Research Project on Globalisation Concepts

RESEARCH PROJECT

Table of Contents
INTRODUCTION...........................................................................................................................3
Part 1 Research Proposal:................................................................................................................4
What are the concept of globalisation ?......................................................................................6
What are the role of globalisation to make business successful ?...............................................7
What are the challenges faced by Thirdway while entering into global market ?......................7
What are the ways to overcome from challenges which Thirdway faced ?..............................7
Part 2 The Research and Report:.....................................................................................................9
CONCLUSION..............................................................................................................................31
RECOMMENDATION ................................................................................................................31
REFLECTION ..............................................................................................................................31

INTRODUCTION
Globalization is the chain of various activities in which interaction and integration among
people, organisations and government of various nations and alignment of international trade,
investment with information technology. Globalization affects on environment, culture and
political system with economic development in society around the whole world. There are
various kinds of globalization in the whole world that are political, social and economic
globalization that affect on day to day life of every person while deal in business world. The
current wave of globalization have taken policies that open up economies at domestic and
international marketplace. It is an important concept to go across any kind of boundaries and
grab attention of vast opportunities to deal with various changes in economy. Technology is one
of most important driver to being globalized, advancement in information technology that bring
drastically change in economic life of industries and people also. Globalization is one of
important factor to enhance interconnectedness in among different nations and prosperous
economic development gained by enhance interconnectedness in various countries by giving
better standard of living and overall improvement in quality of life. The most successful
economic development gives the ability to being globalised in business world to gain economic
advantage.
Thirdway group is an well known family owned business that are well known brand in
field of corporate furniture and with other large product portfolio that helps in enlarge business
opportunities in better way.
Part 1 Research Proposal:
Background of the study:
In that research project chosen organisation is Thirdway group which is an family owned
business and operates in commercial property and provides wide variety of services to large

portfolio of their clients. They focus on giving various creators and innovators that helps in
giving best services to people and organisations. This report is based on research question that is
role of globalisation in driving success for an organisation and their importance. This is an very
through topic and give wide knowledge about role and importance of that term in practical life of
an individual and group of individuals. While conducting that study many kinds of problems
faced by an organisation that is lack of resources in which study should be conducted and lack in
reliability of the various study sources that are major concern while conducting research.
Globalisation is an major factor that helps in bring kinds of development in major spheres that is
adapt various strategies that based on new ideological trends and development to balance right
and interest for both individual and community to bring harmony in works and activities. It also
helps in enhance level of knowledge of an individual to reach at right kind of knowledge and
information.
Growth in global marketplace enables to promote effectiveness by intense competition
level and division of labour. Global marketplace offer greater opportunities to people to adopt
diversified market and large market around the whole world so that market should be grab in
positive manner. By going global an organisation can get more capital, technology, cheaper
imports and larger exports that helps in grab opportunities to enhance market share. To being
globalize organisations prepared themselves to embrace rules and policies so that they can
support international competition and can be enough competitive in market. Globalisation have
the broad reach in context of personal, economic and political life of everyone that engaged to
being globalized by adopting modern technologies in world. With the help of communication
and education an organisation can easily get globalised and know the important areas that helps
to get success. Globalisation is grounded by the theory of comparative advantage that states
about producing a particular products and services proved better for exporting to countries that
are less efficient to producing that good.
This research report is based on thirdway which is an UK based furniture provider
organisation and always focus on do and give things in different ways. They use consumer
focused approach to design and build the best office space for future to remain always
competitive in marketplace. The main reason to choose that particular organisation because it is a
middle size organisation that have greater scope to expand in global market to remain always
competitive.

Research aim:
“To analyse the role of globalisation in driving business success. A study on
Thirdway”.
Research objectives:
 To understand the concept of globalisation in context of Thirdway.
 To identify the role of globalisation in making Thirdway successful.
 To analyse the challenges that can be faced by Thirdway while entering in Global market.
 To ascertain the ways to overcome the challenges faced by Thirdway in going into global
market.
Research questions:
 What are the concept of globalisation ?
 What are the role of globalisation to make business successful ?
 What are the challenges faced by Thirdway while entering into global market ?
 What are the ways to overcome from challenges which Thirdway faced ?
Limitations of the study:
There are many kind of problems that are faced when conduct research that are sample
size that should be according to the topic of the study that is globalisation and its role in driving
success. So according to the topic sample size should be in relation to population of study so that
appropriate results should be achieve. The another major limitation that is often every research
work has prescribed deadline to accomplish a particular work. So to reach at desirable outcome
researcher have to take appropriate time to research and collect data so in that research time
should be properly required.
Scope of the study:
Research project has wide scope for both learner and industries to take major decisions
before going global. This report gives major direction about role and importance of globalisation
in the business world and their influence on organisational goals and objectives. It helps in
understand the various tactics and strategies that has to be implement before going global.
Time frame of the research
To conduct a research, there are some specified time frame that distribute each and every
activity so that desired results should be achieve. In that research the time frame of every activity
should be distributed in a form that are Research aims and objectives takes 5 weeks to

