Essay
MNB3701 REPORT 2 ASSIGNMENT 4 (ZHC ZIMBABWE)
- Course
- Institution
- Book
MNB3701 REPORT 2 ASSIGNMENT 4 (ZHC ZIMBABWE)
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
MNB3701 ASSIGNMENT 1 SEMESTER 2 2024 A corporate language refers to ________. a. foreign language used informally by tourists b. language people use for informal chats with the colleagues c. nati...
-
MNB3702 Assessment 06 2024 INTRODUCTION AND COMPANY BACKGROUND INTERNATIONAL EXPANSION OPERATIONAL PLANNING
-
MNB3702 Assessment 5 mnb3702 SEMESTER 1 2024 Primary stakeholders of a company are: Which one of the following things should you not do when experiencing culture shock related stress The management...
Seller
Follow
BMZAcademy
Reviews received
Content preview
BMZ ACADEMYBMZ Academy
CONTACT @ 061 262 1185/068 053 8213/0717513144
BMZ ACADEMY 0612621185/ 0717513144/ 068 053 8213
1|Page
,Executive summary
This report is based on the operations of Zhejiang Huayou Cobalt (ZHC). ZHC is a
Chinese mining giant that has been kingpin in African mining sector. The company
which has been so visible in countries like Democratic Republic of Congo has
expanded its footprint down the African continent to Zimbabwe. The resource-rich
Zimbabwe has been impoverished years. This is the country that has also been
suffocating under economic and political sanctions from the West, like China.
Zimbabwe has been for years awaiting investors in its most lucrative, promising and
untapped mining sector. The coming in of ZHC from Zimbabwe’s long-time ally China,
is a prayer answered for Zimbabwe. It is from this that ZHC has received a positive
welcome in Zimbabwe with the support of Zimbabwean political, legal and economic
systems (Zhang & Dai, 2022). However, it is only from an informal institutional
perspective that the company has faced some hard rock. Nonetheless, with high
positive influence of formal institutions, the company has a successful story in
Zimbabwe, despite minor hardships. The discussion proceeds in the second report to
present the contribution of resources towards the success of ZHC, where most of the
resources are crucially strategic as they give the company a strategic competitive
advantage, except for bad reputation dye to the company’s practice in DRC.
2|Page
,Table of Contents
Executive summary ................................................................................................................................. 2
Literature search ..................................................................................................................................... 5
Background ............................................................................................................................................. 7
REPORT ONE ......................................................................................................................................... 10
Institutions ............................................................................................................................................ 10
Formal institutions ................................................................................................................................ 10
Economic policies.............................................................................................................................. 10
Legislature ......................................................................................................................................... 11
Political system ................................................................................................................................. 12
Implications for management ............................................................................................................... 13
Informal institutions ............................................................................................................................. 14
Religion ............................................................................................................................................. 14
Education .......................................................................................................................................... 15
Corporate Language .......................................................................................................................... 16
Implications for management ............................................................................................................... 16
REPORT TWO ........................................................................................................................................ 18
Resource-based view ............................................................................................................................ 18
Finance .............................................................................................................................................. 18
Mining equipment ............................................................................................................................ 19
Technology ........................................................................................................................................ 19
Human resources .............................................................................................................................. 19
Reputation ........................................................................................................................................ 20
VRIO ANALYSIS .................................................................................................................................. 21
Implication for management ................................................................................................................ 21
Challenges trading internationally ........................................................................................................ 21
Resistance and doubt by local interest groups and communities .................................................... 21
Cultural distance ............................................................................................................................... 22
Economic policies and strategies ...................................................................................................... 22
Indenisation and local beneficiation initiative .................................................................................. 23
Implications for management ............................................................................................................... 23
Foreign direct investment ..................................................................................................................... 24
Implications for management ............................................................................................................... 25
Conclusion ............................................................................................................................................. 26
References ............................................................................................................................................ 27
3|Page
, ASSIGNMENT 2 (REPORT 1 CORRECTION) ............................................................................................ 30
4|Page
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.93. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50064 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now