Unit 18 global business environment assignment

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UNIT 18Global BusinessEnvironment
INTRODUCTION...........................................................................................................................1Project 1...........................................................................................................................................1Introduction to the concept of globalization................................................................................1Driving factors of globalisation...................................................................................................2Significant impact of digital technology upon globalization.......................................................2PEST/LE analysis of the organization.........................................................................................3Challenges of globalisation and the strategic challenges............................................................4Recommendations on how to overcome these challenges...........................................................5Project 2...........................................................................................................................................6Structure, culture and governance of the organization by Applying...........................................6McKinsey’s 7S model..................................................................................................................6Evaluation of ethical and sustainable factors...............................................................................7Factors have affected decision making in a global context.........................................................8Strategic expansion routes the organization took and analyze both advantages anddisadvantages...............................................................................................................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness environment is a combination of all form of internal and external factors that leadtowards influencing a business organisation functioning. Factors that are covered in this includehealth and safety regulation which is an external force that influence business operations internalenvironment. In context with Global Business Environment, it has been termed as a place withinwhich more than two business organisations perform their operations with mutual profit andengage in exchanging of products and services with each other (Alqahtani and Saba, 2013). Theexternal business environment is based on technological factor, economical factor, political andlegal factor social, competitive and demographics factor. Thus, it becomes necessary for allbusiness organisation to effectively understand these factors those who are persist in internal andexternal segment range as to effectively perform their business functions with a growthprospective. Present report has been conducted on SASOL Limited which is an integrated energyand chemical organisation. Company was founded in the year 1950 and engage in the process ofdeveloping commercial iris Technologies, different liquid fuels, synthetic fuel Technologies andchemical and electric producers. In this report formative discussions have been made on the keyessential factor that lead towards impacting globalisation along with other form of strategiccomplexities that may affect organisational functions at global level. In addition, with this reportexplain the manner in which operational activity of global market may effect organisationstructure and culture. Lastly influence of globalisation on the process of decision making of anorganisation are also covered in this report.Project 1Introduction to the concept of globalizationGlobalisation is a process in which interrelation and interactions of social, political andeconomic factors are done across the culture boundaries. In simple term globalisation can beunderstand as a spread of information, products, Technology and Labour across the culture andnational boundaries. While in economic expect this process is defined as an interdependence ofnation in all over the world in order to Foster free trade. Globalisation effectively outstand livingstandard of individual by providing them organisation improved access to products, services andjob opportunity. While in terms of downside it can be said that globalisation lead towards1
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