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Global Business Environment - Analysis, Challenges and Recommendations

   

Added on  2023-06-18

14 Pages1364 Words319 Views
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GLOBAL BUSINESS
ENVIRONMENT
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TABLE OF CONTENT
Introduction
PESTLE analysis to illustrate broader & international influences on company SASOL
Analysis of key driving factor of globalization
Evaluation of significant impact of digital technology upon globalisation
Critical analysis of challenges & complexities globalisation brings to SASOL
Recommendations to overcome the challenges
Conclusion
References
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Introduction
The concept of globalization is being refereed as a
procedure of enhancing activities within global market
which interlink the company's operations & trade with
large focus on exchange of culture . In general context the
concept of globalization enhances the manufacturing of
products as well as services of business within
multinational market. This develops interdependence of
global economics, culture carried out by different nations
having cross-cultural boarders which deals in technology,
information, offerings, people and many others.
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PESTLE analysis to illustrate broader & international influences on
company SASOL
The framework of PESTLE is being defined as a tool for analysing the different external factors which
develops an influence upon the organization so to perform their business operations in effective manner as well as
properly with an aim of high growth of the organization. With respect to SASOL Ltd. the PESTLE analysis is
conducted below:
Political factor: The political factor plays an important role upon the business profitability of an organization.
This coves regulation upon tax, condition of political stability or instability, and several others.
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