An Analysis of Globalisation's Impact on TESCO Supermarket Operations

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This report examines the impact of globalisation on TESCO Supermarket, a British multinational company operating in the retail industry. The study explores the effects of globalisation on TESCO's operational functions, considering cultural, ethical, and economic dimensions. The report begins with an introduction to globalisation and its significance, followed by an outline of the research aims, objectives, and questions. It then presents the project management plan, including cost, time, scope, communication, and risk assessments, along with a work breakdown structure and Gantt chart. The research methodology incorporates primary and secondary data collection methods, utilizing questionnaires for data gathering. The data analysis section presents and interprets findings from the questionnaire, highlighting the respondents' awareness of globalisation and their perspectives on its influence on TESCO's operations. The analysis covers themes such as the concept of globalisation, cultural influences, challenges faced, and recommendations for improvement. The report concludes with reflections on the research process and provides recommendations for TESCO to effectively manage the impacts of globalisation on its business activities. References are also provided.
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Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Aims and Objective................................................................................................................3
P2 Project management plan.......................................................................................................4
P3 Work breakdown Structure and Gantt chart...........................................................................5
TASK 2............................................................................................................................................7
P4 Research Methodology...........................................................................................................7
TASK 3............................................................................................................................................8
P5 Data Analysis..........................................................................................................................8
P6 Research recommendation....................................................................................................16
TASK 4..........................................................................................................................................17
P7 Reflection.............................................................................................................................17
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
REFERENCES..............................................................................................................................18
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INTRODUCTION
Globalisation is termed as a process in which interchange of products, services, funds, and
human resources is done across the national boundaries. With the help of this process
organisation can effectively work and manage their activities at International markets.
Globalisation allows Industries to gather resources into different parts of the world and offer
their organisational services in order to gain profitability and serve large base of customers.
Present report has been made on TESCO a British multinational organisation. Company offer
their services in retailing industry. Organisation offer groceries and general merchandises with
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having headquartered in England, UK. TESCO offer their products and services via superstore,
convenience store, Hypermarket and supermarket. In this present report formative discussion has
been made on globalisation impact on cultural, ethical and economical development of TESCO
operational functions along with the recommendations with the help of which organisation can
effectively able to sustained from these impacts.
TASK 1
P1 Aims and Objective
Background of research
Globalisation is mainly a interaction of two or more than countries for trade relationship
in which exchange of goods and services have been made. It had been evaluated that
globalisation have various number of factors such as economical, cultural and ethical that
significantly put impacts on TESCO operational functions and activities. As, globalisation is
impacting on TESCO operational functions it may further lead towards hampering smooth
functioning of organisation daily basis activities. In context with TESCO, as the company
perform their services in retailing industry and offer their products in seven countries across
Europe and Asia main motive for this research is to effectively evaluate and understand the
ethical, cultural and economical impact of globalisation on operational functions of company. In
addition with this it can be further evaluated that as company is offering their products and
services at international market place impact of globalisation on their operational functions may
decrease company efficiencies that may lead towards affecting other managerial functions. In
context with this researcher developed aims and objectives with the help of which proper
understanding of this impact of globalisation can be effectively understood.
Research Aim
“To evaluate the positive cultural, ethical and economic impacts of globalisation on
operational department of TESCO Supermarket” A case study on TESCO Supermarket.
Research Objective:
To understand the concept cultural, ethical and economical factors of globalisation.
To analyse the positive influence of different factors of globalisation on operational
function of TESCO Supermarket
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To analyse different challenges faced by TESCO Supermarket while executing their
operational activities at global scale.
Research Questions:
What are the concept cultural, ethical and economical factors of globalisation?
What are the positive influences of different factors of globalisation on operational
function of TESCO Supermarket?
What are the different challenges faced by TESCO Supermarket while executing their
operational activities at global scale?
P2 Project management plan
A project management plan is mainly a document in which specification of the manner in
which project is required to be executed, evaluated and control is defined. In simple terms it can
be termed as a brief summary of the whole project that effectively reflects project plan
documents, management plans and more. In context with research project of TESCO further
details of present research execution is been defined below:
Cost:
Funds are backbone of each and every project with the help of which further facilitation
is done in a successful manner. Financial funds are lifeblood of a project that denotes
accomplishment of project in a well define manner. In context with present research report of
TESCO, it has been estimated that approximate amount of 15K is been required by researcher in
order to effectively evaluate and gather correct information regarding this research.
Time:
Time is most important asset with the help of which execution of project is determined in
well effective manner. Thus, it is essential for researcher to effectively conduct their activities as
per according to time in order to effectively execute project. In context with present research of
TESCO, it has been determined by researchers that approximate time period of 2 month will take
in order to conduct research and gain satisfactory outcome.
Scope:
This is one of the most important factors which are related with project planning which is
required to be effectively understood to identify future scope. It has been evaluated that
accomplishment of present research, TESCO can able to execute their operational activities in
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best effective way it further lead company towards accomplishing their future goals with more
profitability.
Communication:
Communication is act as a bridge with the help of which effective execution of activities
and functions are determined. Inefficiency of effective form of communication may lead towards
impacting on smooth functions. In context with present research of TESCO, it is essential for
researchers to take advantage of best effective form of communication with the help of which
researcher can transfer further detail to their teammates.
Risk:
In order to execute an activity there are so many obstacles and risk that may hamper
successful accomplishment of project. In relation with present research of TESCO, the risk is
associated with unsupportive factors that may affect execution of research. In context with it has
been said that there are different factors and international market such as ethical and cultural
expect that may affect organisational operational activities.
