Global Business Environment: PESTLE Analysis, Driving Factors, Challenges, and Recommendations for Sasol Limited

Global Business
Environment

Table of Contents
1.An introduction to the concept of globalization.
2.An appropriate PESTLE analysis to illustrate the broader and global influences on an
organisation such as SASOL.
3.An analysis of the key driving factors of globalisation.
4.Evaluation of the significant impact of digital technology upon globalisation.
5. Challenges and complexities globalization brings to an organisation.
6.Recommendations on how such challenges can be overcome.
7.Conclusion
8.References
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Introduction
Globalization refers to import and export of products and services across the domestic border of
country. Sasol limited is a global firm dealing in Chemical and energy company was founded in
1950 and its headquarters are situated in South Africa. Sasol is a globalized firm as company is
operating in more than 33 countries effectively. Company contributing in decreasing employment by
creating huge working opportunities for people and also investing in health care sector for its
employees and also donating for social welfare.

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Pestle Analysis of Sasol limited
Political factors- Sasol have to follow political factors to
survive globally in different countries as if a country have
high tax rates than Sasol have to pay taxes as per the norms of
that country and also have to change in its business policies if
operating country does not allow it.
Economic Factors–Economic factors that can effect Sasol
ltd. economically such as foreign exchange rate it means
value of domestic currency in comparison to foreign currency.
Sasol should collect a complete information of foreign
exchange rate before expanding its business to global level.