,SECTION A: DECLARATION
Note that the assessment will not be marked if this declaration has not been
completed.
Declaration of own work
I hereby declare that the material that I now submit for assessment is entirely my own
work and has not been taken from the work of others. Work constructed from other
sources has been duly referenced.
Module code: SMA4802
Full name and surname: ______________________________________
Student number: ______________________________________
Signature: ______________________________________
(electronic/digital handwritten signature/initial[s] and surname)
Cellphone number: ______________________________________
, SMA4802 ASSESSMENT 4 – WRITTEN ASSESSMENT
SECTION B: THEORETICAL QUESTIONS
Case Study: Strategic Safety Management in an Era of Geopolitical Instability:
The Iran Conflict and Global Organisational Resilience
The global business environment has become increasingly volatile due to
geopolitical tensions, climate-related disruptions, cyber threats, economic
uncertainty and rapidly changing stakeholder expectations. Strategic managers are
increasingly required to make decisions under conditions of uncertainty while
ensuring organisational sustainability, resilience and competitive advantage.
In 2026, tensions between Iran, Israel and several regional and international actors
escalated into a prolonged military conflict. The conflict significantly affected global
energy markets, maritime transportation routes, international trade, supply chains
and investor confidence.
One of the most significant concerns for multinational corporations was the
vulnerability of the Strait of Hormuz, through which approximately one-fifth of global
petroleum products are transported. Repeated threats to maritime security
increased shipping costs, delayed cargo movements, elevated insurance premiums,
and created uncertainty throughout global supply chains. The conflict also
contributed to:
• Rising crude oil prices
• Increased transportation costs
• Supply shortages of critical components
• Currency fluctuations
• Heightened cybersecurity risks
• Reduced investor confidence
• Increased operational uncertainty
Organisations operating globally were compelled to reassess their strategic plans,
risk management systems and business continuity capabilities.
Company profile
SafeTech Industrial Solutions (Pty) Ltd is a multinational organisation specialising
in:
3
Note that the assessment will not be marked if this declaration has not been
completed.
Declaration of own work
I hereby declare that the material that I now submit for assessment is entirely my own
work and has not been taken from the work of others. Work constructed from other
sources has been duly referenced.
Module code: SMA4802
Full name and surname: ______________________________________
Student number: ______________________________________
Signature: ______________________________________
(electronic/digital handwritten signature/initial[s] and surname)
Cellphone number: ______________________________________
, SMA4802 ASSESSMENT 4 – WRITTEN ASSESSMENT
SECTION B: THEORETICAL QUESTIONS
Case Study: Strategic Safety Management in an Era of Geopolitical Instability:
The Iran Conflict and Global Organisational Resilience
The global business environment has become increasingly volatile due to
geopolitical tensions, climate-related disruptions, cyber threats, economic
uncertainty and rapidly changing stakeholder expectations. Strategic managers are
increasingly required to make decisions under conditions of uncertainty while
ensuring organisational sustainability, resilience and competitive advantage.
In 2026, tensions between Iran, Israel and several regional and international actors
escalated into a prolonged military conflict. The conflict significantly affected global
energy markets, maritime transportation routes, international trade, supply chains
and investor confidence.
One of the most significant concerns for multinational corporations was the
vulnerability of the Strait of Hormuz, through which approximately one-fifth of global
petroleum products are transported. Repeated threats to maritime security
increased shipping costs, delayed cargo movements, elevated insurance premiums,
and created uncertainty throughout global supply chains. The conflict also
contributed to:
• Rising crude oil prices
• Increased transportation costs
• Supply shortages of critical components
• Currency fluctuations
• Heightened cybersecurity risks
• Reduced investor confidence
• Increased operational uncertainty
Organisations operating globally were compelled to reassess their strategic plans,
risk management systems and business continuity capabilities.
Company profile
SafeTech Industrial Solutions (Pty) Ltd is a multinational organisation specialising
in:
3
