Analyse the Global Business Environment: Tesco Case Study Report

This report provides an in-depth analysis of the global business environment, focusing on the benefits and drawbacks of globalisation and their impact on business functions, using Tesco as a case study. It begins with an introduction to globalisation, its definition, and its effects on businesses. The report then outlines the research aim, objectives, and questions, followed by a comprehensive literature review that explores the concept of globalisation, its benefits (such as improved business practices, higher competitive edge, and access to advancement), and its drawbacks (including inequality and trade imbalances). The research methodology section details the type of investigation, research approach, and data collection methods. The report also includes a table of contents, introduction, and a reflection and recommendation for alternative research methodology. The goal is to provide a comprehensive understanding of globalisation's impact on businesses, with practical insights from the Tesco case.

Research Project

Table of Contents
TITLE .............................................................................................................................................1
Introduction......................................................................................................................................1
Literature Review ............................................................................................................................4
Research Methodology ...................................................................................................................7
Data Analysis and Interpretation ..................................................................................................10
Discussion .....................................................................................................................................20
Reflection & recommendation for alternative research methodology...........................................22
REFERENCES..............................................................................................................................24
Appendix .......................................................................................................................................26

TITLE
The benefits and drawbacks of a global business environment.
Introduction
Overview of the Research
Globalisation is considered as a term that is applied to analyse how countries, an
individual and enterprises across the globe are becoming much interrelated with each other as a
force like wise global finance, engineering processes, media etc. which creates easier and
effective for goods, facilities, people or ideas to crosswise international borders. Global business
environment is refers as the state of affairs in multiple independent nation with cause exogenous
to he home state of affairs of the organisations that majorly impacts the determination or the
process of decision making of an organisation that related to resources and capabilities.
Globalisation has benefits as well as drawbacks for the businesses, thus globalisation provides
possibility to the organisations to achieve economic development around the commercial centre.
Furthermore, it can also assist to challenges connected with economies, social welfare and the
environment. Tesco is the selected enterpises for this specific investigation work as it is a large
British Multinational organisation which mainly functions in general and groceries merchandise
retailer. The potential concern of the firm is to spread out its businesses at wider level via
analysing the global business environment for the purpose of attainment of higher growth and
success within market place. The present study is based on the study of the benefits and
drawbacks of globalisation upon business functions as in this in-depth evaluation will be
conducted to drawing valid and reliable outcome. Aim and objectives are created to provide
support to the overall research work and literature review will be conducted to develop an
effective theoretical framework which provides proper information by the analysis of the
perspective of different communicator and authors. Forthermore appropriate methods will be
applied to carry out the work in right manner and data analysis will taken place with the help of
the analysis of primary and secondary data. Furthermore proper conclusion and recommendation
will provided to effectively completion of the work in right manner.
Background of the Research
The present investigation depends on the investigation of the advantages and downsides
of globalization upon business capacities. In the present current business condition the key
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intention of every little just as enormous business endeavors is to giving higher development and
accomplishment inside commercial center through extension of business inside worldwide
market. Globalization is a pivotal viewpoint which assumes crucial job in development and
advancement of business and furthermore drives different difficulties for the business. Tesco Plc
is significantly exchanging as Tesco, it is a most driving British Multinational staple goods and
general product retailer organization. Tesco is set up in the time of 1919 by the potential
endeavors of Jack Cohen. The headquarter of the firm is in Welwyn Garden City, Hertfordshire,
England United Kingdom. The organization bargains in store, Hypermarket, Superstore and
Convenience Shop. The organization works in around 6569 area. Significant activities of firm
are worked by its backups which are accessible in various structures like Tesco Stores Ltd.,
Tesco Bank, Tesco Mobile, Tesco Ireland, Tesco Family Dining Ltd. and so on. The significant
intention of the firm is to turn into the biggest worldwide retailer brand in regard to achievement
of higher development and achievement.
