Globalization's Influence on Business: Tesco Case Study Analysis

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Added on  2023/01/19

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This research project investigates the impact of globalization on business success, focusing on Tesco as a case study. The introduction defines globalization and its integration across economic, cultural, political, and social platforms. The research aims to identify globalization's role in driving international business success. Objectives include defining globalization, identifying its influence on Tesco's growth, evaluating potential risks, and analyzing benefits. Findings are presented based on survey responses, highlighting awareness of globalization, its perceived influence on Tesco, and identified benefits like access to opportunities and increased sales. The target audience includes employees, shareholders, and customers. Recommendations are provided to enhance international trade strategies and recruitment processes. The conclusion emphasizes globalization's benefits for business expansion and customer access. References include academic sources on globalization, internationalization, and related business topics.
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RESEARCH PROJECT
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Cover Content
Introduction
Research aims
Research objectives
Findings
Audience interested in research findings
Target Audience
Recommendation
Conclusion
References
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Introduction
Globalization is termed as a process of economic, cultural, political and social integration
which is done on international platform. In simple terms it is mainly a process through
which societies around the world get integrated politically, culturally and commercially.
Further it has been analyses that this integration aid organizations to take opportunities in
maximum advancements as to increase efficiency of their business. In addition with this,
companies can effectively operate their operations with adequate sum of resources that
further aid them to gain more developmental opportunities.
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Research Aim
To identify globalization role in order to drive business towards
success path at international level” A case study on Marks and Spencer.
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Research Objective
To determine globalisation concept.
To identify globalisation influence on TESCO business growth.
To evaluate potential risk of globalisation that lead towards affecting
TESCO business activities.
To analyse globalisation benefits for TESCO
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Findings
30
10
a) Yes b) No
Q 1)Are you aware with globalisation concept? Frequency
a) Yes 30
b) No 10
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Continue..
35
5
a) Agree
b) Disagree
Q 2) As per your perception does globalisation
influence TESCO business?
Frequency
a) Agree 35
b) Disagree 5
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Continue..
Q 3) Determine the benefits that has been gained by TESCO while making
expansion of this business at international level?
Frequency
a) Fast access to opportunities 10
b) Rise in productivity and Sales Performance 15
c) Easy access to resources 15
10
15
15
a) Fast access to
opportunities
b) Rise in productivity and
Sales Performance
c) Easy access to resources
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Audience interested in research findings
Outcome of the research will be able to grab attention available at
the marketplace as it helps in modifying strategies and policies of
the company according to the requirements. It has also been
identified that the outcome of the research says that by adopting
globalization method, a company can easily enhance their sales,
grab market share and increase profitability at the competitive
marketplace.
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Target Audience
In the present research, targeted audiences include employees,
shareholders and customers of the company. These are the people who
highly linked as well as interested in the profitability and performance
of a business entity.
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Recommendations
It is recommended to the managers of Tesco to make competitive strategies
specifically for international trade so as to achieve long term sustainability
in global market. For this, the management need to analyse the rivals’
strategies along with the effectiveness of their existing offerings so as to
compete with them in more effective and efficient manner. It also has been
recommended to Tesco to upgrade their recruitment process as per the
hosted nation while executing business operations.
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Conclusion
From above report it can be concluded, that Globalisation is very helpful for
business and countries at same time. This is a tool which companies are
using to expand their overall business operations to other countries. It is
also a opportunity for them to take their business to international markets.
It is also benefit of Globalisation that that they can access to more number
of customers which will help in increasing their sales.
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