accomplish and Literature review takes 10 weeks with Research methodology takes 15 weeks
and at last conclusion or sum up of that project takes 12 to 20 weeks.
Gantt chart:
Gantt chart is an kind of bar chart that illustrates about the project schedule to perform
the tasks and duties in a vertical axis to accomplish the tasks in pre determined time frame.
Literature review:
Literature review is an both a summary and explanation of whole and present state of
knowledge and information on a specified subject with the help of academic books and journals.
LR evolves about knowledge that circulate around a specified field and highlights major

functions and anticipated results with current state of subject. It also identifies research gap and
that research gap should be eliminated.
Review 1
This research report is based on important factors that helps to organisation to get success
while operate at global level. To gather important knowledge and information an researcher have
to understand the concept of research and its importance in organisational growth and
enhancement so that important results should be accomplished.
In that scenario while organisation going global they have to face some issues or
concerns that hinders self interest of an organisation in that case there are some proper measures
that helps to overcome from major issues while going global.
Theory of globalisation:
there are various kinds of theories and models related with globalisation that are theory of
liberalism that as market led extension to bring modernization. At the level of beginning it is the
result of natural human desire for economic welfare and bring liberty regarding politics. In order
to trans-planetary connection that derived to maximise human material.
There are some popular features of globalisation that it helps in enhance share of
consumption of goods that are available from the same organisations in almost all over the
world. So it is most important concept to reach at large no. of consumer base that helps in giving
better way of living to people.
Theory of Marxism:
Marxism theory states about the modes of production, social exploitation by unjust
distribution and emancipation of transcendence of capitalism to gain higher level of profitability.
In order to Marx gives review about anticipated growth that are natural driver by conquering the
spatial barriers to get optimum level of outputs. As per the Marxists globalisation exist due to
trans world connectivity that enhance probability to earn profit and accumulation of surplus to
gain desirable objectives. So these theories and practices proved beneficial for organisation to
deliver value to that expand in marketplace.
Review 2:

What is the concept of globalisation ?
According to John Williamson (Globalization: The Concept, Causes, and Consequences
2019), Globalisation is one of most familiar word and whole world economy being globalized
means that world increasingly behaving as an single market and produce goods and services as
an independent unit and utilize unified products and services.
Globalisation impacts in positive way in economy of the whole world and gives its
contribution in foreign direct investment which resulting national capital by integrating.
Globalisation proved helpful in grab larger opportunities to get market share in positive manner
to enlarge business opportunities. Globalisation also refers to that countries also liberalise
regarding import products and services which directly contributes towards entering with new
products into marketplace. So it proved beneficial for organisation to enter into marketplace after
accessing opportunities in a specified marketplace.
As per the view of C. Rangarajan (Globalization: Concept and Concerns, 2019.)
globalisation is one of the historical process with kinds of ebbs and flows in it and now it
eliminates the barriers of free movement of goods and services. Although after the 1945 it drives
the integration and potentially studied out the trade and capital market to capitalise the
opportunities in positive manner. With the help of globalisation companies can reach at every
corner of the world and commence business activities after accessing the needs and wants of
consumers in proper manner. It helps in capital flows which played an important role in
enhancing the production and productivity base which directly contributes in organisational as
well as individual development by reap opportunities that are hidden in nature.
What are the role of globalisation to make business successful ?
According to Sampson Quain (Why Has Globalization Become so Important? 2019 ),
Globalisation plays major role in organisational growth and enhancement and it is not only
affects to multinational corporations, but it impacts to all organisations regardless of their size
and financial capabilities by understand the opportunities and threats of it.
There are major spheres in which globalisation plays an important role for organisational
growth and enhancement that are it opens the door for international access which is not possible
in past. Globalisation are very much important to expand beyond national boundaries so that
business can reap out major benefits out of it. It helps in cut the cost of customer services which
plays very important role in organisational development and enhancement. Further it helps in

enhance the competitiveness in market that are very much crucial to raise standard of people. So
it can be said that organisation have to grab opportunities in large basis to get higher
profitability. As described above globalisation helps to reach at every sphere of organisation by
finding out opportunities and threats which is very much important for an organisation to access
at larger extent to remain always competitive in the business environment in positive manner. If
an organisation competent in business environment then consumers select one of best products
and services to reach at larger extent in positive manner.
(The Historical Impact of Globalisation on Economies and Business, 2019), globalisation is one
of most important concept that helps to organisation to turn into millennium by reach at every
sphere of world by enlarging business opportunities in positive manner. Globalisation has
profound impact on the organisation and business activities as they are contributed in world
economy and raise standard of living of people who are consuming products and services. It
merge various economies and jointly contributed towards organisational as well as individual
development in order to find out taste and preferences of consumers.
What are the challenges faced by Thirdway while entering into global market ?
According to van Thompson (What Issues Arise When Doing Business Globally? 2019)
there are some challenges that faced by an organisation while going global. It gives new
opportunities for growth and profit, however it is easy to conduct and everyone can set the
business but there are some degree of risk that exist while operate at global market.
Some risk that exist while operate at global marketplace that are Legal issues and
considerations that happens while an organisation operates in another country they have to
familiar with norms and conditions of other country's laws. The another challenge that language
issues and their respective barriers that hinders self interest of Thirdway in negative way. So to
eradicate these barriers from organisation, adopted various measures in positive way. Before
going global organisation have to plan and coordinate each and every important aspect such as
marketing plan, communication system and tariff and export fees so that they can gain optimum
outputs in context of organisation. They have to give proper education to employees regarding
changes within the organisation so that they can give one of their best efforts. Without proper
planning and coordinating organisation can not reach at optimum outputs.

