Table of Contents Title: The benefits and drawbacks of a global business environment............................................2 INTRODUCTION...........................................................................................................................2 LITERATURE REVIEW................................................................................................................5 RESEARCH METHODOLOGY....................................................................................................6 DATA ANALYSIS.....................................................................................................................9 CONCLUSION AND RECOMMENDATION............................................................................18 REFERENCES..............................................................................................................................20 APENDIX......................................................................................................................................21
Title: The benefits and drawbacks of a global business environment INTRODUCTION Overview and Background of study - Globalisation is the process of integration of individual, companies, government, peoples interact with each other at global scale. This is the concept for organisation of expanding the business at international level for gaining more profits andtoenhancetheproductivity.Globalisationhasraisedmanyopportunitiesforthe organisations to increase their profitability by approaching maximum number of customers (Baars and et. al., 2016) . Along with the lots of benefits of global business environment, they also have the drawbacks from which the organisations get affected. The present research is based on the company ZARA,which is a Spanish fast fashion retailer company in Arteixo, Galicia. The company was incorporated on 24 May, 1974 by the founder Amancio Ortega and Rosalia Mera. The purpose of this research is to examine the benefits and drawbacks of global business environment along with expanding the business at global scale. This research will emphasizes on the aims and objectives, along with the literature review in which the opinions of different authors regarding the title is included. Background of company -Zara is the main brand of their parent organisation Inditex group, which is the world's largest apparel retailer company. The company offers the latest fashion brands of high quality with affordable prices. The company has over 2200 stores in 93 countries. Zara started their business from a very small store, and in the present time it is reached as the world's largest retailer company. The success of ZARA has increased the goodwill of their founder Amancio Ortega, as the 4thrichest man in the world (Benería, Berik and Floro, 2015) . The present case study is about examine benefits and drawbacks of global business environment which influence the functions and operations of business. By the concept of globalisation, Zara can expand their business in international market and gain the maximum profits. Rationale of Study- The main purpose of conducting this research is that why the global business environment is so important for an organisation. Zara has to promote their business at global scale by using different sources such as social media, advertisement, etc. They can expand their business by using the concept of globalisation and by knowing the benefits and drawbacks of global business environment.
Significance of research -To gain more profits and to attract large number of customers, ZARA want to expand their business at global scale, On the other hand the research is important because from this the researcher get the knowledge and where they are getting issue in completing this project (Briscoe, Tarique and Schuler, 2012) . So, it is crucial for the company to follow the concept of globalisation to achieve higher profits. Aim :“To evaluate advantages and disadvantages of global business environment for improving business growth of large scale company” A case study on Zara. Research Objectives : To understand concept of globalisation. Toidentifyadvantagesanddisadvantagesofglobalbusinessenvironmentwhich contributes in growth of Zara. To analyse the role of globalisation in business growth of Zara. Research Questions : What do you mean by globalisation? What are the major advantages and disadvantages of global business environment which contributes in growth of Zara? What is the role of globalisation in business growth of Zara? Gantt Chart- This is a type of chart which represents the schedule of the entire project. This chart can be used for any type of project. The project manager track the progress of the whole project. This chart is the graphical representation which clearly shows the relationship between the present status and action (Cavusgil and Knight, 2015) .
