Research Project: Globalization Impact on Corporate Structure of MNEs

This research project, presented as an executive summary and research proposal, investigates the impact of globalization on the corporate structure of large multinational companies, using Marks and Spencer (M&S) as a case study. The study aims to understand globalization's influence on M&S's structure, identify challenges faced in global expansion, and recommend solutions. The report includes a literature review exploring globalization's concepts, M&S's corporate structure, and related challenges. The research employs a quantitative methodology, collecting data through surveys and questionnaires. Findings and discussions are presented, followed by conclusions, recommendations, and a reflection on the research process. The project explores the complexities of globalization and its effects on business operations and the strategies organizations use to adapt and succeed in a globalized market. The report provides a comprehensive analysis of globalization's impact on M&S's corporate structure and operations.

Research Project

Executive Summary
The study aim to analyse the potential impact of financial procedure on the corporate
arrangement of broad multinational business or the major challenges which they face. Therefore,
in this overall analysis is encompasses over the study of Marks and Spencer. Hence this is an
enormous global company which is chiefly founded on achieving higher development and
achievement by means of growing their tasks at more extensive scale. Globalization is perceived
to be a urgent viewpoint which is noteworthy in generous more widespread option to the
business to attain higher upper hand. In this manner globalization chiefly has direct effect over
the corporate structure of the huge worldwide organizations, as a suitable corporate structure is
viable in giving an orderly bearing to the business to actualize their tasks toward making
progress. This report contains the examination about globalization and how it can drive business
achievement, in this manner right now synopsis has been given with respect to the picked branch
of knowledge and the exploration for picking the investigation is additionally talked about and
point and goals are created to help the work in right way. Writing audit plays out a powerful job
in creating comprehension of the individual student or scientist through creating point by point
investigation by means of the conclusion examination of writers and authors. In this present
exploration, implementation of methodologies and how the information is mainly gathered has
been discussed, thus quantitative is evaluated as the key source of conducting the exploration in
right manner. In addition to this, results are based on survey in which questionnaire is being
applied to gather first hand information. Furthermore, conclusion is mainly drawn over the
findings of the research and recommendation is effective in providing appropriate suggestions to
make suitable changes and at the end reflection has been developed over determining their own
experience.

Table of Contents
Executive Summary.........................................................................................................................2
Part 1: Research Proposal................................................................................................................1
Title..................................................................................................................................................1
Introduction and Background of the Research Area........................................................................1
Literature Review.............................................................................................................................2
Research Methodology....................................................................................................................4
Timeline and Research Activities....................................................................................................6
References........................................................................................................................................8
Part 2: Research Project...................................................................................................................9
Title..................................................................................................................................................9
Introduction......................................................................................................................................9
Research Methodology....................................................................................................................9
Results and findings.......................................................................................................................10
Discussions....................................................................................................................................22
Conclusion.....................................................................................................................................23
Recommendation...........................................................................................................................24
Reflection.......................................................................................................................................24
References......................................................................................................................................27

