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Drivers and Challenges of Globalization. Impact and Strategic Direction

   

Added on  2023-06-09

10 Pages2558 Words407 Views
Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 2............................................................................................................................................3
Describe the governance, culture and structure for the company by the application of
McKinsey's 7S model.............................................................................................................3
The way these elements effect global functioning and the way company adopt in working
globally...................................................................................................................................4
Hofstede’s Dimensions of Culture for evaluating the influencing culture.............................5
Sustainable and ethical factors valued by the company globally...........................................6
Strategic decision making with the reference to risk and diversification globally.................7
Describe the range of strategic global expansion routes used by the company.....................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Global business environment comprises of the ways in which an organisations trade
globally. It is explained in the form of cultural, economic, legal and political variations among all
countries. This reflects to the influencing of the utilization of resources and their capabilities for
functioning in the home environment of their company (Clark, Pidduck and Tietz, 2022). This
report on Sasol gives a description on McKinsey's 7S model, the way it is influenced by global
operations, the way organisation adapt with global functioning, Hofstede's dimensions of culture,
ethical as well as sustainable factors for global market, strategic decision-making with risk and
diversification globally and analysis of range of the strategic global expansion routes for
company.

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