conclusion ....................................................................................................................................25
References......................................................................................................................................26
Appendix .......................................................................................................................................28
Research Proposal Form.......................................................................................................28
Research Ethics approval form.............................................................................................35
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Title:
"The impact of globalisation on the corporate structures of large multinational companies
and the major challenges they face".
Chapter 1: Introduction
Overview of the Research
In the modern world, businesses are exist within convoluted environment, which is
instantly affected by the aspect of globalisation. Therefore, in today's complex organisational era,
the potential motive of businesses is to achieving significant progress and for this, enterprises are
requires to adopt perpetually dynamical and develop situations of international market.
Multinational corporations works as an agent of globalisation and at the same situation, many
international business are also influenced by globalisation in different paths they may benefited
or not (Hanson and et. al., 2016). In addition to this, globalisation is efficacious in rendering
opportunities to the organisations to execute international operations in efficacious manner and
for maximising business operations it is needed for an organisation to maintain an effective
corporate structure which in terms of performing a vital role in managing organisational
operations in systematic manner. In the present research work Centrica Plc, is the selected
association as it is a British global energy and gas service providing organization. The essential
thought of the business is to enhance its operations at worldwide scale by executing an
appropriate utilization of corporate structure, in this way, this is successful in orderly execution
of research activities. The significant intention of the investigation is encompasses over
analysing the possible control of globalization on the Embodied artefact of worldwide business
and the key difficulties they face (Hitt, Ireland and Hoskisson, 2012). Literature review is created
for giving hypothetical help to the work and suitable selection of techniques helps in executing
the work in right way. Furthermore, Data analysis is powerful in assessing the information
through the help of thematic analysis. At the end conclusion or recommendation are developed
that are supported over the outcome of the investigation.
Background of the Research
Globalisation has mainly evolved due to the trend for developing international business
across the national borders and the execution of a enterprise dealings in more than one country
(Javadian and Singh, 2012). However, Economic process is effectual in developing opportunities
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for many countries to experience economic growth. In this study, proper investigation is based
on the organisation, Centrica Plc., it is a wide British multinational energy and service provider
company. It is a public listed company which operated at wider level. The headquarter of the
firm is in Windsor, Berkshire. Centrica Plc mainly deals in supplying gas and electricity to the
customers or businesses in the United Kingdom, North America and Ireland. The company was
founded by the significant efforts of Charles Berry in the year of 1997. The net income of the
firm is around £0.242 billion, therefore, the primary concern of the business is to systematically
arrange organisational operations by considering the aspects of embodied constitution for the
purpose of lower down the risk in exploring business operations at global level (Jenkins and
Williamson, 2015).
Rationale of the Research
The present consideration of this work is to determining the impact of economic process
on the corporate constitution of global business and the key conflicts they face. This is a wide
area of examination which is efficacious in addressing the investigation issue via the accretion of
effectual and certain data. This study is efficacious in exploring thought and cognition base of
individual and researcher in the selected subject region, thus it is effective for providing personal
and professional development to the individual (Kumar, 2019). The present study is also
effectual in providing an effective assistance in properly execution of future plan connected with
the related area of survey in effective manner. The potential reason for executing the study over
this topic is to determining the impinging of globalisation on the embodied structure of an
organisation, thus it is important for a enterprise to follow corporate norms in order to achieving
growth at global level (Laszlo and Cescau, 2017).
Research Aim
"To analyse the potential influence of globalisation over the corporate structure of
multinational organisations and the key challenges faces by them". A Case Study on Centrica
Plc.
Research Objectives
The key objectives that are supportive in analysing the investigation issue are described
as below:
To understand the concept of globalisation in terms of defining multinational businesses.
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To determine the role of the corporate structure of Centrica Plc in the proper execution of
organisational operations.
To access the potential impact of globalisation in maintaining a proper corporate structure
for a multinational corporation. To identify the challenges that affects the functioning of Centrica Plc at global level.
Research Questions
The major questions of this investigation that covers aim and objectives are associated as
below:
What is the concept of globalisation in terms of defining multinational businesses?
What is the role of the corporate structure of Centrica Plc in proper execution of
organisational operations?
What is the potential impact of globalisation in maintaining a proper corporate structure
for a multinational corporation?
What are the key challenges that affects the functioning of Centrica Plc at global level?
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Chapter 2: Literature Review
Literature review is mainly outlined as a broad summary of the past investigation, that aid
the research in carry out the present exploration in significant way and develops an effective
abstractive model which supports the results in viable manner. This area of research is mainly
rely upon implementation of detailed evaluation through accumulation of information from
secondary tools (Lee, Shin and Park, 2012). Literature Review is mainly developed with the
support of secondary sources i.e. books, journals, published investigation articles etc. In the
existent research work, literature review is executed for effectively determining the determinant
of monetary course over the personified construction of a multinational corporate and the state of
affairs they face. This sections is impelling in processing an effective abstractive structure that
assist the overall investigation in right direction to reaching at key outcome (Lepoutre and et. al.,
2013).
