Research Project: Globalisation and Competition in the UK (Barclays)

This research report investigates the multifaceted impact of globalization on competition within the United Kingdom, using Barclays PLC as a focal case study. The report begins with an overview of globalization, defining it as the integration of economies to reduce cross-border barriers, facilitating international trade and business expansion. It highlights the benefits of globalization, such as access to new markets, technological advancements, and skilled labor, while also acknowledging the challenges, including increased competition and changing customer demands. The study aims to identify both the positive and negative impacts of globalization on competition within the UK, specifically focusing on Barclays PLC, a multinational investment bank and financial services company. The report outlines the research objectives, which include understanding the concept of globalization, analyzing its impact on Barclays PLC, identifying the issues faced during globalization, and recommending strategies for achieving a competitive advantage. The methodology involves a literature review, data analysis, and interpretation to evaluate the effects of globalization. The report also includes a reflection on the research outcomes and suggests alternative research methodologies for future studies, concluding with recommendations for Barclays PLC to navigate the globalized market and maintain its competitive edge.

Research Project on the
Theme of Globalisation

Table of Contents
Topic: “To identify the positive and negative impact of globalisation on the competition within
UK.” A case on Barclays plc.”.........................................................................................................1
CHAPTER 1: INTRODUCTION ...................................................................................................1
Overview of Research.................................................................................................................1
Background of Research.............................................................................................................1
Research aim...............................................................................................................................2
Research Objectives....................................................................................................................2
Research Objectives....................................................................................................................2
Rationale of investigation ..........................................................................................................3
CHAPTER 2: LITERATURE REVIEW.........................................................................................3
CHAPTER 3: RESEARCH METHODOLOGY.............................................................................3
CHAPTER 4: DATA ANALYSIS AND INTERPRETATION......................................................3
CHAPTER 5: RESEARCH OUTCOME.........................................................................................3
CHAPTER 6: REFLECTION & RECOMMENDATIONS FOR ALTERNATIVE RESEARCH
METHODOLOGY..........................................................................................................................3
CHAPTER 7: CONCLUSION........................................................................................................3
REFERENCES................................................................................................................................4

Topic: “To identify the positive and negative impact of globalisation on the
competition within UK.” A case on Barclays plc.”
CHAPTER 1: INTRODUCTION
Overview of Research
Globalisation is defined as the process through which economies of the two country get
integrated with an aim to reduce cross border barriers so that international trade can be
performed in effective manner. It plays a crucial role in promoting the business practices and
providing an option to several organisation to expand their business by approaching larger
number of customers that resides over several geographical location. Globalisation provide
several benefit to a business that support it in achieving a competitive edge at market place such
as integration of cultural practices, access to technological advancement, high skilled employees,
raw material at low cost, broader customer base. But despite of this, there are certain factors that
are present in global market which negatively influence the performance of a company that
includes competition, changes in customers demand, new culture, lack of employees
participation, technological changes etc. in order to perform study over this, Barclays Bank is
consider in this report which is a British multinational company that work as a investment bank
as well as financial service company. It offers services by considering four core business
practices which includes personal banking, investment management, wealth management and
corporate banking.
Background of Research
Globalisation is defined as the interaction between people, government and companies
that are present at several geographical location throughout the world. The internationalisation of
business practices has now become a trend between several cooperates as it is grown with the
advancement of transportation and communicational technology. This has attracted businesses
toward improving their business practices by getting an opportunity to integrate with
international trade, practices, culture and idea. In addition to this it also support in promoting free
trade among different countries, corporate use of labour market as well as free flow of capital
that help in getting maximum return. For performing this investigation Barclays bank has been
consider in the following report which is a British international investment bank and financial
service company. It is headquartered in London and offer services among several countries
1

throughout the world. By expanding its business practices throughout the world, The Barclay's
become able to improve its business practices and performance. This is because global expansion
support Barclay's bank in getting integrated with the business practices that are used by other
bank throughout the world. In addition to this it also become able to develop a diversified
workforce which belongs to different culture and having several skills or capability which
support in improving the standard of operations. These all are the factors which supported
Barclays bank in improving its performance at marketplace by integrating the practices of
several other countries to effectively catering the need of customers. These improvement in
banking practices also supported in having both positive and negative impact over the
competition present in market of UK. This is because with the improvement of service offered by
Barclays bank it become able to deal with competition much easier that supported in achieving
sustainability. On the other side this also have negative impact over the competition present in
UK by increasing the level of competition among the rivalry.
Research aim
“To identify the positive and negative impact of globalisation on the competition within
UK.” A case on Barclays plc.
Research Objectives
 To learn about the concept of globalisation
 To identify the impact of globalisation over the competition faced by Barclay Plc
 To analyse issues faced by Barclays Plc during globalising its business operations
 To recommend ways through which Barclays Plc can achieve competitive advantage at
global level.
Research Objectives
 Describe about the concept of globalisation?
 What impact does globalisation have over the competition faced by Barclays Plc ?
 Explain about the issues faced by Barclay Plc during globalisation of its business
operations ?
 What are the recommended ways through which Barclays Plc achieve competitive
advantage at global level
2

Rationale of investigation
The main purpose behind conducting this investigation is to determine several positive as
well as negative impact that globalisation brings within a country. This is an interest area of
researcher so he/she would be more focused toward gathering relevant and most accurate
information that aid into accomplishment of research objective. Despite of this, investigation also
support researcher in enhancing its knowledge in term of globalisation and it impact over
competition that support them in future project. In addition to this it also support in improving
researcher's knowledge regarding several tools and techniques used for gathering, evaluating and
interpreting information effectively which ensures effective presentation of information to
reader.
CHAPTER 2: LITERATURE REVIEW
CHAPTER 3: RESEARCH METHODOLOGY
CHAPTER 4: DATA ANALYSIS AND INTERPRETATION
CHAPTER 5: RESEARCH OUTCOME
CHAPTER 6: REFLECTION & RECOMMENDATIONS FOR
ALTERNATIVE RESEARCH METHODOLOGY
CHAPTER 7: CONCLUSION
3

REFERENCES
Books & Journals
Aharoni, Y., 2014. Coalitions and Competition (Routledge Revivals): The Globalization of
Professional Business Services. Routledge.
Coker, C., 2014. Globalisation and Insecurity in the Twenty-first Century: NATO and the
Management of Risk. Routledge.
Davidson, R. K., and et. al., 2012. The impact of globalisation on the distribution of
Echinococcus multilocularis. Trends in parasitology. 28(6). pp.239-247.
De Vos, J., 2012. Psychologisation in times of globalisation. Routledge.
Findlay, A. M., and et. al., 2012. World class? An investigation of globalisation, difference and
international student mobility. Transactions of the Institute of British Geographers.
37(1). pp.118-131.
Frambach, J. M., and et. al., 2012. Rethinking the globalisation of problem‐based learning: how
culture challenges self‐directed learning. Medical education. 46(8). pp.738-747.
Furlong, J., 2013, January. Globalisation, neoliberalism, and the reform of teacher education in
England. In The educational forum (Vol. 77, No. 1, pp. 28-50). Taylor & Francis
Group.
Online
Barclays. 2019. [Online] Available through: <https://www.barclays.co.uk/>./
4