Rational of the Research
The key purpose of execution of an investigation is to addressing an issue in effective
manner by the analysis of appropriate information. The chosen area of work is related with the
study about the benefits and drawbacks of globalisation upon business functions, thus this is an
effective study which is appropriate in providing suitable determination regarding the chosen
work. This research is effective in exploring the idea and knowledge base of learners within the
area of globalisation and its benefits and drawbacks for business function. The potential purpose
of conducting this research is to addressing the issue through execution of in-depth analysis, thus
the present investigation is executed for the individual curiosity of researcher. This study is
effective in developing the professional and personal development of learner, however detailed
analysis of the project assist people in processing the personal and professional knowledge level
which can helps an individual in achievement of significant future progression and
developments.
Research Aim
This considered as the best piece of an investigation work, therefore it gives a suitable
bearing to the researcher to complete the work in right way. This additionally distinguished as a
foreordained proclamation which presumably portray the issue as explanation. The potential aim
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of this specific research is “To ascertain the benefits and drawbacks of globalisation upon
business functions”. A case study on Tesco.
Research Objectives
The key objectives of this particular research are associated as below:
 To understand the concept of Globalisation.
 To determine benefits of globalisation on business functions of Tesco.
 To identify the drawbacks of globalisation on the businesses functions of Tesco
organisation. Recommend various ways by which Tesco company can be easily overcome from the
drawbacks of globalisation.
Research Questions
The potential questions of this specific investigation are described as under:
 What is the concept of Globalisation?
 What are the benefits of globalisation on business functions of Tesco?
 What are the drawbacks of globalisation on the businesses functions of Tesco
organisation?
 What are the ways by which Tesco company can be easily overcome from the drawbacks
of globalisation?
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Literature Review
Writing survey is alludes as a significant piece of an investigation work, in this manner it
assumes an essential job in directing an inside and out examination over the chose region of
study. This is the second and most fundamental piece of research where data is assembled from
optional sources like books, diaries, distributed research articles and so forth. This area depends
on includes on execution of hypothetical structure by means of breaking down the point of view
of different writers and authors.
The concept of Globalisation.
According to the view purpose of Bird Beverly and Kopp Carol, 2019, globalization is
characterized as a procedure of spreading the innovation, item, data and employment crosswise
over national visitor just as culture. In economic term, it is defined as an independence of nations
around the world in order to promote the free trade globally. This in turn contribute toward
improving the living manner within less developes and poor economical regions and areas, as it
provides greater job possibility, reinforced access to products or facilities and modernization. But
despite of all these globalisation also have a several disadvantages. The major drawback of
globalisation is that it destroy the job opportunities in more developed as well as high wage
countries as the production of product or services are get moved to new countries. But apart from
all these globalisation support an organisation to expand its business operations over a large
market and achieve competitive advantage on multiple fronts. This is because the operating costs
get reduced by shifting the manufacturing at abroad as organisations can purchase raw material
more cheaply at another countries because of reduction or removal of tariffs.
The benefits of globalisation on business functions of Tesco.
As per viewpoint of Tejvan Pettinger, 2017, Globalisation is progression by those
humanities, cognitive content and local industry have united by globe- spanning communication
network and also trade. The globalisation is an combination of the national economies in to
international economy by trade. Globalisation plays vital function in executing the operations
and fuctions of the businesses at market place. Tesco is one the largest merchant in world after
Wal- mart. It followed an aggressive strategy of foreign expansion in US. Globalisation majorly
allows Tesco for free trade of services a products among the nations thus it provides opportunity
to the businesses o attain higher growth and profitability. It permits the business to benefits from
Foreign Direct Investment and markets to develop faster because of interchange of intellectual
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knowledge and new technology advances. There are various benefits attained by Tesco through
globalisation in which some are described as below:
Improve business practices: Globalisation performs vital role in processing the transaction of
firm at higher level by enlargement of organisations functions at wider basis. Globalisation is
also effectual in modifying the functions of businesses through developing their operations at
commercial centre. As a wider business organisation Tesco is focuses over enlargement of
organisational activities at global level for the purpose of improvising its practise and
accomplishment of significant position within market.