The concept of globalisation in terms of defining multinational businesses
As per the opinion analysis of Hasan Ali Al-Zu'bi, 2014, Globalization is refers as a
viable technique of interaction and connection in between the individual, business or
administration of different regions. In addition to this, it is also defined as the process which is
driven through global conversation and speculation and assist through information device (Tan
and Wong, 2015). Globalization has breaking the fringe among the country and viable in
expanding unhindered commerce that aid financial joining of a nation or district. In this way, A
global organization is an organisation that takes part in foreign direct investment and possesses
exercises in more than one nation, thus globalisation is mainly works as the key strategic step
which is taken by the businesses to attain growth. In terms of international corporation, economic
process is effective in terms of processing opportunities that are efficacious for the business in
achieving growth and success. Multinational businesses has mainly facilitates and other assets in
at least one state other than its home region. The key causative of multinational organisation is to
explore its operations at wider level through the support of globalisation, therefore the process of
globalisation is mainly effective for the business in terms of providing them opportunities to gain
progression within market places.
The role of the corporate structure of Centrica Plc in proper execution of organisational
operations
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According to the opinion stated by Rick Suttle, 2019, Corporate constitution is an
effective aspect which refers as a way in which business are requires to arrange their operations
in effective manner. A proper corporate structure helps a business in systematically arrange its
operations and attain growth via the completion of work in proper manner. Centrica Plc is a wide
British International energy and service distributor company, that is mainly concern over
implementing an effective embodied artefact in respect to fast working of organisational
operations at global level. However, corporate construction is defined as a aggregation of
multiple departments that are efficacious in contributing a huge efforts in the attainment of
business objectives and goals (Zajda, 2015). In terms of Centrica Plc, corporate structure
performs effective participation in aiding the overall business transaction in effective manner,
The key role of corporate structure are associated as below:
Encouraging Efficiency: This is the key role which is mainly performed by the businesses or its
management in effective implementation of corporate structure, thus businesses are concern over
implementing its operations in the way they produce or offer its products and services, thus this
is effective for a business in achieving progression and development at global level. The
management of a business is mainly performed a vital role in encouraging employees to develop
their potential to perform an organisational activity in efficacious way (Taylor, Bogdan and
DeVault, 2015).
Optimum Utilisation of Resources: A decent embodied cognition is effectual in managing
organisational resources in effective manner via appointing right person on right task. An
effective corporate structure helps Centrica Plc in assisting the management of business in right
manner to make appropriate utilisation or resources, thus the higher management of Centrica Plc
is mainly focuses over engaging their business operations within corporate structure as it is
effectual in systematic management of operations via suitable use of resources.
The potential impact of globalisation in maintaining a proper corporate structure for a
multinational corporation
As per the opinion analysis of Andrew Button, 2018, Multinational corporations are
refers as the businessperson of economic process, therefore in the same situation, many
international businesses are also get affected through the aspect of globalisation, in ways they
may or may not gain success. Globalization is a more extensive term which has a powerful
positive effect over keeping up a legitimate corporate structure for a worldwide partnership.
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Accordingly, in the cutting edge business condition, the key thought process of every little just as
huge business ventures is to accomplishing significant growth and attainment through the means
of actualizing appropriate business activities. However, corporate structure is efficacious for a
business in systematically arrange its operations and reducing the chances of errors and
conflicts. Globalization is successful in providing a powerful path to the business to extend its
operations at worldwide level and increase tremendous scope of advantages and development,
However, for accomplishment of development it is significant for the organizations to direct
tasks inside corporate structure as it is viable in diminishing the odds of contentions and mistakes
(Tiwari and Herstatt, 2012). Subsequently, globalization has constructive effect on the systematic
execution of a business. In the context of multinational business, globalisation is mainly works as
the strategic primal that is efficacious in terms of processing possibility for the business at wide
level to gain benefit.
The challenges that affects the functioning of Centrica Plc at global level.
According to the views provided by Tanza Loudenback, 2016, in the current changing
organisational environment, business has facing various challenges that affects its overall
functioning at global level. Globalisation is a process, through which businesses are connecting
with the globe and explore its operations at global level. Centrica Plc, is a huge British
worldwide energy and gas suppliers which is principally worry over achieving higher
development and accomplishment at commercial centre. There are numerous difficulties like
Incertitude regarding future, Tariffs and fare expenses, human asset, hierarchical
correspondence, new culture and so forth that influences the working of Centrica Plc at
worldwide level. These are the key challenges that are arises during expansion of business at
global level (Vom Brocke, Petry and Gonser, 2016). Company has mainly facing the issue of
uncertainty about the future, thus businesses are very much concern about gaining benefits in
terms of profitability and globalisation has enduring issues related with future perspective, thus
businesses are not really sure for gaining absolute benefit.
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Chapter 3: Research Methodology
This defines as an effective systematic or theoretical assessment of techniques which are
adopted to gather, assemble and evaluate information to a specific filed of study (Mahmood and
Hanafi, 2013). This part of research is supported on contrary tools which are capable for
providing significant assistance to the investigation and reaching at the potential outcome.
Type of Investigation
The potential responsibility of the researcher is to pick the suitable sort of research
through the ultimate objective of arrival at the possible results via the support of data which is
assembled through the investigator. This portion of the exploration is generally incorporates
multiple types i.e. qualitative and quantitative research (Mamic, 2017). In the existing work,
qualitative research is the suitable methodology as it is feasible in rendering clear research on the
region of determining the possible determinant of economic procedure over the personified
arrangement of a multinational organisation and the conflicts that they face. Qualitative research
is also effective in aid the exploration in accurate way as this is suitable in conducting detailed
analysis by executing in-depth appraisal of the investigation. Therefore, qualitative research is
mainly effective in gathering detailed information via observation of participants, thus this is
effective in providing efficacious data that are based on concepts, theories, hypothesis and
participants observation. Qualitative research is a best way to gather appropriate and detailed
information that are suitable for drawing valid and reliable outcome.
