This presentation provides a comprehensive analysis of the global business environment with a specific focus on Sasol, a South Africa based energy and chemical company. It begins with a PESTLE analysis, examining the political, economic, social, technological, legal, and environmental factors influencing Sasol's operations. Key driving factors of globalization, such as enhanced competition through trade liberalization, cost factors, and market factors, are discussed. The presentation highlights the transformative impact of digital technology on globalization, emphasizing benefits like increased revenue, diverse workforces, and enhanced customer bases, alongside challenges such as environmental degradation and work exploitation. Furthermore, it delves into the strategic challenges related to risk and diversification, including trade wars and raw material shortages. The presentation identifies critical challenges globalization brings to Sasol, such as a challenging economy and difficulties in international recruitment. Recommendations to overcome these challenges include proper training programs, cultural understanding, and ensuring economic stability. The conclusion emphasizes that globalization offers a bright future for businesses, particularly with the aid of technology, and suggests that Sasol is well-positioned to continue its global expansion while addressing these challenges effectively. The document includes references to support the analysis and findings. Desklib offers similar solved assignments and resources for students.
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