Benefits and Drawbacks of Global Business Environment on TESCO

Research Project

Table of Contents
Research Topic:...............................................................................................................................1
“To analyse benefits and drawbacks of global business environment”. A study conducted on
TESCO.............................................................................................................................................1
A) Introduction.................................................................................................................................1
A.1) Background of project....................................................................................................1
A.2) Rational for research......................................................................................................1
A.3) Aims and objective.........................................................................................................1
A.4) Research questions.........................................................................................................2
A.5) Research Ethics..............................................................................................................2
B) Literature Review........................................................................................................................2
B.1) To understand the concept of globalisation and global business environment..............3
B.2) To measure benefits and drawbacks of global business environment for TESCO........3
B.3) To ascertain impact of global operations on business performance of TESCO.............4
B.4) To recommend the ways through which TESCO can overcome drawbacks of global
business environment.............................................................................................................4
C) Research methodology................................................................................................................5
C.1) Research Philosophy......................................................................................................5
C.2) Research approach..........................................................................................................5
C.3) Research method............................................................................................................5
C.4) Activities and timeline....................................................................................................6
C.5) Source of data collection................................................................................................6
C.6) Sampling method and questionnaire..............................................................................7
D) Data analysis and Interpretations................................................................................................9
D.1) Interpretation of questionnaire.......................................................................................9
D.2) Interpretation of Interview questions...........................................................................14
E) Research outcomes....................................................................................................................15

Covered in PPT.....................................................................................................................15
F) Reflection and recommendations..............................................................................................15
F.1) Reflection......................................................................................................................15
F.2) Recommendations for alternative research methodology.............................................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17

Research Topic:
“To analyse benefits and drawbacks of global business
environment”. A study conducted on TESCO.
A) Introduction
A.1) Background of project
Globalisation is a process that has increased integration and connection among nations and
economies at international level which has made transfer and exchange of goods, services,
information technology, employment, etc more easy across various locations of world. Thus, the
concept of globalisation or global business environment has created many benefits as well a
some drawbacks for an international organisation (Michie, 2019). TESCO is also an international
British groceries and general merchandise retailer having its headquarter in Hertfordshire,
England, UK. Tesco is having a large number of branches and stores across the world that
includes different locations of United Kingdom, Ireland, Malaysia, India, Thailand, Slovak
Republic, Czech Republic ,Hungary, Poland and many other countries. Thus, the following
research is conducted on Tesco Plc to evaluate the possible and expected benefits and drawbacks
lead by the global business environment on performance and business operation of an
international organisation.
A.2) Rational for research
The rationale and justification for selection of this research topic includes the fact that
globalisation has bringing significant level of changes and creating impact on business
operations and performance of an organisation. Thus, conducting research on benefits and
drawbacks facilitated by global business environment is important and helpful in enhancing
knowledge and understanding about this crucial concept. Further, the selection of this research
topic is viable and also suitable for academic and educational purpose of researcher and also
provides a base and framework for other investigation and scholars.
A.3) Aims and objective
The aim this research is, “To analyse benefits and drawbacks of global business
environment for business which mainly operates globally”.
Research objectives
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The main objectives and targets for accomplish and conducting this research on Tesco plc
is stated below:
 To understand the concept of globalisation and global business environment.
 To measure benefits and drawbacks of global business environment for TESCO.
 To ascertain impact of global operations on business performance of TESCO (Perraton,
2019).
 To recommend the ways through which TESCO can overcome drawbacks of global
business environment.
A.4) Research questions
 What is the concept of globalisation and global business environment?
 What are major benefits and drawbacks of global business environment for TESCO?
 What are impacts of global operations on business performance of TESCO?
 What are different ways by which TESCO can overtakes drawbacks of global business
environment?
A.5) Research Ethics
It basically represents the principles and ethical values associated with a researcher in
order to maintain the viability and morale in investigation. All possible efforts are made by
researcher to fulfil its ethical consideration to ensure that none of the research activity should
hurt or harm any person neither physically nor emotionally. To ensure fulfilment of ethical
consideration an approval or consent is taken from all participants in written form through
signing a consent form. Further, all code of conduct and provision of data protection act is also
made to ensure confidentiality and safety of collected data.
B) Literature Review
It is that part of a research that includes discussion about selected research topic on the
basis of survey and review of various published and authorised articles, journal and other forms
of literature (Ball, Junemann and Santori, 2017). Literature reviews is basically a comprehensive
description or summary of various articles that are review to collect better understanding and
information about research topic thus, provide a base and support for further research work. The
current literature review is based on the topic of global business environment and its objective a
description of which is provided below:
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B.1) To understand the concept of globalisation and global business environment
According to the view point of Sammy Collins, 2019, Globalization is a concept that leads
to free movement of goods, services and people across the boundaries of domestic nation and
world in a more seamless and integrated manner. The concept of globalisation is also associated
with liberalisation of rules and procedures by various countries that has permitted the free flow
and smooth movement of people from country to another country. Further, globalization has also
resulted in freeing up and allowing the unproductive sectors of an economy to investment and
support the productive sectors so that the things produced in large quantity can be exported to
related activities resulting in a better situation for the economies of the world through enhancing
the interdependence and better connectivity. Thus, it can be evaluated that Globalisation is
mainly a concept which has lead to more integration, connection and interdependency among
different nations and economics of world thus, created better opportunity for business
organisation and companies to expand and operate their business operations at different nations
that are far beyond the boundaries of their domestic nation (Bayne, 2019). Further, it can also be
analysed that globalisation has enhanced the scope and widen the area of business environment
through facilitating an easy reach and connection with global environment that ultimately
increase the market share and customer base of an organisation.
B.2) To measure benefits and drawbacks of global business environment for TESCO
As per the opinion of Mike Collins, 2015, there are various pros and cons associated with
globalisation creating various benefits and drawbacks for an international organisation. The pros
or benefits of Globalisation or global business environment includes the fact the it lead to a
reduction in various trade barriers like, tariffs, taxes, etc that ensures better expansion
opportunity for an organisation to operate more successfully at global level. Further, an
integrated global business environment promotes better economy growth and also leads to
creation of creation of new jobs, assess to better technology and a wider market area for
companies. On the other hand, the cons or drawbacks of globalisation are associated with
increased level of competition and higher operating and administration cost to meet the expenses
of working at global level.
Thus, on the basis of above discussion it can be evaluated that globalisation has facilitates
both benefits and also created certain drawbacks and threats for Tesco company. The drawbacks
lead by global business environment are associated with the increase the number of competitors
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