(8 Challenges for Companies Going Global?, 2019), there are various kinds of challenges
that faced by an organisation while going global such as physical distance. In context of
Thirdway while they aimed to operate at global market place they have to create network which
is at large distant, which occurs too much cost and time to share knowledge and information to
one another. While operate at global level the culture of different nations vary from each other so
before going into global market it is very much necessary to understand the culture of particular
nation which is one of difficult task.
What are the ways to overcome from challenges which Thirdway faced ?
According to Daniel Bangser (How to overcome challenges to global expansion 2019)
there are many challenges while operating at global level but at that time organisation and their
higher authorities have to learn a lot specifically new business rules and regulations. It is very
much necessary to take proper measures about foreign investors and take help from them to
smooth functioning of works and activities. Organisation have to understand the tax regimes of
the country in which organisation planned to expand so that they can reap out major benefits out
of them. The one of most important factor while going global that is got taxation free that helps
to protect business and very tax friendly tax authorities that helps to educate organisations on
kinds of tax breaks that are available. To overcome from the concern of adapt to environment
and establish go to market strategies. In context of Thirdway while they face realities of new
market in order to organisation have to note down all possible strategies and tactics from the
previous lessons so that in future any kind of hindrances not appear. So barriers while enter into
global marketplace needed to build effective strategies to remain always competitive in
marketplace.
(Overcoming 5 top challenges of international expansion, 2019). while operate at global level
organisation faces kinds of challenges such as language and cultural barriers which create
problem while sharing or communicating knowledge and information to others. By using google
translator that translates language in other one and select a person who knows local language so
that desirable message should be transmitted. In context of Thirdway they use various kinds of
tools and techniques by which they share potential knowledge and information to ultimate
person.
Literature review gap:

While finding out the major deliverables to reach at desirable goals and objectives
researcher have to collect necessary knowledge and information that proved beneficial to
eliminate the gaps in research to attain desirable goals and objectives in proper way. In order to
researcher have to evaluate major gaps and build suitable strategies to gain objectives.
Research methodology:
While conduct that research, the qualitative research should be used that is an primarily
exploratory research and helps in gain understanding of reasons, opinions and motivation behind
research. On other hand in research approach deductive should be used that elaborates about
developing a hypothesis which based on existing theory or practice and then designs a strategy to
test hypothesis (Dussel, 2013.). The research philosophy that is used Positivism that adhere
about factual knowledge that should be gained by observation in which measurement that is
trustworthy in nature. For primary research Questionnaire also conducted in which insights
should be conducted from 30 respondents in which adults, businessman and various giant
organisations give their review about research objective. So the sample size should be in
prescribed form so that accurate results should be accomplish in proper way.
Research analysis:
Research analysis is the chain of activities that helps in systematically applying statical
tools and techniques to illustrate, recap and understand the data. It is an essential part to ensure
integrity of accurate analysis of findings of research to reach at desirable goals and objectives. In
that research paper various kinds of tables, graphs should be used and their proper interpretation
that helps in reap out proper results and enables to understand the language of data and statistics
in proper way. It proved beneficial for both learner and industrialist to understand data and reach
at desirable goals. While conducting questionnaire that helps in understand view point of
different class of people about research and their hidden insights so that organisation can know
proper response of the respondents.
Summary/ conclusion
From the above report it has been concluded that globalisation is a very important
concept that release all boundaries for world for economic growth. Globalisation plays major
role to get success by enlarge business opportunities to build product and services according to
consumer needs and demand. Before conducting research, researcher have to measure each and

every event and fix time frame so that proper results should be accomplished. Hence research
objective and aim are very much crucial to attain research goals and objectives.
Part 2 The Research and Report:
Executive summary or Abstract:
Globalisation is a series of various works and activities that proved useful to enlarge
business opportunities in better way. It is the word that used to describe interdependence of
world's economics, culture and population that helps in cross border transactions of goods and
services, technology and flow of investment opportunities with many more. This research report
was based on role and importance of globalisation in competitive world with various kinds of
challenges that faced by organisation to remain always leading position in marketplace. The
main purpose or objective of that research report was to communicate information that combined
result of the research and analysis with interpretation of various data and interpretation. By
covering large no. of topics by trans meeting knowledge and information by a clear object for a
large audience. Major research methods were questionnaire and both primary with secondary
consisted in it. The main objective of the report is to accumulate vast knowledge about research
topic which is Globalisation so that necessary outputs should be reaped in better way. It focused
on evaluation of various strategies and tactics to eliminate barriers while going global to reach at
desirable outcomes in positive way. From that research report it was evaluated that globalisation
one of most important term and proved useful for an individual as well as organisation to deal in
effective manner. To get better results organisation had to collect data and information from the
large population and accumulate accurate information.
Research Methodology:
A research method or methodology is a chain of activities or plan that proved useful for
conducting research (Axford, 2013.). There are variety of methods such as qualitative and
quantitative method in which includes experiments, surveys and observations with secondary
data. In that particular research main method to conduct research is Quantitative method that
evaluate various features, statistical tools and techniques by testing hypothesis with observations.
Primary research:
Primary research used and collected directly rather than depends on the other data
collected previously by others (Clark, 2014.). It is costly and time consuming in nature and
conducted to address over a particular research topic or subject to get right kind of value over a

