This report explores the concept of global business environment and its influence on decision making and strategy formulation. It includes a case study of SASOL limited company, an energy and chemical company of South Africa, and analyzes key factors driving globalization, strategic complexities, and the influence of global market on the structure, culture, and functions of the organization. It also evaluates ethical and sustainable factors in the global market and applies Hofstede's cultural dimensions to understand the impact on the organization. The report concludes with an examination of decision making and strategic expansion routes, along with their advantages and disadvantages.
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