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LITERATURE REVIEW The Literature review of a research can be defined as the published information or data of an specific topic. This part combine the section of both brief and summary and use the particular organisational structure. In this part of the research different authors have hared their different views in respect of the title mentioned above. This is the secondary method which does not record original and new research work. Concept of globalisation AccordingtoCrane(2013),Globalisationreferswiththeprocessfordescribing economic, social and political communication and interrelation in all over the world. The concept of globalisation will help the company to sell their products and services and satisfy the needs and preferences of their customers. In today's time, the increasing population has impacted the economy in both positive and negative way. Government has removed the barriers of trade in
order to encourage and motivate various companies in expanding their business at global scale. By the help of globalisation the company can gain the profitability and productivity of their business (Crane and et. al., 2014) . Drawbacks and benefits of global business environment which contributes in growth of Zara. AccordingtoDr.Cairo,Globalisationisacomplexwebwherethepeoplesare interconnect with each other to expand the business at global scale, because there are many various peoples with different culture. This will make easier of Zara to expand their business at global scale. There are some drawbacks and benefits, which are as follows - Benefits of Globalisation 1.Better utilization of resources: By expanding the business company can gain maximum profit and can buy the best resources and utilize it in an effective manner. Therefore, the organisation gets benefits of large scale production, improvement in efficiency of workers and reduction in cost. 2.Achievement of objective of profit– If a company expand their business in international market then they can gain more andmore profit objectives. The global scale market provides the higher profits (Laszlo and Cescau, 2017) . 3.Incentives from the government – Expansion of business in international market by Zara can enhance the employment opportunity, thus government wants that more job for the peoples so they provide incentives to those companies who expand their business at global scale. The incentives provided to Zara in a way of reduction in taxes, pre and post shipment finance, concession in custom duties, duties, duty withdrawal, etc. Drawbacks of globalisation 1.Customer Needs– Zara have to analyse the needs and requirements of customers of different culture from various countries while expanding their business at global scale, so this analysation creates difficulty in developing the products and services (Li and Zhou, 2017) . 2.Competition– The major drawback of globalisation in the growth of Zara is that there are manycompetitorswhocompeteswithZaraintheinternationalmarket,sothis competition and these rivals can create many issues or problems for the organisation to expand their business at global scale.
3.Unfair Trade– To exploiting the workers in underdeveloped countries can leads top unfair trade in their working condition. When the cost of products get reduces then company is providing the unhealthy working environment to the employees, which can be dangerous towards the health of the staff members (Madhok and Keyhani, 2012) . Role of globalisation in business growth of Zara. The role of global business environment is to increase the growth of the business by increasing their market share, Zara can enhance their business growth by producing the good in cheap rate and selling their products at low cost. As customers have lots of substitute so they can go to another option if the prices are high of the products of Zara, and this will impact the behaviours of the company as all customers want to buy goods which can be acquire quickly and in more efficient way (Rossati, 2017) .TheRole of Globalizationin Economic Development is the increased interconnectedness among countries. As it is known that the international group action of national economies has such a profound effect,globalizationplays a important role in determining the future of the world and success for the large companies by expanding their business in international market. RESEARCH METHODOLOGY Research Methodology is the method that can be used for identifying, selecting and examining the entire data related to the topic. In this part, the readers are permitted to examine the validity and reliability of the research. This part is one of the most important section of this researchwhichstudiesofmethodsandtechniquesbyexploitingtheeffectiveskilland knowledgein an effective manner (Schnall, Dobson and Landsbergis, 2016) . With this section many problems related to research are sorted out in the better manner. This section of the research contain many parts such as approaches and philosophy of the research, data collection and type of investigation. This part of the researcher helps the investigator to set the guidelines which help in managing the business functions and operations effectively. Research Philosophy - This is the belief which is used in collecting and gathering the relevant information and data for completing the project. There are two philosophy of research named as interpretivism and positivism (Shahbaz and et. al., 2016) . In which positivism is defined as the reality which is stable and determine from the objective point of view without any interference,thishastheobjectivitymeaningandquantitativedata.Apartfromthis, interpretivism is opposite of positivism, in which reality is constructed with the meanings created
