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MNB3701 REPORT 1 ASSIGNMENT 4 2024

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MNB3701 REPORT 2 2024


DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY OF
INTERNATIONAL BUSINESS. THIS REPORT IS INTENDED TO ASSIST
STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT, AND IN NO CASE
THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE THIS WILL
BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT
WAS PREPARED USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY
EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY
NOT BE PROHIBITED AS IT CONTRIBUTES TO EXPANSION OF KNOWLEDGE.
FOR ANY FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED HERE
AND THE MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.



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PASSMATE TUTORIALS 0612621185/ 0717513144/ 068 053 8213
1|Page

,MNB3701 REPORT 2 2024




PASSMATE TUTORIALS 0612621185/ 0717513144/ 068 053 8213
2|Page

, MNB3701 REPORT 2 2024

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 ............................................................................................................. 11
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 .................................................................................................. 14
Information and technology systems ............................................................................ 14
Capabilities (Skilled employees as dynamic capabilities) ............................................. 14
VRIO analysis.................................................................................................................. 14
Value creation .............................................................................................................. 14
Rarity of resources ....................................................................................................... 15
Imitability capabilities ................................................................................................... 15
Organisation of resources................................................................................................ 15
VRIO FRAMEWORK ....................................................................................................... 16
Implications for management ........................................................................................... 16
Challenges trading internationally .................................................................................... 17
Weak institutions .......................................................................................................... 17
Poor logistics and supply chain .................................................................................... 17
Inconsistent policies in taxes and customs ................................................................... 18
Excessive paperwork and regulations .......................................................................... 18
Implications for management ........................................................................................... 18
Foreign Direct Investment ................................................................................................... 19
OLI paradigm................................................................................................................... 19
Ownership advantages ................................................................................................ 19

PASSMATE TUTORIALS 0612621185/ 0717513144/ 068 053 8213
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