Assessing the Impact of Globalisation on the UK Retail Industry Economy

Short research proposal
Table of Contents

Research Topic: Assessing the impact of globalisation on the UK retail industry economy. A
research project on Tesco.................................................................................................................1
Introduction......................................................................................................................................1
Theoretical background and research focus.....................................................................................1
Research aim..........................................................................................................................1
Research objectives................................................................................................................1
Research questions.................................................................................................................2
Brief Literature Review..........................................................................................................2
To review about the concept of globalisation along with recent changes brought by global
economy.................................................................................................................................2
To assess about the impact of globalisation on the retail industry within the economy of UK.
................................................................................................................................................3
To determine some effective strategies for Tesco plc to have wider expansion opportunity and
competitive strength in current global environment...............................................................4
Justification and contextualization...................................................................................................5
Research Methodology....................................................................................................................5
REFERENCES................................................................................................................................9

Research Topic: Assessing the impact of globalisation on the UK retail
industry economy. A research project on Tesco
Introduction
Globalisation has tend to lead an increased level of interconnectedness and enhanced
interdependence of countries and people at international level which comprises of opening of
international birders to support fast flow and movement of services, goods, ideas and people
(Ernst and Haar, 2019). This easy and flexible movement of goods and services along with
human being and technology has lead to many influence and impact on retail industry in form of
enhanced expansion opportunity along with higher competition level. Therefore, current
investigation is lead out on Tesco plc to analysis about the concept of globalisation along with
evaluating its impact on the retail industry within the economy of UK. Tesco Plc is a well known
British multinational groceries and general merchandise retailer which is having its main
headquarter in Welwyn Garden City, England, UK (Gauthier, 2019). Thus, Tesco is most
suitable organisation to evaluate about the impact of globalisation on retail industry. Further
current report consists of discussion about aim and objectives along with a brief literature review
and proposed methodology for conducting a research project.
Theoretical background and research focus
Research aim
To analysis about the concept of globalisation along with evaluating its impact on the
retail industry within the economy of UK. A research project on Tesco Plc.
Research objectives
 To review about the concept of globalisation along with recent changes brought by global
economy.
 To assess about the impact of globalisation on the retail industry within the economy of
UK.
 To determine some effective strategies for Tesco plc to have wider expansion opportunity
and competitive strength in current global environment.
1

Research questions
 What is meant by the concept of globalisation along with recent changes brought by
global economy?
 What possible impact of globalisation could be seen on the retail industry within the
economy of UK.
 Which can be taken as some effective strategies for Tesco plc to have wider
expansion opportunity and competitive strength in current global environment?
Brief Literature Review
This section provides analysis and review of secondary form to data to facilitates support
and base for investigation through leading systematic analysis of set topic and its objective (Hirst
and Thompson, 2019). The current literature review is based on the topic of globalisation along
with its impact on the retail industry for which various online article and journals are review, a
discussion and analysis of which is provided as below:
To review about the concept of globalisation along with recent changes brought by global
economy.
As per the view point of Ball, S. J., Junemann, C. and Santori, D., 2017, the concept of
globalisation is mainly associated and related with the speedup in the movement and exchange of
services, goods human being, capital and technologies across the various nation at global
economy. Further, it has been observed that the globalisation consists of a set of economic,
political, cultural and social process which has lead to and contribute in developing better
relationship between societies and communities around the world which ales it a progressive
process through exchange and flows of surplus resources to meet the intensified need of the
world. Beside this, It has been analysed and implicated that globalisation has accelerated the
global growth and tend to reduce the poverty reduction by the means of better flow and
movement of needed goods and services (Kirchmer, 2017).
Further, with respect to the information provided by Beer, A. and Clower, T. L., 2019, the
recent changes brought by global economy comprises of an improved level of technology lead
out by enhanced flow of IT and communication at global level that tend to have many positive
impacts on current economy development. Further, High level of investment opportunity in form
of enhanced flow of capital is also a change and effect lead out by globalisation. Apart from this,
the main change brought by globalisation consists of enhanced level of expansion opportunity
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