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by the individuals and their actions are the result of their own meaning and the interference is that which can be understandable (Shenkar, Luo and Chi, 2014).There are some advantages of positivism research philosophy such as it cover wide range of situations as well as can be fast and economical. Along with this, disadvantages of same is that respective method tends to be flexible and artificial. It is not much assistive in generating theories. On the other hand, interpretivism also have several advantages such as numerous areas like cross-cultural, issues of ethics and so on can be studied in depth. Along with this, major disadvantages of interpretivism is related to its subjective nature. Research Approach -Research approach is the process which include the steps along with broad reasoning to talk about the methods of data collection, interpretation and analysis of the research. This includes two approaches which are named as inductive and deductive. Inductive approach is based on various types of theories which are applied and based on various assumptions and models according to outcomes, in an inductive inference which is known as premises are used to produce untested conclusions. On the other hand, in deductive approach when the premises are true then the conclusion should also be true, this approach includes numerical facts which are evaluated on the basis of observation (Sheth, 2017) . In the following research, deductive approach is used as this is executed for gathering and collecting relevant information and data. Along with this, it will help in explaining casual relationship within concept and variables. Deductive approach also help in generating research findings to a certain extent. Type of investigation -The type of investigation part required the relevant information and data for specific research so that the investigator can easily implement the methods from which they can gain the advantages related to the process of research. The two types of research methods are as follows which named as qualitative and quantitative. In qualitative research, researcher gives preferences to human perception, their thoughts at the time of evaluating entire research. This methods includesinterviews, focus groups and observation in order to reach result (Stahl and et. al.,2012) . On the other hand, In Qualitative research, the information is examine on the basis of mathematical algorithm, numerical formulas, and computationaltechniques.Thismethodgathertheinformationbyconductingopen communication with the targeted audiences.In this present research report, qualitative research
methodwill be utilise by researcher for collecting as well as gathering accurate data(Suchday, 2015) . Data collection - This section of the research is also important for the investigator as this is used to collect and gather data from different sources on a specific topic so that the researcher can get the relevant and actual data to complete the research project. In this, following are the methods used by the researcher in this project which are described as under: 1.Primary data collection– In this method, the data is collected by the researcher for the first time, as in this the data and information which is collected is totally fresh and new. To collect the original data, the investigator can use the following ways such as surveys, interview, questionnaire, etc. These all the sources will help the investigator to gather the authentic information in order to complete the following research project (Suci, Asmara and Mulatsih, 2016) . 2.Secondary data collection– This method of data collection saves a lot of time and money of the researcher as in this the information on the specific topic is already collect by someone else or by the third party. The investigator can collect data from the second party or third party by the sources like online sites, articles, newspaper, blogs. There are many people who collect the data on a specific topic and then post that data on internet, so that the other people can access it (Vadlamannati, 2015) . In the present research, investigator use both primary and secondary method of data collection in order to accomplish the desired aims and objectives. Sampling method -Sampling methods refers with the process of selecting the group of individuals from the huge population, for targeting them to do sampling. The specific group is selected on which the sampling is drawn and then they also become the part of this research. This refers to the stage on which they apply the findings of the research for target population. The present research project have the total samples of respondents 30 who represent their point of views and give specific opinions on the related topic of the research (Wilkins, Khanna and Trubek, 2017) . The sample responders who taken as the part of this particular study of research are the teenagers and adults, etc. Ethics consideration-Ethical consideration has common undertaking association for exploringwhole areas. In addition to this, it can examined that real rules and regulations are identified in term of right or wrong. It is essential part which can be useful for securing various
criteria on experts that can be gathered and collected effectively. They have develop accurate decisions for selecting right or wrong and also show individual response towards specific topic. There are various types of moral qualities that are required for researcher is to sort particular investigating work. DATA ANALYSIS This is also considered as the most crucial part of the process of research project in which investigation is needed for analysing the requirement in order to examine data in the respect of evaluating the aims and objectives of the project. Data and information is related to ascertain the essential details which are interpreted by the various types of graphs and charts. An investigator can analyse data and information by conducting random sampling method as described above and for this the responders are 30. It will help in identifying applicable facts and figures that can be used for completing specific report. The responders are those who give their viewpoint or opinions in respect of the product and services of the company Zara. This can be executed by both qualitative and quantitative study. Theme 1 : Concept of globalisation Q1. Are you aware about the concept of globalisation ?Frequency Agree25 Disagree5
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Interpretation :From the above graph, it has been interpreted that globalisation is the procedure which help company in expanding business operations and functions. There are around 30 respondents, from which 25 are agree with the statement that athey are aware about the concept of globalisation, on the other hand, 5 are not satisfied with the statement and they disagreed this theme. Theme 2 : Benefits for globalising business at global scale Q2.What are the benefits for globalising business at global scale for Zara company? Frequency Employment opportunities20 Better utilization of the resources5 Incentives from the government5 AgreeDisagree 0 5 10 15 20 25 25 5 Column B
