Global Business Environment: Decision Making and Internationalization

This report delves into the global business environment, focusing on the factors that shape international trade and the challenges of operating globally. It analyzes the impact of globalization on organizational governance, leadership, structure, and culture, using SASOL LIMITED as a case study. The report evaluates ethical and sustainable globalization's influence on organizational functions, applying models like McKinsey 7S and Hofstede's cultural dimensions. It also explores effective decision-making processes in a global context and various internationalization strategies, including key barriers. The report provides insights into human resource and finance functions within a globalized context, emphasizing the importance of ethical practices and strategic planning for success in international markets.

Global Business
Environment

Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
PART 2............................................................................................................................................3
P3 Evaluate the influences of globalisation on organisational governance and leadership,
structure, culture and functions....................................................................................................3
P4 Evaluate the influences of ethical and sustainable globalisation on organisational functions.
.....................................................................................................................................................5
P5 Evaluate the different ways decision making can work effectively in a global context........8
P6 Determine and articulate the various routes to internationalisation an organisation may
adopt, including key barriers.......................................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Global business environment is termed as the social and mission situation of the
management that are attracted by worldwide services. In context to this, it is stated that, various
external factors that covers the business and its impact on its functions and choices. The world-
wide services involves the financial force, technical force, world-wide competition, marketplace,
administrative and authorised services and many more. As there are various factors that have an
impact on the management to commercialise such actions and functions like the multinational
term of good will, profit making chances, business development and many more. The
management consider in this report it SASOL LIMITED (BANERJEE, and MAJUMDAR,
2021). As it is termed as the fast developing form of the energy and the form of the chemical that
works in South Africa. The management is considering advancing to improve their managerial
functions and processes into other nations for maximising development and positive manner.
This report will divides into two parts. In the first part, there are conversation as related to the
factors that will determine the manner of the global sections and the trade like challenges, price
and marketplace and many more. In context to this, the deliberated difficulties connected with
execution of functions in the global environment that are enlarged. On the other side, second part
will involves an impact of globalization on management, culture and structure of the business.
Furthermore, the influence of maintainable and ethical globalization on managerial operations
that will be deliberated. Moreover, the several manners of decision making in relation to
globalization and the several courses of internationalization that are enlarged in such report
correctly as effectively.

PART 1

PART 2
P3 Evaluate the influences of globalisation on organisational governance and leadership,
structure, culture and functions.
Globalisation offers various sort of potential sections with the aim of growth that might
have an impact on the total culture section of the management, the basic aim of several
management should be diverse (Naqvi, Guoyan, and Naqvi, 2021). As there are various sort of

the features that are linked with the structure, culture, leadership and supremacy that are depends
upon purpose of the management. Such structure is helping the management in identifying of
communication, mark of specialist and accuracy of the distribution of arrangement of
management. It involves opinions, values and conventions by several managerial associates that
are the portion of the culture. Organisational governance involves several exercises, laws and
strategies that are variable the management. The mainstream term of the management that are
having the hierarchal arrangement. The arrangement involves the consumer demand, business of
management and other factors. As determining the structure with diverse conservational
deliberations that might to be taken into consideration. By the manner of the structure of the
management that has to be combined (Beyer, and Arnold, 2021). Hence, such manner of the
support of the consumer demands and total management.
M3 Critically evaluate influences of globalisation in application to appropriate theories and
models relating to organisational structure and culture.
As in situation of SASOL LIMITED the business of management is eager to increase as global
market situation. By such drive there is the manner of the needs to adapt the way of the structure
that satisfy the needs and wants of the consumers as effectively. In SASOL LIMITED there are
requirement to interpretative their concentration on communication of area or national section,
organisation of SASOL LIMITED that have to adapt the way of structure as per global situation
and then respond to marketplace situation as effectively.
Influence of ethical and sustainable globalisation
When the management follows the specialised integrities, then it might be perform their
manner of managerial functions and actions in an efficient manner. By such ethical principles
that are not get surveyed appropriately, these might have undesirable impact on managerial
functions and actions of the business and on the candidates also. Such ethics involves equivalent
remuneration to candidates, equal management of candidates, and ethical work with no delicacy
includes.

