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Global Business Environment Assignment :SASOL Limited

   

Added on  2021-01-01

8 Pages2377 Words237 Views
Global Business Environment 1

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1 ...........................................................................................................................................4P1 and P2 are covered in ppt........................................................................................................4TASK 2 ...........................................................................................................................................4P3. Influence of globalisation on organisational governance, leadership, structure, culture andfunctions.......................................................................................................................................4P4 Evaluate the influences of ethical and sustainable globalisation on organisational functions.......................................................................................................................................................5TASK 3............................................................................................................................................6P5 Evaluate the different ways decision making can work effectively in a global context.........6P6 Determine and articulate the various routes to internationalisation an organisation mayadopt, including key barriers........................................................................................................7CONCLUSION ...............................................................................................................................8REFERENCES................................................................................................................................82

INTRODUCTIONTo understandglobal business environment can help an organisation to take advantagefrom globalisation. Through it an organisation can grab market share. In this report chosenorganisation is SASOL Limited which is a fast growing energy and chemical company. The aimof it is to take advantage from globalization and take important decisions to achieve it. It coversvarious topics such as: key drive factors, complexity of strategic challenges, influence ofglobalisation on culture, structure, governance and functions. Apart from this it also discussabout influence of it on organisational decision making and strategy. TASK 1 P1 and P2 are covered in pptTASK 2 P3. Influence of globalisation on organisational governance, leadership, structure, culture andfunctionsOrganisational governance has consist of rules and regulations which are needed to beperformed by members as well as employer. It can be influenced by globalisation by thefollowing ways such are as follows:Globalisation can affect the organisational governance if SASOL Limited does not followthe policies and rules according to different countries (Globalisation. 2018). All nations have itsown laws related to organisation so it is necessary to maintain it as per the need. Influence of globalization on leadership:It can affect the leadership of an organisation because all companies have follow differentleaders and they have different style to lead the workers. For example, If SASOL Limited hasfollow participative leadership style. It means it involves employees in decision making precessand take suggestion from them. If organisation enter in new country and its management doesinvolve workers in decisions making than corporation will influence from it. As as result it doesnot get innovative ideas. Influence of globalisation on culture: Culture involves beliefs, values and principles which are needed to be maintained by allmembers of an organisation. For example, If SASOL Limited has decided that it does notcompromise with the quality of their products. But when it operates the business in other country3

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