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Global Business Environment: Analysis of SASOL Company's Strategies and Culture

   

Added on  2023-06-12

10 Pages3267 Words186 Views
Unit 18 Global Business
Environment

TABLE OF CONTENTS
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
l McKinsey’s 7S model to the organization.................................................................................4
Evaluation of McKinsey's 7S Model for SASOL company to operate globally.........................5
Analysation of ethical and sustainable factors that the SASOL has to consider to operate
globally........................................................................................................................................6
Hofstede’s Dimensions of Culture .............................................................................................6
Critical evaluation of strategic decision-making in relation to risk and diversification in a
global context...............................................................................................................................7
Analysation and critical evaluation of strategic global evaluation routes available to the
SASOL company.........................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Globalisation is a broad term which integrates many activities where different business
organizations works on international level to support the exchange and import of goods and
services to the consumers. This term defines the exchange and flow of ideas across different
countries along with the flow of capital and services (Milkovic, Dvorski and Boljuncic, 2018).
Economy integration is one of the main perspective which the globalisation supports. Various
economic, environmental and political factors have direct influence on the globalisation of goods
and services. There are various purpose of globalization through which it highlights and supports
and local or new business in the market. From helping the organisations to become more
competitive by exchange of ideas and focussing on the new trends in global business world
globalisation has proved to be very beneficial for the underdeveloped nations by giving them a
platform for international trade (Lyulyov and et.al., 2021). The new and small business have got
a new way to showcase their products and services to different countries hence increasing the
product sale in the market and set new goals to further expand the business. The integration of a
large number of company's and government through globalisation provides a competitive
position to the organisations which helps to keep the low cost of the inputs and raw materials.
This report will illustrate the importance of globalisation in strategic organisation of SASOL
company and how it has influenced the decision making with the help of Hofstede's Dimensions
of culture. It will further highlight the structure and culture of the organisation with McKinsey’s
7S model to determine the governance within the SASOL organisation.
MAIN BODY

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