research subject. In that particular research both primary and secondary research should be
conducted to get accurate results.
Secondary research:
In secondary research includes summary, collection data and statistics, synthesis of
already collected data and information (Cvetkovich, 2018). Primary and secondary research
contrasted to each other as in primary research collection of data and statistics involved that
other gathered by primary research. It is available easily and also at low cost. Secondary research
used for literature review and primary research used for questionnaire.
Survey research:
A survey is a method of research that respond over no. of statements or questions in an
interview or questionnaire (Czaika and De Haas, 2014.). It based on target population people on
which research should be focused. As population are large in nature then researcher focus on
samples that represent the whole population. In that research they focus on survey research to get
insights and knowledge over subject of the research. Survey should be conducted on 30
respondents which are part of population.
These data and statistics should be conducted by collecting surveys from various sources that
described above that is primary and secondary with survey method of research are very
important to conduct research properly.
In that particular research the both quantitative and qualitative research methods should
be used to get accurate results to reach at desirable outcomes. With in that project primary and
secondary source of information should be gathered to collect accurate knowledge and
information for collecting accurate and measurable results. With survey should be conducted
from the large population by taking large 30 sample size.
To conduct the proper research and development it is very much important to use the
various theories and practices that helps in delivering right kind of value to ultimate consumers.
By using the deductive which is concerned with the developing a hypothesis that are rely on the
existing theory and practice to build the strategy for testing it in proper manner. On other hand
realism philosophy relies on the independence of reality from the human mind that based on the
assumption basis to get optimum outputs.
Results/ Findings:

Findings are the outcomes of the research in which major objects that suggested by
project and results that revealed in positive way. It indicates sum or totality of outcomes to get
right kind of results in an organisation. The findings of that particular research is that researcher
found that they are unable to accumulate data and statistics that hinders self interest of research
objective. Sometimes people not able to give right kind of value and outcomes to get right
outcomes in proper way. So it is very much important for an organisation to collect information
and data that can be proved helpful to reap out important outcomes. So come out with findings
are very much important for organisation to deal in effective manner with issues or problems
faced by researcher.
Questionnaire:
Questionnaire is an important research instrument in which series of questions with
motive of collecting important knowledge and information from selected respondents in proper
way. It is very much significant to collect right kind of information from the selected
respondents concerning over a specific subject matter.
Discussion
Questionnaire
Q 1) Do you have knowledge about Globalisation?
a) Yes
b) No
Q 2) Do you think Globalisation helps in enhancing job opportunities?
a) Yes
b) No
Q 3) Is liberalization and Globalisation helps in improving the industrial relationship in an
economy?
a) Yes
b) No
Q 4) How Globalisation helps to employees in their career and economic growth?
a) By large job opportunities.
b) By giving technical knowledge.
c) Enhance their potentiality.

Q 5) How Globalization helps in enhance profitability of organization to lead in marketplace?
a) Fresh and potential talent
b) New markets
c) New and existing consumer base.
Q 6) what are the potential results after applying Globalisation in the whole world?
a) High market ratio
b) Higher profitability
c) High competition level.
Q 7) Is Globalization gives better working culture to employees?
a) Yes
b) No
Q 8) Is Globalisation become the cause of increase in poverty and inequity?
a) Agree
b) Disagree
Q 9) what are the reasons that multinationals or which adopt globalisation become so powerful?
 Due to capitalism
 Already well established
 Government support
Q 10) Is Globalisation is the result of Unification with Global market with its constraints?
 Yes
 NO
Q 11) Is Globalisation become the cause of increase in pollution and proved harmful for natural
resources?
 Yes
 No
Q 12) How Globalisation helps in enhance cultural diversity and technology?
 Diversification in people
 Operating simultaneously in various countries
 Demanding consumer base.
Q 13) What kind of risk associated with increase in competition?
 Higher cost

 Negative impact on Economy
 Reducing sustainability
Q 14) How international trade can be enhance?
 By eliminating government restrictions
 By adopting strategies of global expansion.
 By accessing demands of consumers.
Q 15) What are the challenges faced by an organisation while adopting globalisation?
 Trade barriers
 Barriers in transactions of money or currency
 High level of competition
Q 16) Which factors considered basic source of Globalisation?
 Economic
 Culture
 Technology
Q 17) “ Globalisation is a process by which the world becoming increasingly interconnected as
a result of massively increased trade and cultural exchange” Are you agree with that concept of
Globalisation?
 Agree
 Disagree
Q 18) What are the recent trends in Globalisation?
 The dismantling the national barriers
 Increasingly standardisation and uniformity
 Global participation
Q 19) Is Globalisation proved helpful in raising standard of people?
 Yes
 No
Q 20) Is Globalisation and Profitability have close relationship with each other?
 Yes
 No

Data analysis
Theme 1: Globalisation
Q 1) Do you have knowledge about
Globalisation?
Frequency
a) Yes 18
b) No 12
Interpretation:
Globalisation is one of the most important concept that proved beneficial for organisation
to deal in effective manner to enlarge business opportunities. It gives better life to live and
enhance their living standard by evaluating their demands in better way. From the above graph it
has been summarised that 18 Respondents know about that concept that are very important and
12 people curious to know about it.
Theme 2: Globalisation enhancement in job opportunities
Q 2) Do you think Globalisation helps in
enhancing job opportunities?
Frequency
a) Yes 20
b) No 10
a) Yes b) No
0
5
10
15
20
18
12
Column B
20
10
a) Yes
b) No

