Examining the Positive Impacts of Globalization on Tesco's Business

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Added on  2023/01/20

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This report aims to identify the positive economic, cultural, and ethical impacts of globalization on various business functions within organizations, focusing on Tesco as a case study. The analysis includes identifying positive impacts on business operations such as knowledge sharing, efficiency, cost-cutting, productivity, and technology sharing, as well as the impact on organizational culture across departments. The report also explores the ethical impacts of globalization on different departments within Tesco. Survey results indicate that globalization has a positive economic impact on Tesco in terms of cost control, leads to enhancement of ROI on business operations in the international market, develops cultural understanding among different nations, increases transparency and accurate accounting of transactions, and fosters cooperation among teams from different cultures and nations. Overall, the findings suggest that globalization positively impacts Tesco by facilitating knowledge transfer and improving business operations.
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MANAGING SUCCESSFULL
BUSINESS - 2
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Aim and objectives
Aim: To identify positive economic, cultural, and ethical impacts of globalisation on different
business functions within organisations.
Objective
ď‚— To identify positive impact that globalization has on the operations of the business firm in
terms of knowledge sharing, efficiency, cost cutting, productivity and technology sharing.
ď‚— To identify positive impact that globalization has on organization culture across departments.
ď‚— To find out ethical impact that globalization has on the varied departments of the Tesco.
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Do you think globalization have positive impact on the business
firms?
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Globalization have positive economic impact on Tesco in terms of cost control.
Strongly agree Agree Neutral Disagree Strongly disagree
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Globalization leads to enhancement of ROI on firms business operations in the international
market.
Strongly agree Agree Neutral Disagree Strongly disagree
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Due to globalization cultural understanding developed among different nation’s people
who help in performing company business operations related to marketing in proper
manner.
Strongly agree Agree Neutral Disagree Strongly disagree
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Globalization leads to increase in transparency and accurate accounting of transactions in respect
to firms across globe.
Strongly agree Agree Neutral Disagree Strongly disagree
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Cooperation among teams belongs to different cultures and nations increased due
to globalization.
Strongly agree Agree Neutral Disagree Strongly disagree
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Cooperation among teams belongs to different cultures and nations increased due
to globalization.
Strongly agree Agree Neutral Disagree Strongly disagree
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Globalization has positive cultural impact on firm and this facilitate knowledge transfer
among people working in Tesco which ultimately benefit company
Strongly agree Agree Neutral Disagree Strongly disagree
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