Research Project: Globalisation's Impact on Tesco's Business Functions

This report presents a business research project analyzing the positive economic, cultural, and ethical impacts of globalisation on various business functions within Tesco. The research begins with an overview of globalisation and its increasing interdependence of the world's economic, cultural, and population. It examines Tesco's global operations and the rationale for studying globalisation's effects on its functions, including increased creativity, technological advancement, and the ability to invite talent. The research aims to determine globalisation's impact on Tesco's business, with objectives to define the globalisation concept, its significance for Tesco's functions, and its positive impacts. The literature review covers globalisation's concept and its significance for business functions. The methodology section details the research approach, data collection methods (primary and secondary through questionnaires and literature review), research philosophy (Interpretivism), data sampling (Probabilistic), and ethical considerations. The report includes a questionnaire to gather data and assess the impact of globalisation on Tesco. The research aims to understand how globalisation affects business functions and contributes to Tesco's competitive advantage.

Completing a Business
Research Project

Table of Contents

Title: “To determine the positive economic, cultural and ethical impact of globalisation on
different business function in organization. A study on Tesco.”
INTRODUCTION
Overview of the research
Globalisation is a concept of process by which administration create or start operating at
a global scale. It describing increasing interdependence of the world's economic, cultures and
population, flows of investment, people and information as well. Along with this, it provide a
wider possibility to organisation for amend productivity by operating at worldwide. This concept
is related to the integrations of markets in the global economy that help in increasing
interconnections of national economic (Yin, 2017). It support in creating competitive image in
over the world. It contribute in raising the market share and profitability as well. Current
research is based on Tesco, is a British multinational groceries and general merchandise retailer
in UK. Company operate their business at global level in which they needs to effectively
examine effect of globalisation on the organizational function. As it assist in improving the
workforce, innovation and creativity within the organization that support them while operating
business activities at international level. Through which organization improve their performance
and established competitive advantage as compare to its rivals.
Rationale of the research
The primary ground of selecting this topic is to find out the effect of globalisation on
various function of company. By this investigator also improve their skills and knowledge about
the selected theme. This area of research provide clear path to researcher to effectively undertake
the research. The main focus of current study is to analyse the effect of globalisation on business
and its activities as well. As it is not so easy for business to globalise their business (Crane and
et. al., 2019). Through which, researcher easily improve their knowledge which could improve
scope for investigator professional development.
Research aim
“To determine the positive economic, cultural and ethical impact of globalisation on
different business function in organization. A study on Tesco.”
Research objectives
 To determine the globalisation concept.
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 To define the significance of globalisation for business function within the Tesco.
 To evaluate the positive economic, cultural and ethical impact of globalisation on
different business function.
Research questions
 What is the main globalisation concept?
 What are the significance of globalisation for organizational function within the Tesco?
 What is the positive economic, cultural and ethical impact of globalisation on different
business function?
LITERATURE REVIEW
Concept of globalisation
According to Bartelson, (2019), globalisation is a wider concept for organization to meet
all the objectives set by organization while operating at world wide. Mainly, it is a term that
provide platform by which company execute their functional act to attain success. Along with
this, globalisation is also increased the interconnection among different countries through which
firm can easily transfer their good and services that help them in making positive relation. It may
help in minimize issues related with communication and many more. Due to increasing in the
globalisation concept, company may reduce the cost of good and services and also develop the
transport and communication that improve the quality products. This is the main reason that
number of customers are easily attracted and make brand image popular. Furthermore, increased
trade is also become increasingly free that improve the company and industry performance at
market place and also generate revenue within the organization.
Significance of globalisation for business function within the Tesco
According to Yueh, (2018), globalisation is a process that is beneficial for enterprise and
its function as well. By this, form can build their positive brand image and also may gain
profitableness. As, some significance of globalisation for business function within Tesco are as
follows:
 Increased creativity: While operating business at international level it increase the
creativity as also includes innovative ways by which company may easily offer new
products that assist in attracting customers towards its services.
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 Technological advancement: While company globalise their business then they also adopt
new and advance technology which may support them in offering quality products. It
impart in developing competitive image of Tesco.