Interpretation:
Globalisation is one of most important factor that helps to enlarge business opportunities
and opens the door for global expansion. With help of Globalisation organisation can be able to
select and retain potential employee from the whole world and also a candidate can search out
their desirable job opportunities that helps to enhance job opportunities. Now people not restrict
to give their contribution in a particular sphere they can apply for a job anywhere. From the
above graph it has been summarised that 20 respondents give remarks in favour of that statement
and 10 respondents deny for it.
Theme 3 Role of liberalisation and globalisation:
Q 3) Is liberalization and Globalisation helps in
improving the industrial relationship in an
economy?
Frequency
a) Yes 25
b) No 5
Interpretation:
Globalisation and liberalization helps in building strong relationship within industries as
after globalisation they rely on each other for satisfying needs and demands to give best products
to ultimate consumer. Business of various industries depends on one another and fluctuations in
25
5
a) Yes
b) No

their business affect on their profitability. So reliance on each other helps in building strong
relationship within them. From the above graph it has been summarised that it helps in creating
strong relationship as 25 respondents favours that statement.
Theme 4 Role of globalisation in career and economic growth:
Q 4) How Globalisation helps to employees in
their career and economic growth?
Frequency
a) By large job opportunities. 20
b) By giving technical knowledge. 5
c) Enhance their potentiality. 5
Interpretation:
Globalisation proved helpful for both organisation as well as individual to get large
opportunities in better way. It enables to an individual to get large job opportunities as people
can get jobs from anywhere in the whole world. When people operating in higher technical
sphere they can be able to get technical knowledge and information in better way that not only
proved beneficial for organisation as well as for an individual and it ultimately enhance their
potential level and they become more competent in market. It enhances their market value as the
are able to give best services. From the above Bar chart 20 respondents gives remarks in favour
that globalisation helps in giving wide job opportunities to people.
20
5
5
a) By large job opportunities.
b) By giving technical
knowledge.
c) Enhance their potentiality.

Theme 5
Q 5) How Globalization helps in enhance
profitability of organization to lead in
marketplace?
Frequency
a) Fresh and potential talent 15
b) New markets 10
c)New and existing consumer base. 5
Interpretation:
Globalisation is one of most important attribute that helps in enhance profitability of an
organisation by get fresh and potential workforce that are rare in nature and helps in gaining
competitive market place. Globalisation also proved beneficial to open new marketplace in
which new kinds of consumers with advance needs and demands so that potential results should
be accomplished in better way. From the above graph it has been evaluated that 15 respondents
gives remarks in favour of that statement that globalisation helps in enhance profitability of an
organisation.
Theme 6
Q 6) what are the potential results after
applying Globalisation in the whole world?
Frequency
a) High market ratio 10
b) Higher profitability 10
15
10
5
a) Fresh and potential talent
b) New markets
c)New and existing consumer
base.

c)High competition level. 10
Interpretation:
Globalisation is one of most important factor that come into existence into the whole
world that opens boundaries of international trade that proved fruitful for both organisation and
individual. It gives new market in which businesses can be expand and it helps in gaining high
level of profitability to build products as per the consumer needs and demands in proper way.
When all organisation can be operate at global level it enhances competition level at very great
extent. From the above graph it has been summarised that globalisation proved beneficial for
organisation to deal in effective manner for gaining higher profitability. Respondents equally
gives remarks in favour of that question.
Theme 7
Q 7) Is Globalization gives better working
culture to employees?
Frequency
a) Yes 25
b) No 5
10
10
10
a) High market ratio
b) Higher profitability
c)High competition level.

Interpretation:
Globalisation helps in giving best work practices and environment in which every one
can work with full potential. As with advent of globalisation more potential people are in
demand and to retain them, organisation have to give best working environment that help in
amend culture that enhance potentiality of market. In favour of that question 25 respondents are
in favour that globalisation amend the working culture of organisations.
Theme 8
Q 8) Is Globalisation become the cause of
increase in poverty and inequity?
Frequency
a) Agree 25
b) Disagree 5
Interpretation:
Globalisation can enhance inequality with the factors of specialisation and trade as
organisations become globalised ratio of money resides gradually in hands of few people by
capitalised larger opportunities. As organisations which not able to expand in international
a) Yes b) No
0
5
10
15
20
25
25
5
Column B
a) Agree b) Disagree
0
10
20
30
25
5 Column B

market they resides at low level and richer become richer gradually. From the above graph it has
been summarised that globalisation enhance the gap in people as rich become more rich and poor
become more poor. In that survey 25 respondents gives remarks in favour of that statement.
Theme 9:
Q 9) what are the reasons that multinationals or
which adopt globalisation become so
powerful?
Frequency
a) Due to capitalism 20
b) Already well established. 5
c) Government support 5
Interpretation:
Multinationals organisations with help of globalisation can be able to get vast
opportunities that is large market share, easily beat their competitors and frame products as per
market needs and demands in proper way. With the advent of capitalisation organisation only
focus on earning profit and not focus on welfare of people that bring economic inequality that
proved hazardous for people but it is beneficial for organisation to become more richer. From
the above graph it has been summarised that 20 respondents gives in favour of that due to
capitalism companies become more richer day by day.
Theme 10:
20
5
5
a) Due to capitalism
b) Already well
established.
c) Government support

