Global Business Environment Analysis and SASOL Limited Case Study

This report analyzes the global business environment, focusing on SASOL Limited, a South African chemical and energy company. It explores key drivers of globalization and strategic complexities in international markets. The report examines the influence of globalization on organizational governance, culture, functions, leadership, and structure. It then evaluates the impact of sustainable and ethical globalization on organizational functions and applies cultural frameworks like Hofstede's model and the McKinsey 7-S model to assess the influence of global markets on organizational culture and structure. The report further discusses effective decision-making approaches at a global level, including brainstorming, multi-voting, and the nominal group technique. It also covers various internationalization routes, such as licensing and exporting, and evaluates major barriers to international business, providing recommendations to overcome them. The report provides a comprehensive overview of the challenges and opportunities faced by companies operating in the global business environment.

Global Business
Environment

Table of Contents

INTRODUCTION
Global business environment is considered as the refers to the area where two or more
companies works with each other at international marketplace in order to increase their
profitability. It is mainly consist of macro and micro environmental factors that could influence
their operational areas as well as their performance (Alkhafaji and Nelson, 2013). The current
report is based on SASOL Limited, belongs to South Africa and deals in chemical and energy
sector. The company is already having presence at many international locations and placing its
efforts towards expanding its operational areas in other nations too. This report will include
description on key factors that drives globalisation. Furthermore, explanation will be given on
strategic complexities associated with operational activities experienced by companies dealing at
international marketplace. Later on, it will include information on influence of organisation's
functions, culture and structure on its business activities working at international market place.
At last, information associated with the influence of globalisation over company's decision
making and its strategy will going to be discussed in effective manner.
TASK 1 & TASK 2
PPT

TASK 3
P3 The influences of globalisation over the organisational governance along with its culture ,
functions, leadership and structure
Globalisation places influence over company’s leadership, culture, structure, functions and
governance. With reference to SASOL Limited, it can be said that its influence of globalisation
over its governance can be seen in the form of changes in legislations, company’s policies and
working practices. They are also changed according to the requirement of foreign country and its
legal preferences (Eden and Ackermann, 2013). While taking leadership on consideration, it can
be said that its managers will be required to go democratic leadership style as in international
market place it is seen as most feasible approach that will help them in succeeding in quicker
manner. Whereas, influence of globalisation on function of SASOL can be seen in the form of
changes. Here, marketing function is required to get modified as per new marketplace. Also,
Human resource function of this company has to hire more number of workforces so that they
can easily execute organisational work in quicker manner.
Apart from this, it can also be said that globalisation will also place influence over culture
of SASOL Limited. This is because; when this company will expand in international marketplace
they will surely have to acquire cultural values of the operating nation. Along with this, they
should also provide value to culture of all employees for encouraging them and realising them
that they are valuable asset of company (Elbanna Andrews and Pollanen, 2016). Influence of
globalisation on organisational structure seems to look negligible. This is because; at current
state the company uses functional structure which will be fine if they expand their business in
international marketplace.
P4 Major Influences of sustainable and ethical globalisation over functions of organisation
Globalisation is considered as the practice of transfer of goods and services in different
nation. It is essential for business associations working at international marketplace to execute
their business activities in ethical manner. Usage of ethical practices will allow them in
executing their work of each and every organisational function in appropriate manner. Here, it
can be said that HR manager of the SASOL Limited should hire employees on the basis of their
skills and knowledge. They are also required to opt right recruitment method that does not
include any wrong practice. On the other hand, it can also be said that marketing department of