Higher competitive edge: This considered being the primary consideration of a business to attain
higher position within market to provide high competition to its rivals. As a leading retail
company Tesco is concern on conducting effective enlargement of organistaions in respect to
capturing a large area for achievement of higher position within commercial centre.
Access to advancement: Globalisation is effectual in rendering better chances to the businesses
for expansion thus Tesco has concern over applying advancement in the transactions in order to
achieving potential maturation and success for long term suitability at commercial centre through
capturing a wide area.
The drawbacks of globalisation on the businesses functions of Tesco organisation.
As per view point of Steven Carroll, 2019, Globalization is a procedure in that universe is
getting to be interrelated increasingly because of upgraded in exchange and the social trade. The
fundamental test that Tesco face in globalize business is rivalry. In other nation, there are a few
contenders which as of now exists and give their items at least expense. Other test that Tesco
organization face is quick change in the innovation on the web and globalization. They should
ready to guarantee to remain with patterns in setting to speak to target showcase in effective way.
There are different drawbacks of economic process on the organisational functions of Tesco,
some are associated as under:
Inequality: Globalisation has been linked to increasing equivalence in income and wealth. This
considered as the major issue faces by organisation through global expansion. AAs a large
business organisation Tesco has facing the issue of inequality as each country has their own
norms which are not probably known so it is essential for the company to analysing the norms
for better execution of organisational operations at global level.
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Trade Imbalances: Global trade has mature but so too have trade imbalances thus this is also
recognised as a major issue which is faces by organisations during globalisation of operations.
Some states and regions are moving towards big trade surpluses or these equilibrium are
developing hostility and pressure level to present protectionist policies like wide new forms of
import control. Tesco has requires to be follow all trading norms for reducing the error of
conflicts, this create worth for the businesses in achievement of significant competitiveness.
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Research Methodology
Research methodology is refers as an imperative aspect of an exploration work that plays
a vital role in accretion of effective or accurate data. This part of investigation is reasoned to be
the most critical part for leading investigation exercises in an arranged way and depicts about the
tools ans techniques which are used to gather, evaluate and interpret the information in an
effective manner. It significantly based on the abstractive assessment of the body of an
investigation toolor principles which are connected with a branch of cognition. This section of
research is encompasses on various applications as suitable methodologies are selected for carry
forward the work in potential way.
Type of Investigation: This is the key aspect of an investigation that is requires to be followed
through the research in order to suitable implementation of exploration work. An investigation is
encompasses on two type i.e. qualitative or quantitative research, thus the key obligation of the
investigator is to chose the suitable sort for proper execution of work. In the case of qualitative
research data is gathered on the basis of qualitative aspects as in this theoretical information is
gathered and on the other side quantitative research is depend on statistical or metamathematical
aspects. In this current area of investigation work qualitative investigation tool is used through
the investigator because it is effective in execution of detailed analysis over the research issue.
Research Design: This is additionally a powerful part of research methodology which can be
perceived as the blue print of the examination which gives appropriate particular with respect to
the examination to viably execute the part of investigation work in legitimate way. This area is
based on three noteworthy sorts i.e Descriptive, exploratory and experimental research design. In
this present investigation work descriptive research design is used by the researcher because ,
consequently it is most reasonable tool for qualitative research and aides in leading point by
point investigation over the exploration issue. The major reason behind choosing the descriptive
design is that it is most suitable methodology for providing detailed analysis over a chosen area
of work like the investigation is based on the issue of the benefits and drawbacks of globalisation
upon business functions, as in this investigation is conducted over a business case study of Tesco
and descriptive design is effective in accumulation of data without affecting any behavioural
norms.