Research Design
This signifies as the other significant area of the methodology as it is mainly recognised
through the investigator during the course of investigation. Consequently it works as a structure
of various applications and techniques which are chosen through the researcher to implementing
exploration work in most appropriate way to deal with exploration issue (Mathews and Yang,
2012). This part is mainly incorporating over descriptive, exploratory and experimental
investigation design. In the current zone of research activities descriptive investigation design
has been essentially executed through the investigator, as this is the most efficacious technique in
providing detailed assessment on the chosen survey area or this strategy is likewise effective for
qualitative investigation. Therefore, it is significantly applied for qualitative investigation and
helps on describing the characteristics of the population and phenomenon which is being studied.
Thus descriptive research design is primarily focuses over determining the nature of a
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demographic area without concerning on the reason of particular issue occurs. Descriptive
research design is effective in providing appropriate details that are supportive in conducting
descriptive analysis for analysing a particular issue in effective manner.
Research Approach
This portion of an investigation performs an essential position in rendering suitable way
to the investigator to finish the research actions in significant way. Investigation approach is of
two sorts likewise, inductive and deductive investigation approach as these two are effective in
providing essential assistance to the investigator to gather valuable data via the support of
implementing theories and hypothesis (Mura, 2012). In the current investigation, inductive
research approach is utilized through the researcher as it is practical in giving sensible
information via the support of applying appropriate models and hypothesis. Along with this,
inductive approach is moreover most suitable for determining qualitative work in efficacious
manner. The potential reason for choosing this research is that it is mainly based on observations
and theories that are supportive in analysing the investigation issue in appropriate manner and
proceed towards reaching at the significant result. Therefore, the present study is based on
analysing the impact of globalisation on the corporate structures of large multinational
companies and the major challenges they face, thus in this suitable concepts, hypothesis and
theories are mandatory for executing detailed analysis, as observation has taken place in
gathering fact full information from the human participants to drawing actual results.
Research Philosophy
The most ideal theoretical assurance is needed for an assessment to finish the activity in
correct manner to depict genuine and positive outcome. Investigation philosophy is mainly relay
over two types, i.e. positivism and interpritivism research philosophy, therefore these two are
effectual in given that appropriate direction to the chosen study via providing relevant
information (Rahimnia and Hassanzadeh, 2013). In the existing exploration work, interpritivism
philosophy has been taken into proper consideration as it is efficacious in given that
comprehensive data over the qualitative work via the hold up of belief evaluation of authors and
writers. Therefore, Interpretivisim philosophy is suitable for analysing the influence of
globalisation on the corporate structures of large multinational companies and the major
challenges they face as it is primary integrates human interest and it is effectual in providing
suitable data that are relay upon a individual's own study and observation. Moreover,
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Interpretivisim research usually focus on meaning and may employ multiple methods in order to
reflect different aspects of the issue.
Data Collection Sources
The major obligation of an investigator is to pick the appropriate origin of information
accumulation for the explanation of drafting possible outcomes that are supportive for the work
in gathering valuable data. The data gathering in a research is depends on primary and secondary
source of information aggregation, in this way both the tools are suited in transferral out the
work in right manner. In the current analysis field primary and secondary sources are used by the
investigator (Robertson and Dale, 2015). Nonetheless, primary research is efficacious in
collecting information that is viable for the enquiry as in this information are gathered which are
new in nature. In the primary research data has been assembled by survey, questionnaire,
interview, focus group and so on. In the existing investigation primary data is assembled by
administrating a survey through the help of preparing a questionnaire. Thus, survey is effective
in gathering information from the wider population and provide information with original facts
and figures. On the opposite side, secondary research is conducted to preparing an effectual
abstractive structure through the support of secondary origin like, books, journals, newspapers,
published research articles and so on. Therefore, this section mainly providing detailed
evaluation over the chosen phenomenon, thus this is effective in developing the understanding of
the researcher or learner in relation to the chosen investigation area. However, in this detailed
investigation is mainly relay upon concepts, theories, proper theoretical data. The major
advantage of primary study is that, it is effective in gathering information that are fresh and only
gathered for a specific research phenomenon. Therefore, questionnaire is appropriate in
gathering information from wider area and effectively analysing the views of people. Therefore,
the pitfall of primary research is that it is quite time consuming in nature and individual's are not
really concern about providing information just because of the issue of leaking of their personal
data (Savrul, Incekara and Sener, 2014). On the other side, secondary research is equally
significant for gathering information that are effective in developing understanding regarding to
a specific phenomenon. Thus the major merit of secondary investigation is that it provides in-
depth study through using past investigations, published and non published articles, books,
journals etc. The demerit of this segment is that, a wrong selection of information sources may
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leads the work in wrong direction, so researcher needs to make sure the authenticity of the
information.
