MNB3701 ASSIGNMENT 3 2024 POSSIBLE QUESTIONS AND ANSWERS
All for this textbook (14)
Written for
University of South Africa (Unisa)
Global Business Management IA - MNB3701 (MNB3701)
All documents for this subject (15)
Seller
Follow
BMZAcademy
Reviews received
Content preview
BMZ ACADEMY
BMZ Academy
CONTACT @ 061 262 1185/068 053 8213/0717513144
BMZ ACADEMY 0612621185/ 0717513144/ 068 053 8213
1|Page
, BMZ ACADEMY
Table of Contents
Executive summary ........................................................................................................................... 4
Literature search ................................................................................................................................ 4
Background ......................................................................................................................................... 5
Institutional view ................................................................................................................................ 6
Formal institutions............................................................................................................................. 7
Politics and economics ................................................................................................................ 7
Law and regulation ........................................................................................................................ 8
Managerial implications ................................................................................................................... 9
Informal institutions ........................................................................................................................ 10
Education ....................................................................................................................................... 10
Culture and language .................................................................................................................. 10
REPORT TWO ................................................................................................................................... 12
RESOURCE BASED VIEW THEORY ............................................................................................ 12
Identifying key resources and capabilities ........................................................................... 12
Tangible resources for Anjin .................................................................................................... 12
Anjin`s physical assets (diamonds grading and refinery plants) ......................................... 12
Anjin`s intangible assets ........................................................................................................... 13
Information and technology systems ....................................................................................... 13
Capabilities (Skilled employees as dynamic capabilities) .................................................... 13
VRIO analysis ................................................................................................................................ 13
Value creation ............................................................................................................................. 13
Rarity of resources ..................................................................................................................... 14
Imitability capabilities ................................................................................................................. 14
Organisation of resources ......................................................................................................... 14
VRIO FRAMEWORK ..................................................................................................................... 15
Implications for management ................................................................................................... 15
Challenges trading internationally .......................................................................................... 16
Weak institutions ........................................................................................................................ 16
Poor logistics and supply chain ................................................................................................ 16
Inconsistent policies in taxes and customs ............................................................................ 17
Excessive paperwork and regulations .................................................................................... 17
Implications for management ................................................................................................... 17
BMZ ACADEMY 0612621185/ 0717513144/ 068 053 8213
2|Page
, BMZ ACADEMY
Foreign Direct Investment ............................................................................................................. 18
OLI paradigm ................................................................................................................................. 18
Ownership advantages .............................................................................................................. 18
Location advantages .................................................................................................................. 18
Internalisation advantages ........................................................................................................ 19
Implications for management ................................................................................................... 19
Conclusion ......................................................................................................................................... 19
References ......................................................................................................................................... 21
IMPORTANT NOTES TO CONSIDER ........................................................................................................ 1
BMZ ACADEMY 0612621185/ 0717513144/ 068 053 8213
3|Page
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.25. You're not tied to anything after your purchase.