Global Business Environment Assignment - SASOL Limited company

Added on - 21 Oct 2020

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GLOBAL BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1...........................................................................................................................................3TASK 2............................................................................................................................................31.Structure, culture and governance of organisation. Apply McKinsey's 7s model...............32.An evaluation of how the above has been influenced by global operations. ApplyingHofstede’s Dimensions of......................................................................................................53.An evaluation of ethical and sustainable factors that the organization has to consider in aglobal market..........................................................................................................................64.Assess how these factors have affected decision making in a global context.....................75.Assess which strategic expansion routes the organization took and analyze both advantagesand disadvantages...................................................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9.........................................................................................................................................................9
INTRODUCTIONGlobalisation is one of the most recent trends in business world. It can be describing as aprocess of communication and integration of individuals, companies and governing bodies allacross the world. SASOL Limited is an energy and chemical organisation which is based inAfrica. Some of the products that respective company deals in are synthetic fuels, chemicals andelectricity. SASOL is now operating in Canada, Mozambique, Gabon and Australia and lookingforward to expanding in other parts of the world. This report will discuss about various factorsthat have an impact on globalisation. Addition to this, this file will also study the influence ofdigital technology on globalisation. There are various external factors that have an impact on anorganisation such as politics, law, price, etc. which will be discussed in PESTLE analysis.Furthermore, structure, governance and culture of SASOL Ltd. will also be studied with the helpof McKinsey's 7s model.TASK 1Covered in PPT
Globalisation can be described as a mean through which world is connected together. There havebeen a certain growth in globalisation from past few years with the help of technology,transportation and communication as well. On the basis of these kind of concept, an organisationcan easily access their business approaches in different countries. Globalisation has provided aplatform to share ideas, trade and culture internationally. Addition to this, it has provided a wideplatform to for organisations to expand their business in international market. Hence, the keyconcept of globalisation is to increase the economic growth of countries addition to the culturaland social factors. Similarly, SASOL limited is globalising their operations through operating indifferent countries and market place with the help of various technological tools such as internet,transportation, etc.
With the recent changes in market and business trends, globalisation has been playing asignificant role in expansion and revenue earning of business of SASOL. Globalisation hashelped in exploring new market and increasing the number of customers for the company. Withthese international business operations, the economy of Africa has also benefit from thecompany. However, there are few factors which influence globalisation. These are discussedbelow:Advancement of Technology-It is one of the crucial element of globalisation. Technology hastaken globalisation to a whole new level. It has helped SASOL to successfully reach out newcustomers in different parts of the world through effective technology. Addition to this, with thehelp of tools such as internet, telephones and other modes, SASOL has been able to provideknowledge about their product range to targeted customers.High Competition- It is consisted as an important driver of globalisation. Due to variouscompetitors in the domestic market, companies like SASOL are tend to expand their businessinternationally. Furthermore, the respective company earns good profit by serving products andservices.
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