Interpretation :From the above stated graph, it has been analysed that expanding the business at global scale can be very beneficial for the companies as they can gain many advantages from this. From the 30 respondents, 20 companies are getting the benefit of employment opportunities, and 5 are getting the benefit of better utilisation of resources, along with this the rest are taking the advantage of Incentives from the government. Theme 3 : Major challenges faced by Zara while expanding their business operations. Q3.What are the major challenges which ZARA will face while expanding their business operations and functions ? Frequency Budget management15 Change in technology10 Huge Competition5 Employment opportunities Better utilization of the resources Incentives from the government 0 2 4 6 8 10 12 14 16 18 20 20 55 Column B
Interpretation: From the above stated graph, it has been interpreted that global business environment also have the various issues and challenges which can impact on the business growth of the company. By this, there are different factors which directly or indirectly affect on business functions and operations. Around 15 respondents agree that budget management is one of the major challenge which occurs while establishing business operations at global scale. Along with this, 10 respondents respond that change in technology is the leading issue and problem that will arise at the time in moving the business in international market. Theme 4 : Strategies used by Zara. Q3.Which strategies Zara will use to enter in emerging market?Frequency Partnership13 Licensing12 Franchising5 Budget managementChange in technologyHuge Competition 0 2 4 6 8 10 12 14 1615 10 5 Column B
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Interpretation:From the above stated graph, it has been interpreted that there are several major strategies that can be used by Zara to expand their business at global scale. Company. Among 30 respondents, 20 responders answers that Partnership strategy will be best for Zara in order to expand their business functions and operations in international market. Rest of the respondents thinks that Licensing and franchising will be best suitable strategy for an administration in establishing new organization functions at various stages. Theme 5 : Strategies will help Zara in expanding business at global scale. Q5.Did the above strategy will help Zara in expanding successfully their business at international market? Frequency Agree12 Disagree18 PartnershipLicensingFranchising 0 2 4 6 8 10 12 1413 12 5Column B
Interpretation:From the above stated graph, it has been interpreted that theabove strategies will help Zara in expanding their business at international market successfully. From the 30 respondents, 18 disagree this statement that this strategies can be useful in expanding the business but 12 respondents agreed this that these strategies can be helpful for Zara. Theme 6:Does globalisation helps in gaining higher growth. Q6.Doesglobalisationhelpsingaininghighergrowthand development for an organisation ? Frequency Agree12 Disagree18 AgreeDisagree 0 2 4 6 8 10 12 14 16 18 12 18 Column B
Interpretation: From the above stated graph, it has been interpreted that global business environment is the best method and is mostly used globalisation is mostly used in expanding businessoperationsanditsfunctionsofacompanyinglobalmarket.Fromaround30 respondents 12 are agree on that statement where globalisation help in exploiting higher growth and development within an organisation. On the other hand, rest of the 18 respondents think that globalisation does not help Zara company in acquiring higher growth and success level. Theme 7 :Importance of global business environment . Q7.What is the importance of global business environment ?Frequency Market Expansion8 Product Differentiation10 Cost advantage12 AgreeDisagree 0 2 4 6 8 10 12 14 16 18 12 18 Column B
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Interpretation: From the above stated graph, it has been interpreted that globalisation is very important in moving the business of a company at global scale. And in the similar way it is important because of the above points, which is gained by using globalisation, As among 30 respondents 12 respondents answers that by the use of globalisation, the company can gain maximum profits. In the similar way different respondents have their different viewpoint on the importance of global business environment. Theme 8: Globalisation helps in enhancing the productivity of an organisation. Q8.Canglobalisationhelpsinenhancingtheproductivityofan organisation ? Frequency Yes22 No8 Market ExpansionProduct DifferentiationCost advantage 0 2 4 6 8 10 12 8 10 12 Column B
Interpretation: From the above stated graph, it has been interpreted that every company needs to perform different activities that can be helpful in attracting huge number of customers towards specific goods and services. Globalisation aids in enhancing level of productivity in order to get huge income. There are around 30 respondents fromwhich 22 are agree on that statement in which globalisation help company in acquiring huge level of productivity within an organisation. Apart from this rest are disagree on that consideration. Theme 9 : Government will provide incentives to the companies. Q9.Do you think government will provide incentives to the companies who expand their business at global scale? Frequency Yes22 No8 YesNo 0 5 10 15 20 2522 8 Column B
Interpretation: From the above stated graph, it has been interpreted that, as the business is expanded at global scale can help in achieving employment opportunities, and the government want more employment for the peoples, so 22 of the respondents are agree that government will provide incentives to the companies who are expanding and moving their business in global market , on the other hand 8 are disagree on this statement. FINDINGS After conducting this research it has been identified that, when an organisation expand its business as global level several business environmental factors give direct and indirect impact on the working of company. Along with this, there are advantages of global business environment such as increasing number of customers and sales. On the other hand drawback also like competitive surroundings. CONCLUSION AND RECOMMENDATION RECOMMENDATION From the above conducted research, it is to recommend to the company Zara that they should study the entire market, ascertain the place where they can gain the attention of more customers. Along with this by using the concept of globalisation, Zara can easily gain maximum YesNo 0 5 10 15 20 2522 8 Column B
