This report investigates the positive economic, cultural, and ethical impacts of globalization on various business functions within Marks & Spencer (M&S). It begins by defining globalization and its crucial role in business growth, enabling companies to reach larger audiences across national boundaries. The research objectives include understanding globalization's concept, identifying the impacts of economic, cultural, and ethical factors on M&S's operations, and recognizing the challenges faced during international expansion. The literature review covers globalization's definition, the influence of economic, ethical, and cultural factors on M&S's global operations, and the major challenges encountered during international expansion, such as international company structure, global pricing strategy, foreign law, and cultural differences. The research methodology employs both primary data gathered through questionnaires and secondary data from literature reviews, utilizing a qualitative investigation approach with a sample size of 40 respondents selected via random sampling. The project management plan outlines the scope, cost, time, quality, risk, communication, and resources involved in the research, while a Gantt chart illustrates the project schedule. The report concludes that globalization significantly contributes to a company's growth by expanding customer base, providing access to advancements, and improving business functions through the integration of different countries' cultures, ethics, and economies. Desklib provides this and other solved assignments for students.
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