Globalization and SASOL Company: A PESTLE Analysis

UNIT 18 GBE PARTS 1

INTRODUCTION
• Globalisation can be defined as the different customs as well as the habits which is hared
among the local communities which has the different procedures and beliefs.
• This is basically the term which involves interconnectedness of the people and the
businesses in all around the world which eventually leads to the global political, cultural as
well as economic integration.
• SASOL Company is energy and chemical organisation which is located in Sandton, South
Africa. This company was formed in year 1950 and this company is considered as the largest
taxpayer in South Africa.

PESTLE ANALYSIS OF SASOL COMPANY
• Pestle analysis is the tool or technique which is used by the companies to track and analyse
the environment in which they are operating in or are planning to enter.
• Political Factors: These factors has the large impact on the long term profitability of
SASOL company as this company is engaged in integrated oil and Gas in many parts of the
world.
• Economic Factors: The country having the moderate inflation rate will allow the SASOL
company ton run their business effectively. This inflation rate allows the business to grow as
well as work positively for increasing the confidence of consumers.