Part 1: Research Proposal
Title
The impact of globalisation on the corporate structures of large multinational companies
and the major challenges they face.
Introduction and Background of the Research Area
Overview of the Research
The investigation start to deciding the potential impact of globalization on the corporate
configuration of enormous worldwide organizations and the issues they may confront.
Subsequently, globalization is principally characterized as the angle that is actualized to decide
how countries, individual and associations around the globe are getting logically interconnected
as forces like advancement, media, transportation and overall record make it easier for stock,
organizations, considerations and individual to cross customary cutoff points (Shapiro and
Hanouna, 2019). Worldwide organizations are perceived to be the operators of globalization,
simultaneously numerous global organizations are likewise affected through globalization in
manners they might like. In the current investigation the examination is directed over Marks and
Spencer as it is the enormous British worldwide retailer firm. The headquarter of the firm is in
Westminster, London, thus the company has start to work from the year of 1884 and the founder
of the firm are Michael Marks and Thomas Spencer. The specialises of Marks and Spencer is
shows in its high quality clothing’s, home products and food items. The company is operated at
global level via the significant efforts contribution of their around 80000 employees. Thus the
primary motive of the organisation is to attempting higher development and accomplishment via
expensing their operations at market place.
Research Aim
To analyse the potential impact of globalisation on the corporate structure of large
multinational companies and the major challenges they face. A case study on Marks and
Spencer.
Research Objectives
 To understand the concept of globalisation in the context of multinational corporations.
 To determine the impact of globalisation over the corporate structure of Marks and
Spencer.
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 To identify the challenges that are faced by the Marks and Spencer in globalising their
operations. To ascertain the measures that can be opt by Marks and Spencer to address the issue that
are arises in global expansion.
Research Questions
 What is the concept of globalisation in the context of multinational corporations?
 What is the impact of globalisation over the corporate structure of Marks and Spencer?
 What basic challenges are faced by the businesses in globalising their operations? What are the key measures that can be opt by Marks and Spencer to address the issue that
are arises in global expansion?
Rationale of the Research
The examination interested in viable action is depends on decisive the potential
consequence of economic process over the commercial arrangement of a wide global
organizations or the issues they have mainly face. Subsequently, the significant aim for choosing
this zone is that it is a most basic issue which is primarily looked by the organizations at
universal level, consequently this examination is adequate in investigating information with
respect to a particular area. The another potential purpose behind directing this examination is
the individual enthusiasm of the scientist as this investigation has significant advantages in
building up a person's close to home and expert capacity which would be compelling in
attempting future undertakings in progressively viable way (Kerzner, 2017). This study mainly
explores the potential affect of globalisation and how it is supportive in attaining business growth
via managing corporate structure. This study also determined the issues that are faces by the
business in development of organisation at international basis.
Literature Review
The creative writing is resolved to be appropriate region of a examination, in this way it
gives a top to bottom investigation with respect to a picked examination territory. This territory
is mostly compelling in furnishing itemized investigation with the help of social event data from
the auxiliary sources like books, diaries, distributed and non-distributed articles, etc (Kolk,
2016). Right now region the examination depends on deciding the potential influence of
economic process on the communal arrangement of wide multination businesses or the major
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issues they face, along these lines right now is effectual in building up the comprehension of the
scientist and student with respect to a picked investigation zone.
The concept of globalisation in the context of multinational corporations.
As per the perspectives communicated through Sammy Collins, 2019, globalization is
fundamentally characterized as the mix of economies and social orders by cross-country stream
of information, thoughts merchandise, administrations, advancements, capital, individuals and
money. Moreover, the system of economic process is showed in the worldwide exchange as a
important zone of results and this will huge in help to deal with the wealth accordingly. In the
terms of international business, economic process is imperative in removing the borders among
the countries or nations and develop gratis deal which assist in monetary emergence.
International corporations are recognised to be the business that are engaged in overseas
spending and conduct their operations in more than one area of region. A multinational
corporation, or multinational business, refers as an international corporation which mainly
derives at least a quarter of its revenues outside its home country, thus globalisation is significant
in terms of Multinational corporations at it provides wider market opportunities to enhance
operations and progression at market place (Toppinen and Korhonen‐Kurki, 2013). The key
purpose of each organisation is to attaining advanced expansion and development via
development of an organisation at global level and globalisation is effective for the organisation
in reducing the trade issues and making the world as a wide market in which individual can make
translations without facing any issue related with trade barriers. In terms of multinational
business, economic process is imperative in exploring wider options for the organsiation and
wider level and assists the operations in right manner to attain sustainability.
The impact of globalisation over the corporate structure of Marks and Spencer.
As per the views evaluation of Patrick Gleeson, 2019, economic process is mainly refers
as the procedure of international integration which is resulting through rapid exchange of ideas,
products, cultural aspects and other global views. The procedure of globalisation in today's
modern era has been caused through the development in infrastructure, telecommunication area
and transport. Globalization has significant influence on the corporate structure of an
organsiation, therefore a corporate structure is for the most part comprise of different offices
which adds to the organizations in general vision, crucial targets. Imprints and Spencer is an
enormous authoritative which has its worldwide tasks and for managing multi-national
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operations, corporate structure is significant in better execution of organisational operations,
however, for managing global operations corporate structure performs an imperative role in
support the whole business operations in significant way. Globalisation is recognised to be an
important aspect which has straight effect on the corporate structure of an organisation and also
assist in effective implementation of business performance. Furthermore, for effective
execution of an organisation functions at international level, corporate structure is significant in
rendering suitable assistance to the business operations, as it may reduces the chances of issues
and conflicts (Crilly, 2011).
