SASOL's Strategy in the Global Business Environment: An Analysis
VerifiedAdded on 2023/06/05
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AI Summary
This report provides a comprehensive analysis of SASOL within the global business environment. It begins with a PESTLE analysis to illustrate broader global influences, followed by an analysis of the key driving factors of globalization and an evaluation of the significant impact of digital technology. The report critically evaluates the challenges and complexities globalization brings to SASOL, including cultural identity loss and entry fees. The second part explains structure, culture, and governance within SASOL using McKinsey’s 7S model, evaluates the influence of global operations, and applies Hofstede’s Dimensions of Culture. It also examines ethical and sustainable factors and assesses strategic expansion routes available to the organization. The report concludes that globalization is crucial for worldwide visibility and profitability, highlighting the impact of external factors on conducting business in the global market.
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