DISCLAIMER
The MNB3701 Report 1 is a product of internal and external research that
includes the study guide, prescribed textbook and other authentic sources.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
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, MNB3701
Table of Contents
Executive Summary ....................................................................................................3
Literature search .........................................................................................................3
Background ................................................................................................................ 4
Institutional framework ................................................................................................6
Formal institutions ................................................................................................... 6
Legal systems ...................................................................................................... 6
Corporate governance ......................................................................................... 7
Economic systems ............................................................................................... 8
Political systems ...................................................................................................9
Informal institutions ............................................................................................... 10
Cultures ..............................................................................................................11
Ethics ................................................................................................................. 11
Religions ............................................................................................................ 12
Languages ......................................................................................................... 12
Conclusion ................................................................................................................ 12
References ............................................................................................................... 13
Important note to consider ........................................................................................ 15
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