Data Analysis Tools
This is the most imperative part of an investigation thus it is effective in identifying,
determining and analysing the information in effective manner. Therefore, proper analysis is
important in drawing an effective outcome via conducting proper analysis over the information
that are accumulated by the researcher on a specific area. Thus, in the case of this present
investigation work, thematic analysis is being applied by the researcher as it is effective in
execution of proper analysis over the area of identifying the impact of globalisation on the
corporate structures of large multinational companies and the major challenges they face. The
major merit of this method is that, it is well suited to vast data bases and it is mainly applied on
qualitative research (Shenkar, Luo and Chi, 2014). However, thematic analysis tool is efficacious
in conducting proper analysis over the research phenomenon, which covers the aim and
objectives of the research. The major pitfall of this tool is that, it recognised as the most flexible
tool, which can lead to inconsistency and a lack of coherence when interoperate themes that are
derives through an investigation information.
Data Sampling
Sampling is defined as the method by, which people from an original population are
chosen for the gathering viable substance via the knowledge evaluation of the responsive in order
to performing research task by considering the objective (Shim and Yang, 2016). This area
depends on probabilistic and non-probabilistic data sampling instrument. Along with this, in the
existing exploration area information is being accumulated via random sampling method from
the area of non-probabilistic sampling tool. The sample size of 40 responsive has been taken into
proper regime by the researcher, as this number of individual's are enough in providing reliable
information.
Ethical consideration
The fundamental idea of an investigator is to follow the research morals with the ultimate
objective to do the investigation exercises in correct manner. While implementation of an
investigation work researcher has face various issues which are needs to be accomplished
through the investigators to pushing ahead in accurate manner (Silverman, 2016). The key duty
of the researcher is to guarantee their responsive related to the area of safety and security of their
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private data as the respondents are having issue in non reliable use of their private information.
The researcher also requires to design a suitable time scale in that all investigation actions are
mentioned with proper time duration in that it is requires to be completed. This step is effectual
in culmination of the exploration within the given time duration.
Time Scale
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Chapter 4: Data Analysis and Interpretation
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Theme 1) People are aware about the concept of globalisation in the context of multinational
business.
Q1) Are you aware about the context of globalisation in the context of
multinational business?
Frequency
Yes 38
No 2
Interpretation:
As per the portrayal of the given diagram it can be deciphered that 38 out of 40
individuals knows in regards to idea of globalization with regards to worldwide organisation as
they are having huge information about the cognition and left over people are not in support with
cognition to they are likely not mindful about the region of globalization.
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38
2
Yes
No
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Theme 2) Managing corporate structure is efficacious for an organisation in achieving
sustainability at global level.
Q2) Do you think that, managing corporate structure is effective for a business in
achieving growth at global level?
Frequency
Yes 36
No 4
Interpretation:
As per the depiction of the given diagram it can be evaluated that 38 out of 40 individuals
aware in regards to the idea of globalization with detail to worldwide organisation as they are
having huge information about the equivalent and remaining people are not in favour with
cognition to they are most likely not mindful about the zone of globalization.
15
36
4
Yes
No
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Theme 3) It is essential for an organisation to precede embodied structure to become globalised.
Q3) According to you, it is essential for an organisation to follow corporate
structure to become globalised?
Frequency
Yes 37
No 3
Interpretation:
As indicated by the internal and out examination of the project it has been resolved that
36 out of 40 person's are in assistance with the thought that overseeing corporate structure is
successful for a business in achieving development at worldwide level and staying person's are
not in aid with the cognition.
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37
3
Yes
No
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Theme 4) There are multiple role of corporate structure of Centrica Plc on the suitable
implementation of business functions at global level.
Q4) What is the role of the corporate structure of Centrica Plc over the proper
execution of organisational operations at global level?
Frequency
Encouraging efficiency 12
Optimum use of resources 8
Job satisfaction 10
Systematic execution of operations 10
Interpretation:
As per the itemized examination of overview study it has been deciphered that 37 out of
40 individuals said that it is significant for a business to pursue corporate structure to become
globalized, along these lines corporate structure is executable in providing an efficient course to
the specialist to achieve development and leftover people are not in assistance through the
equals.
17
12
8 10
10
Encouraging efficiency
Optimum use of resources
Job satisfaction
Systematic execution of
operations
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Theme 5) Multiple kind of influence does globalisation have in maintaining a proper corporate
structure for Centrica Plc.
Q5) Which kind of influence does globalisation have in maintaining a proper
corporate structure for Centrica Plc?
Frequency
Positive 36
Negative 1
Neutral 3
Interpretation:
According to the investigating of the paper it can be assessed that there are distinctive job
of embodied constitution of Centrica Plc on the best possible implementation of hierarchical
actions at global level. 12 out of 40 are supportive of empowering productivity, 8 are go with
Optimum utilization of assets, 10 are taking the choice of Job fulfilment and leftover are
accordant to Systematic execution of activities. Elucidation:
18
36
1
3
Positive
Negative
Neutral
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Theme 6) There are different key challenges that affects the functioning of Centrica Plc at global
level.
Q6) What are the key challenges that affects the functioning of Centrica Plc at
global level?
Frequency
Uncertainty about future 7
Tariffs and export fees 13
Unfamiliar Culture 10
Organisational Communication 10
Interpretation:
From the exploration of the overview report it can be imposing that there are diverse key
difficulties that influences the working of Centrica Plc at worldwide level. 7 out of 40 people are
agreeable to vulnerability about future, 13 individuals are go with taxes and send out expenses,
10 people are go with new culture and leftover are adjuvant of hierarchical correspondence.
