Global Strategic Management, International Edition
This document contains workings, explanations and solutions to the MNB3701 Assignment 4 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4...
MNB3701
Assignment 4 Semester 2 2024
Unique Number: 222473
Due Date: 2 September 2024
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, SASOL'S OPERATIONS AND INSTITUTIONAL FRAMEWORKS IN
MOZAMBIQUE: AN ANALYTICAL REPORT
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY ........................................................................................................ 4
2. LITERATURE SEARCH........................................................................................................... 5
3. BACKGROUND ........................................................................................................................ 6
3.1. Historical Path to Becoming an MNE............................................................................... 6
3.2. Key Decisions and Role of Decision Makers .................................................................... 6
3.3. Motivation for Expanding into Africa .............................................................................. 7
3.4. Product Markets Served .................................................................................................. 7
3.5. Objectives Set by Management....................................................................................... 8
4. FORMAL INSTITUTIONAL FRAMEWORKS ............................................................................... 8
4.1 Overview........................................................................................................................... 8
4.2. Political System ................................................................................................................ 9
4.2.1. Determinants of Success and Failure ....................................................................... 9
4.2.2. Implications for Management .................................................................................. 9
4.3. Economic System ...........................................................................................................10
4.3.1. Determinants of Success and Failure .....................................................................10
4.3.2. Implications for Management ................................................................................10
4.4. Legal System ..................................................................................................................10
4.4.1. Determinants of Success and Failure .....................................................................10
4.4.2. Implications for Management ................................................................................11
4.5. Evaluation of Propositions from the Institutions-Based View ......................................11
4.5.1. Political System Evaluation .....................................................................................11
4.5.2. Economic System Evaluation ..................................................................................12
4.5.3. Legal System Evaluation .........................................................................................12
4.6. Conclusions and Implications for Management Action ................................................12
5. INFORMAL INSTITUTIONAL FRAMEWORKS ..........................................................................13
5.1. Overview........................................................................................................................13
5.2 Cultural Context..............................................................................................................14
5.2.1.Importance of Cultural Understanding ...................................................................14
5.2.2. Cultural Sensitivity and Adaptation ........................................................................14
5.3. Language Competencies and Cultural Interactions .......................................................14
5.3.1. Language as a Barrier and Enabler .........................................................................14
5.3.2. Strategies for Effective Communication .................................................................15
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