Global Business Environment

Global Business Environment

Introduction
Concept of Globalisation
Driving Factors Of Globalisation
Impact Of Technology On Globalisation
PEST Analysis
Challenges Of Globalisation
Conclusion
References
Cover content

Introduction
This presentation is based on global business environment which covers some
major factors of globalization. For this purpose, SASOL Limited is taken, which
deals in energy and chemical industry at UK. It elaborates PESTLE analysis,
challenges and wind up with recommendations.

Explanation on the driving factors of
globalisation
Driving factors of globalisation are those elements that lead to the integration of
economies and facilitate easier flow of goods and services across international
borders.
 Political Drivers: Liberalisation of trade laws and deregulated markets have
resulted in reducing tariffs and encouraging foreign direct investment across
different parts of world. This has helped SASOL Limited to carry out its operations
freely in any part of the global world.