Global Business Environment

Global Business
Environment

Table of Content
 Introduction
 Concept of globalization
 Driving factors of globalization
 Impact of digital technology upon globalization
 PEST analysis of SASOL organization
 Challenges of globalization and strategic challenges
 Recommendations on how to overcome these challenges
 Conclusion
 References

INTRODUCTION
Environment refers to overarching an environment under which
firm operate its business. It consists wide range of factors which
can impact on business involving politics, culture, location,
economic status of global environment etc. Global business
environment refers to environment in various sovereign
countries with exogenous factors to home environment of firm,
influencing the decision making on capabilities and resource
use.

Concept of globalization
Globalization refers to process of
integration and interaction among
organizations, people and
governments. It is a procedure
through which regional and
national economies, cultures and
also societies have integrated by
global network of the
transportation, communication
etc.