ZARA's Globalization Strategies in Emerging Markets: Research Report

Verified

Added on  2023/01/19

|14
|770
|38
Report
AI Summary
This research project examines the globalization strategies of ZARA, a multinational apparel retail company. The study aims to determine the diverse strategies employed by ZARA when entering growing marketplaces, specifically focusing on the Soho, London branch. The research includes an introduction to globalization, outlining its impact on businesses, and identifies the research aim and objectives. Data analysis is conducted through a questionnaire, exploring themes such as knowledge of globalization, new trends implemented by companies, the impact of globalization on ZARA's operations, and the advantages gained by ZARA in emerging markets. The findings highlight the importance of globalization for business effectiveness and identifies key trends like geopolitical realignment and economic resurgence. Recommendations are provided for future research methods and for companies to expand awareness of globalization. The conclusion emphasizes the necessity of globalization for business growth, customer base enhancement, and market share expansion while acknowledging associated limitations. The report concludes with a list of references.
Document Page
Research Project
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Content
Introduction
Research aim
Research objective
Data analysis
Findings
Recommendation
Conclusion
References
Document Page
Introduction
Globalisation is defined as process through which a person, company or country can easily
exchange their goods, services, ideas, thought, culture and so on easily as well as it will also
provide huge growth opportunities to business units. Organisation selected for their research is
ZARA which is operating in apparel retail industry and they offer their wide range of products
at worldwide level. This researcher is conducted in order to determine different types of
strategies which multinational company may adopt for entering into growing marketplace.
Document Page
Research aim
Research aim
To determine diverse types of strategies implemented by a multinational company during
entering into growing marketplace. A study on ZARA, Soho, London, Branch.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Research objective
Research Objective
To identify the new trends that can be implemented by an organisation at the time of
globalise its business in emerging market.
To identify the advantages and disadvantages for an organization while expanding its
business practices in emerging market.
To identify the diverse strategies implemented by an organization while moving into
growing marketplace.
Document Page
Data analysis
Theme 1: Knowledge about globalisation
Q1. Do you have knowledge about globalisation? Frequency
a) Yes 19
b) No 11
Document Page
Cont.…
Theme 2: New trends implemented by company during globalisation
Q2. What are the new trends that can be implemented by a company at the time of adopting globalisation? Frequency
a) Geopolitical Realignment 9
b) Economic Resurgence 6
c) Global Climate Change 5
d) All of the above 10
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Cont.…
Theme 3: Globalisation impact on ZARA business operations and functions at the potential
marketplace
Q3. How globalisation impact on ZARA business operations and functions at the potential marketplace? Frequency
a) Positively 7
b) Negatively 8
c) Both 15
Document Page
Cont.…
Theme 4: Advantages gain by ZARA during expanding its business practices in emerging
marketplace
Q4. What are the advantages gain by ZARA during expanding its business practices in emerging marketplace? Frequency
a) Increase Customer's base 6
b) Expand Marketplace 7
c) Access to new talent 5
d) Get pool of resources 4
e) All of the above 8
Document Page
Findings
By conduct evaluation it can be identify or find that globalisation is essential for every
company because through it they able to conduct their work in effective manner at international
level. There are several new trends which are concerned by a company when they adopt
globalisation such as Geopolitical Realignment, Economic Resurgence, Global Climate Change
and so on. The potential audience of this research project is employees of ZARA because they
able to know about effectiveness of globalization and how it will impact on their performance
and productivity. This is the main reason why audience of respective research are attracted
toward the research outcome.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Recommendation
Through the analysis of research outcome it can be recommended to researcher that next time
they may adopt questionnaire method for gathering more authenticate as well as reliable data or
information's. Along with this it can also suggested to companies to expand awareness of
globalisation so that they can effectively expand their business in order to attain their desire
goal as well as target. It is also essential for them to conduct their all operations or activities by
considering rules and regulations.
Document Page
Conclusion
By above evaluation it can be conclude that in today's time it is necessary for company to adopt
globalisation because through it they able to gain numbers of opportunities to grow business at
emerging market. Along with this, it will also help an organisation in enhancing their
customer's base and market shares at the potential marketplace. There are also some limitation
or disadvantages of globalisation such as it required new rules and regulation, increase
expenses and so on.
chevron_up_icon
1 out of 14
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]