Analysis of Global Business Environment for SASOL Company

This report provides an in-depth analysis of the global business environment, using SASOL as a case study. It begins with an introduction to globalization and defines its key aspects. A PESTLE analysis is conducted to assess the political, economic, social, technological, legal, and environmental factors impacting SASOL. The report then explores the key driving components of globalization, including market dynamics, competition, and environmental considerations. It also examines the impact of digital technology on globalization, highlighting its role in reducing costs, driving factors, and breaking down barriers. Furthermore, the report addresses the challenges and complexities of globalization, such as high investment requirements, confusing local systems, and environmental degradation. Finally, it offers recommendations for overcoming these challenges, including ethical business practices and compliance with government requirements. The conclusion emphasizes the broad impact of globalization on various aspects of the business, and the importance of considering different elements when expanding into international markets.

Global business environment

 INTRODUCTION
 PESTLE analysis on the SASOL
 Key driving components of globalisation
 Impact of the digital technology on globalisation
 Challenges and complexities globalisation
 Recommendations to overcome the challenges
 CONCLUSION
 References
Table of Contents

Globalisation is defines as a process of an
integrations and interaction among the
organisation, government and individuals
from different countries, process driven by
the international trade & investment and
assisted by the information technology. Thus,
this procedure effect the cultural, political,
environment, human physical well-being and
economic development & prosperity as well
(Afzaal, 2022).
INTRODUCTION

It is a popular technique of marketing sector to track
the business environment from the perspective of
specific industry. Company uses the PESTLE
framework with the motive to make better
decisions. This analyses is mentioned below:
 Political
 Economic
 Social
 Technology
 Legal
 Environmental
PESTLE analysis on the SASOL

The globalisation of organisation need to
analyse cost nature of the global business
operation, competition in market and
environmental factors impact the services
so that organisation can increase the benefit
from the global operation. Few of these
factors are mentioned below:
 Market
 Competition
 Environment
Key driving components of
globalization

In modern form of the globalisation, technology has
become vital force as it revolutionized the world-
wide economy and has considered as a critical
competitive strategy. It impacts the globalisation
in numerous ways that is mentioned below:
 Reduce cost
 Driving factors
 Reduce barriers of time
Impact of the digital technology on
globalisation

As globalisation provide wealth of the advantages,
but it also comes up with few challenges such
as, environmental, cultural and many more
which can be difficult to navigate. Few
challenges of the globalisation are mentioned
below;
 High investment
 Confusing local system
 Environmental degradation
Challenges and complexities
globalisation

After the wholesome & in depth analysis of
chemical manufacturing operation in the
global scale of SASOL, there are few
recommendations for the company's operation
at global level.
 Go with a simple, broad based and low cost
index fund
 Work ethically
 Meet government's requirements
Recommendations to overcome the
challenges

From the above PPT, it has been concluded that globalisation is that broad concept
which flows through numerous aspect of the universe. This PPT is based on an
organisation that is SASOL. Therefore, this PPT has discussed how different
element like political, social, environmental impacts the company globally. There
are several key driving factors of globalisation including competition, market and
cost that must be considered by respective company when expanding business in
international market. It is not necessary that globalisation always bring better
outcome for a business growth. It may also face some unexpected challenges in
business environment.
CONCLUSION

 Afzaal, M., 2022. Prospects for China’s Belt and Road Initiative (BRI): implications,
assessment and challenges: China’s globalization and the Belt and Road Initiative,
edited by Jean A. Berlie, Cham, Springer/Palgrave Macmillan, 2020, xxii+ 260 pp.,
RRP£ 52.00 (paperback), ISBN 978-3-030-22291-8.
 Benabed, A., 2022. OVERHANGING THE FUTURE SOCIO-ECONOMIC ASPECTS
THROUGH THE CONSEQUENCES OF GLOBALIZATION AND
INTERNATIONAL LAW. Perspectives of Law and Public Administration, 11(1),
pp.165-168.
 Chkopoia, S., 2022. The Impact of Globalization on the Social Policy Development of
Modern Democratic States. In Regulating Human Rights, Social Security, and Socio-
Economic Structures in a Global Perspective (pp. 180-193). IGI Global.
References