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MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 March 2025
MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 March 2025
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, Questions Marks 1 Discuss five (5) SustainableDevelopment Goals (SDGs) that Standard Bank is trying to
achieve. Motivate with examples from the Standard Bank
report. 10
2 Use the SMART principle to evaluate Standard Bank's
short and medium targets(goals). 10
3 a) Standard Bank’s mission statement is “To facilitate real
economic activity and support South Africa’s socio-
economic development by being a purpose-driven
financial institution that provides inclusive, sustainable,
and innovative financial solutions to its clients, driving
growth across Africa”. Evaluate this mission statement to
determine whether it meets the requirements of a well-
formulated mission statement. Afterwards, make
recommendations as to what additional information
Standard Bank could include in their mission statement. (5
marks) Hint: When evaluating the mission statement use a
table with the following headings: aspects, yes/no and
excerpt from the mission statement. b) Formulate a vision
statement for Standard Bank. (2 marks) c) Evaluate the
vision statement in b) above to determine whether it
meets the requirements of a good vision statement. (8
marks) Hint: When evaluating the vision statement use a
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