Exam (elaborations)
MNB3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 (195080) - DUE 5 August 2024
- Institution
- University Of South Africa
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MNB3701 Assignment 2(COMPLETE ANSWERS)
Semester 2 2024 (195080) - DUE
5 August 2024
100% GUARANTEED
,MNB3701 Assignment 2 (COMPLETE ANSWERS)
Semester 2 2024 (195080) - DUE 5 August 2024
Executive summary Important: • 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 • Note recommendations, covering the entire
report are only to be made in the final report. • Write the
executive summary only once you have completed all the
other required sections of the first report. (5 marks)
Executive Summary
This report investigates the influence of formal and informal institutional frameworks on the
success or failure of multinational enterprises (MNEs) operating in the African context, focusing
on key evaluations from previous studies and reports. The purpose of this analysis is to
understand how various institutional elements impact MNE operations and to derive conclusions
based on existing evaluations.
The objectives of this report are:
1. To examine the role of formal institutional frameworks, such as legal and regulatory
systems, in shaping MNE performance.
2. To explore the impact of informal institutional frameworks, including cultural norms and
social practices, on MNE operations.
3. To identify key challenges and opportunities faced by MNEs in the African context due
to these institutional frameworks.
4. To synthesize findings from previous evaluations and draw relevant conclusions for
MNE management.
Key findings from the analysis include:
, Formal institutional frameworks, such as stable legal and regulatory systems, are critical
for the predictable and efficient operation of MNEs.
Informal institutions, particularly cultural norms and social practices, significantly
influence business strategies and operational effectiveness.
MNEs encounter diverse challenges across different African countries due to varying
institutional landscapes, which necessitates adaptive and context-specific strategies.
Successful MNEs often leverage strong local partnerships and demonstrate a deep
understanding of the local institutional environment.
Conclusions drawn from the evaluations indicate that the interplay between formal and informal
institutional frameworks is crucial for MNE success. Stability and transparency in legal and
regulatory systems enhance operational efficiency, while alignment with local cultural norms and
practices fosters better community relations and market acceptance. However, MNEs must
navigate complex and sometimes unpredictable institutional landscapes, requiring flexibility and
local expertise.
The report does not make any specific recommendations for future management actions at this
stage. Recommendations will be provided in the final comprehensive report, integrating insights
from all evaluations.
This summary encapsulates the essential findings and conclusions from the initial evaluation,
setting the stage for more detailed analysis and actionable recommendations in subsequent
reports.
6.3.3 Literature search • Write a brief and concise
description of the literature search you have undertaken
(maximum 200 words). • It must be a brief description of
how you went about doing the literature search. It is not
merely a list of the elements of your literature search
undertaken. • Note your literature search should focus on
scholarly literature related to the topics of your
assignment. • In terms of the key elements that must be
included in the description of your literature search: (1)
You must indicate the period considered in your literature
search (for example the period from 2010 to 2022), (2)
search terms used, which may indicate inclusion or
exclusion criteria used (3) the databases and search
engines used, (4) the results of your search, (5) number
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