Impact of Globalisation on E D Transport Ltd: Competitive Advantage

This report delves into the impact of globalisation on E D Transport Ltd., a small transportation firm. It investigates how globalisation provides a competitive advantage, covering background information, aims, objectives, and a detailed project management plan. The report includes a Gantt chart, evaluation of research methodology, literature review, research questions, and ethical considerations. It also addresses research data accuracy, data analysis, and communication of findings. The research employs a descriptive design and a deductive approach, utilizing both primary and secondary data collection methods. The report concludes with recommendations and a personal reflection on the project outcomes, aiming to provide insights into how globalisation influences small and medium-sized enterprises. Finally, the report provides a list of references.

Table of Contents
TOPIC- ............................................................................................................................................3
INTRODUCTION...........................................................................................................................3
Background .....................................................................................................................................3
Aim .................................................................................................................................................3
Objectives...............................................................................................................................4
Project management plan ......................................................................................................4
Project structure (Gantt chart) ...............................................................................................5
................................................................................................................................................7
................................................................................................................................................7
Comprehensive project management plan..............................................................................7
Evaluation of research methodology......................................................................................7
Literature review....................................................................................................................9
Research questions...............................................................................................................10
Questionnaire........................................................................................................................10
Ethical consideration............................................................................................................11
Research data accuracy and reliability.................................................................................11
Evaluation of research methodology ...................................................................................11
Communicate appropriate finding of the research ..............................................................12
CONCLUSION ...................................................................................................................18
RECOMMENDATION........................................................................................................19
Selection of appropriate tools ..............................................................................................19
PERSONAL REFLECTION ...............................................................................................19
Reflection on project outcomes ...........................................................................................19
REFERENCES..............................................................................................................................20

TOPIC-
Globalisation guarantees a competitive advantage for a E D Transport Ltd.
INTRODUCTION
Globalisation is process that works to bind political, social, economical and
environmental processes together across country borders, cultures and continents (Abrol,
Prajapati and Singh, 2017). It is one of major driver that has impact on each and every enterprise.
The positive aspect of enhanced globalisation for small business is to have mutually beneficial
relationship between countries. It helps to facilitate communication effectively and efficiently
with their suppliers, partners and consumers to manage the better inventories and distribution
network (Cramer, 2017). The competition among small firms tends to enhance and it also helps
to stimulate new technology development as well.
The present report is based on business activities of E D Transport Ltd. it is small
enterprise which is working as an active carrier operating transportation firm. This assignment
will look upon impact of globalisation and its competitive advantage for small business.
Background
The present report is based on globalisation that guarantees competitive advantages for
small & medium business (Du Plessis, Varottil and Veldman, 2018). The reason behind choosing
this topic is to get the depth knowledge about the impact of globalisation on small firm. It is
terms that involve business which are carried out around the world. This research will help me to
get true insights about the empowerment of technological innovation, employment and
competition towards SMEs. It can also help to scholar to get further research. In this, the
knowledge about the impact of globalisation as how it helps to lower down governments outlays
and taxes and corruptions.
Objectives Aim
The main aim of this research is: “Globalisation guarantees a competitive advantage
and it helps to enhance profits. A case study on E D transport Ltd.
 To understand the concept of globalisation and determine its significance.
 To analyse the positive and negative effect of globalisation on performance of small and
medium enterprises.
 To recommend ways to improvise negative effects of globalisation on the E D Transport
Ltd.

Project management plan
It is a formal, approved document that is used to manage project execution. It is
systematic procedure to set the things in appropriate manner. It is a successful key to competition
of project with minimal risk. Thus, project plan is made up of following things like
 Scope of project- It includes initial process that involves determining and documenting
the list of specific goals, deliverables, features, task and deadline etc. (Evrard, 2017).
With the help of this, researcher can focus over the common objectives. The main object
is to identify the impact of globalisation so that firm can able to perform its business
activities in crucial manner. The process of globalisation also leads to enhance
competitive advantage. With help of it, image of firm can be sustained. It is document
that provides roadmap that is used by managers to assign task, schedule the work and set
the budget properly. The present project scope is based on identifying the impact of
globalisation over E D Transport Ltd.
 Schedule- In this, to do list related to project will be included that what activities are
required to done to complete the project (Marshall, et.al., 2015). It is important to collect
the data so that project can be accomplished within set deadline. Furthermore, things are
required to be prioritized to create the project in step by step manner.
 Time- The deadline needs to be given to each task so that researcher can finish up the
task on time. With help of time frame, it is possible to have a deadline so that each thing
can be done effectively and efficiently. The project is need to get completed within 39
days, under it competitive advantage of firm can be sustained for longer period.
 Resources- It will include with terms as what things are required to accomplish the aim
of research. In this, 20 employees of firm will be asked about the impact of globalisation
on this firm. The entity should have adequate amount of funds so that they are able to run
business functions effectively and efficiently. With help of proper resources, it is possible
to accomplish the project on the set deadlines. In this report, resources as are man, labour
and capital have been used in terms to to determine the specific information so that basic
aim and advantage can able to gain. With help of it, impact of globalisation over the
working of the firm can be determined.