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profits by selling their desired products and services. In addition with this, Zara should examine the potential buyers who can afford their products before entering in new market. In the context with the research, it is to recommend that the investigator should evaluate the cost in the beginning of the research so that they can know how much fund and resources will going to be used in achieving the aims and objectives. Apart from all this, in respect of the students, the educatee should learn more about the concept of globalisation, and try to learn and work on this, so that in future this will help them to achieve high career growth. REFLECTION While conducting the research I had gone through many new experiences, in which I find out that globalisation is one of the effective process which assist organizations in expanding their business operations and its functions at global scale. I had developed the aims and objectives of research which effectively evaluated entire topic in better manner. Along with this, I used the literature review part for examine the viewpoint of different authors regarding the specific topic. By this I came to many things about globalisation along with their benefits and drawbacks.Apart from all this work, when I start conducting the research on this topic I thought to begin this project by formulating various strategies and policies which help me in reaching with these aims and objectives. But due to less resources and fund, I didn't able to do that. I faced many problems and issues in completing this research, as this was very difficult for completing this work in given time period, with optimum limited resources and so more. Thus, completing this research project has increased my skills and practical knowledge, which can be beneficial for me in upcoming future. Alternative research method Investigator can use alternative methodology for conducting research i.e., interview but it will be not used by researcher because of time consuming process as well as result in several other extra expenses. Thus, researcher is using questionnaire approach for conducting respective research and gaining views of respondents. CONCLUSION Fromtheaboveconductedresearch,ithasbeenconcludedthatGlobalbusiness environment refers as the environment in different independent nations. With the help of globalisation, Zara can grow their business operations and its functions at global level with more innovative ideas so that more customers can get attract towards their products. Along with this,
there are various problems which arises and faced by Zara, so that they need to make proper changes and alterations in existing strategies and policies effectively. In addition with this research, the concept of globalisation will help the company to run their business smoothly and effectively, and this help the investigator to conduct proper analysis for ascertaining the positive results or outcomes.
REFERENCES Books and Journals Baars, J. and et. al., 2016. Aging, globalization and inequality: The new critical gerontology. Benería, L., Berik, G. and Floro, M., 2015.Gender, development and globalization: economics as if all people mattered. Routledge. Briscoe, D., Tarique, I. and Schuler, R., 2012.International human resource management: Policies and practices for multinational enterprises. Routledge. Cavusgil, S.T. and Knight, G., 2015. The born global firm: An entrepreneurial and capabilities perspective on early and rapid internationalization.Journal of International Business Studies.46(1). pp.3-16. Cleveland, M. and et. al., 2016. Identity, culture, dispositions and behavior: A cross-national examination of globalization and culture change.Journal of Business Research. 69(3). pp.1090-1102. Crane, A., Matten, D. and Spence, L., 2013. Corporate social responsibility in a global context. Crane, and et. al., 2014. Contesting the value of “creating shared value”.California management review. 56(2). pp.130-153. Laszlo, C. and Cescau, P., 2017.Sustainable value: How the world's leading companies are doing well by doing good. Routledge. Li, G. and Zhou, H., 2015. Globalization of financial capitalism and its impact on financial sovereignty.World Review of Political Economy.6(2). pp.176-191. Madhok,A.andKeyhani,M.,2012.Acquisitionsasentrepreneurship:Asymmetries, opportunities, and the internationalization of multinationals from emerging economies. Global Strategy Journal.2(1). pp.26-40. Rossati,A.,2017.Globalwarminganditshealthimpact.Theinternationaljournalof occupational and environmental medicine.8(1 January). pp.963-7. Schnall, P.L., Dobson, M. and Landsbergis, P., 2016. Globalization, work, and cardiovascular disease.International Journal of Health Services. 46(4). pp.656-692. Shahbaz, M. and et. al., 2016. The role of globalization on the recent evolution of energy demand in India: Implications for sustainable development.Energy Economics.55. pp.52-68. Shenkar, O., Luo, Y. and Chi, T., 2014.International business. Routledge. Sheth,D.L.,2017.Globalizationandnewpoliticsofmicro-movements.InSocial Movements(pp. 112-151). Routledge India. Stahl and et. al., 2012. Six principles of effective global talent management.Sloan Management Review.53(2). pp.25-42. Suchday, S., 2015. Anger and globalization among young people in India.New directions for child and adolescent development.2015(147). pp.77-84. Suci, S.C., Asmara, A. and Mulatsih, S., 2016. The impact of globalization on economic growth in ASEAN.Bisnis & Birokrasi Journal.22(2). pp.79-87. Vadlamannati,K.C.,2015.Rewardsof(dis)integration:Economic,social,andpolitical globalization and freedom of association and collective bargaining rights of workers in developing countries.ILR Review.68(1). pp.3-27. Wilkins, D.B., Khanna, V.S. and Trubek, D.M. eds., 2017.The Indian Legal Profession in the Age of Globalization. Cambridge University Press.
