Global Business Environment- Assignment

   

Added on  2020-12-10

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Global BusinessEnvironment
Global Business Environment- Assignment_1
INTRODUCTION...........................................................................................................................1PROJECT 1.....................................................................................................................................11. An introduction to the concept of globalisation......................................................................12. An explanation on the driving factors of globalisation...........................................................13. The significant impact of digital technology upon globalisation............................................24. Complete and present a PESTEL analysis of the organisation................................................35. Explain the challenges of globalisation and the strategic challenges this represents for theorganisation..................................................................................................................................46. Provide recommendations on how to overcome these challenges...........................................5PROJECT 2.....................................................................................................................................61. McKinsey’s 7S model..............................................................................................................62. Hofstede’s Dimensions of Culture to demonstrate how the organization has been influenced.....................................................................................................................................................93. Ethical and sustainable factors that the organization has to consider in a global market......104. Factors have affected decision making in a global context..................................................10CONCLUSION..............................................................................................................................12REFRENCES.................................................................................................................................12
Global Business Environment- Assignment_2
Global Business Environment- Assignment_3
INTRODUCTIONGlobal business environment can be defined as the environment in various sovereignnations, with factors endogenous to the home environment of the company as well as influencingdecision making on resource usage and ability. It is divided into two parts i.e., external andinternal environmental factors. This report is based on SASOL Limited which is an fast growingchemical and energy organisation based in South Africa. Respective company expended theirbusiness into Canada, Gabon & Australia, Mozambique and soon into to other nations also.Below mention report is going to explain concept of globalisation and key factors which drive itas well as strategic complexities related to operation in a global environment. Apart from this,operation in global market influences an organisation culture, structure and functions will beidentified by McKinsey's 7 Model. It also highlight influence of globalisation on decisionmaking and strategy process. PROJECT 11. An introduction to the concept of globalisation.The term globalisation came into popular usage in 1980's which describe increase inpeople knowledge and ideas, goods and money across national borders which leads to increase inworld population, economics, politics, social and culture. It refers to process through whichinteraction is done among people, companies and governments worldwide. Advancement intransportation and communication technology resulted growth in globalisation. It is an economicprocess of interaction and integration which associated and combine with social and culturalaspects. In history of globalization and modern globalization there is a large part of conflict anddiplomacy. Globalisation involves good and services, economic resource of capital, technologyand data. Removal of cross border trade barriers made globalisation of market more flexible. 2. An explanation on the driving factors of globalisation.There are numerous of driving factors which affect globalization , some of them throughwhich SASOL Limited get affected are describe below:-Technological Factors:- Technology shaped and set foundation for SASOL Ltd. Toexpand globally. Technological advancement of respective company able to enhance their1
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