Exam (elaborations)
MNB3701 REPORT 2 SEM 1 2024 (ANJIN COMPANY)
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MNB3701 REPORT 2 SEM 1 2024 (ANJIN COMPANY)
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0717513144 MNB3701 REPORT 2 SEM 1 2024muzavazi47@gmail.com
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The MNB3701 Report 2 Semester 1 2024 is a generic document that helps students to compile their
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,0717513144 MNB3701 REPORT 2 SEM 1 2024
muzavazi47@gmail.com
, 0717513144 MNB3701 REPORT 2 SEM 1 2024
muzavazi47@gmail.com
Table of Contents
Executive summary ............................................................................................................... 5
Literature search ................................................................................................................... 5
Background........................................................................................................................... 6
Institutional view.................................................................................................................... 7
Formal institutions ................................................................................................................. 8
Politics and economics ...................................................................................................... 8
Law and regulation ............................................................................................................ 9
Managerial implications....................................................................................................... 10
Informal institutions ............................................................................................................. 10
Education ........................................................................................................................ 11
Culture and language ...................................................................................................... 11
REPORT TWO.................................................................................................................... 13
RESOURCE BASED VIEW THEORY ................................................................................. 13
Identifying key resources and capabilities........................................................................ 13
Tangible resources for Anjin ............................................................................................ 13
Anjin`s physical assets (diamonds grading and refinery plants) ................................... 13
Anjin`s intangible assets .................................................................................................. 13
Information and technology systems ............................................................................ 13
Capabilities (Skilled employees as dynamic capabilities) ............................................. 14
VRIO analysis.................................................................................................................. 14
Value creation .............................................................................................................. 14
Rarity of resources ....................................................................................................... 14
Imitability capabilities ................................................................................................... 15
Organisation of resources................................................................................................ 15
VRIO FRAMEWORK ....................................................................................................... 16
Implications for management ........................................................................................... 16
Challenges trading internationally .................................................................................... 16
Weak institutions .......................................................................................................... 17
Poor logistics and supply chain .................................................................................... 17
Inconsistent policies in taxes and customs ................................................................... 17
Excessive paperwork and regulations .......................................................................... 18
Implications for management ........................................................................................... 18
Foreign Direct Investment ................................................................................................... 18
OLI paradigm................................................................................................................... 19
Ownership advantages ................................................................................................ 19
Location advantages .................................................................................................... 19
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