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MNB3701 REPORT 2 ASSIGNMENT 4 2023
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MNB3701Principles 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
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 DISCUSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM
MONOPOLY TO KNOWLEDGE HENCE THE 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,
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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
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Student number: XXXXXXX
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iii | P a g e
, PASSMATES TUTORIALS passmatetutorials@gmail.com
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
PASSMATES TUTORIALS 061 262 1185/068 053 8213/0717 513 144
4|Page
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