 Invite talent: The advantage of globalisation is that it increase the chances of inviting
skilled and talented workers towards the company who have sufficient knowledge about
global activities and legislation as well. This will improve the positive image of the
company and also accomplished their competitive image as well.
Positive economic, cultural and ethical impact of globalisation on different business function
According to Su and et. al., (2016), Globalisation includes various factors like economic,
cultural and ethical that effect on the organizational functions and its activities as well in positive
manner. This will increase the chances of devising performance of the organisation more
productive and famous as well. In this context, there are some impact of all these aspects on
business functions are as follows:
 Financial stability: In terms of economical impact of globalisation it put positive impact
on business by keeping financial stability that may help in easily expanding operational
activities. Furthermore, it also outcome of accounting role of the business in positive way
by which they can improve their performance.
 Positive work environment: In regards of ethical impact of globalisation, it put positive
impact by making work environment healthy for individual in which they can easily
perform their task activities and also amend their execution as well.
 Acquire innovative ideas: Globalisation increase the innovative ideas by which
organization direct their business activities appropriately and also make entire
performance more competitive.
RESEARCH METHODOLOGY
It refers to a crucial plan and procedure execute the entire research in well organized
manner. In this research is liable for using effective method of collect applicable information
about the specific research topic. the main aim of research is to make an effective work place in
which all the activities can be done effectively and also may attain positive results (Lawrence
and Weber, 2014). Along with this, research is also consider as an academic activity that used in
a technical sense. It comprises defining and redefining problem, effectively formulating the
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hypothesis towards the specified solution. By this, investigation can easily organising, evaluating
and making better decision that contribute in accomplishing positive and reliable outcomes.
Furthermore, research methodology includes different methods and approaches through which
researcher gather data to make accurate judgment within the study.
Type of investigation
In whole research activity, researcher is responsible for identifying appropriate method
that aid them in executing research in an organized way. Mainly, researcher can be completed by
different ways like Qualitative, Quantitative and mixed method. All these are the important
method of gathering relevant data about specified research theme. In this Qualitative research is
related with primarily exploratory which help in understanding of underlying reasons, opinion
and motivation that provide visual image towards the problem to effectively develop the ideas
and hypothesis. It is also related with the potential quantitative research. Furthermore,
quantitative research method is related with the objectives measurement and the mathematical or
numerical analysis that assist in data through survey and questionnaire methods. By using this,
research may easily interpret the real content towards the researcher views and opinion as well.
Furthermore, mixed method is related with combination of both research that support
investigator to effectively gather reliable results (Khan and et. al., 2015). In this research,
investigator adopt mixed method which assist in assessing the accumulated information towards
the human behaviour and their perception as well. By this, valid decision can be easily taken.
Research Approach
This can be consider as an important plan that includes different structure in which
information should be collected, analysed and interpretation. Along with this, it is essential
because it support researcher while taking decision within the research activities. It is classified
on the basis of two approaches such as inductive and deductive. By this approaches, researcher
attain positive and reliable outcomes. Inductive research approach is start with observations that
are projected about the end of the research process. Along with this, it is also relate the search for
pattern through observation and explanations development as well (Cheney and et. al., 2014).
Furthermore, deductive research approach refers with the social explanation and implications
with data as well. In addition of this, it also help in developing a theory that is related with the
existing theory. In current research, inductive research approach will be used by researcher to
gather tested data.
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Data Collection Methods
It is one of the essential part of research methodology that can be helpful at the time of
gathering information related with research aims and objectives as well. Mainly, it is consider as
a procedure of collecting information through various relevant sources for finding the actual
research problem. In this context, it can be divided in two concept such as primary and secondary
method of data collection. Primary method of data collection is originated for the first time by
the investigator by direct efforts and experience with the aim of determining the research issues.
This type of data is also known by first hand and raw data. Furthermore, this type of method
quite expensive that requires necessary resources such as manpower and investment.
Furthermore, secondary method implies second hand information which is already exist in
another material and also collected by another person used for a specified purpose. As it includes
different materials like books, journals, articles, websites and so on. In this research, researcher
will use both primary and secondary method to effectively analyse information. In primary,
researcher prepare questionnaire that includes various questions that asked from the answerer for
savvy their views towards the research area (Jondle, Ardichvili and Mitchell, 2014). In secondary
method of data collection, researcher includes literature review that includes various writers
views and thought about investigation theme.
