BTEC HND Business: Research Project on Globalization and M&S

This report examines the impact of globalization on Marks & Spencer (M&S), focusing on its financial performance, market strategies, and the challenges it faces. The research investigates how globalization influences M&S's success by analyzing its financial performance, its approach to foreign markets, and the challenges encountered. The report is structured around several key themes, including the concept of globalization, M&S's operational practices, the impact of globalization on the organization, the role of foreign direct investment, and the challenges associated with globalization. It also evaluates the impact on financial performance over a three-year period, improvements in sales, employment creation, and the acquisition of new knowledge and skills. The findings highlight the importance of globalization for improving operational efficiency, managing financial risks, and creating new job opportunities while addressing challenges related to cultural issues and technological advancements. The report concludes with recommendations for M&S to enhance its globalization efforts, emphasizing the importance of technological training, economies of scale, and efficient resource allocation. The report emphasizes maintaining regulatory compliance and brand integrity.

DATA ANALYSIS

Research aims and objectives
Aim: To investigate how globalization helps in attaining success in business. A study
on M&S.
Objectives
To identify the influence of globalisation on financial performance of the business.
To analyse how globalization helps in succeeding in foreign markets.
To examine the challenges of globalisation that M&S can face.
To evaluate whether globalisation affect business sales performance

Theme 1: Globalisation concept

Theme 2: Working in this organization

Theme 3: Impact on organization hope with
reference to globalisation

Theme 4: Globalisation has introduced issues
related to foreign direct investment

Theme 5: Challenges due to globalisation

Theme 6: Impact on financial performance over 3
years

Theme 7: Improvisation on sales

Theme 8: Employment creation

Theme 9: Impact on knowledge and skills after
globalisation

Summary
 From the above discussion, it has been extracted that majority of managers were well
known about globalisation and senior most person were highly aware about the present
topic.
 With their reference, globalisation has impacted organization for purpose of raising
operational efficiency and financial risk coverage.
 In the same series, it has been articulated that globalisation has also introduced various
issues but its profit are highly weighted so it is appropriately balanced.
 Moreover, cultural issue is major barrier of globalisation and its sales has been raised
because of innovative features.
 Furthermore, it is discussed that numerous jobs have been created and this helped for
gaining knowledge and skills as well.