First Mile: Research on the effects of globalisation on business

This report examines the impact of globalization on businesses, specifically focusing on First Mile. The research explores the benefits and drawbacks of operating in a global business environment, including the effects of offshoring and outsourcing. The findings highlight the importance of market analysis and legal considerations. The report concludes that globalization can boost business growth by increasing competition, stimulating human resource development, and restructuring organizational culture. The study aims to identify how First Mile can navigate the challenges and leverage the opportunities presented by globalization to improve business performance. Recommendations include a thorough understanding of market conditions and compliance with legal frameworks.

Research Project

Table of content
 Introduction
 Research Aim
 Research Objectives
 Findings
 Recommendation
 Conclusion

Introduction
Globalisation refers to the most advance factor that help in
developing economies, by making market at both national
and international level more efficient. It increases level of
competition among organisations, limited military conflicts
and spread business across other countries.

Research Aim
“To ascertain the benefits and drawbacks of global business
environment for organisation that operates its business
globally” - A study of First Mile .

Research Objectives
 To understand the concept of globalisation and global
business environment.
 To assess the benefits and drawbacks of global business
environment for First Mile.
 To identify the impact of global operations on business
performance of First Mile.
 To recommend the ways through which First Mile can
overcome drawbacks of global business environment.

Findings
Theme: Aware about globalisation concept.
30
10
a) Yes
b) No

Theme: Offshoring and outsourcing is beneficial for
business organisation at global market place.
25
15
a) Yes
b) No

Theme: Offshoring is beneficial for First Mile while running
business at international market.
30
10
a) Offshoring
b) Outsourcing

Recommendation
Proper analysis of market and market conditions will help
First Mile to deal with the negative impacts of global
business environment. Legal factors should be at utmost
consideration because, this makes it possible the closure
of business in the market.

Conclusion
With the discussion on globalisation, it has been concluded in the
end that this concept tends to increase the growth of business,
in world trade more effectively. It helps in boosting
technology, increasing competition, stimulating human
resource development, restructuring the organisational culture
at workplace and more.

Thank You...