Research Philosophy
It is a belief towards the structure in which data should be gathered, analysed and used.
Along with this, it is an crucial part of research methodology that can be classified into
Interpretivism and Positivism. For undertaking this investigation, investigator will use
Interpretivism research philosophy that includes multiple methods with the purpose of reflecting
the different aspects of the problems and issues (Scherer and et. al., 2016). As, it will be more
effectual in providing qualitative report within the research activities to take right decision.
Data Sampling
In research project, data sampling is a statistical method applied by investigator to
analyse the pattern and data as well. In categorized in two types like Probabilistic and Non-
Probabilistic sampling method. In this investigation, scientist will use Probabilistic sampling
method in which every elements acquire equivalent chances to be chosen through which they
easily gather applicable data about the research area. Along with this, investigator choose 40
participants as a sample size that support in collecting actual information.
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Ethical Consideration
It is related with the norms and standard that faced by the researcher while undertaking
research. In this, it is primary for researcher to execute investigation in ethical manner that may
ameliorate the chance of attaining positive and reliable outcomes. For attaining the same,
researcher can manage time and also keep adequate fund to successfully completing the research
work (Forno and Graziano, 2014). This will impart in rising the efficiency of research activities
and make a successful research.
RESULTS
Questionnaire
Name:
Age:
Contact No.:
Email address:
Q1) Do you have any idea about Globalisation concept ?
a) Yes
b) No
Q2) What advantages are drive globalisation for business function within the Tesco?
a) Increased creativity
b) Technological advancement
c) Invite talent
Q3) Which function of business organisation is largely affected by the globalisation
concept?
a) HR function
b) Marketing function
c) Accounting function
d) operations function
Q4) What are the main reason of organisation to globalise their operational activities at
global level?
a) For increasing market share
b) For developing connections
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c) For increasing competition
Q5) Is globalisation help in attracting number of new and potential consumers within the
Tesco?
a) Yes
b) No
Q6) What type of challenges faced by Tesco while executing business world wide?
a) Cultural change
b) Public relationship
c) Legal structure
Q7) What type of ways adopted by company to overcome from the challenges at global
level?
a) Skilled workforce
b) Knowledge about legal activities
c) Understand market trends
Q8) What is the positive economic, cultural and ethical impact of globalisation on different
business function?
a) Financial stability
b) Positive work environment
c) Acquire innovative ideas
Q9) Recommended ways to improve the performance level of the company at Global level.
Questionnaire
Q1) Do you have any idea about Globalisation concept ? Frequency
a) Yes 30
b) No 10
Q2) What advantages are drive globalisation for business function
within the Tesco?
Frequency
a) Increased creativity 20
b) Technological advancement 10
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c) Invite talent 10
Q3) Which function of business organisation is largely affected by the
globalisation concept?
Frequency
a) HR function 12
b) Marketing function 12
c) Accounting function 10
d) Operations function 6
Q4) What are the main reason of organisation to globalise their
operational activities at global level?
Frequency
a) For increasing market share 25
b) For developing connections 10
c) For increasing competition 5
Q5) Is globalisation help in attracting number of new and potential
consumers within the Tesco?
Frequency
a) Yes 30
b) No 10
Q6) What type of challenges faced by Tesco while executing business
world wide?
Frequency
a) Cultural change 20
b) Public relationship 10
c) Legal structure 10
Q7) What type of ways adopted by company to overcome from the
challenges at global level?
Frequency
a) Skilled workforce 15
b) Knowledge about legal activities 15
c) Understand market trends 10
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Q8) What is the positive economic, cultural and ethical impact of
globalisation on different business function?
Frequency
a) Financial stability 20
b) Positive work environment 10
c) Acquire innovative ideas 10
DISCUSSION AND ANALYSIS
Theme 1: Idea about concept of globalisation.
Q1) Do you have any idea about Globalisation concept ? Frequency
a) Yes 30
b) No 10
Interpretation: Globalisation show a vital role in processing organisational activities at
worldwide and also increase the trade, communication and many more that assist in rising the
performance of the organization. Furthermore, it provide possibility to the company to easily
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30
10
a) Yes
b) No