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APENDIX Questionnaire Q1) Are you aware about the concept of globalisation? Agree Disagree Q2) What are the benefits for globalising business at global scale for Zara company ? Employment opportunities Better utilization of the resources Incentives from the government Q3) What are the major challenges which ZARA will face while expanding their business operations and functions ? Budget management Change in technology Huge Competition Q4) Which strategies Zara will use to enter in emerging market? Partnership Licensing Franchising Q5)DidtheabovestrategywillhelpZarainexpandingsuccessfullytheirbusinessat international market? Agree Disagree Q6) Does globalisation helps in gaining higher growth and development for an organisation ? Agree
Disagree Q6) What is the importance of global business environment ? Market Expansion Product Differentiation Cost advantage Q7) What are the components which leads to globalisation ? Reduction in tax rates Consumer demand and need Q8) Can globalisation helps in enhancing the productivity of an organisation ? Yes No Q9) Do you think government will provide incentives to the companies who expand their business at global scale? Yes No Q10) Provide the recommendations regarding how to analyse the drawbacks and benefits of global business environment for enhancing growth of an organisation.
Research Proposal Form StudentName:______________________StudentID: ______________________ Centre Name:_____________________ Tutor:________________Date: ___________________ Unit:____________________ Proposed Title:______________________________________________ Section One: Title, objective, responsibilities Aim “To evaluate benefitsand drawback of global businessenvironmentfor improving business growth of large scale company” A case study on Zara. Research objectives To understand concept of globalisation. To identify drawbacks and benefits of global business environment which contributes in growth of Zara. To analyse the role of globalisation in business growth of Zara. Research Questions What do you mean by globalisation? What are the major drawbacks and benefits of global business environment which contributes in growth of Zara? What is the role of globalisation in business growth of Zara? Section Two: Reasons for choosing this research project Globalisationhelpsinknowingaboutneedanddemandof consumers. Itcanhelptoevaluatebenefitsanddrawbackforimproving business growth at global level. 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):
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Section Three: Literature sources searched Concept of globalisation According toCrane (2013),Globalisation refers with the process for describing economic, social and political communication and interrelation in all over the world. The concept of globalisation will help the company to sell their products and services and satisfy the needs and preferences of their customers. In today's time, the increasing population has impacted the economy in both positive and negative way. Drawbacks and benefits of global business environment which contributes in growth of Zara. According to Dr. Cairo, Globalisation is a complex web where the peoples are interconnect with each other to expand the business at global scale, because there are many various peoples with different culture. Benefits of Globalisation Better utilization of resources: By expanding the business company can gain maximum profit and can buy the best resources and utilize it in an effective manner. Therefore, the organisation gets benefits of large scale production, improvement in efficiency of workers and reduction in cost. Achievement of objective of profit– If a company expand their business in international market then they can gain more andmore profit objectives. The global scale market provides the higher profits Drawbacks of globalisation Customer Needs– Zara have to analyse the needs and requirements of customers of different culturefromvariouscountrieswhileexpandingtheirbusinessatglobalscale,sothis analysation creates difficulty in developing the products and services (Li and Zhou, 2017) . Competition– The major drawback of globalisation in the growth of Zara is that there are many competitors who competes with Zara in the international market, so this competition and these rivals can create many issues or problems for the organisation to expand their business at global scale. Role of globalisation in business growth of Zara
The role of global business environment is to increase the growth of the business by increasing their market share, Zara can enhance their business growth by producing the good in cheap rate and selling their products at low cost. As customers have lots of substitute so they can go to another option if the prices are high of the products of Zara, and this will impact the behaviours of the company as all customers want to buy goods which can be acquire quickly and in more efficient way Useofkey literaturesourcesto supportyourresearchquestion, objective or hypothesis: Section Four: Activities and timescales
