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Drivers and challenges for globalization

   

Added on  2022-11-25

11 Pages830 Words330 Views
Drivers and challenges for
globalization Part 1 Impact and
Strategic Direction Part 2

Table of content
INTRODUCTION
PESTEL Analysis
Key driving factors of globalisation
Significance of digital technology in globalisation
Challenged and complexities globalisation bring
Recommendations
REFERENCES

INTRODUCTION
Globalisation is defined as expanding the business operations at
different international locations.
This report is based on the case study of the Sasol Company in
context to globalisation.
PESTEL Analysis will project under this presentation.
Key driving factors will also analysis under this project.
Evaluation about the significant impact digital technology has created
over the business functions will also demonstrate under this project.

PESTEL ANALYSIS
Political factor
Political factor comprises with the political situation of the country.
United Kingdom hold a very stable political situation that allow and favour the government to
sustain.
The sustainable and stable government favour the corporate sector to formulate long term
policies that can favour and empower the business ventures to meet business objectives.
Economic factor
Economic factor is among the crucial business environment factor that strategically allow the
company to form the best level of business growth and development strategy.
This PESTLE Analysis factor comprises with the per capita income of the people in country
and all other elements that can support and bring the best possible results in favour to the
business organisation.
Social factor
The social factor comprises with the main element part of the PESTEL Analysis.
Sasol Company develops all its products based on the needs and requirements of the people of
country.

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