Understanding:
19
7
13 10
10
Uncertainty about future
Tariffs and export fees
Unfamiliar Culture
Organisational
Communication
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Theme 7) There are different key factors associated with globalisation that affect multinational
businesses.
Q7) What are the major factors associated with globalisation that affect
multinational businesses?
Frequency
Increasing Competition 15
Exchange of Technology 10
Knowledge/Information transfer 15
Interpretation:
The above mentioned graph shows that there are different key factors associated with
globalisation that affect multinational businesses. 15 out of 40 individuals are in favour of
increasing competition, 10 are go with exchange of technology and leftover are in approval of
knowledge or information transfer.
20
15
10
15 Increasing Competition
Exchange of Technology
Knowledge/Information
transfer
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Theme 8) Different ways are implemented by Centrica Plc to address the issues that are arises
during expansion of business at global level.
Q8) What ways are used by Centrica Plc to address the issues that are arises due
to expansion of business at global level?
Frequency
Proper Understanding of Corporate structure 18
Developing skilled work force 10
Optimum utilisation of resources 12
Interpretation:
As per the assessment of the examination it has been translated that various ways are
executed by Centrica Plc to address the issues that are emerges during extension of business at
global basis. 18 out of 40 people are go with legitimate comprehension of corporate structure, 10
responsive are appurtenant of creating talented workforces and leftover are accordant to ideal use
of assets. Elucidation:
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18
10
12
Proper Understanding of
Corporate structure
Developing skilled work
force
Optimum utilisation of
resources
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Theme 9) The key need for a multinational organisation to conduct globalised business
operations.
Q9) What is the key need for a multinational organisation to conduct globalised
business operations?
Frequency
Higher market reach 10
Competitive Advantage 8
Brand Recognition 12
Maximisation in profitability 10
Interpretation:
As per investigation of the chart it can be distinguished that, 10 out of 40 individual said
that higher market reach is the key necessity for a worldwide hierarchical to direct globalized
organsiation activities and 8 respondents are go with upper hand, 12 are agreeable to mark
notoriety and remaining people are supportive of augmentation in gainfulness.
22
10
8
12
10
Higher market reach
Competitive Advantage
Brand Recognition
Maximisation in profitability
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Chapter 5: Research Outcome
The research into actual action is based on analyse the potential influence of globalisation
over the corporate structure of multinational organisations and the key challenges faces by them
and in this, The outcome of the research are mainly discussed with the stakeholders who are in
connection with the affair of Centrica Plc. Thus the major stakeholders of the research involves,
managers, shareholders, employees, customers of the firm. Therefore, these stakeholders are
effective in providing relevant information and analysing the issue in appropriate manner.
Chapter 6: Reflection & Recommendation for Alternative Research
Methodology
The research into thinking is depend on determining the significant impact of economic
process on the systematic construction of an organisation and the issues it faces. The sphere of
investigation is wide as the research has provide suitable information in regards to overcome the
issue in suitable way. In this present work, Centrica Plc is selected to execute the activities in
significant way as it is a large company on which information accumulation is effective. As per
the detailed analysis of the project it is being recommended that as a wider energy and gas
business its is important for Centrica Plc to analyse the customers need regarding the facilities
they offered, thus this is effective in exploring the business operations at global level. It has also
been recommended to Centrica Plc, to follow business ethics in respect to maintaining
organisational transaction at corporate structure, therefore, this is important in systematic
execution of business operations.
It is a pleasure for me to get a chance to conduct an investigation over the area of
analysing the influence of economic process over the corporate structure of a multinational
corporation and the issues they face. The existing investigation area is effectual for me in
developing my academic skills and enhance my aptitude regarding the areas of implementing
investigation activities in right manner. During the implementation of an investigation, I have
achieved stacks of comprehension, as this examination is effective for me in exploring my own
skills and capability that would be effective for me in conducting my future projects in more
liable manner. My participation in the execution of investigation is so incredible, as my data
gathering limit has redesigned which enhance motivation in me to execute investigations related
with the similar area of work in more viable manner, thus with the help of enhanced skills in data
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collection, it is effective for me to execute any research in proper manner. Problems and issues
are undesirable in cause; in this manner I have confronted various issues in the procedure of
research. In any case, data collection is the significant issue as I have confronted troubles in
determination of appropriate sources that are liable in providing fact full data, that assist the
activity in exact way. In this way, the study scope is wide and the responsibility of gathering
valuable information is high and I have faced issue in selecting the most appropriate source. The
other cognitive content featured by me is the assent of responsive, as individuals are not so much
prepared to give appropriate data as they are worry about leaking of their personal information.