Activities to be carried out during the research project (e.g research, development and analysis ofideas,writing,datacollection,numerical analysis,tutormeetings,productionoffinal outcome, evaluation, writing the report): Identify the reason Formulate the strategies Offer employee option Improve organisational culture and environment Implement of corporate strategy and governance How long this will take: 3 days 5 days 12 days 15 days 10 days Milestone one:_________________ Target date (set by tutor): ____________________ Milestone two: _______________________ Target date (set by tutor): ______________________ Section Five: Research approach and methodologies What type of research approach and methodologies are you likely to use and wh Thetwotypesofresearchmethodsareasfollowswhichnamedasqualitative quantitative. In qualitative research,researcher gives preferences to human percep theirthoughtsatthetimeofevaluatingentireresearch.Thismethodsincl interviews, focus groups and observation in order to reach result (Stahl and et. al.,2 On the other hand, In Qualitative research, theinformation is examine on the bas
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mathematical algorithm, numerical formulas, and computational techniques. This me gather the information by conducting open communication with the targeted audiences present report use qualitative research methodfor collecting and gathering accurate da What your areas of research will cover: Comments and agreement from tutor Comments (optional): Iconfirmthattheprojectisnotworkwhichhasbeenorwillbesubmitted 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:(Nameofthe Date
Research Ethics approval form Section 1: Basic details: Project title: The benefits and drawbacks of a global business environment 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: InterviewsYesNo QuestionnairesYesNo ObservationsYesNo Use of personal recordsYesNo Data AnalysisYesNo Action ResearchYesNo Focus GroupsYesNo Others(Please specify) : 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 15-50:Young people aged: 18-27Adults:25-50 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? YesNo If no please explain why below and ensure that you cover any ethical issues arising from this Studiesinvolvingobservation:Confirmwhetherparticipantswillbe asked for their informed consent to be observed. YesNo Will you debrief participants at the end of their participation (i.e give them a brief explanation of the study)? YesNo Will participants be given information about the findings of your study?(This could be a brief summary of your findings in general) YesNo 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 Who will have access to the data and personal information? I will be keeping data myself. During the research: Where will the data be stored? The data will be carried on my laptop. Will mobile devices such as USB storage and laptops be used
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YesNo If Yes, please provide further details: After the research: Where will the data be stored? The data will be uploaded on the portal How long will the data and records be kept for and in what format? Will data be kept for use by other researchers? YesNo Section 5 : Ethical Issues Are there any particular features of your proposed work, which may raise ethical concerns? If so, please 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 Datastorageandsecurity,bothduringandaftertheresearch (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: YesNo I have discussed the ethical issues relating to my research with my Unit Tutor: YesNo 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: PleasesubmityourcompletedformtotheCohortLeaderanda copy to your supervisor only
Research Proposal Form StudentName:______________________StudentID: ______________________ Centre Name:_____________________ Tutor:________________Date: ___________________ Unit:____________________ Proposed Title:______________________________________________ Section One: Title, objective, responsibilities Aim “To evaluate benefitsand drawback of global businessenvironmentfor improving business growth of large scale company” A case study on Zara. Research objectives To understand concept of globalisation. To identify drawbacks and benefits of global business environment which contributes in growth of Zara. To analyse the role of globalisation in business growth of Zara. Research Questions What do you mean by globalisation? What are the major drawbacks and benefits of global business environment which contributes in growth of Zara? What is the role of globalisation in business growth of Zara? Section Two: Reasons for choosing this research project Globalisationhelpsinknowingaboutneedanddemandof consumers. Itcanhelptoevaluatebenefitsanddrawbackforimproving business growth at global level. 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):
Section Three: Literature sources searched Concept of globalisation According toCrane (2013),Globalisation refers with the process for describing economic, social and political communication and interrelation in all over the world. The concept of globalisation will help the company to sell their products and services and satisfy the needs and preferences of their customers. In today's time, the increasing population has impacted the economy in both positive and negative way. Drawbacks and benefits of global business environment which contributes in growth of Zara. According to Dr. Cairo, Globalisation is a complex web where the peoples are interconnect with each other to expand the business at global scale, because there are many various peoples with different culture. Benefits of Globalisation Better utilization of resources: By