 Quality- It is a process that ensures about the all project management activities that are
essential to design, plan and implement the project. Thus, it refers as to meet the set
standards, continuously improvement in project work and correcting the all defects.
 Risk management- It is an event or condition that could have both negative or positive
impact on the basic needs of the project (Oke, Aigbavboa and Ibitoye, 2017). Thus,
project managers prepare it to foresee risk, estimates its impact and define response to
issues. The researcher should undertake it as identifying, prioritizing and managing risk.
In this, one risk has been identified and that higher the speed of globalisation will have
bad impact on economic growth of the country.
 Communication- It is effective tool and work as essence to project management (Valos
and et.al., 2016). This is needed to conduct effectively so that there can be possibility to
pass the information between team members. Lastly, it can be said that the success of
project is largely depends on efficiency of communication network. With help of
defining goals, audience, tools and objectives it is possible to accomplish desire result. In
this, vertical flow of communication will be adopted to ensure that subordinates can
communicate with seniors effectively. In order to carry out the research activities
effectively, there is need to have the use of interpersonal and mass media communication
so that information can able to pass effective to all team members.
Milestone
schedule
Duration Start Finish predecessors
Providing
research topic
18/09/18
Submitted 18/09/18
Research topic
approval
19/09/18
Developing the
aim and objective
19/09/18
Approval of aim
objective
19/09/18

Developing the
perfect
Management Plan
25/09/18
Designing the
Gant Chart and
WBS for the
research proofed
26/09/18
Ethical
consideration
26/09/18
Questionnaire 26/09/18
Distribution of
the questionnaire
03/10/18
Gather of
questionnaire
04/10/18
Data analysis 08/10/18
Developing
recommendation
08/10/18
Submitting the
data analysis and
recommendation
12/10/18
Data analysis and
approval
16/10/18
Writing a
reflective report
16/10/18
Submitting the
research project
17/10/18