P3 Work breakdown Structure and Gantt chart
Gantt chart:
It termed as a chart which contains a series of horizontal lines that portray the unit of
production and amount of work completed within a particular time period in relation with the
operation that have been planned for that time period. A Gantt chart is fundamentally used in
project management for providing a graphical illusion of schedule that assist project manager to
plan, track and coordinate project for achieving objectives behind it.
Work breakdown structure: -
It refers to a chart under which the crucial work components are presented to conclude
the relationship between them and within the project as a whole and these components are
normally known as task of the project. Work Breakdown Structure effectively aids a project
manager to successfully manage the team work into more convenient section.
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TASK 2
P4 Research Methodology
Primary research method:
In this method of Data Collection research gather data from respondent in a personalized
manner. Primary data is a first hand and raw data within which no mediator is exist. There are
different types of methods in primary data collection method to collect information such as field
trials, questionnaire, observations, interview, Focus Group and more. In the present research take
advantage of questionnaire in order to ascertain the exact state of mind of respondents. As this
process is time consuming but it provide relevant information’s in order to facilitate for the
research.
Secondary research method:
This is a type of methodology in which researcher allocate information’s from already
published modes in order to accomplish research. In this it has been evaluated that researcher
collect information in time consuming manner without compromising research quality. There are
different types of secondary data collection methods such as magazines, books, journals, online
articles, newspaper and more through which authenticated information’s can be collected.
Qualitative research:
With the help of qualitative research researcher can effectively able to evaluate behaviour
and attitude of individuals. This research method is mainly undertaken as to have in depth
knowledge of specific topic. In this research researcher take advantage of photographs,
observations and more to evaluate true result. In this researcher can also take advantage of
interview method with the help of which they can analyse response of respondent and find out
accurate solution for research aim.
Quantitative research:
This method is based on statistical and numerical information’s that is been collected by
research to conduct overall researcher. With the help of this methodology research can able to
evaluate large number of respondent’s response as to further execute research process results. In
this method results seems as more practical as compared to qualitative research.
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As per the above method has been evaluated that researcher take advantage of qualitative
form of research method, within this questionnaire Data Collection mode is undertaken by the
researcher within which they evaluate response of 30 respondents in order to fulfil objective of
research.
TASK 3
P5 Data Analysis
Questionnaire
Q 1) Are you aware with the concept of Globalisation?
a) Yes
b) No
Q 2) According to you, in which manner culture influences operational work of TESCO
Supermarket?
a) Positive
b) Negative
Q 3) Do you think, different factors of globalisation influences business functioning of
TESCO Supermarket?
a) Yes
b) No
Q 4) On the basis of below stated factor of Globalisation, according to you which one
influences the operational function of TESCO Supermarket?
a) Cultural
b) Ethical
c) Economical
Q 5) As per your vision, which one of the below stated is the main resource that will be
required by TESCO Supermarket performing their business activities in international market
scale.
a) Human resource
b) Financial resources
c) Technological resources
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Q 6) Do you think, Globalisation will increase profitability of TESCO Supermarket?
a) Agree
b) Disagree
Q 7) As per your opinion, which one is the main challenge of globalisation that will be faced
by TESCO Supermarket at the time of executing operational activities in international
marketplace?
a) Hiring loyal employees
b) Adequate amount of fund
c) Cultural and language barrier
Q 8) Provide recommendation to TESCO Supermarket through which they can improve
their operational function at Global scale.
Questionnaire
Q 1) Are you aware with the concept of Globalisation? Frequency
a) Yes 25
b) No 5
Q 2) According to you, in which manner culture influences
operational work of TESCO Supermarket?
Frequency
a) Positive 22
b) Negative 8
Q 3) Do you think, different factors of globalisation influences
business functioning of TESCO Supermarket?
Frequency
a) Yes 26
b) No 4
Q 4) On the basis of below stated factor of Globalisation,
according to you which one influences the operational function
of TESCO Supermarket?
Frequency
a) Cultural 10
b) Ethical 10
c) Economical 10
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Q 5) As per your vision, which one of the below stated is the
main resource that will be required by TESCO Supermarket
performing their business activities in international market
scale.
Frequency
a) Human resource 11
b) Financial resources 12
c) Technological resources 7
Q 6) Do you think, Globalisation will increase profitability of
TESCO Supermarket?
Frequency
a) Agree 25
b) Disagree 5
Q 7) As per your opinion, which one is the main challenge of
globalisation that will be faced by TESCO Supermarket at the
time of executing operational activities in international
marketplace?
Frequency
a) Hiring loyal employees 9
b) Adequate amount of fund 11
c) Cultural and language barrier 10
Data Analysis
Theme 1: Concept of Globalisation
Q 1) Are you aware with the concept of Globalisation? Frequency
a) Yes 25
b) No 5
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Interpretation: Globalisation refers to the integration of government, people and
business organisation for the common purpose of growth. On the basis of above discussed graph,
it has been analysed that 25 people have said that they are aware with the concept of
globalisation as they are socially active and update themselves about external world activities.
Whereas, leftover 5 people have denied to the same thought, this is because, they are not
connected with the external world. This makes them unaware about the concept of globalisation.
Theme 2: Culture influences operational work of TESCO Supermarket
Q 2) According to you, in which manner culture influences
operational work of TESCO Supermarket?
Frequenc
y
a) Positive 22
b) Negative 8
Interpretation: Culture of every country holds direct or indirect influence over the
operational activities of the business. This influence could be positive or negative for the
company. As per the above represented graph, it has been observed that 22 respondents believes
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