Global Business Environment: PESTLE Analysis, Driving Factors, and Impact of Digital Technology on SASOL

This presentation explores the impact of globalization on SASOL through PESTLE analysis, driving factors, and the impact of digital technology. It also discusses the challenges and complexities of globalization and provides recommendations for SASOL. The subject is Global Business Environment, and the course code and college/university are not mentioned.

Global Business
Environment

Table of content
 INTRODUCTION
 PESTLE analysis
 key driving factors of globalisation.
 Significant impact of digital technology upon globalisation
 Challenges and complexities globalisation brings to an organisation such as SASOL.
 RECOMMENDATIONS
 CONCLUSION

INTRODUCTION
 Globalization is generally the procedure by which the entire
nation is becoming progressively inter-associated as an outcome
of massively enhanced trade and the exchange of cultures as well.
 In this, the globalization has enhanced the production of goods
and services as well.

PESTLE analysis
 A PESTLE analysis of SASOL is generally a strategic tool that is
used to analyse the macro environment of an organization.
 In this, PESTLE stands for Political, Economic, Social,
Technological, Environment as well as the legal elements which
can influence the macro environment of the SASOL
organization.

Political factors
 In this, the political elements can play an essential role in identifying
the components which can make influence over the organization such
as SASOL on a long-term profitability in various market or country as
well.
 SASOL Ltd is an operating in a major integrated oil and gas in more
than dozen countries as well as expose itself to various types of the
political environment and the system risks as well.

 Political stability as well as necessity of major fast growing and chemicals in the economy of the country.
 Corruption level, specifically the regulation levels in the basic materials sector.
 The legal framework for contract implement.
 The tariffs and regulation of trades are linked to basic materials.
 An anti-trust legislations linked with major fast growing and chemicals.
 Mandatory benefits of the workers.
 The safety regulations within industry in the basic material settings.
 The labelling of products and other needs in major fast growing and chemicals.

Economic factors
In this, the macro environment components like saving rate,
inflation rate, foreign exchange rates, as well as the economic cycle
can identify the collective demand and collective investment in an
economy.
In this, while a micro environment elements like the competition
norms can influence the competitive benefits of the organization.

Social factors
 In this, the social cultures as well as the pathway of doing the
things can significantly make influence over organization's
culture within an environment.

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 Levels of skills and demography of the public.
 Hierarchy, class structure as well as the power structure within society.
 The standard and levels of education within the SASOL Ltd industry.
 Culture such as social conventions and gender roles and many more

Technological factors:
 In this, the technology is generally a speedy interrupting multiple
organizations within the board.
 Though, the transportation industry can be a positive case in order
to define the technological factors.
 It is known that from earlier five years, the industry has been
transforming really fast, not even providing the opportunities to
the grounded workers to cope with the alterations.

 Having technological influence over offerings of products.
 Influence over the value chain structure in the basic materials settings.
 Current technological improvements by competitors of SASOL Ltd.
 Influence over cost structure in major fast growing and chemicals.
 Rate of technological diffusions.

Environmental factors:
 In this, the different markets have various norms or environmental
standards that can influence the profitability of an industry within
those markets.
 Across the countries, the states frequently includes various
environmental legislations as well as the liability legislations.

 alteration in climate.
 Legislations governing environmental pollution.
 Management of waste in basic materials settings.
 Weather.
 The regulation of water and air in major fast growing and chemicals.
 Attitude to green or an ecological products as well.
 Recycling.

Legal factors:
 In this, the legal structure as well as the organization are
generally not robust enough to safeguard the intellectual
property rights of the industry.

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 Discrimination legislation.
 Law of employment.
 Protection of data.
 Consumer safeguarding and e-commerce.
 Anti-trust legislations in major fast growing and chemicals and across the country.

key driving factors of globalisation.
 Digital revolution: In this, the organization have been taking the benefits of internet as the good
manufactured at a place within world which can be shipped to another part of the world that is
done via digitalisation.
 Financial Liberalization: In this, due to having removal of some of the restrictions and
regulations across nation by the authorities which led to rise in an inter-association of the
different nations via the businesses.

Significant impact of digital technology
upon globalisation
 The businesses are adopting the technology so unexpectedly on this global planet of globalisation, the
working of corporations had been extra complicated earlier than the current data era become
spreading globally.
 In this, globalization has continually been enhancing approaches for businesses adopting era.
 In addition to this, globalization benefits the manner organisation is moving information and the
elevated opposition amongst various countries.
 The advanced digitalisation decreases fees of transportation and verbal exchange in many nations and
consequently the businesses get centres of world sourcing for his or her inputs and deliver of goods.

Challenges and complexities globalisation
brings to an organisation such as SASOL.
 The globalisation can generally presents various challenges for the multinational
organizations within the term of capital investments as well as the leadership.
 Within this, setting up a firm within the new country, more specifically an evolving
country, can generally needs a substantial upfront capital.

 Global recruiting: There is a want to recruit human beings whilst the organization has to extend its
operations or in diversification.
 Culture: The personnel have several cultures, ideas, languages, religions that can specifically
influences their way of functioning in addition to an average organisational culture.
 Workers migration: The employer must face such demanding situations which can strain them out as
it's far maximum avoidable characteristics for the leaders in addition to the employees.
 Incurring tariffs and export fees: As the agency is adopting globalisation in its operations it has to just
accept a number of the costs.

RECOMMENDATIONS
 There is a suggestion to SASOL to paintings in an innovation, studies as well as
improvement and the productiveness so that it will achieve higher profitability with inside
the organization.
 By such measures, they also can undertake the effective approaches in order to deal with
varied cultures of the employees.

CONCLUSION
 From the above presentation, it has been concluded that there are several way of
means of the studies upon international enterprise surroundings which has been
analysed on SASOL agency which is primarily based totally in South Africa.

REFERENCES
 Singh, J., 2018. Nanomaterial Design Via ALD: New
Methods and Applications in Catalysis. Stanford
University.
 Snider, J.L., 2018. Engineering Bimetallic Catalysts
for the Selective Hydrogenation of Carbon Monoxide
and Carbon Dioxide to Alcohol Products. Stanford
University.

CONT.
 McCabe, R., 2018. Evaluation of Indanedione Application Methods for Fingermark Detection on Paper:
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University (Australia)).
 Legg, J., 2020. Translating Shimcheong: Between Form and Act. The University of Wisconsin-Madison.
 Wrasman, C.J., 2020. Design and Understanding of Selective Catalysts Using Colloidal Nanoparticle
Synthesis. Stanford University.
 Huang, C., 2018. Seed-free short time synthesis of zincosilicate zeolite VPI-8 and its catalysis of methane
dehydroaromatization reaction (Doctoral dissertation).

Thank you