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Evaluation of the influence of globalisation on organisational governance and structure

   

Added on  2023-06-12

20 Pages5257 Words59 Views
Global Business
Environment

Contents
Contents...........................................................................................................................................2
PART 2............................................................................................................................................3
TASK 3............................................................................................................................................3
P3: Evaluation of the influence of globalisation on organisational governance and
leadership, structure, culture and functions...........................................................................3
P4: Evaluation of the influences of ethical and sustainable globalisation on organisation
functions......................................................................................................................................7
M3: Critical evaluation of the influence of globalisation in relation to organisational culture
and structure.................................................................................................................................7
TASK 4............................................................................................................................................8
P5: Evaluation of decision-making ways that can work in an effective manner in global
context..........................................................................................................................................8
P6: Determination and articulation of various routes to internationalisation for organisations
with their key barriers..................................................................................................................9
M4: Critical evaluation of key barriers in doing business internationally and recommendations
for overcoming them..................................................................................................................10
D2: Critique strategies that an organisation can adopt while performing globalised activities
and justified recommendations on adapting organisational structure and decision-making
process.......................................................................................................................................10
CONCLUSION..............................................................................................................................10
REFRENCES.................................................................................................................................11

INTRODUCTION
Globalisation is a broader concept which can be described as increased integration of world
economies through movement of products, services and capital across the border. For better
understanding of globalised business practices, SASOL company is taken into consideration.
SASOL Ltd. Is a chemical and energy company based in South Africa. In other words, it can be
defined as movement of human capital and technological advancements through international
borders. Main purpose of globalisation is to develop world economy through integrating varied
forces together. Company was established in 1950 and has its headquarters in Sandton, South
Africa. This project highlights various key factors which drive globalisation as business
objective of company is to expand their activities on an international basis. This project also
depicts determination of strategic complexities which are associated to organisation while
operating a global environment.
PART 1
Notes:
Explanation of the concept of globalisation
Most of the people and companies are moving from their host country to global world and other
countries to explore themselves . Globalisation of business refers to the change and expand in a

business operation, functions and management. From a company operate their business activities
within one country to operates these activities in multiple countries.
Notes:
Cost: It refers to the cost of production, product, marketing, distribution, human resource
management in a company. The SASOL want to expand their business globally which leads to
increase their these cost also. Before expanding their business managers and accountant of
company must evaluate their cost and expenses of exploring their business in different countries.
The opportunity for global expansion, effective sourcing or manage cost and experience impacts
differentials in costs among regions as well as technology advantages drives the economics of
the company.
Market : It refers to the market condition, trends and customers trends, culture, values, demand,
needs, taste and preferences of customers in that country. In the context of SASOL, the manager
must be identified customer taste and preferences evolve, including the level to which consumer
needs meet around the globe, numbers of customers are available for their product, global
transmission of distribution evolve, online marketing platforms and main countries in which
most innovation and creation take place for the growth of the company.

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