Lowest guaranteed price across the globe. Get upto 50% off ! Book Now

Understanding Business and Management Research Methods

University: Brunel University London

  • Unit No: 16
  • Level: High school
  • Pages: 8 / Words 2034
  • Paper Type: Assignment
  • Course Code: MG5615
  • Downloads: 121
Question :

This sample will let you know about:

  • Discuss the impact of marketing on business.
  • Define Globalistation.
Answer :
Organization Selected : HSBC Holding Plc.
Today, emergence of globalisation enables a number of firms to move their businesses internationally. It provides a number of features like trading blocs, international mobility of labour and capital, global business communications etc. that allow firms to easily operate business in multiple countries (Cohen, 2018). To persuade its influence, a research is going to conduct in the present project, where how mobility of labours and capital arise issues for multinational companies will be discussed. For this purpose, HSBC Holding Plc is chosen which is one of the multinational investment bank of UK that operates its business in more than 65 countries. So, its mobilise both its labours and capitals to get high return on investment. But apart from various benefits, it highly effects its business management that will be explored in this project report.

Research Aim

To identify the issues faced by management of multinational companies due to international mobility of labour and capital.

Research Objectives

  • To determine the benefits of international mobility of labours and capitals for multinational organisations.
  • To identify the challenges of international mobility of labours and capitals faced by management of HSBC Holding Plc.
  • To develop the strategies that help HSBC Holding Plc to overcome from the management issue.

Research Questions

  • What are the main benefits of international mobility of labours and capitals for multinational organisations?
  • What are the challenges of international mobility of labours and capitals faced by management of HSBC Holding Plc?
  • What are the core strategies that help HSBC Holding Plc to overcome from the management issue?

Rational of the research

The main purpose of conducting this investigation is to develop detailed understanding on the mobility of labours as well as capitals for large scale companies and its associated benefits that could be leveraged by them (Baruch, Altman and Tung, 2016). Apart from this, another motive of conducting this investigation is the personal interest of the researcher for improvising their own skills and knowledge that would further help them out in conducting more effective research in the near future. This would definitely develop them as the researcher and enhance the scope in the same field.Get Assignment Examples.Talk to our Experts!

Main benefits of international mobility of labours and capitals for multinational organisations

According to the views given by RADCLIFFE, B., (2020) Labour mobility is basically termed as the ease with that labours can easily move from one place to another with the motive getting job. On the other hand, capital mobility justifies the movement of capital from one place to another. This can be clearly seen in the form of transaction of capital from one nation to another one. Labour mobility and capital mobility are determined as two of the main methods through which large scale companies can easily improvise their business performance as they are able to prevent the situation of labour shortage in the nation where they are operating their businesses in rightful manner.

Along with this, another benefits attained by labour mobility is increase in production as well as growth of the company as they are easily able to execute approach the labour who further contributes in the success of the company by simply placing their hard work into it (The Economics of Labor Mobility, 2020). On the other hand, benefits that are attained by large scale companies with capital mobility is boosts up the economic access of the businesses towards the global level from where they can easily bring capital to their companies with lowest interest rate. It also helps company in improvising their business performance as they are having satisfactory amount of funds for executing their business activities and attain success with it.

Challenges of international mobility of labours and capitals faced by management of HSBC Holding Plc

On the basis of the perception presented by author named as Favell, (2017), with the globalisation mobility of labour and capital is becoming smoother for the large scale companies as they are getting complete support from the nation’s side as well as their government too. But at the same time, it has been analysed that these businesses often faces some problem in terms of challenges while executing the mobility of labour as well as capital within their company. Order assignment help from our experts!

The main challenges that have been faced by management team of large scale companies such as HSBC Holding Plc while executing international mobility of labours are education and training to labours, cultural barrier, higher employee turnover etc. this is so because migrant labours are not that much trust worthy for the company (Collings and Isichei, 2018). On the other hand, if it talked about the challenges that are faced by management team of large scale companies such as HSBC Holding Plc while executing international mobility of capital is finding out guarantor for them at international scale so that capital could be issues to them in rightful manner.

Core strategies that help HSBC Holding Plc to overcome from the management issue

From the viewpoint expressed by  Shapiro and Hanouna, (2019), it has been analysed that even though challenges associated with the mobility of labour and capital is higher but still it can be said that business manager of the large scale company must emphasise on acquiring best strategies so that it can eliminated in appropriate manner. the main strategy that must be adopted by management team of large scale companies like HSBC Holding Plc for overcoming challenges related to mobility of labour is set a good job description and revise their recruitment policy so that they can easily choose only the right candidate for them who could work effectively for the growth of the company.

Here, it can be said that by revising recruitment policies the HR department of company will choose skilled labour as per the core requirement of their business Kirk, (2016). This would help in bringing right labour in the company so that their money and time invested in training and development session could be saved. On the other hand for handing issue associated with the capital mobility it can be said that the respected manager of the company must focus on adopting some effective marketing tactics so that they can easily develop their positive brand image at international market and develop their relations with the other companies who could further sign up on the guarantor paper while bring capital from global market to the home nation (Schmid and Wurster, 2017).

