Introduction Globalisation is a process through which the business and some other firms develop their international influence at global level. It is a term that is used to explain social, economic and political interaction across the cultural as well as political boundaries. It is considered throughsomeasformofexpansionofcapitalistthatentails integration of the national and local economies in to unregulated and global economy.
Research Aim Theaimofthisresearchis“Todeterminetheimportanceof globalisation and its impact on making business successful.” A study on Marks & Spencer.
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Research Objectives To understand the concept of globalisation and its benefits on Marks & Spencer. To assess the current global requirement for Marks & Spencer. To evaluate the impact of globalisation in success ofMarks & Spencer. To determine complexities which Marks & Spencer face at the time of globalising its business.
Conclusion From above discussion it has been stated that globalisation is wider conceptthat helps in growth as well as development of business operations.Underthis,globalisationishelpfulinmakingthe business of Marks & Spencer successful. The business expansion is a primary motive of any business firm in order to progress of business.
Recommendations Marks & Spencer should be focus on its marketing activities or functions in regards to grab attention of people at international level. It will help in attracting more people and making business successful in an effective manner. It is necessary that company should be focus on developing better policiesthroughwhichitcanfindnewwaystoenterin international market and also target new consumers.
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Reflection This research is based on the Globalisation can drive success of Marks & Spencer business firm. It has more impact on activities as well as operations of company at the wider scale. Under this, research project is based on the various techniques or methods which can help a researcher in giving proper direction in order to fulfil basic needs of research related activities.
References Beuving, J., 2013. Globalization and the Cultures of Business in Africa: from patrimonialism to profit. Cohen, R., 2018. Diasporas, the nation-state, and globalisation. In Global history and migrations(pp. 117-143). Routledge.