Q 10) Is Globalisation is the result of
Unification with Global market with its
constraints?
Frequency
 Yes 20
 NO
10
Interpretation:
Globalisation is the result of unification of global market and its various constraints that
are competition level, demands of consumers and willingness to earn larger market share to
enlarge business opportunities at great extent. With help of unification organisations can be able
to operate at global level and reap opportunities. In that 20 respondents gives remarks in favour
that globalisation is the result of unification.
Theme 11
Q 11) Is Globalisation become the cause of
increase in pollution and proved harmful for
natural resources?
Frequency
a) Yes 18
b) No 12
Yes
NO
0
5
10
15
20
20
10
Column C

Interpretation:
As rise in globalisation organisation and individuals to grab large no. of opportunities
exploit natural resources and polluting continuously the environment. It create hazardous effect
on health of a people with environment. So it can be said that it put adverse effects on
environment. In that aspect 18 respondents gives remarks in favour of that statement that
globalisation harms the environment.
Theme 12
Q 12) How Globalisation helps in enhance
cultural diversity and technology?
Frequency
a) Diversification in people 12
b) Operating simultaneously in various
countries
12
c) Demanding consumer base. 6
Interpretation:
a) Yes b) No
0
5
10
15
20
18
12
Column C
12
12
6
a) Diversification in people
b) Operating
simultaneously in various
countries
c) Demanding consumer base.

With the advent of globalisation organisations can be able to operate in different nations
simultaneously and earn attention of large no. of consumer base. As globalisation helps in
bringing diversified workforce because they simultaneously deals or operates in various nations
so they have to appoint people from various backgrounds that specialise in many skills.
Organisation have to adopt advance technology due to more demanding consumer base to lead in
market. In that context 12 respondents gives in favour of that it diversified workforce and while
operating in various nations simultaneously it brings technological advancement and diversified
workforce.
Theme 13
Q 13) What kind of risk associated with
increase in competition?
Frequency
a) Higher cost 10
b) Negative impact on Economy 12
c)Reducing sustainability 8
Interpretation:
As globalisation rises level of competition also rises very rapidly and due to high level fo
competition organisations have to face many challenges and problems that are higher cost that
affects organisation profitability in adverse manner with it impact negatively on economic
growth of organisation and organisations that are not enough competitive in market they not able
to sustain for long time in market. As per the above graph respondents gives remarks in favour
that it negatively impacts on economy and 10 respondents for higher cost.
Theme 14
10
12
8
a) Higher cost
b) Negative impact
on Economy
c)Reducing sustainability

Q 14) How international trade can be enhance? Frequency
a)By eliminating government
restrictions
16
b) By adopting strategies of global
expansion.
6
c) By accessing demands of consumers. 8
Interpretation:
International trade is very much important for organisation as well as economy to give
larger opportunities of employment and high profit ratio also. To raise international trade various
measures should be taken that government have to remove restrictions on international trades
with various organisation by adopting expansion strategies such as merger, acquisition and many
more can go global. With by evaluating needs and demands of consumers they can enlarge
business opportunities. As per the above graph it has been summarised that international trade is
very much important for an organisation as well as individual and 16 respondents gives in favour
of it that by eliminating government restrictions organisation can expand at international
marketplace.
Theme 15
Q 15) What are the challenges faced by an
organisation while adopting globalisation?
Frequency
a) Trade barriers 10
b) Barriers in transactions of
money or currency
15
16
6
8
a)By eliminating
government restrictions
b) By adopting strategies of
global expansion.
c) By accessing demands of
consumers.

c)High level of competition 5
Interpretation:
While organisation being globalised it faces various kinds of challenges that hinders self
interest of an organisation to deal in effective manner. It can be possible by proper planning and
building strategies to comply with changes as per the demand of an industry. As in context of
Thirdway when they plan to going global they need to address some hurdles that they can
challenges in future that are trade barriers which is a government imposed restrictions on easy
flow of knowledge and information. In that barriers most common is tariff or tax on imports that
raise cost of operations and price of imported goods and services. The another major barrier is
problem in transactions of money or currency of which values vary from country to country and
it differ as per the various factors that directly related with these factors. Some other major while
operate at global level organisation have to face fierce level of competition level that put
negative effects on organisation goals and objectives. To lessen down its effects organisation
have to build strategies and tactics and by adding some more features in goods that are unique in
nature and competitor can not copy it easily. 25 respondents gives that major barrier is to transact
money or currency that are vary from country to country that create problem while dealing in
various nations.
Theme 16
Q 16) Which are the factors that considered
basic source of Globalisation?
Frequency
 Technology 10
10
15
5
a) Trade barriers
b) Barriers in
transactions of money or
currency
c)High level of competition