The current investigation additionally encourages me in enhancing my capacity to pick
most appropriate methodologies to conduct the activity in right manner. As per my own
perception I have seen that, the existing investigation is based on qualitative research as it is
efficacious in providing detailed investigation which assist the investigation by descriptive
research design and inductive methodology. Along with this, these methodologies are suitable in
execution of qualitative research. Although, as I have been recognising that, qualitative research
is mainly being selected because it is effective in providing detailed analysis via using concepts,
theories, hypothesis and participants observation. In addition to this, my knowledge regarding
the other methodologies has also developed as I have been knowing that, the selection of design,
philosophy and approach is based on the nature of investigation, So in this descriptive design is
being applied as it is most suitable tool for qualitative research and provide descriptive analysis
via observing human perception. Hence, interpritivism philosophy and inductive approach are
also being implemented as these two are supportive in conducting qualitative investigation and
providing information via the help of observing humans perception, appropriate implementation
of hypothesis and theories. Furthermore, in this investigation work primary and secondary both
the sources are applied through the researcher as these two are solid in drafting genuine
outcomes. secondary sources like books, diaries, online sites and so on are compelling in
creation of literature review and I have additionally observed that, primary origin are used to
assemble new information through conducting a study, in that a survey is set up to accumulate
information from the perspectives union of respondents.
For the effective implementation of a research work, it is important for the researcher to
collect data via the appropriate resources as there are different source like interview, focus group,
questionnaire, survey etc. for gathering valuable data. Among the choices interview is the best
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and pertinent research source that can likewise be used by the researcher at the place of
questionnaire for collecting primary information. Yet, in the current investigation setting,
questionnaire is being applied as in this consumption of time is less and also effectual in
rendering a wider area to gather data from wider group of people. In this manner, Interview is
time consuming process as in this data gathering is relay upon personal observation. It is a
moderate procedure in light of the fact that in this data collection depends on personal interview
sessions.
The overall study is effective for me in determining the use of research methodologies
that are effective in executing the work in right manner and assisting the overall work towards
reaching at the potential outcome. This study is efficacious for me in effectively implementing
the use of methodologies in my future projects, as now I am able to finalising the most suitable
methodology for assisting the work in right direction. Therefore, this study will be supportive for
me in executing the my future projects in most effective manner, which will also beneficial for
me in developing effective research via using the developed skills in relation to the phenomenon
of methodologies. From the detailed evaluation of the project, I have been considering various
improvements in my knowledge regarding the implementation of methodologies, thus my
experience of execution of a research is enhanced, which will be very much progressive for me
in attempting my future projects in more effective manner and by this my professional grads will
also improved.
Conclusion
As per the descriptive evaluation over the chosen subject area it has been concluded that,
the operations of a business and its corporate structure. As per the evaluation of the study it has
been identified that, businesses are concern on utilise their dealings according to the corporate
structure in respect to achieving growth and success, therefore a proper corporate structure helps
a business in execution of systematic arrangement of organisational operations.
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References
Books and Journals
Hanson, D., and et. al., 2016. Strategic management: Competitiveness and globalisation.
Cengage AU.
Hitt, M. A., Ireland, R. D. and Hoskisson, R. E., 2012. Strategic management cases:
competitiveness and globalization. Cengage Learning.
Javadian, G. and Singh, R. P., 2012. Examining successful Iranian women entrepreneurs: an
exploratory study. Gender in Management: An International Journal. 27(3). pp.148-
164.
Jenkins, W. and Williamson, D., 2015. Strategic management and business analysis. Routledge.
Kumar, R., 2019. Research methodology: A step-by-step guide for beginners. Sage Publications
Limited.
Laszlo, C. and Cescau, P., 2017. Sustainable value: How the world's leading companies are
doing well by doing good. Routledge.
Lee, Y., Shin, J. and Park, Y., 2012. The changing pattern of SME's innovativeness through
business model globalization. Technological Forecasting and Social Change. 79(5).
pp.832-842.
Lepoutre, J. and et. al., 2013. Designing a global standardized methodology for measuring social
entrepreneurship activity: the Global Entrepreneurship Monitor social entrepreneurship
study. Small Business Economics. 40(3). pp.693-714.
Mahmood, R. and Hanafi, N., 2013. Entrepreneurial orientation and business performance of
women-owned small and medium enterprises in Malaysia: Competitive advantage as a
mediator. International Journal of Business and Social Science (IJBSS). 4(1). pp.82-90.
Mamic, I., 2017. Implementing codes of conduct: How businesses manage social performance in
global supply chains. Routledge.
Mathews, G. and Yang, Y., 2012. How Africans pursue low-end globalization in Hong Kong
and mainland China. Journal of Current Chinese Affairs. 41(2). pp.95-120.
Mura, L., 2012. Performance of human resource management in an internationally operating
company. Serbian Journal of Management. 7(1). pp.115-129.
Rahimnia, F. and Hassanzadeh, J. F., 2013. The impact of website content dimension and e-trust
on e-marketing effectiveness: The case of Iranian commercial saffron corporations.
Information & Management. 50(5). pp.240-247.
Robertson, S. L. and Dale, R., 2015. Towards a ‘critical cultural political economy’account of
the globalising of education. Globalisation, Societies and Education. 13(1). pp.149-170.
Savrul, M., Incekara, A. and Sener, S., 2014. The potential of e-commerce for SMEs in a
globalizing business environment. Procedia-Social and Behavioral Sciences. 150.
pp.35-45.
Shenkar, O., Luo, Y. and Chi, T., 2014. International business. Routledge.
Shim, K. and Yang, S. U., 2016. The effect of bad reputation: The occurrence of crisis, corporate
social responsibility, and perceptions of hypocrisy and attitudes toward a
company. Public Relations Review. 42(1). pp.68-78.
Silverman, D. ed., 2016. Qualitative research. Sage.
