Drivers and Challenges for Globalization (Part 1)

DRIVERS AND CHALLENGES
FOR GLOBALIZATION
( PA RT 1 )

CONTENT
•INTRODUCTION
•PESTLE Analysis to Illustrate Global influences on Sasol
•Driving Forces of Globalization
•Evaluation of the significant impact of digital technology upon globalization
•Critical evaluation of the challenges and complexities globalization brings to Sasol
•How Challenges can be Overcome
•CONCLUSION
•REFERENCES

INTRODUCTION
• Globalization creates a connection between companies, people and government across the
World which leads to global political, economical and cultural integration.
• It is the process through which one can easily communicate with others across the World to
conduct business activities internationally. The processes of globalization are affected by
economics, natural environment, work organization, socio cultural resources and businesses.
• Globalization is a medium through which Organization can expand their business and trade
across the border Country. The importance of globalization is that it helps in expanding market
and allows Companies to make sensible utilization of resources.