expanding the business company can gain maximum profit and can buy the best resources and utilize it in an effective manner. Therefore, the organisation gets benefits of large scale production, improvement in efficiency of workers and reduction in cost. Achievement of objective of profit– If a company expand their business in international market then they can gain more andmore profit objectives. The global scale market provides the higher profits Drawbacks of globalisation Customer Needs– Zara have to analyse the needs and requirements of customers of different culturefromvariouscountrieswhileexpandingtheirbusinessatglobalscale,sothis analysation creates difficulty in developing the products and services (Li and Zhou, 2017) . Competition– The major drawback of globalisation in the growth of Zara is that there are many competitors who competes with Zara in the international market, so this competition and these rivals can create many issues or problems for the organisation to expand their business at global scale. Role of globalisation in business growth of Zara
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The role of global business environment is to increase the growth of the business by increasing their market share, Zara can enhance their business growth by producing the good in cheap rate and selling their products at low cost. As customers have lots of substitute so they can go to another option if the prices are high of the products of Zara, and this will impact the behaviours of the company as all customers want to buy goods which can be acquire quickly and in more efficient way Useofkey literaturesourcesto supportyourresearchquestion, objective or hypothesis: Section Four: Activities and timescales
Activities to be carried out during the research project (e.g research, development and analysis ofideas,writing,datacollection,numerical analysis,tutormeetings,productionoffinal outcome, evaluation, writing the report): Identify the reason Formulate the strategies Offer employee option Improve organisational culture and environment Implement of corporate strategy and governance How long this will take: 3 days 5 days 12 days 15 days 10 days Milestone one:_________________ Target date (set by tutor): ____________________ Milestone two: _______________________ Target date (set by tutor): ______________________ Section Five: Research approach and methodologies What type of research approach and methodologies are you likely to use and wh Thetwotypesofresearchmethodsareasfollowswhichnamedasqualitative quantitative. In qualitative research,researcher gives preferences to human percep theirthoughtsatthetimeofevaluatingentireresearch.Thismethodsincl interviews, focus groups and observation in order to reach result (Stahl and et. al.,2 On the other hand, In Qualitative research, theinformation is examine on the bas
mathematical algorithm, numerical formulas, and computational techniques. This me gather the information by conducting open communication with the targeted audiences present report use qualitative research methodfor collecting and gathering accurate da What your areas of research will cover: Comments and agreement from tutor Comments (optional): Iconfirmthattheprojectisnotworkwhichhasbeenorwillbesubmitted 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:(Nameofthe Date
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Research Ethics approval form Section 1: Basic details: Project title: The benefits and drawbacks of a global business environment 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: InterviewsYesNo QuestionnairesYesNo ObservationsYesNo Use of personal recordsYesNo Data AnalysisYesNo Action ResearchYesNo Focus GroupsYesNo Others(Please specify) : 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 15-50:Young people aged: 18-27Adults:25-50 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? YesNo If no please explain why below and ensure that you cover any ethical issues arising from this Studiesinvolvingobservation:Confirmwhetherparticipantswillbe asked for their informed consent to be observed. YesNo Will you debrief participants at the end of their participation (i.e give them a brief explanation of the study)? YesNo Will participants be given information about the findings of your study?(This could be a brief summary of your findings in general) YesNo 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 Who will have access to the data and personal information? I will be keeping data myself. During the research: Where will the data be stored? The data will be carried on my laptop. Will mobile devices such as USB storage and laptops be used
YesNo If Yes, please provide further details: After the research: Where will the data be stored? The data will be uploaded on the portal How long will the data and records be kept for and in what format? Will data be kept for use by other researchers? YesNo Section 5 : Ethical Issues Are there any particular features of your proposed work, which may raise ethical concerns? If so, please 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 Datastorageandsecurity,bothduringandaftertheresearch (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: YesNo I have discussed the ethical issues relating to my research with my Unit Tutor: YesNo 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: PleasesubmityourcompletedformtotheCohortLeaderanda copy to your supervisor only