MNG3701 Assignment 2 (DETAILED ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ,...NQuestions
Marks
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Strategic leaders can analyse a particular competitor in the industry in detail by applying the f...
MNG3701
Assignment 2 Semester 1 2025
Unique #:
Due Date: 14 April 2025
Detailed solutions, explanations, workings
and references.
+27 81 278 3372
, TABLE OF CONTENTS
INTRODUCTION ....................................................................................................... 3
1. STRATEGIC COMPETITOR ANALYSIS USING THE FOUR-CORNER
ANALYSIS ................................................................................................................. 3
1. a) Theoretical Overview of the Four-Corner Analysis ......................................... 3
1. b) Identifying a Major Competitor ........................................................................ 4
1. c) Applying the Four-Corner Analysis to FirstRand Bank.................................... 4
2. COST LEADERSHIP AS A BUSINESS-LEVEL STRATEGY ................................ 5
2.a) What Cost Leadership Entails ......................................................................... 5
2.b) Practical Application of the Cost Leadership Strategy ..................................... 6
2.c) Evaluating the Appropriateness of the Cost Leadership Strategy .................... 6
3. INDUSTRY ANALYSIS USING PORTER’S FIVE FORCES AND SWOT .............. 7
3. a) Porter’s Five Forces: Identifying and Analyzing Relevant Forces ................... 7
3. b) SWOT Analysis for Standard Bank of South Africa ........................................ 8
4. MACRO-ENVIRONMENT ANALYSIS USING PESTEL ........................................ 9
Applying the PESTEL Model to Standard Bank of South Africa ........................... 10
Political Factors ................................................................................................. 10
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