Tan, L. P. and Wong, K. Y., 2015. Linkage between knowledge management and manufacturing
performance: a structural equation modelling approach. Journal of knowledge
management. 19(4). pp.814-835.
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Taylor, S. J., Bogdan, R. and DeVault, M., 2015. Introduction to qualitative research methods: A
guidebook and resource. John Wiley & Sons.
Tiwari, R. and Herstatt, C., 2012. Assessing India's lead market potential for cost-effective
innovations. Journal of Indian Business Research. 4(2). pp.97-115.
Vom Brocke, J., Petry, M. and Gonser, T., 2016. Business process management. In A Handbook
of Business Transformation Management Methodology (pp. 137-172). Routledge.
Zajda, J., 2015. Globalisation and its impact on education and policy. In Second international
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Dordrecht.
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<https://www.researchgate.net/post/How_do_you_define_Globalization>.
Suttle, R., 2019. Roles of Organizational Structure. [Online]. Available Through:
<https://smallbusiness.chron.com/roles-organizational-structure-3795.html>.
Button, A., 2018. The Effects of Globalization on Multinational Corporations. [Online].
Available Through: <https://bizfluent.com/info-8229550-effects-globalization-
multinational-corporations.html>.
Loudenback, T., 2016. Biggest problems in the world today, according to millennials. [Online].
Available Through: <https://www.businessinsider.in/strategy/the-10-biggest-problems-
in-the-world-today-according-to-millennials/articleshow/53831626.cms>.
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Appendix
Research Proposal Form
Student Name: ______________________ Student ID:
____________
Centre Name: _____________________
Tutor: ________________ Date:
___________________
Unit: ____________________
Proposed Title: ___"The impact of globalisation on the corporate structures of large
multinational companies and the major challenges they
face".___________________________________________
Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of a question, objective or
hypothesis)
"To analyse the potential influence of globalisation over the corporate structure of
multinational organisations and the key challenges faces by them". A Case Study on Centrica 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 find out?):
Research Objectives
To understand the concept of globalisation in terms of defining multinational businesses.
To determine the role of the corporate structure of Centrica Plc over the proper execution of
organisational operations.
To access the potential impact of globalisation in maintaining a proper corporate structure for
a multinational corporation. To identify the challenges that affects the functioning of Centrica Plc at global level.
Research Questions
What is the concept of globalisation in terms of defining multinational businesses?
What are the role of the corporate structure of Centrica Plc over the proper execution of
organisational operations?
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What is the potential impact of globalisation in maintaining a proper corporate structure for a
multinational corporation?
What are the key challenges that affects the functioning of Centrica Plc at global level?
Section Two: Reasons for choosing this research project
Reasons for choosing the project (e.g links to other subjects you are studying, personal
interest, future plans, knowledge/skills you want to improve, why the topic is important):
The study into consideration is based on the potential influence of globalisation over the corporate
structure of multinational organisations and the key challenges faces by them. It is a wide area of
investigation work which is executed for the personal interest of the researcher. Therefore, the
investigator wants to explore the idea and knowledge base regarding the chosen subject area which
could be effective for the investigator in attaining success on their future projects. The another
reason for execution of the study is that, it is effective in developing the personal and professional
ability of an individual which could be effective for them in attaining growth. This study is
important, as in this the chosen subject area of common on which each individual is requires to have
suitable knowledge and the study helps learners, researcher and other individuals in enhancing their
knowledge.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
The concept of globalisation in terms of defining multinational businesses.
According to the views stated by Margaret Rouse, 2019, globalisation is refers as the process in
which individual, ideas and products are spread throughout the globe, therefore more interaction and
integration has been taken place within the government, culture and economies of the globe. In
another word, globalisation is also define as the integration of market within the world wide basis,
that are assisting to the developed interconnectedness of national economies. A multinational
company or global enterprises is recognise as a corporate business which owns or controls
production of products and services in at least one host country other than its home country.
Globalisation is a wider term which plays effective role in development of multinational businesses
at wider scale. Globalisation is effective in developing opportunities for the businesses to attain
growth at wider level.
https://searchcio.techtarget.com/definition/globalization
The role of the corporate structure of Centrica Plc over the proper execution of organisational
operations.
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As per the views expressed by Venkatesh, 2019, corporate structure is refers as a combination of
multiple departments which contributes to the businesses overall goals and mission. Corporate
structure is mainly define as a way in which organisations are systematically arranges its operations
for the purpose of reaching at the potential target. In the context of multinational corporation,
corporate structure plays vital role in assisting the overall organisational operations in well planned
and systematic manner. Therefore, this aids in attainment of higher growth by the smooth execution
of organizational operations. Centrica Plc is large British multinational energy and service company
which has its global presence. The company is concern over implementing their operations within
corporate structure as to assisting the work in right manner. Corporate structure plays vital role like
encouraging efficiency, communication, optimum use of resources, job satisfaction, creative
thinking, systematic execution of operations, effective decision making etc.
http://www.yourarticlelibrary.com/organization/organization-structure/organisation-structure-role-
steps-for-designing-and-its-features/53239
The potential impact of globalisation in maintaining a proper corporate structure for a
multinational corporation.
