This report provides a comprehensive analysis of the global business environment and its impact on SASOL Company. It begins by defining the global business environment and highlighting the challenges international companies face, such as political risks, cultural differences, and legal issues. The report discusses globalisation as a major turning point in international trade and examines the role of PESTLE analysis in identifying external factors affecting SASOL's macro environment, including political, economic, social, technological, legal, and environmental factors. Key driving factors related to globalisation, such as partnerships between countries, the World Trade Organisation, rising investment opportunities, and the availability of cheap labor, are also explored. Furthermore, the significant impact of digital technology on globalisation, including business development, customer reach, and privacy concerns, is examined. The report identifies challenges and complexities faced by SASOL in the international market, such as high investment costs, handling numerous operations, applying management rules, and managing risk. It concludes with recommendations for SASOL, including hiring skilled IT professionals, seeking professional management expertise, and installing advanced computer systems and software. The report emphasizes the importance of implementing digital technology and focusing on professional practices for growth in the international market. Desklib provides access to this and other solved assignments for students.
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