This report provides an overview of the global business environment with a specific focus on SASOL Limited, a South African company dealing in chemical and gas energy. It identifies key factors such as cost, market dynamics, environment, and competition that drive global commerce and trade, emphasizing the impact of digital technology on globalization. The report includes a PESTLE analysis, evaluating political, economic, social, technological, legal, and environmental factors affecting SASOL. Furthermore, it assesses the strategic challenges faced by SASOL, including competition, supply chain management, and technological adaptation, and offers recommendations such as respecting legal clauses, workforce training in technology, and establishing production units in expanded countries. The report concludes that globalization is a complex process dependent on various factors that influence business operations in the global market.
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