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The Impact of Globalisation on Corporate Structures of Multinational Companies

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Added on  2023-01-19

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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.

The Impact of Globalisation on Corporate Structures of Multinational Companies

   Added on 2023-01-19

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Research Project
The Impact of Globalisation on Corporate Structures of Multinational Companies_1
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
The Impact of Globalisation on Corporate Structures of Multinational Companies_2
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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The Impact of Globalisation on Corporate Structures of Multinational Companies_3
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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The Impact of Globalisation on Corporate Structures of Multinational Companies_4
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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The Impact of Globalisation on Corporate Structures of Multinational Companies_5
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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The Impact of Globalisation on Corporate Structures of Multinational Companies_6
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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The Impact of Globalisation on Corporate Structures of Multinational Companies_7
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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