SASOL's Adaptation to the Global Business Environment: A Report
VerifiedAdded on 2023/06/11
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Report
AI Summary
This report provides an analysis of SASOL's global business environment, focusing on the concept and driving factors of globalisation, and applying a PESTLE analysis to illustrate global influences on the organisation. It identifies key drivers such as trade liberalisation, cost differences between countries, rapid technological changes, and international partnerships. The report also addresses the challenges and complexities that globalisation presents, including high investment costs, potential job losses, and the impact of taxes and import duties. Specific recommendations are provided for SASOL's managers, emphasising the importance of hiring skilled talent and providing comprehensive training and development to prepare employees for international operations. The report concludes that while the global business environment is fraught with uncertainties and risks, it also offers significant opportunities for businesses to thrive. Desklib provides access to similar solved assignments and past papers for students.
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