Also Read- Knowledge Management

Discussion

On the basis of overall information depicted in the literature review section, it has been analysed that internationalization has brought two most influential concept for the businesses such as mobility of labour and capital. Here, it has been determined that mobility of the labour is simply termed as the free flow of labour from one place to another that is within economy or outside the economy Cumming, Filatotchev, Knill, Reeb and Senbet, (2017). On the other hand mobility of the capital is commonly termed as the concept with which large scale companies can easily upgrade their capital by approaching international market for it so that funds can be raised with minimum interest rate. Here, it has also been analysed that by approaching both of these methods businesses can easily improvise their performance by simply increasing their level of productivity with the extensive workforce  (Guo and Al Ariss, 2015). Along with this, it also helps company in enhancing their profitability at international marketplace in rightful manner. Also, large scale companies are required to revise their recruitment policy in order to take maximum leverage of mobility of labour so that they only hire skilled workforce within the company. Struggling with your dissertation, get dissertation help from our experts!

Research Methodology

Research methodology is acknowledged as the effective framework that is used by investigator in order to justify which methods have been adopted by them for executing the research activities in effective manner so that valid outcome can be drawn from it (Monteiro and Birkinshaw, 2017). The respective section is useful in collecting, evaluating, analysing and interpreting data with the motive of drawing valid conclusion on the research problem. The methodology adopted for the current study has been specified as below:

Sources of data collection: - This is defined as the medium that is acquired by investigator in order to gather required information from which investigator would draw outcome on the research problem. In order to gather information over the research topic investigator mainly makes use of two types of sources of data collection methods such as primary and secondary method (Sparrow, Brewster and Chung, 2016). Among both of these methods of data collection, investigator basically focuses on making use of secondary sources with the motive of gathering desired information on the proposed topic in rightful manner. Here, main preference has been provided to books, journals, online articles and other published sources so that maximum reliable information could be gathered within the limited period of time.

Type of investigation: - This method clearly emphasises on analysing overall information gathered from different sources. Analysis of the investigation is basically done with the two main methods that is qualitative and quantitative form of the methods (Latukha, 2015). With reference to the present investigation, the researcher has made use of qualitative type of investigation method as it supports in collecting and representing the detailed information over the proposed research topic. It simply justifies the obtained findings in the theoretical format that simply helps reader in drawing valid outcome on the same within the limited period of time by covering maximum aspect related to the same.

Research approach: - Research approach is commonly seen as the effective plan and process which includes range of steps developed on the assumption towards selection of the several methods like data collection, analysis etc. This also justifies the nature of the research that is being carried out by investigator for addressing research problem (Ravasi, Salamin and Davoine, 2015). Inductive and deductive are two common forms of research approach that are adopted by the investigator according to the suitability of the research in appropriate manner. Among these inductive forms of research approach has been used by the investigator as it provides contribution analysing overall data gathered with the usage of qualitative type of investigation. The respective method is supportive drawing valid out based theories and concepts given by different authors on the same topic.

Finding

From the overall discussion made in the above section, it has been determined mobility of labour and capital is seen as the effective way through which businesses can easily execute their work and maximise their profitability. The main benefit associated with mobility of labour is preventing the situation of labour shortage in the nation and increasing production as well as growth of the company (De Cieri and Bardoel, 2015). On the other hand, the main benefit associated with mobility of capital is to bring capital to their companies with lowest interest rate. Here, the findings developed from literature review section revealed that main challenge associated with mobility of labour is the time and money invested in education and training of unskilled labour which ultimately hampers organisational performance and delays them in accomplishing their predetermined goals and objectives (Caligiuri and Bonache, 2016) . The best method to takeover this is revising recruitment policies of the company. Main challenge that could affect mobility of capital is building up trust at international. In order to tackle this, businesses are required to make use of rightful marketing strategy in order to boost up their brand image at international marketplace.

Also read- Entrepreneurial Ventures and Small Business Opportunities

Download Full Sample
Cite This Work To export references to this Sample, select the desired referencing style below:
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Instant Assignment Help. [Internet]. Instant Assignment Help.(2024), Retrieved from: https://www.instantassignmenthelp.com/free-samples/marketing/understanding-business-and-management-research-methods
Copy to Clipboard
Boost Grades & Leave Stress

Share Your Requirements Now for Customized Solutions.

Lowest Price

USD6.27

    FOR FIRST ORDER GET EXTRA 25% OFF

    Seasonal seasonal-mobile

    Our unique Features

    24/7 Customer Support

    100% Customer Satisfaction

    No Privacy Infringement

    Quick Services

    Subject Experts

    Innovative Documents

    100+ Qualified Writers

    For Best (Accounting) Assignment Help

    Kary Brooks
    3742 - Completed Orders
    Kary BrooksView Profile Hire Me
    Tristin Green
    1455 - Completed Orders
    Tristin GreenView Profile Hire Me
    Gillian Walker
    676 - Completed Orders
    Gillian WalkerView Profile Hire Me
    Adrian Brown
    1232 - Completed Orders
    Adrian BrownView Profile Hire Me
    View All Writers
     
    IAH whatsapp