P4 Evaluate the influences of ethical and sustainable globalisation on organisational functions.
SASOL LIMITED is the fasted developing brand in South Africa. It has been developed the
manner of the plan of action for the involving the global manner of the job and promoting
activities of the McKinsey 7S model that has been to be measured to examine the effect of the
key term of the globalisation of the SASOL LIMITED supremacy, leadership, structure,
operations and culture (Zhao, and et.al., 2021). McKinsey 7S model of SASOL LIMITED
managerial structure that are as follows –
 System - SASOL LIMITED is the management that are consuming well definite
procedure that might help in positively managing all the differences and arguments that
might raise with no period of the time.

 Structure - It is termed to be development of flexibility that are linked with several
business sections and mechanisms. SASOL LIMITED that are prepared to develop a
structure that are encouraging the total management aim and purpose.
 Skills - SASOL LIMITED that are having the staff that are need for the abilities and
services (Pascal, 2021). SASOL LIMITED management might be employing correct
individual for an accurate works for the attainment of particular targets as effectively.
 Shared values - Leading and customary sections that are documented in an organisation
as according to the anticipated sections that might help in the procedure of the business of
management.
 Style – Manager’s sections that are considered as the manner by which it will lead the
group. It will stipulates the various leadership manner that might have an impact on the
confidence, presentation and worker performance. Participative and helpful management
manner have to be utilised by managers as effectively.
 Staff - It is one of an important operations that initiatives the management with high
opinion to abilities and services. Individuals who have to be arranged that are based on
value and identifications. SASOL LIMITED is captivating desire in having the capable
staff.
 Strategy - Strategies is the design that helps the management for growth of the viable
benefits in respect to uphold their attendance at market place. In SASOL LIMITED, there
are obligation to expressive plan of actions in relations of operational arrangement and
CSR supremacy preparations.
Hofstede's Cultural Dimensions -
Theory who have an advanced structure that might be utilised for the role of measuring
diverse national differences and identifying the manner business that have to be presented as
according varied values. Several Hofstede's cultural proportions of the SASOL LIMITED that
are as follows –
 Power distance - It is an index that are observed as the manner that there are recognise in
the culture in order to unsatisfactory delivery of power (Elitcha, 2021). In SASOL
LIMITED the individuals and leaders that are measured as an equivalent and managers
that are prepared to improve their associations as according to the functioning situation.

 Uncertainty avoidance – It is connected to the manner that an individuals are preserved
when they are dealing with the effective section of the conditions SASOL LIMITED, that
are having the more course that are concerned and formal arrangement, individuals will
possess the need of the decision making as effectively.
 Individualism vs. Collectivism - In SASOL LIMITED the work is presenting overall
structures that are largely considerate nature and instant household while neglecting the
culture apprehension and creation the culture as more individualistic (Rees, and Smith,
2021). As there are achievement, individual answerability and equality that are the
trademark of such civilisation.
 Masculinity - It is the measurement that are stared as the masculine potentials such as
acquisitiveness, fierceness and deficiency of care. Femininity is connected with total
superiority of lifetime and comprehensive manner for work in the management. Long term vs. short term orientation - It is the manner of the quantity of period that are
chosen for organisation planned choices. SASOL LIMITED there will concentrates on
the short term period of the success by invention and investigation. By which, there are
growth of long period of consumer relations.
 Human resource function - It is the term of the manner of human resource management
that has develop as extremely complex. Candidates and individual who are obligating
various sort of the challenges as the consequence of trading with several changes that are
carried by the globalisation. Human Resource Management had to face a lot of issues of
being the more partial free in the employing of staffs.
 Finance function - It is termed as one of the most essential features of the business of
management, longer period of the term sustainability and ethics section own a direct
influence on the economic procedures of the business of management (Bai, and et.al.,
2021). As there are certain section of an efficient ethical exercises that have to be taken
into thought with admiration to trades agreements that own an extended period
feasibility.
P5 Evaluate the different ways decision making can work effectively in a global context.
As efficiently liability management in the world-wide field of the market it is an essential
section for the business of management to get adapt the efficient plan of actions. It helps the
business of management for effectively perform their work in the world-wide field of the market