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The Impact of Globalization on the Business- PDF

   

Added on  2021-02-20

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RESEARCH PROPOSAL AND ETHICALFORMS
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Research Proposal FormStudent Name: ______________________ Student ID:____________Centre Name: _____________________Tutor: ________________ Date:___________________Unit: ____________________Proposed Title: How globalisation can drive business success .Section One: Title, objective, responsibilitiesTitle or working title of the research project (in the formof a question, objective or hypothesis)The main aim of this investigation is “ To identify how globalisation can drivebusiness towards success. A Study on Waitrose. Research objectives (e.g what is the question you want toanswer? What do you want to learn how to do? What doyou want to find out?):To examine concept of globalisation.To determine advantages of globalisation in regards with Waitrosecompany. To analyse impact of globalisation on success of Waitrose business.To identify the challenges which can be faced through Waitrose whileglobalising its business. Section Two: Reasons for choosing this research projectReasons for choosing the project (e.g links to othersubjects you are studying, personal interest, future plans,knowledge/skills you want to improve, why the topic isimportant):This research is taken in to the consideration on How globalisation can drive thebusiness success. This research helps in give the better understanding aboutglobalisation concept. In personal context, motive of a learner to conduct this1
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research for self- interest and getting knowledge related to personal area.Section Three: Literature sources searchedUse of key literature sources to support your researchquestion, objective or hypothesis: Globalisation conceptAccording to opinion of Didem Buhari Gulmez (2017) it has been stated thatglobalisation is related to opening of local and nationalist perspectives to wideroutlook of interdependent world with transfer of services and capital across theboundaries. It does not include an unhindered labour movement as suggested bysome of economist which may be impact on small economies. Globalisation canbe thought of outcome as opening of global economy and increase trade betweennations.Advantages of globalisation in regards with Waitrose companyOn the basis of opinion of Tejvan Pettinger (2017) Globalisation affected eachaspect of modern life. With the help of using globalisation, company can do thefree movement of services and products which are created by staff membersaround world in an effective way. Some of the benefits related to globalisation ofWaitrose given below:Technological innovation- Under this, increased competition through usingglobalisation helps in stimulate the development of new technology mainly withthe development in FDI. It will be helpful in make improvement in the economicoutput by making procedure more effective. Economies of Scale-Globalisation is helpful in enable large sizeorganisations in order to realise economies of scale for reduce costs whichsupports in economic development. Impact of globalisation on success of Waitrose businessAccording to viewpoint of Dennis and Michael Evans (2015) it has been statedthat Globalisation is defined as the political, economic and social changes whichneed to be adapt to do. Globalisation provides better opportunity for people togive their contribution in minimize poverty in world. Globalisation helps in makerelation between two various countries stronger. In addition to Waitrose, this2
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