BUS5013 Sales Management Sales and Negotiation Proposal
MNB3702 Assessment 5 SEMESTER 2 2024 ___________ are given expatriate assignments both to develop capabilities and to serve in strategically important roles in the MNE’s worldwide operation a. Glo...
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MNB3701 Assignment
2 (COMPLETE
ANSWERS) Semester 2
2024 (195080) - DUE 5
August 2024 ; 100%
TRUSTED Complete,
trusted solutions and
explanations
ADMIN
[COMPANY NAME]
,MNB3701 Assignment 2 (COMPLETE ANSWERS) Semester 2
2024 (195080) - DUE 5 August 2024 ; 100% TRUSTED
Complete, trusted solutions and explanations
Your report should start with an executive summary. • An
executive summary should summarise the key points of the report
(maximum 300 words). • The key elements of the executive
summary must include the following elements (1) the purpose of
the report, (2) objectives that you aim to accomplish in your
report, (3) key findings, (4) conclusions drawn, and (5)
recommendations. • Note you will only indicate the conclusions
drawn from your evaluation in reports 1, 2, and 3, and NOT make
any recommendations for future management action in the first
report. MNB3701/PORTFOLIO OF WORK/SEMESTER 2/2024
10 •
Executive Summary
Purpose: The purpose of this report is to analyze the determinants
of success or failure for [Chosen MNE] in the African market,
focusing on the formal and informal institutional frameworks that
influence its operations.
Objectives:
1. To evaluate the impact of formal institutional frameworks on
the MNE’s operations in Africa.
2. To assess the influence of informal institutional frameworks,
including cultural and social norms, on the MNE's success.
, 3. To draw conclusions based on the evaluation of these
institutional factors.
Key Findings:
1. Formal Institutional Frameworks: The regulatory
environment, compliance with local laws, and trade
regulations significantly impact the MNE's operations.
Challenges include navigating complex bureaucratic
processes and adapting to diverse legal standards across
different African countries.
2. Informal Institutional Frameworks: Cultural norms, social
practices, and local business cultures are critical to the
MNE’s success. The ability to understand and integrate into
these cultural contexts greatly enhances operational
effectiveness and market penetration.
Conclusions: The evaluation reveals that both formal and
informal institutional factors are crucial in determining the MNE’s
success in Africa. Effective management of regulatory compliance
and cultural adaptation are essential strategies for overcoming
operational challenges and capitalizing on market opportunities in
the African context.
Recommendations: Recommendations for future management
actions will be addressed in the final report. This report focuses on
providing a comprehensive analysis and drawing conclusions
from the evaluation of institutional factors.
This executive summary outlines the key elements required,
ensuring clarity and conciseness, and stays within the 300-word
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