Globalization's impact on consumer behavior in the UK bakery industry

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Dissertation
AI Summary
This dissertation explores the impact of globalization on consumer behavior within the UK bakery industry, using Greggs as a case study. It begins by defining globalization and consumer behavior in the UK bakery context, highlighting how globalization fosters innovation through shared baking techniques and recipes. The research investigates Greggs' international expansion, driven by globalization, and the company's adaptation to diverse consumer preferences in markets like Belgium and the Republic of Ireland. Challenges such as supply chain shortages, attributed to globalization's dependence on global supply chains, are also examined. The research employs a quantitative approach, utilizing survey questionnaires to gather primary data from consumers, analyzed through frequency data analysis. Ethical considerations, including data anonymity and confidentiality, are prioritized. The potential outcome of the research is to highlight the changes in the baking industry practices because of globalization both positive and negative. In addition to this identification of barriers created by globalization for Greggs and the UK baking industry.
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Specialist Project
Dissertation
(The impact of globalization on consumer behavior in
the UK bakery industry)
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Table of Contents
INTRODUCTION
LITERATURE REVIEW
RESEARCH METHODOLOGY
POTENTIAL OUTCOMES
CONCEPTUAL MAP
GANTT CHART
RISK REGISTER
REFERENCES
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Introduction
Overview of the Chapter: The rise of globalization has affected the
corporate world both negatively and positively.
The baking industry of United Kingdom has changed its practices because
of changing environment caused by Globalization.
Background of the Study: In the following research project selected
organization is Gregg which is a bakery chain of UK.
The company was founded on 1939 by John Gregg as well as its
headquarters is located in Newcastle upon Tyne.
Globalization has affected the environment of business sectors in United
Kingdom including the bakery industry.
Globalization has resulted in free trade and exchange of information across
UK and the world.
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Introduction
Rationale of the Research: The reason
behind for the selection of research topic
of impact of globalization on the
consumer behavior within the UK
bakery industry is to help companies to
change behavior of their potential
customers for their offerings (Raman and
Aashish, 2021).
Globalization increases the variety of
product and service in the market for the
customers due to which demand of
domestic companies are also get
affected.
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Introduction
Significance of the research: This research
project is important for the companies to
operate their business effectively in rapidly
increasing globalization.
It will also help them to change the behavior
of customer at global level for the purchase of
their product and service (Bourn, 2018).
Research Aim
To analyze the impact of
globalization on consumer behavior in context
of UK bakery industry. “A study on Gregg”.
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Introduction
Research objectives
To understand the concept of globalization and consumer behavior in context of the
UK bakery industry.
To identify the impact of globalization on consumer behavior of Gregg's.
To examine the challenges faced by Gregg's while change the consumer behavior at
global level.
Research Questions
What is the concept of globalization and consumer behavior in context of UK bakery
industry?
What is the impact of globalization on consumer behavior of Greggs?
What are the challenges faced by Greggs while change the consumer behavior at
global level?
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Literature Review
The concept of globalization and consumer
behavior in the context of UK bakery
According to the view of Singh
(2021), in context of the UK bakery sector
globalization has supported improvement in
innovation as information regarding new
techniques of baking (Britain's Greggs becomes
latest food business hit by supply chain crisis,
2021).
In addition to this new baking technologies a new
recopies combing different baking cuisines can
also be easily shared with the help of
globalization.
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Literature Review
Impact of globalization on consumer behavior of Greggs
In the opinion of Barrie (2021), in case of the UK based
bakery chain, Greggs has aimed to open 150 branches per year to exploit
internationalization opportunities (Greggs vows to open 150 new stores
per year as bakery eyes international expansion, 2021).
Globalization has supported international expansion of the company
leading to better profitability.
Greggs has achieved success in various international markets such as
Belgium and Republic of Ireland because of the free trade supported by
Globalization.
In addition to this the company also had to adopt its offering according
to the different consumer demands and taste in different international
markets.
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Literature review
Challenges faced by Greggs while change the consumer behavior at
global level.
As per the view of (), currently the company is facing the challenge
of supply chain shortages.
The company is facing temporary interruptions in supply of some
ingredients which has affected daily operations across all stores.
The reason behind such interruption is shortage of truck drivers
rendering transportation facility for delivering local and
internationally sourced ingredients.
This challenge can be attributed to globalization because
globalization has increased dependence on global supply chain.
This means that interruption in global supply chain affects basic
operations.
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Research Methodology
Research philosophy: The rationale behind
selection of positivism as the research
philosophy for this investigation is that it
supports quantitative measurement of data.
Research Choice: This research utilizes
quantitative research choice with the
justification that the usage of quantitative
research choice supports objectivity because
it relies on concrete numbers and fewer
variables.
In this way the usage of quantitative research
will support attainment of a reliable
conclusion.
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Research Methodology
Research Strategy: The research strategy selected for this
investigation is Survey questionnaire.
The reason for selecting survey questionnaire as the research
strategy is that it is an inexpensive method when compared
to other research strategy options and also provides
information quickly so that the research can be completed.
Research Instrument: The research instrument selected for
this investigation is questionnaire.
The justification for selecting questionnaire as the research
instrument for this investigation is that it is an economical
way of collecting data and provides wider coverage for
extracting first hand data for completing the research.
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Research Methodology
Data collection: The data collection in this
investigation includes collecting primary data with the
help of survey questionnaire and conducting survey on
consumers.
The rationale behind collecting primary data through
survey is that it will provide updated information on the
research topic so that the investigation can be made
more relevant.
The number of consumers who will be surveyed for
this investigation equal to 30.
The respondents will be surveyed by emailing
questionnaire and collecting data back from them
through e-mail.
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