Globalization, Digital Technology Impact, and SASOL PESTLE Analysis

This report explores the multifaceted concept of globalization, emphasizing its driving factors such as the digital revolution, political influences, international business, and economies of scale. It evaluates the significant impact of digital technology on globalization, noting how it reduces transportation and communication costs, fostering global sourcing and company growth. The report also critically evaluates the challenges and complexities globalization brings to SASOL, including international recruiting issues and immigration challenges. Recommendations are provided to overcome these challenges, such as framing effective globalization strategies and ensuring fair treatment of international employees. A PESTLE analysis of SASOL is included, covering political, economic, social, technological, legal, and environmental factors. The report concludes that globalization helps businesses grow by expanding their customer base and highlights various factors that facilitate global expansion.

Submission Format
Part 1

TABLE OF CONTENTS
 Introduction
 Main Body
 Conclusion
 References

INTRODUCTION
 This report discuss Globalization and
driving factors of Globalization.
 In addition, it explains the impact of
digital technology on Globalization.
 It also includes the PESTLE Analysis of
SASOL.

GLOBALIZATION
 Globalization shows how the economy of world
are related to each other.
 It encourages the region as well as population to
establish relationship between them.

PESTLE ANALYSIS
 Political - This shows how any actions or change in policy
of the government will have an impact on business.
 Economical - It considers different factor of economy
which affect the functioning of business.
 Social - This considers the culture and demographic factors
of a society.
 Technological - It considers the innovation in the industry
while including the new technology which helps the
business.
 Legal - This factor concerns to any legislation which states
what a business should do to avoid any legal case.
 Environmental - This is mainly related to the pollution
control for any company.

FACTORS DRIVING GLOBALIZATION
 Digital Revolution - Digital Revolution has played a very vital role in driving
globalization as it made it easy to reach to any goods and services worldwide.
 Political Influence - Government of different countries are forming various rules and
regulations for international trade.
 International Business & Trade - There are various business entities who are into
international transaction like import and export. But there are other business entities who
are more inclined towards merger or acquisition etc.
 Economies of Scale - When the economies of scale of a business increases it is beneficial
for that company to export those products as the current market may be small to achieve
the sales target.

Evaluation of the significant impact of digital
technology upon globalization
Significant impact of digital technology upon globalization are considered
important and this helps in knowing that how effectively and in appropriate manner the
digital changes are being concerned upon the globalization. Technology changes and
modifies the system of whole world and through this it is observed that digital
advancements reduce cost of transportation and communications across nations which
helps in facilitating the global sources of raw materials. Globalization is encouraged by
companies having technology advancements which helps them to grow and develop in the
modern world.

Critical evaluation of challenges and complexities globalization
brings to SASOL
 Globalization is the term which is defined as how trade and technology has
connected the world. Globalization has also encouraged and emphasized the interaction
among people and SASOL. There are certain challenges and complexities globalization
brings to SASOL which are described as -
 SASOL is facing international recruiting programs and process as there are problems
between the teams which are placed in different countries.
 There are immigration challenges which are being faced by the employees of SASOL
and this creates difficulties and problems for employees as they are not able to
immigrate to the countries.

Recommendations for the challenges to overcome
 These mentioned challenges which are described above should be overcome
so that the company SASOL improves the growth and development at large scale.
There are certain recommendations which are described as -
 Strategies should be framed for the aspect of globalization so that there are no negative
impacts on the organization.
 There should be no foreign employee exploitation within the organization and this
should be taken into importance by how the management is taking concern of the
employees of SASOL.
 The management of the organization should take concern of how effectively and in
appropriate manner the international recruiting programs should be framed at large
scale.

CONCLUSION
 From this report it is concluded that Globalization helps the
business to grow rapidly as they can expand their customer base.
 There are various factors such as economies of scale, political
influence and various others which helps the business to globalize
in the world.

References
 Alanzi, S., 2018. PESTLE Analysis. Project Management.
 Babenko, V. and et.al., 2019. Factors of the development of international e-commerce under the
conditions of globalization. In SHS Web of Conferences (Vol. 65, p. 04016). EDP Sciences.
 Michie, J. ed., 2019. The handbook of globalisation. Edward Elgar Publishing.
 Racz, L. and et.al., 2018. Extensive comparison of biodiesel production alternatives with life cycle,
PESTLE and multi-criteria decision analyses. Clean Technologies and Environmental Policy.
20(9). pp.2013-2024.
 Bouchet, M.H., Fishkin, C.A. and et.al., 2018. Managing Country Risk in an Age
of Globalization: A practical guide to overcoming challenges in a complex
world. Palgrave Macmillan.
 Lundan, S.M., 2018. From the editor: Engaging international business scholars
with public policy issues. Journal of International Business Policy. 1(1). pp.1-11.