Global Business Environment - Desklib

Global Business
Environment

Table of Content

Introduction
 The Global Business environment means the
surrounded area in which international organisations
operates business functions in a precise manner.
 It is tough for companies in international market to
operate as it includes many factors like the risk of
politics, different culture , legal and taxation issues,
risk of exchange and so on.

Globalisation
 The globalisation is a major term which includes the
revolution that created a huge impact on world by
allowing trade of goods and services across the
countries.
 Globalisation is considered as major turning point in
history of world which allowed many international
companies conduct export and import practises.

PESTLE analysis
 PESTLE Analysis is mainly used by SASOL
Company to analyse or identify all the external
factors that affect the macro environment of
company.

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 Political Factors: There are many types of Political factors that
must be analysed for the SASOL Company in order to lead the
global market.
 Economical Factors: World economic conditions like trade tariffs,
Octroi can also affect the business environment of SASOL
Company as it can increase cost of products.
 Social factors: Culture and traditions of society has main impact on
SASOL company and they determine internal environment of the
company.