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Research Project

Table of contents

P1: Explain a research proposal clearly, described research


data and all aspects methodology

P2: Demonstrate the appropriate research methodology and


adopted the primary and secondary research data.
Topic

Globalization can drive in business success


 
Introduction

 
Globalization indicates the process of creating relationship across national borders and cultures
to spread and make interexchange of products, technology, information, and manpower. It
helps to make interconnection and interdependency among nations and allow free trade.
Globalization indicates not only the interexchange of businesses but also the interexchange of
politics, laws, cultures out of national boundary. In today’s rapid growing and competitive
business world, globalization plays a vital role to spread business worldwide. Multinational
companies and industries getting success for their strategic business operation based on
globalization. It makes them able to get international co-operation and global economic inter-
dependency that leads them to achieve their goals and objectives. The assignment is based on
this topic dividing into two parts research proposal and individual reports.


 
P1: Explain a research proposal clearly, described
research data and all aspects methodology.
Introduction

Globalization is a very familiar word in today’s business world. As it


 

reduces the national boundary people can consume any products


from all over the world easily within a shortest possible time. It also
helps businesspersons to expand their business all over the
countries. It makes the business environment more competitive,
that’s why the companies put emphasis on strategic business
planning to gain competitive advantages among the rivals. The
lifestyle of people gets easier because of globalization. Not only
positive sides globalization has some negative sides too. Sometimes
it creates monopoly markets that dominate consumer’s markets.
Background study

Globalization makes interconnection among the markets all over the world.
It seems like globalization makes link among worldwide businesses into
one market. It makes the connection among the nations with globalize
network. The business environment is being changed from day to day.
Multinational companies being more strategic and up to date to cope up
with this changing context to achieve their goals and getting competitive
advantages. Assessing the market condition multinational companies
produce their product globally to capture a strong market position. Not
only the economy it also makes interexchange among the countries about
politics, cultures, social matters, population, technologies, information, jobs,
etc.
Problem statements

Sometimes globalization makes multinational companies


aggressive in operating business. In some cases, there exist
monopoly business. The rules and regulation of both local and
international are not being abided by them in operating their
business. There have some rules and restriction in the local and
global market, every company should maintain these. Without
maintaining these the market can loss its balance. But
globalization sometimes fails to ensure this side.
The aim of the assignment

Every research has some motives and objectives. Without motive


or target vision a report cannot get conclusion properly and is
being failed to produce any output. The aim of this report is to
show the balance between national and multinational
companies in local markets and identify the positive and
negative impact on global markets.
Objectives of the research

• To show the balance between local and multinational


companies in local markets.
• To identify the positive and negative impact on global
markets for globalization.
• To show the benefits and losses of globalization both
nationally and internationally.
Research Question

a. Has there any positive impact of globalization on


organizational context?
b. What are the challenges of an organization to become
globalized?
c. What are the advantages and opportunities for an
organization to become globalized?
d. Has there need any progress in globalization to offer more
advantage and benefits to each sort of business organization.
Purpose of research

Research is a systematic investigation to test own and each


other investigation based on primary and secondary data. The
purpose of research is to prove a theory and correcting, refining
and developing knowledge in a study. The main purpose of this
research is to investigate local and national markets to identify
the opportunity and challenges on the context of globalization.
Literature review

The business environment and industries are being changed rapidly for
globalization. Globalization marge the local and international market in
one platform. Before industrial revolution products are produced locally
within a boundary but all countries do not produce the same product.
There was a barter trade system. But gradually after globalization, the
market achieves borderless free market for trade. The industries produce a
product to capture both local and international market. There have some
rules and restriction both in locally and internationally to ensure balance in
the business environment. These rules and obligation have to maintain by
the companies to operating their business in local and international
markets.
P2: Demonstrate the appropriate research
methodology and adopted primary and secondary
research data.
Research Methodology

Research methodology is a systematic process to collect data


and information to take decision properly. Research
methodology related to identification, collection, processing and
analyzing data to produce the desired output.
Research Approach

Research approach is a plan and procedure to make an


assumption for a detailed method of collecting data, processing,
analyzing and interpreting them. Research approach can be
three types-
a. Deductive Approach
b. Inductive Approach
c. Abducting Approach
Research Design

Research design is the overall framework to collect data and


analyzing them to answer the research questions. This research
follows the explanatory research process. 
Research strategy

Research strategy indicate the step by step process of activities


that give direction for the research. Both qualitative and
quantitative data processing is being ensured here for
conducting research.

Data Collection methods

Data collection method indicate the way of collecting data for


the research. In this research, both primary and secondary data
collection method is being used. Primary data is field-level data
and secondary data conduct by other information and
statistics. 
Anticipated outcomes

The expected outcome is to know about globalization to use


that in business success.

Conclusion

Globalization put a huge impact in today’s business


environment. The nature and strategy of businesses are being
changed rapidly both in locally and internationally. This report
discusses the process and way to know about globalization in
the business context.

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