Research Approach: This is likewise a significant piece of an examination work consequently it
is viable in giving a correct way path to the researcher to complete the work in right way. This
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part is significantly incorporates on two noteworthy perspectives for example inductive and
deductive research approach. In the present examination work inductive methodology has been
connected by the researcher to offering help to the qualitative research as this philosophy is
compelling in giving appropriate data through breaking down hypothesis and theory identified
with the exploration work.
Research Philosophy: This is helpful in knowing the varying aspects through which information
can be gathered , investigated and utilized in appropriate way. This area is essentially accentuates
on two elements likewise interpritivism and positivism Research philosophy. In this present
exploration area interpritivism philosophy can be utilized by the investigator in light of the fact
that, Under this, researcher interpret components of research study and it additionally
coordinated interest towards study. This constituted as the most appropriate methodlogy for
qualitative research and effective in accumulation of data by determining the perspective of
various writer.
Data Collection Tool: Data collection is considered as a organized tool of a communicating
information through different origins in respect to acquire accurate information relevant answers
to reaching at the potential prediction for the future probability this section is basically based on
two elements like primary and secondary sources of data collection primary data refers to the
information which is collected for the very basic time as to arrival at the effectual and
dependable results there are various ways To collect primary data like questionnaire face-to-face
interview observation etc. on the other side secondary information define the data communicate
by the assistance of secondary sources like books, journals, published research articles and many
others in the existing research both the tools are applied by the investigator for the purpose of
drawing reliable out going to communication of primary data survey is being conducted with the
help of preparing a questionnaire As in this questionnaire is occupied by the responsive who are
chosen for the specified area of study on the other side secondary tool is efficacious in
administration the section of literature review by analyzing the perspective of Various authors
and writers.
Data Sampling: This section is base on emphasising the selection of people from the original
population. This section is categorised among probabilistic and non- probabilistic sampling tool.
In this present investigation area information is being collected by random sampling tool from
the non probabilistic method, as in this randomly individuals are picked from a wide area among
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every one is having idea regarding the chosen area of work. Thus there is not anly specific
criteria is set for respondents. This is widely used tool and this is effective for the prsent area of
study as the investigation is based on the analysis of the benefits and drawbacks of globalisation
upon business functions and it is a wider topic about which information accumulation is easy. In
this selected sample size is 30.
Ethical Consideration: Researcher requires to be worry over expense of the undertaking,
therefore research needs a proper among of store and capital for better execution of
investigations work. A few exercises are cost expending in nature so it is fundamental for the
scientist to oversee assets and capital in regard to legitimate execution of work without
confronting any sort of issue or strife. At the season of directing an exploration work scientist
faces different issues regarding research tasks which are requires to be executed in right way and
research morals helps the analyst in usage of research exercises in right way. It is basic for the
specialist to guarantee their members about the well-being and security of their own data.
Anyway researcher ought not ask for any sort from individual data and don't hurt the estimation
or feeling of respondents.
Limitations of the Research: The chosen area of study is wide, thus globalisation is a wider
aspect on which information accumulation is quite tough for the investigation and this is the key
limitation of the researcher. The study area of this research is wide so the another key limitation
of the research is related to the authentic source as it is not easy for the researcher to gather
information from authetic sources.
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Data Analysis and Interpretation
Questionnaire
Q1) Are you aware about the concept of Globalisation? Frequency
Yes 28
No 2
Q2) Do you think that globalisation has impacted over the functions of an
organisation?
Frequency
Agree 27
Disagree 3
Q3) What are factors that push a business to become globalised? Frequency
Market Attractiveness 8
Free Trade 7
Saturation of Market 7
Business opportunity 8
Q4) What role does globalisation plays in promoting growth and development
of a Retail Industry?
Frequency
Better Financial access 9
Greater market Opportunity 8
Easy access to market 6
Approach to larger customer base 7
Q5) What are the benefits of globalisation on business functions of Tesco? Frequency
Improve business practices 15
Higher competitive edge 7
Access to advancement 8
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