Exam (elaborations)
MNB3701 Assignment 2 Report Semester 1 with complete solutions 2023
- Course
- MNB3701
- Institution
- University Of South Africa
MNB3701 Assignment 2 Report Semester 1 with complete solutions 2023
[Show more]
Content preview
MNB3701 Assignment 2 ReportSemester 1 with complete solutions 2023
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)
Page 2 of 18
,TABLE OF CONTENTS
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 ................................................................... 10
5.1. Overview ............................................................................................ 11
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 ............................................................................. 13
6. Conclusions ................................................................................................... 16
7. Bibliography ................................................................................................... 17
Page 3 of 18
, EXECUTIVE SUMMARY
This paper 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 paper will continue to evaluate the aspects of the workings of formal and informal
institutions that are key to the success or failure of the MNE, among other things, the
main objective of this report Identify and evaluate the determinants of the success or
failure of operating the MNE in the African context.
Overall, the success and failure of a firm around the globe are, to a large extent, are
determined by its ability to understand and take advantage of the different rules of the
game. In other words, how firms play the game and win (or lose), at least in part,
depends on how the rules are made, enforced, and changed. This calls for firms to
constantly monitor, decode, and adapt to the changing rules of the game in order to
survive and prosper. As a result, such an institution-based view has emerged as a
leading perspective on international business. Here, I focus on formal institutions (such
as political, legal, and economic systems) whereas I will upload an article concerning
informal institutions.
(Hint: Write the executive summary only once you have completed all of the other
required sections of the first report)
Page 4 of 18
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 mynorcharles. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R139,44. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
64438 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now