100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MNB3701 ASSIGNMENT 2 SEMESTER 1 – 2024 (709192) $2.84
Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Global Business Management IA (MNB3701)

Other

MNB3701 ASSIGNMENT 2 SEMESTER 1 – 2024 (709192)

1 review
 1 purchase
  • Course
  • Global Business Management IA (MNB3701)
  • Institution
  • University Of South Africa (Unisa)
  • Book
  • Global Strategic Management, International Edition

MNB3701 ASSIGNMENT 2 REPORT SEMESTER 1 – 2024 (709192) DUE DATE: 04 MARCH 2024 AT 14:00 6.3.2 Executive summary 6.3.3 Literature search 6.3.4 Background 6.3.5 Formal institutional frameworks 6.3.6 Informal institutional frameworks 6.3.7 Conclusions 6.3.8 Bibliography

Preview 5 out of 23  pages

Document information

  • March 2, 2024
  • 23
  • 2023/2024
  • Other
  • Unknown

Subjects

  • mnb3701 assignment 2 semester

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

  • Global strategy 3rd Edition by Mike W Peng
All for this textbook (1)

Written for

  • University of South Africa (Unisa)
  • Global Business Management IA (MNB3701)
All documents for this subject (63)

1  review

review-writer-avatar

By: ssbahle9 • 7 months ago

Seller

avatar-seller
Masters

Reviews received

Content preview

MNB3701
ASSIGNMENT 2
SEMESTER - 01
DUE DATE: 04 MARCH




2024


"Elevate Your Excellence: Where Distinction Meets Assurance in Every Assignment!"

, MNB3701
Principles of Global Business Management



REPORT 2

(UNIQUE NUMBER: 709192)

by

Student name

(Student number: insert student number)




DEPARTMENT BUSINESS MANAGEMENT




© STANDARD BANK 1

,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: ______________________________________



Student number: ______________________________________



Signature: ______________________________________

(electronic/digital handwritten signature/initial[s] and surname)




© STANDARD BANK 2

,1. Executive summary ................................................................................................. 4

2. Literature search ..................................................................................................... 5

3. Background ............................................................................................................. 6

4. Formal institutional frameworks ............................................................................. 8

4.1. Overview...…………………………………………………………………………………………………… 8

4.2. Evaluation of the determinants to the success or failure of an MNE in a formal
institution and key implications for management action of formal
institutions.................................................................................................................. 9

5. Informal institutional frameworks ......................................................................... 12

5.1. Overview……..………………………………………………………………….………………………….. 12

5.2. Evaluation of the determinants to the success or failure of an MNE in an informal
institution and key implications for management action of informal
institutions………………………………….............................................................................. 14

6. Conclusions ............................................................................................................. 18

7. Bibliography .......................................................................................................... 20




© STANDARD BANK 3

, A Report On Standard Bank Group As A Multinational Enterprise (MNE)

1. EXECUTIVE SUMMARY:

This report will discuss the Multinational Enterprises (MNE’s) as well as the formal and
informal institutions and the frameworks that govern them. A multinational firm or MNE is
an enterprise that engages in foreign direct investment and owns and controls value adding
activities in more than one country (Peng & Meyer 2019).

It typically has multiple facilities across the globe, derives a substantial portion of revenues
from foreign operations, manages subsidiaries with a common strategic vision and resource
pool and often places foreign nationals or expatriates in key management posts.” (Erwee,
2017: 176).

The following report will continue to assess the pivotal role of both formal and informal
institutions in determining the success or failure of a Multinational Enterprise (MNE),
particularly within the African context. The primary objective of this report is to identify and
evaluate the factors that influence the MNE's operational outcomes.
In the global business landscape, a company's achievements or setbacks are significantly
influenced by its adeptness in navigating various regulatory environments and societal
norms. Essentially, the manner in which a company engages with these frameworks dictates
its competitive edge and sustainability. Consequently, firms must maintain vigilance in
comprehending, interpreting, and adapting to the evolving regulatory and social landscapes
to thrive amidst diverse market conditions.

The institution-based perspective has emerged as a dominant framework for understanding
international business dynamics. Within this framework, formal institutions encompassing
political, legal, and economic systems play a central role in shaping the operational
environment for MNEs. In contrast, informal institutions, such as cultural norms and ethical
standards, exert considerable influence on organizational behavior and strategic decision-
making.

In this analysis, the focus will primarily be on formal institutions, delving into the
complexities of political, legal, and economic systems within the African context.
Additionally, an upcoming section will explore the significance of informal institutions
through a dedicated article review.


© STANDARD BANK 4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Masters. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.84. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$2.84  1x  sold
  • (1)
Add to cart
Added