 Culture 10
 Economic 10
Interpretation:
There are many sources of globalisation that are culture, economical, social and political
that are directly impacts on organisation while operating at international level. As technology
changes organisation for adopting it have to operate at global scale as needs and wants of
consumers changes organisation have to operate at global level to remain always competitive in
marketplace. With economic factor which is a world wide phenomenon in which economic
situations of one country directly depends on other countries economic situation so that
dependence is one of most important cause to being globalise. With culture that is transmission
of ideas and views across national and international boundaries that is possible by consumption
of cultures with help of internet, well known culture and while visiting various nations. So all are
very much important sources that helps in going global to deal in effective manner. In that
respondents give equal remark to each factor by considering that all are very important factor to
going global.
Theme 17
Q 17) “ Globalisation is a process by which the
world becoming increasingly interconnected as
a result of massively increased trade and
cultural exchange” Are you agree with that
Frequency
10
10
10
Technology
Culture
Economic

concept of Globalisation?
 Agree 20
 Disagree 10
Interpretation:
As per the statement Globalisation is the need of today's world to reach at large no. of
consumer base for that organisation have to depend on each other. The major reason for
interconnection for accomplishment of resources and other major factors that are very much
significant to remain always relevant in marketplace. With when people migrate from one nation
to another nation they enforced to share their culture with each other and learn also new things to
fulfil their emerging needs and wants in proper way. The major cause of globalisation is
enhancement in international trade, interdependence on global economy and free movement of
capital, goods with services and popularity of organisations to remain relevant in market.
Theme 18
Q 18) What are the recent trends in
Globalisation?
Frequency
 The dismantling the national barriers 16
 Increasingly standardisation and
uniformity
4
 Global participation 10
Agree Disagree
0
5
10
15
20
20
10
Column B

Interpretation:
In Globalisation there are some trends that directly and indirectly affect business of
organisations and it is very much obligatory to understand these trends in a very close manner so
that important outputs can be reap out. There are some important trends in globalisation that are
dismantling national barriers by it they can be able to operate in other countries in successful
manner by get important benefits out of it. Organisations by evaluating taste and preferences of
their consumer base can be operate in international boundaries and gain competitive advantages.
With enhance product's standards by adding some unique features into it and uniform kind of
products helps a organisation to being globalise and get important benefits. With involved in
various meetings that helps in giving essential knowledge to reap out important results in better
way. From the survey it has been evaluated that by dismantling national barriers an organisation
can be operate at global level with 16 respondents give positive remarks in favour of it.
Theme 19
Q 19) Is Globalisation proved helpful in raising
standard of people?
Frequency
 Yes 22
 No 8
16
4
10 The dismantling the national
barriers
Increasingly standardisation
and uniformity
Global participation

Interpretation:
Globalisation proved beneficial in giving best quality products and services to the
ultimate consumers. It find out major spheres and fill that gap by giving best qualitative products
to their potential consumers. As consumers become more demanding day by day organisations
also find out ways through which they can give willing products to their consumer base to give
them satisfaction. With advent of globalisation organisation become more aware about consumer
s needs and wants and finding out appropriate ways through which they can serve best to their
ultimate consumers. So globalisation directly helps in increase the living standard of people by
giving products that are technically efficient simultaneously consumers also ready to give higher
prices for it. So both attributes related with each other to give delighted experience to consumer
base in positive way. For it 22 respondents gives favour remark for it.
Theme 20
Q 20) Is Globalisation and Profitability have
close relationship with each other?
Frequency
 Yes 25
 No 5
Interpretation:
Yes No
0
10
20
30 22
8 Column B
Yes No
0
10
20
30
25
5
Column B

Globalisation and profitability directly related to each other as organisation expand their
business by finding out needs and wants of their consumer base as organisation can be able to
gain higher profitability. While organisation as efficient to build products as per the consumer
demand they are easily able to charge higher pricing for it that directly improve profit ratio of an
organisation. So it can be said that globalisation and profitability directly related to each other.
For hat 25 respondents gives positive remark for that statement.
CONCLUSION
From the above research report it has been summarised that globalisation is one of most
important attribute that help in enhancement of organisation as well as individual. It is very much
potential for an organisation to eliminate challenges and get right kind of profit by enlarge
business opportunities in better way. For elimination of challenges organisation have to prepare
proper plans and strategies that helps in accomplishing right kinds of goals and objectives. For an
organisation it is essential by examining taste and preferences of consumers build products
accordingly and time to time bring changes in their product features by going global so that
organisation always remain competitive in market.
RECOMMENDATION
After conducting the research it has been recommended that it is very much potential for
the researcher is to get right kind of output by putting right kind of resources to remain always in
leading position. It a researcher it is very much necessary to take samples from the large
population so that accurate results should be accomplished in proper manner. Researcher have to
use various kinds of sampling tools and techniques so that desirable results should be
accomplished as determined by the researcher. In order to Thirdway have to evaluate various
factors that can be proved helpful in understanding the importance of globalisation and factor
that can be evaluated before going global in proper manner so that rights kinds of output an
organisation can reap out in positive way. Hence it has been recommended that organisation
have to properly collect data and information to reap out important results.
REFLECTION
From that research I can be able to understand the key aspect of the research and it
enhances my knowledge about which method of sampling gives accurate results to get right kind
of outputs to reach at desirable goals and objectives. I can be able to accumulate knowledge

