MNB3701 ASSIGNMENT 3 2024 POSSIBLE QUESTIONS AND ANSWERS
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MNB3701 – Principles Of Global Business Management (MNB3701)
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MNB3701
Principles of Global
Business Management
REPORT 2
(UNIQUE NUMBER: XXXXX)
by
XXXXXX
(XXXXXXXXX)
DEPARTMENT BUSINESS
MANAGEMENT
i|Page
,DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS NOT PREPARED NOR
APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH
THEORY OF INTERNATIONAL BUSINESS. THIS FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS
IN GETTING STARTED WITH THEIR MNB3701 ASSIGNMENT, AND IN NO CASE THIS DOCUMENT
SHOULD BE USED FOR CHEATING, THUS NO STUDENT IS ENCOURAGED TO COPY THIS DOCUMENT,
NOR ITS SECTIONS FOR SUBMISSION. WE BELIEVE THE FRAMEWORK WILL BE A GOOD STARTING
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ii | P a g e
,DECLARATION
Note that the portfolio or any part thereof will not be marked if this
declaration has not been completed.
Declaration of own work
I hereby declare that the material which I now submit for this assessment is
entirely my own work and has not been taken from the work of others. Work that
was constructed from other sources has been duly referenced.
Full name and surname: XXXXX
Student number: XXXXXXX
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iii | P a g e
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Table of Contents
DECLARATION......................................................................................................................................... iii
Executive summary ................................................................................................................................. 1
Background ............................................................................................................................................. 3
Literature search ..................................................................................................................................... 5
Institution-based view ............................................................................................................................ 5
Formal institutional framework .............................................................................................................. 5
Informal institutional frameworks .......................................................................................................... 8
Resource-based view ........................................................................................................................ 11
Resources in McDonald’s South Africa .......................................................................................... 11
Evaluation of McDonalds’ resources using VRIO ......................................................................... 14
Challenges trading internationally.................................................................................................... 15
Implication for management ............................................................................................................. 18
Foreign Direct Investment (FDI) evaluation ................................................................................... 19
Conclusions ........................................................................................................................................... 22
References............................................................................................................................................. 23
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