Other
MNB3701 ASSESSMENT 4 - 2023 - UNISA - PASS WITH 80%+
- Institution
- University Of South Africa (Unisa)
MNB3701 ASSESSMENT 4 - 2023 - UNISA - PASS WITH 80%+
[Show more]
3 reviews
By: zimuzasprings • 1 year ago
By: bmabalane • 9 months ago
By: clavellmattheys • 1 year ago
Content preview
MNB3701Principles of Global Business Management
REPORT/ASSESSMENT 4 2023
(UNIQUE NUMBER: 690302)
by
INSERT YOUR NAME
(Student number: XXXXXX)
DEPARTMENT BUSINESS MANAGEMENT
DECLARATION OF OWN WORK
i
, 1. 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.
2. I know that plagiarism means taking and using the ideas, writings, works or
inventions of another as if they were one’s own. I know that plagiarism not only includes
verbatim copying, but also the extensive use of another person’s ideas without proper
acknowledgement (which includes the proper use of quotation marks) or any attempt to
cheat the plagiarism checking system. I know that plagiarism covers the use of material
found in textual sources and from the Internet.
3 I acknowledge and understand that plagiarism is wrong.
4 I understand that my assignment must be accurately referenced.
5 This assignment/exam file/portfolio is my own work. I acknowledge that copying
someone else’s work, or part of it, is wrong, and that submitting identical work to others
constitutes a form of plagiarism.
6 I have not allowed, nor will I in the future allow, anyone to copy my work with the
intention of passing it off as their own work.
7 I understand that I can be awarded 0% if I have plagiarized. I understand that my
assignment/exam file/portfolio may be submitted automatically to Turnitin.
8 I confirm that I have read and understood the following UNISA policies:
8.1 Policy for Copyright and Plagiarism -
8.2 Policy on Academic Integrity
8.3 Student Disciplinary Code
8.4
Name: xxxxx xxxxx Student No: xxxxxx
Signed : xxxxxxx Date: 22 April 2023
TABLE OF CONTENT
ii
, 1 EXECUTIVE SUMMARY.....................................................................................................................................1
2 LITERATURE SEARCH........................................................................................................................................2
3 BACKGROUNDS OF REPORT.............................................................................................................................2
3.1 Standard Bank Path to internationalisation.................................................................................................2
3.2 The role of decision makers/leaders played in becoming an MNE................................................................3
3.3 Motivation for expanding operations into Nigeria........................................................................................3
3.4 Objectives set by the MNE’s management (Standard Bank).........................................................................4
4 FORMAL INSTITUTIONAL FRAMEWORKS.........................................................................................................4
4.1 Political systems............................................................................................................................................4
4.2 Economic System..........................................................................................................................................5
4.3 Legal System.................................................................................................................................................5
4.4 Implications to management actions............................................................................................................6
5 INFORMAL INSTITUTIONAL FRAMEWORKS.....................................................................................................6
5.1 Culture.........................................................................................................................................................7
5.2 Language competencies and cultural interactions.......................................................................................7
5.3 Religions.......................................................................................................................................................7
5.4 Ethics............................................................................................................................................................8
5.5 Key implications for management action of informal institutions................................................................8
6 RESOURCE APPRAISAL.....................................................................................................................................9
6.1 Key Resources and Capabilities of Standard bank in Nigerian market..........................................................9
6.1.1 Physical capital resources..........................................................................................................................9
6.1.2 Human capital resources.........................................................................................................................10
6.1.3 Organisational capital resource................................................................................................................10
6.1.4 The Standard Bank reputation.................................................................................................................10
6.2 Strategic implications of resource appraisal to the management...............................................................11
6.3 An overview of resource appraisal of Standard Bank..................................................................................11
7 Challenges trading internationally.................................................................................................................12
7.1 The comparative advantage theory............................................................................................................12
7.2 Standard Bank comparative advantage in Nigeria......................................................................................13
7.3 Standard Bank challenges trading internationally.......................................................................................14
7.4 Implications for management action..........................................................................................................15
8 Foreign Direct Investment (FDI).....................................................................................................................15
8.1 Foreign direct investment as key to the success of the MNE......................................................................15
8.1.1 Ownership...............................................................................................................................................15
8.1.2 Location advantages................................................................................................................................16
iii
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller eduworldtutorials. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R105,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now