Essay
MNB3701 ASSIGNMENT 2 REPORT 1 (NEDBANK)
- Course
- Institution
- Book
THE DOCUMENT CONTAINS AN ESSAY THAT HELPS STUDENTS AS A FOUNDATION IN PREPARATION OF THEIR REPORT 1.
[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...
3 reviews
By: rotarir • 7 months ago
By: passmatetutorials • 7 months ago
Thank yiu for a review. Kindly conduct the provided contact details for further assistance
By: akanimarlyne25 • 1 year ago
By: passmatetutorials • 1 year ago
thanks for the review, please feel free to get in touch for any further assistance
By: glcoin18 • 1 year ago
By: passmatetutorials • 1 year ago
thank you very much for reviewing, we hope the framework will assist you in getting started with your report
Seller
Follow
passmatetutorials
Reviews received
Content preview
PASSMATE TUTORIALS passmatetutorials@gmail.comDISCLAIMER: 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 ASSIT STUDENTS IN GETTING STARTED WITH THEIR
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 SUBMISION. WE BELIEVE THE FRAMEWORK WILL
BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT
WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOLOY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY
NOT BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWEDGE.
FOR ANY FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED
HERE AND THE MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION
PREPARATION, RESEARCH AND RESEARCH PROPOSALS, DISSERTATION
EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDES AT VARIOUS INSITITUIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ,
UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram: CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717
513 144 or email passmatetutorials@gmail.com
PASSMATE TUTORIALS 0612621185/0717513144/0680538213
,PASSMATE TUTORIALS passmatetutorials@gmail.com
Table of Contents
Executive summary .................................................................................................... 3
Literature search .........................................................................................................3
Background ................................................................................................................ 4
Formal institutional framework .................................................................................5
Judgement Process ............................................................................................. 5
Financial System ..................................................................................................7
Political setup ....................................................................................................... 8
Informal institutional framework ...............................................................................9
Language ........................................................................................................... 10
Culture ............................................................................................................... 10
Social Structure ..................................................................................................11
Management implications ......................................................................................11
Conclusion ................................................................................................................ 12
Bibliography .............................................................................................................. 13
PASSMATE TUTORIALS 0612621185/0717513144/0680538213
,PASSMATE TUTORIALS passmatetutorials@gmail.com
Executive summary
This report's primary objective is to evaluate the major factors that influence MNE
(Nedbank) success or failure in Zimbabwe. The report would aim to comprehend the
problems that Nedbank is having in Zimbabwe with both formal and informal
institutions. In most circumstances, informal institutions are unstable and have a
detrimental impact on an organization's operations. The survey also found that
because of inconsistencies in the government's policy frameworks, formal institutions
pose vulnerabilities in the Zimbabwean setting. However, significant prospects are
evident as the economy has a great deal of room to expand and most private
companies lack the cash that Nedbank can use.
Literature search
The literature search is essential and crucial since it enables the report to express its
conclusions. To conduct the necessary theoretical analysis, the researcher used the
assigned textbook. Additional journals were added as they provided empirical data
on Nedbank's and its rivals' performance in Zimbabwe, including CBZ and standard
bank.
The literature search for this report is summarised in the table below:
Period of Search terms Search engines Number of Useful
interest articles(abs sources
tracts)
2012 - 2022 Finance Google 18 12
sector scholar
Investment Journal of
securities Business
venturing
Informal
institutions Venture
capital
Formal
institutions South
African
Short-
journal of
PASSMATE TUTORIALS 0612621185/0717513144/0680538213
,PASSMATE TUTORIALS passmatetutorials@gmail.com
medium-long economics
term
obstacles
In addition to the periodicals and textbook, a broader literature search was
conducted to meet section requirements. In other words, Google Scholar was crucial
because it made it possible for the researcher to look for more recently published,
peer-reviewed journals that explain, among other things, how Zimbabwe's economy
is doing, the key characteristics of organisations in the country's banking sector, and
consumer behaviour given the volatile nature of the financial market. As a result, the
literature review for this report was built on textbooks.
Background
Economic activity and economic integration have both grown significantly in recent
years (Srivastava, Singh, & Dhir, 2020). Global actors operate more and more like
they are in the same geopolitical environment. Increased international trade in both
products and services is the effect of this. Multinational companies like Nedbank
emerged as globalisation increased, and they today oversee trade flows in many
different nations. These businesses also participate in international importing and
exporting, direct investments, portfolio investments, international licencing, and
international franchising. Their choice to enter new markets is impacted by a variety
of elements, including the economic situation of the nation. The expanding market
and the company's main target, the young entrepreneurial generation, in nations like
Zimbabwe where the population is growing, have an effect. Nedbank joined the
Zimbabwean market via licencing in light of this. In other words, since the
organisation registered its operations with the Zimbabwean government, the entry
technique might also be described as licencing. The organisation selected this
choice because of its advantages over alternatives like joint ventures and franchises,
among others.
Commercial bank Nedbank Zimbabwe Limited, usually known as Nedbank
Zimbabwe, is in Zimbabwe. The Reserve Bank of Zimbabwe, the country's central
bank and national banking regulator, has granted it a licence. The bank had been
operating under the name MBCA Bank before changing its name. Nedbank
PASSMATE TUTORIALS 0612621185/0717513144/0680538213
, PASSMATE TUTORIALS passmatetutorials@gmail.com
discovered potential in Zimbabwe thanks to its major players, and the shareholders
suggested taking use of them. Nedbank Zimbabwe wants the following goals as part
of their primary objectives:
To provide high value loans to wholesalers and manufacturers.
To offer loans at lower cost.
To increase the local market shares in 3 year period.
To employ at least 55% of local labour.
This report's main objective is to examine the institutional perspective. The
institution-based view is a crucial business strategy perception that impacts a
company's success or failure in addition to the two most well-known business
strategy perceptions, industry-based perception and resources-based perspective
(Asiedu, 2020). Specific traits within a setting known as the business rules of the
game have an impact on a company's success. According to Ali and Anwar (2021),
these laws are categorised as either formal institutions or informal institutions. In this
sense, formal institutions are underlying norms or laws that are formally enshrined in
law and, for the most part, upholdable in court. Trade regulations include, for
example, economic strategies, environmental standards, national political initiatives
like indigenization, and legal measures like labour laws and intellectual property
rights. Contrarily, informal institutions protect cultural and traditional values as well
as practises and languages (Peng & Meyer, 2019). Political, economic, social,
ecological, and legal categories are used to group these regulations.
Formal institutional framework
Formal institutions, in the opinion of Hill (2020:253), are laws that have been formally
established in a community by a group or authority. Formal institutions include,
among other things, laws, regulations, safeguards for property rights, and market
discipline. The company (Nedbank Zimbabwe) must overcome the following
institutional obstacles in order to succeed in the Zimbabwean and global markets.
Judgement Process
According to Anwar (2018), the judiciary or judicial system refers to the formal rules
of the game that control the formulation and implementation of a country's laws. By
PASSMATE TUTORIALS 0612621185/0717513144/0680538213
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 passmatetutorials. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$7.96. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now