Drivers and challenges for globalization in Global Business Environment

Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
TASK 1...................................................................................................................................1
P1 Analyse Key Factors of cost, market, environment and competition that drive global
commerce and trade......................................................................................................1
TASK 2...................................................................................................................................4
P2 Explain the complexity of strategic challenges faced by organisations when operating in
a global environment supported by specific examples.................................................4
CONCLUSION................................................................................................................................5
References:.......................................................................................................................................7

INTRODUCTION
Globalisation refers to the procedure of increasing the business operations in international
market with the expectation of creating interrelationship with all the business activities. In
general terms it can be said that globalisation work as the key development in the process of
production of goods and services at global level. Expansion of business organisation in
international market result in the growth of global, technology, information, trade, culture,
economy and many more. Sasol Limited is an integrated energy & chemical company, these is
based in Sandton, South Africa. The company is formed in 1950s. The company is operating
their business in oil and gas chemical company. This report is divided in two parts in which first
part covers the PESTLE analysis along with the international business driving forces, strategic
challenges & impact of digital technology upon business (Ado, A. and Wanjiru, R., 2018).
Whereas second part of this report deal with the influence of leadership governments culture &
functions along with the combination of ethical and sustainable globalisation on Deliveroo,
application of McKinsey and Handy;s model of culture along with the description of different
modes of entry which an organisation can adopt while starting their business operations on
international level.
PART 1
TASK 1
P1 Analyse Key Factors of cost, market, environment and competition that drive global
commerce and trade.
Concept of globalisation
Globalisation is the concept that describe the growing interdependence of the world's
cultures, economies and populations by cross-border trade in the products and services, flow of
investment, people, information and the technology. It is the trade which focuses on term more
narrowly to refer to international trad & there are some of the investment flows. In the ancient
times, individual have sought distant place in order to settle, product and exchange goods
enabled by improvements in its technology and the transportation. Global business environment
is defined as the environment is various sovereign countries and certain factors to home
environment of the business, basically influence the decision-making on the resources and the
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