regarding team building as per requirement of the research. So it can be said that from that
research I can be able to get enough knowledge and skills that proved beneficial to get right
kinds of input. The major reason or cause behind choosing primary and secondary sources of
collection of data and statistics that primary data helps in accomplish accurate information which
is costly and time consuming but helps in accumulate right kind of information. On other hand
secondary source of information available easily and not so much costly so that researcher not
have to spend lot of amount to get accurate results. In collecting data and information for reap
out important results organisation uses survey method in which they use questionnaire that with
it researcher can be able to reach at large no. of consumer base and it is very much economical in
nature. With answers of questionnaire are easily analyse that helps in taken out important results
in positive way.
Gibbs model of reflection:
Gibbs reflective cycle is a self evaluation model which starts with the description and
continues to feelings, evaluation, analysis and conclusion and ends up to action plan.
Description:
AS per the respective activity which describe the whole situation without taking or
drawing any conclusion regarding it. While conducting research I face problem of financial
scarcity that impacts directly on the whole plan and policies of the research. In that regards we
list down all the activities remaining in the research and sources from which we can acquire
funds to meet the requirements.
Feelings:
This phrase denotes about the feelings or events which triggers and thought during the
whole process. While funds and resources are not in sufficient. In order to I feel as an researcher
that we have to properly plan and coordinate each and every event so any kind of problems not
arise in whole situation.
Evaluation:
In respective stage the individual evaluate the experiences of the whole event either it
good or bad. In that aspect the future projection approach work well to coordinate and manage
each and every event in proper manner. As an researcher my contribution is to find out the root
cause of misconception and tools that majorly helps to improve the condition in better manner.
Analysis:

This phrase elaborates about learning from the situation and what are the future steps to
combat similar problem. While facing the financial discrepancies I planned to project each and
every event in proper manner and deliver right kind of knowledge and information to proper one
so that any kind of hurdles not arise at the time of research.
Conclusion:
In concluding part of reflection researcher take step back an access important information
and evaluate the whole situation. As an researcher while I face financial scarcity then proper
planning and coordinating helps to reach at desirable goals and objectives.
Alternative research methodologies:
In respective research the primary method of data collection is Questionnaire which is
very much important for an researcher. It helps to reach at large no. of people which is relatively
easily and economic in nature. As an alternative primary research method tool interview should
be used that proved useful in asking detailed questions that helps in major decision making and
responses are recorded in proper manner for future use. But it is very much expensive and time
consuming in nature so questionnaire is very much important for the researcher to accumulate
necessary knowledge and information.

REFERENCE LIST
Books and journals:
Axford, B., 2013. Theories of globalization. Polity.
Clark, J.D., 2014. Worlds apart: civil society and the battle for ethical globalization. Routledge.
Cvetkovich, A., 2018. Articulating the global and the local: Globalization and cultural studies.
Routledge.
Czaika, M. and De Haas, H., 2014. The globalization of migration: Has the world become more
migratory?. International Migration Review. 48(2). pp.283-323.
Dussel, E., 2013. Ethics of liberation: In the age of globalization and exclusion. Duke University
Press.
Enloe, C., 2016. Globalization and militarism: Feminists make the link. Rowman & Littlefield.
Eriksen, T.H., 2014. Globalization: The key concepts. A&C Black.
Gills, B.K. and Thompson, W., 2012. Globalization and global history. Routledge.
Gwynne, R.N. and Cristobal, K.A.Y., 2014. Latin America transformed: globalization and
modernity. Routledge.
Hickson, D.J. and Pugh, D.S., 2014. Management Worldwide: Distinctive Styles Among
Globalization. Penguin UK.
Hirst, P., Thompson, G. and Bromley, S., 2015. Globalization in question. John Wiley & Sons.
Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012. Strategic management cases:
competitiveness and globalization. Cengage Learning.
Kalemli‐Ozcan, S.E.B.N.E.M., Papaioannou, E. and Peydro, J.L., 2013. Financial regulation,
financial globalization, and the synchronization of economic activity. The Journal of
Finance. 68(3). pp.1179-1228.
Maringe, F. and Foskett, N. eds., 2012. Globalization and internationalization in higher
education: Theoretical, strategic and management perspectives. A&C Black.
Meyfroidt, P., Lambin, E.F., Erb, K.H. and Hertel, T.W., 2013. Globalization of land use: distant
drivers of land change and geographic displacement of land use. Current Opinion in
Environmental Sustainability. 5(5). pp.438-444.
Moghadam, V.M., 2012. Globalization and social movements: Islamism, feminism, and the
global justice movement. Rowman & Littlefield Publishers.
Monahan, T., 2013. Globalization, technological change, and public education. Routledge.
Payne, M. and Askeland, G.A., 2016. Globalization and international social work: Postmodern
change and challenge. Routledge.
Smith, N., 2017. The satanic geographies of globalization: uneven development in the 1990s. In
Development (pp. 383-403). Routledge.
Stratton, J., 2013. Cyberspace and the Globalization of Culture. In Internet culture (pp. 253-
275). Routledge.
Online:
Globalization: The Concept, Causes, and Consequences 2019 [Online] Available
through<https://piie.com/commentary/speeches-papers/globalization-concept-causes-
and-consequences>.
Why Has Globalization Become so Important? 2019 [Online] Available through
<https://smallbusiness.chron.com/globalization-become-important-77671.html>.