Assignment on Global Business Environment: Sasol Limited

Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Analyse key factors of market, cost, environment and competition which drive the global
commerce and trade.....................................................................................................................1
TASK 2............................................................................................................................................3
P2 Complexity of strategic challenges faced by the organization when they operate in global
environment.................................................................................................................................3
TASK 3............................................................................................................................................5
P3 Influence of globalization on organizational governance & leadership.................................5
P4 Influence of ethical and sustainable globalization on business functions..............................7
TASK 4............................................................................................................................................8
P5 Evaluate the different ways of decision making which work effectively in the global
context..........................................................................................................................................8
P6 Different way to internationalized their organization along with some barriers....................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Global business environment refer to the various factors which affect the organization in
terms of their operational activity and decision making process. Business face the huge
challenges which influence manager decisions and their productivity as well as profit margin.
Global factors affect in term of legal, political, social, technical etc. So it is important for the
manager to analyse all the factors and then develop business strategy (Bititci, Cocca and Ates,
2016). For the better understanding of this concept, this report choose the Sasol Limited which is
integrated chemical & energy company based on South Africa. This company founded in 1950 in
Sasolburge by Bongani Nqwababa and Stephen Cornell. This report include the various topics
such as key factors which drive the globalization and explain the strategic challenges which
faced by the organization. Along with this, it includes the organizational structure, culture and
functions which influence the global market. In addition, influence of globalization on
organizational decision making process is discussed under this report.
TASK 1
P1 Analyse key factors of market, cost, environment and competition which drive the global
commerce and trade
Globalization: It is the process to connect the world with individuals, organization,
society, economy etc. In the process of globalization, countries connect with each other through
selling products & services across the nation. Here, all the interconnected or inter depended to
transfer goods, services in order to expand their business and increase their reach to the customer
across the boarder. By using globalization for the expansion of their business affect the
organization and this process also has some advantage and disadvantage. For example:
globalization provide the social development where they freely communicate regarding business
activity. It will increase the employment opportunity, free trade, flow of information is very fast
etc. In addition, it has some disadvantage such as degradation of environment, unfair working
condition, some times fails in environmental growth rate etc.
In the Sasol limited, expand their business includes the product such as crude oil, natural
gases, pharmaceuticals and other electronic items. With the help of globalization, manager build
various effective strategy in order to promote their products in the global market. Globalization
help the various corporations who get the huge advantage due to globalisation where they expand
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