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Global Business Environment Assignment Sample - SASOL Limited

   

Added on  2020-12-23

8 Pages2399 Words32 Views
Leadership ManagementProfessional DevelopmentEconomicsPolitical Science
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Global Business Environment
Global Business Environment Assignment Sample - SASOL Limited_1

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Covered on PPT..........................................................................................................................1
TASK 2............................................................................................................................................1
1. Explanation of the structure, culture and governance of the organisation through applying
McKinsey’s 7S model.................................................................................................................1
2. Application of Hofstede’s Dimensions of Culture to demonstrate how the organisation has
been influenced...........................................................................................................................2
3. Evaluation of ethical and sustainable factors to be considered in a global market.................3
4. Factors affecting decision making in a global context............................................................4
5. Strategic expansion routes the organisation took and analyse both advantages and
disadvantages..............................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Global Business Environment Assignment Sample - SASOL Limited_2

INTRODUCTION
Global business environment refers to that environment where two or more business
entities interact and collaborate to pool the resources and capabilities of human resources
together to attain profit (Global Business Environment, 2018). The present assignment is based
upon SASOL Limited which offers products and services related to energy and chemical (Kardes
and et. al., 2013). This report describes those elements that have an impact over the concept of
globalisation. Along with that, it covers the economic or strategic complications which affect the
operations of an organisation across international borders. It further explains as to how
operational activity of business entities at global level global market affects the structure and
culture of company. At last, it covers the influence of globalisation on various decisions made by
top management of global organisations.
TASK 1
Covered on PPT
TASK 2
1. Explanation of the structure, culture and governance of the organisation through applying
McKinsey’s 7S model
McKinsey 7S model is a tool that provides an insight into the design of an organisation
by understanding 7 internal key elements of an entity by categorising them into hard and soft
elements. Hard elements include strategy, structure and system while soft elements include
shared values, style, staff and skills (Axelrod and VanDeveer, 2014). This helps the management
in identifying if these elements are effectively aligned and allow the accomplishment of
organisational goals. SASOL Limited has adopted McKinsey’s model to develop an
understanding about their structure, culture and governance. The model inclusive of these
elements is explained below:-
Hard element: These elements are determined by the management to develop an
understanding of the strategy, structure and system of entity. With respect to SASOL Limited,
hard elements are described as below:
Strategy (Governance): The management of SASOL Limited are carrying out various
strategies to formulate the expansion of the operations of business across various parts of
the world so that it can gain an edge over its competitors.
1
Global Business Environment Assignment Sample - SASOL Limited_3

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