Research project
approval

Comprehensive project management plan
The project management plan has helped me to get the depth insights about the impact of
globalisation on small and medium business enterprise (Olimpia and Stela, 2017). With help of
it, I have assigned the particular deadline to each task. By assigning the proper time, I was able
to conduct the research specifically. I have prioritized the task so I can able to work effective and
efficiently. Note: This may be repetition. Please check
Evaluation of research methodology
This is process that defines how study is to be carried out. It is systematically and
logically covers the issues and assists to understand the process so that depth information can be
easily analysed.
Research approach- This term is defined as plan and procedure and it is based on broad
assumptions to detailed method of data collection, interpretation and analysis Prashantham,
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Eranova and Couper, 2018). Therefore, it related with nature of research and problem being
addressed. It is mainly divided into two categories as are approach of data collection and analysis
or reasoning. In order to carry out the present research, the impact of globalisation has to be so
that competitive advantage to the firm can be determined.
Furthermore, approach to data analysis is of two types as inductive and deductive. In this,
inductive is relates with small observations or research questions to narrow down the scope of
the study. On the other hand Deductive approach based on developing of hypothesis relates with
existing theory. It is helpful in terms to have conclusion based on evidence. In order to carry out
the present research the researcher will have the use of deductive approach to analyse the impact
of globalisation on small business. Thus, inductive approach will helps to arrowed down the
scope of the study so that effective information relate to project can be determined. In this way,
benefits aspect of globalisation over business activities can be easily determined.
Research design- It relates with overall strategy that helps to integrate differed components of
study. There are set of methods and procedures that aids to collecting and analysing measures of
variables specified in the research problem. It has divided in various categories as are
Descriptive, correlation, Semi-experimental- review and experimental. In this, the researcher will
have the use of descriptive research design to analyse the impact of globalisation on small
business. It is method that works as to observing and describing the behaviour of subject without
influencing it. In this, descriptive analysis will be used to determine the impact of globalisation
and it beneficial aspects to gain competitive advantage is need to be determines.
Sampling- It needs to undertake to produce accurate result. This technique will use to find
representative samples to ignore bias (Shahbaz and et.al., 2018). There are three common kind of
sampling as are simple random, stratified and cluster sampling. Under this research, researcher
will have the use of sample random technique as it provides equal chance to each individuals and
it helps to eliminates bias systematically. It will be carried under the manner as non-probabilistic
methods and it helps to collect information effectively and efficiently.
Data collection- It is process that works as to gather and measure information based on variables
of interest (Shahbaz and et.al., 2018). This helps to provide accurate collection of data and it is
important to maintain integrity of research. It has divided into categories as are primary and
secondary method. Thus, primary technique relates with identifying first hand information with
help of undertaking questionnaire survey. On the other hand, secondary information can be
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accessed with sources as online, Book, journal, articles and authors etc. In this, researcher will
use both techniques as primary and secondary to get the depth insights about the effect of
globalisation on small and medium enterprise.
Data analysis- It is process of inspecting, cleansing, transforming data with use of analytical and
logical reasoning. There are two method of data analysis as are qualitative and quantitative. In
this, quantitative method will helps to determine the information relates with statistical tool etc.
On the other hand, qualitative method will be helpful to understand the interpretation of the
people. It is mainly related with the interpretive philosophies. In this, qualitative technique will
be adopted and with help of questionnaire the researcher will able to conduct information by
undertaking survey with each respondents.
Literature review Concept of globalisation and its significance
Globalisation can be derived with with free movement of goods, services and people
across the world in seamless and integrated manner. As per the view of Olimpia and Stela,
(2017), it states that it helps to enhance trade between the nations. In addition to it, current state
of globalisation is related with unequal distribution of goods and services. On contrary to ,
Shahbaz and et.al., (2018) states that it provides more international trade and products are
available at lower price rates. Furthermore, this is process refer as intensification of social,
political, economical and cultural relations across the international boundaries.
Analyse the positive and negative effect of globalisation on performance of small and
medium enterprises.
The development in small and medium enterprise is assistive towards the achievement of
wider economic and socio-economic objective. As per the view of Olimpia and Stela, (2017)
states that globalisation is process that works as spread economic innovation around the world.
The ED transport Ltd, can able to transact its business activities across world without any
restrictions that has helped in enhancement in cross boarder business relationships. According to
the view of states that it is process that integrates economies of the world without creating any
hindrance in the free flow of goods and services. In contrary to Prashantham, Eranova and
Couper, (2018) globalisation leads to enhance competition and it can relate with product, service,
cost, target market, technological adaption and quick production by companies. If the firm
produces products with less cost and than it is able to have increment in market share. The
quoted firm can able to acquire large scale of economic production by selling across many
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continents. According to the view of Shahbaz and et.al., (2018) states that economical expansion
and presentor of global firms will helps to bring employment oriented, real estate infrastructure
etc. In addition to it, this also helps to have access to bigger markets and associated with cost
advantages. Furthermore, Lasserre, (2017) states that there are number of companies that offers
their service globally to have expansion in their market or they use service from overseas to have
reduction in the cost of products. In addition to it, Cramer, (2017) states that it mainly affects
the wages and Right of workers and independent economy are some of the negative impact of
globalisation on the companies. Thus, Ghemawat, (2017) stated that one of the main advantage
of globalisation is that there is increment in globalisation for small business so that there can be
greater impact with the product or the message.
The process of globalisation has positively impact over the country ability to produce more good
and services and this all leads to have the competitive advantage to the enterprise. As per the
view of Du Plessis, Varottil and Veldman, (2018) globalisation has brought the world together
with help of encouraging more trade activities among the nations and have more financial
institutions that leads to have greater flow of investment capital across the international boarders.
Theme 3:
Research questions
1. What is concept of globalisation and its significance?
2. How to analyse the positive and negative effect of globalisation on performance of small
and medium enterprises?
3. What are the ways to improvize negative effects of globalisation on the E D Transport
Ltd.
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Questionnaire
Name:
Age:
Gender:
1. Is globalisation more beneficial to attain competitive advantages in small and medium sized
enterprises?
 Yes
 No
 Cannot say
2. Does globalisation effect on performance of E D Transport Ltd.?
 Yes
 No
 Cannot say
3. Which is main benefit of consideration of globalisation in E D Transport Ltd.?
 Gain competitive advantages
 Successful improvement in industrial relationship
 Attract more customers
 Economic liberalization
4. Does economic reform paved the way for harmonious relationship between employees and
employer?
 Yes
 No
 Cannot say
5. What is/ are the advantage of globalisation to E D Transport?
4. Reducing operation cost
5. Increased revenue
6. developments of shareholders
7. Increase in trade and FDI
6. What type of challenge is faced by E D Transport to deal in globalisation?
 Government rules and regulations
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 Increased global competition
 New ways to cooperate in overall interest in countries
7. How to deal with challenges that occurs in globalisation?
 Increasing wealth
 Increase integration of societies
 Robust regional and international institutions
Note
The questionnaire has to be in the appendix
Ethical consideration
This term relates with norms and standards that helps to make proper difference between
right and wrong. Any information is gathered must be kept in secured manner in order to prevent
unauthorised access to it. It is very essential as it determine the validity of the research. The
participant can access to get the information but with the prior approval of researcher.
Research data accuracy and reliability
It is one of the components that relates with data quality. It must be maintained. Hence, it
is defined in the following presented manner as are-
 Data accuracy and reliability are crucial because inaccurate and unreliable data leads to
have wrong conclusion. The validity is indication that the conducted research is sound.
 In this, validity in data collection means the whole finding is truly presented the
phenomenon that has claimed to measure.
 The reliability defines the internal consistency of the item that has included in the
research report.
Note
You only need to show the ethical acceptance to conduct the research with the approval of
LSME ethical committee if any
Evaluation of research methodology
It is specific procedure and technique that helps to identify, select, process and analyse
information about the topic of research. The research methodology helps to provide the way of
conducting the research. In this present research qualitative technique adopted and it has helps to
get depth information about the research. Primary data collection helps to get the perception of
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