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: ______________________________________
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
5.2. 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………………………………….............................................................................. 14
, A Report On Standard Bank Group As A Multinational Enterprise (MNE)
1. EXECUTIVE SUMMARY:
This report 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 following report will continue to assess the pivotal role of both formal and informal
institutions in determining the success or failure of a Multinational Enterprise (MNE),
particularly within the African context. The primary objective of this report is to identify and
evaluate the factors that influence the MNE's operational outcomes.
In the global business landscape, a company's achievements or setbacks are significantly
influenced by its adeptness in navigating various regulatory environments and societal
norms. Essentially, the manner in which a company engages with these frameworks dictates
its competitive edge and sustainability. Consequently, firms must maintain vigilance in
comprehending, interpreting, and adapting to the evolving regulatory and social landscapes
to thrive amidst diverse market conditions.
The institution-based perspective has emerged as a dominant framework for understanding
international business dynamics. Within this framework, formal institutions encompassing
political, legal, and economic systems play a central role in shaping the operational
environment for MNEs. In contrast, informal institutions, such as cultural norms and ethical
standards, exert considerable influence on organizational behavior and strategic decision-
making.
In this analysis, the focus will primarily be on formal institutions, delving into the
complexities of political, legal, and economic systems within the African context.
Additionally, an upcoming section will explore the significance of informal institutions
through a dedicated article review.
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur Masters. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €2,70. Vous n'êtes lié à rien après votre achat.