According to the opinion stated by Rob Wengrzyn, 2018, globalisation is a wider which which is
effective in providing a path way to businesses to explore their operations and functions at wider
scale for the purpose of attaining higher growth and success. Multinational corporations are the large
business organisations which are works for satisfying the needs of people at wider scale. The
primary motive of multinational corporations is to exploring businesses at global level for the
purpose of attaining higher growth and success. Globalisation has positive impact over maintaining a
proper structure for a multinational business, thus globalisation is providing opportunities to the
businesses to explore their operations at new domain and implement functions as per the corporate
structure in respect to maintaining the proper flow of operations and functions.
https://study.com/academy/lesson/globalization-and-organizational-structure.htmls
The challenges that affects the functioning of Centrica Plc at global level.
As per the opinion expressed by Bernard Marr, 2017, challenges and risks are uncertain in nature
and these are arises in any situation and affects the overall working of a business. Centrica plc is a
large British multinational company which has its high brand image. The company mainly operates
as the supplier of electricity and gas to the businesses and consumers in the UK. The motive of the
Centrica plc is to become the global brand through applying globalsiation as their key strategic
source. However globalisation is effective in developing the operations of the firm at wider basis.
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The company has also faces multiple challenges while globalising its operations like Uncertainty
about future, Tariffs and export fees, human resource, organisational communication, unfamiliar
culture etc. These are the key challenges which affects the operations of a firm at global level.
https://www.hiscox.co.uk/business-blog/the-10-biggest-challenges-businesses-face-today-and-
need-consultants-for/
http://blog.dynamiclanguage.com/what-are-the-8-main-challenges-for-companies-going-global
Section Four: Activities and timescales
Activities 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 the report): How
long
this
will
take:
Milestone one: _________________
Target date (set by tutor): ____________________
Milestone two: _______________________
Target date (set by tutor): ______________________
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Gantt Chart
Section Five: Research approach and methodologies
What type of research approach and methodologies are you likely to use and why? What your
areas of research will cover:
Research Methodology is refers as a key aspect of an investigation area which supports the overall
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investigation in right manner through providing suitable assistance to the work. This section
involves various applications that supports the chosen subject area in effective manner. The suitable
tools for an investigation are associated as below:
Type of Investigation: The suitable selection of methodologies are essential for the researcher, thus,
an investigation is encompasses over qualitative quantitative investigation tool. The selection of
methodology is based on the information accumulated by the researcher. In the present area of
investigation qualitative research will be suitable in carry out the work in right manner as this sort is
effective in execution of in-depth study through conducting detailed evaluation of the work.
Research Design: The selection of design is based on the suitable execution of investigation type.
Therefore this section is works as the blueprint of the work which provides a proper specification to
the investigation. This part is categorised among descriptive, exploratory and experimental
investigation design. In the present area of investigation descriptive research will be suitable as in
this investigation is based on qualitative aspects and descriptive design is effective for qualitative
research. This methodology is effective in providing detailed analysis by developing an in-depth
theoretical framework.
Research Approach: This is the another key aspect of an investigation which assist the overall
investigation in proper manner. The is mainly encompasses over deductive and inductive approach,
thus the selection of approach is based on the research type. In the present investigation area
inductive research approach will be most suitable as the investigation is based on qualitative type
and inductive approach is suitable for qualitative research. This sort is effective in providing detailed
analysis through the support of theories and hypothesis.
Data Collection Tools: This is the primary consideration of a researcher is to select the suitable
source of data collection for the purpose of drawing valid and reliable outcome. This part is divided
among primary and secondary source of data collection. In the present case both the sources are
suitable as in this primary and secondary both the sources are applied by the researcher for the
purpose of gathering valid and reliable outcome. In this primary investigation is executed through
conducting survey in which questionnaire will be developed to gathering valid and reliable data. On
the other hand, secondary investigation is conducted with the support of books, journals, published
research articles etc. Therefore, this sort is effective in developing a theoretical framework in the
form of literature.
Data Sampling: Data sampling is based on two aspects i.e. probabilistic and non-probabilistic data
sampling. In the present investigation work data will be accumulated through random sampling tool
as in this data is gathered through randomly picked respondents. In the present research sample size
of 40 has been taken into proper action.
Comments and agreement from tutor
Comments (optional):
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I confirm that the project is not work which has been or will be submitted for another
qualification and is appropriate.
Agreed: ________________ (name)_______________ Date ______________
Comments and agreement form project proposal checker( IV sampling)
Comments (Optional):
I confirm that the project is appropriate.
Agreed /Disagree: (Name of the IV) Date
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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:
To determine the impact of globalisation on the corporate structures of large multinational
companies and the major challenges they face. A case study on GlaxoSmithKline.
Student name:
Student ID number:
Programme:
College Name:
Intended research start date:
Intended research end date:
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) :
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Section 3: Participants
Please answer the following questions, giving full details where necessary.
Will your research involve human participants?
Who are the participants? Tick all that apply:
Ages 12-16: Young people aged: 17-18 Adults: More than 18
How will participants be recruited (identified an approached)?
Describe the processes you will use to inform participants about what you are doing:
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
Will you debrief participants at the end of their participation (i.e give them a brief explanation of the
study)?
Yes No
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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?
During the research:
Researcher
Where will the data be stored?
The data will be stored in computer systems, laptop, hard disk, USB etc.
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?
Data will be stored in USB, hard disk, computer systems.
How long will the data and records be kept for and in what format?
The data and information will be kept for long term purposes, as these are effective in execution of
future research in appropriate manner.
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
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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.
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