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Drivers and Challenges for Globalization Part 1: Impact and Strategic Direction Part 2

   

Added on  2022-11-25

9 Pages2456 Words490 Views
DRIVERS AND
CHALLENGES FOR
GLOBALIZATION PART 1
IMPACT AND
STRATEGIC DIRECTION
PART 2
Table of Contents

Part 1.....................................................................................................................................................3
Part 2.....................................................................................................................................................6
Introduction and purpose...................................................................................................................6
McKinsey 7 S model.........................................................................................................................7
Company adopted operations in global market..................................................................................8
Hofstede dimensions of culture.........................................................................................................8
Evaluation of ethical and sustainable factors.....................................................................................8
Strategic decision making..................................................................................................................9
Global expansion route......................................................................................................................9
CONCLUSION.....................................................................................................................................9
REFERENCES......................................................................................................................................9
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.
Part 1
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. Also the
political stability derives the company to develop the long term policies and strategies to
approach the business growth in the best way possible. The management at the Sasol
Company get to support the business objectives with long term policy making of the business
enterprises. The political situation in United Kingdom is very stable and progressive in nature
that favours and empowers the business unit to develop the strong policies that can sustain for
longer time period. In context to the business circumstances this is an important part of area
that can favour the business organisation with support of best level of policy making and
strategic direction that can empower the best form of strategic growth and development
possibilities of the business organisation.
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. The per capita income of the people based in United Kingdom is very strong
that favours and empowers the people to generate the best possible growth oriented
opportunities to support the best level of economic growth in business. The inflation in the
economy is also supported with the monetary policy formulated by the government that
derive the best possible results in favour to the business organisation. This can indicate that

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