The challenges that are faced by the Marks and Spencer in globalising their operations.
As per the views stated by William C. Dudley, 2017, In the present current business
condition, the opposition is perceived to be seriously high and it is very vital for the
organizations to extend their activities at worldwide level, Thus, the basic thought process of
organizations is to accomplishing higher development and accomplishment at commercial
center. Be that as it may, globalization primarily decided how nations individual and association
around the world are interconnected with one another as far as transportation, media and
innovation. Imprints and Spencer is working as an enormous worldwide company and worry
over growing their activities at worldwide level, however, globalization is effective in
reproduction access to the business to operate at global level and despite from this there are few
challenges like trade barriers, cultural barriers, organisational structure, legal and regulatory
structure etc. thus these all has significant influence on the functions of Marks & Spencer at
global level. Global expansion of business might be aspectual for the businesses to gain more
benefits and profitability but it may also have multiple challenges and these affects the entire
business processes in adverse manner, so as a large and well reputed company it is quite
imperative for Marks and Spencer to remove all the issues in respect to support whole
organisational functions in imperative way (Brammer, Jackson and Matten, 2012).
Research Methodology
Research methodology in an examination is perceived to be a specific process and way that
is implemented to analyse, choose, development and decide data with respect to a picked
investigation region . This territory of examination depends on different applications that are
appropriate in helping the general employment in significant manner to drawing substantial or
suitable outcome (Chong, 2014). The appropriate usage of techniques for examining the
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consequence of economic process over the commercial arrangement of enormous worldwide
organizations and the major issues they face, are related as under:
Type of Investigation: Investigation aspect is characterized as the understanding and
methodology that comprise of the resources of executing overall investigation in right manner to
drawn valid and reliable results. The choice of examination type is predominantly envelops over
the idea of the examination issue which is being concentrated in an examination procedure. An
exploration is predominantly of qualitative or quantitative in scenery, hence the choice will be
made over the data accumulated to help the entire examination in bearing of accomplishing
conceivable result. In the current examination investigation, quantitative research will be the
most fitting device as it is compelling in clarifying a particular wonder through social occasion
data which are resolved through applying numerically consolidates devices. Thusly, quantitative
examination will likewise viable in social affair data that depend on raw numbers.
Data Collection tools: In the implementation of an investigation employment, data accumulation
is measured to be the effective aspects as these are effective in gathering suitable data that are
effective in addressing a specified issue. This piece is significantly based on primary and
secondary aspects, thus these two are efficacious in collection of important data. In the context
of this existing research, both primary and secondary tools will be recognised to be effective as
these two are significant in assisting the right way to gather accurate information. Primary
investigation will supportive in gathering specific information that are only based on a specified
area, therefore, in this analysis will be executed through survey in which data gathering is based
on questionnaire. On the opposite way, secondary research will be well helpful in exploring an
individual knowledge via developing detailed theoretical analysis with the possible support of
past investigation, books, journals, published and non-published articles and so on (Lenssen and
et. al., 2011).
Data Sampling: Data sampling is characterized as a compelling measurable assessment device
which is mostly executed to picked, deal with and assess an agent subset of data region to decide
examples and patterns in the more extensive data set that are being assessed (Bolton, Kim and
O’Gorman, 2011). This segment of research is in-corporate over probabilistic and non-
probabilistic sampling tools, consequently, in the acknowledgment of this current assessment
individual are randomly picked from the wider population as it recognised to be the most
effective aspect of probabilistic tool. A similar size for this specific examination will be 30 as
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right now predominantly assembled through the workers of the firm as the representatives are
progressively obligated in giving point by point data in setting of the detailed information of the
firm that creates value in assisting the investigation in right manner.
Timeline and Research Activities
Time frame is characterized as a time span in which all the exercises of examination are
referenced in methodical premise according to the need of their undertaking. Right now work
course of events is available as Gantt diagram as it decided as a foreordained proclamation in
which all the exercises of research are referenced with the suitable time in which the activities
are requires to be finished (Claessens and Yurtoglu, 2013).
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References
Books and Journals
Shapiro, A.C. and Hanouna, P., 2019. Multinational financial management. Wiley.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kolk, A., 2016. The social responsibility of international business: From ethics and the
environment to CSR and sustainable development. Journal of World Business, 51(1),
pp.23-34.
Toppinen, A. and Korhonen‐Kurki, K., 2013. Global Reporting Initiative and social impact in
managing corporate responsibility: a case study of three multinationals in the forest
industry. Business ethics: A European review, 22(2), pp.202-217.
Crilly, D., 2011. Predicting stakeholder orientation in the multinational enterprise: A mid-range
theory. Journal of international business studies, 42(5), pp.694-717.
Brammer, S., Jackson, G. and Matten, D., 2012. Corporate social responsibility and institutional
theory: New perspectives on private governance. Socio-economic review, 10(1), pp.3-
28.
Chong, S., 2014. Business process management for SMEs: an exploratory study of
implementation factors for the Australian wine industry. Journal of Information
Systems and Small Business, 1(1-2), pp.41-58.
Lenssen, G., Blagov, Y., Bevan, D., Arevalo, J.A. and Aravind, D., 2011. Corporate social
responsibility practices in India: approach, drivers, and barriers. Corporate Governance:
The international journal of business in society.
Claessens, S. and Yurtoglu, B.B., 2013. Corporate governance in emerging markets: A survey.
Emerging markets review, 15, pp.1-33.
Bolton, S.C., Kim, R.C.H. and O’Gorman, K.D., 2011. Corporate social responsibility as a
dynamic internal organizational process: A case study. Journal of Business Ethics,
101(1), pp.61-74.
Online
Collins. S., 2019. Globalization – Concept, Causes and Consequences? [Online]. Available
through: <https://thriveglobal.com/stories/globalization-concept-causes-and-
consequences/>.
Gleeson. P., 2019. How Does Globalization Affect an Organization's Business Approach?
[Online]. Available through: <https://smallbusiness.chron.com/globalization-affect-
organizations-business-approach-20077.html>.
Dudley. W., 2017. Benefits and Challenges from Globalization. [Online]. Available through:
<https://www.newyorkfed.org/newsevents/speeches/2017/dud170511>.
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