MNB3701
Principles of Global Business Management
REPORT 3
(UNIQUE NUMBER: 781685)
By
Bonolo Gladys Mokolobata
(Student number: 47378360)
DEPARTMENT BUSINESS MANAGEMENT
,DECLARATION
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: Bonolo Gladys Mokolobata
Student number: 47378360
Signature: BG Mokolobata
, Table of contents
Page
1. Executive summary 6-7
2. Literature search 7-8
3. Background 8-9
4. Introducing the MTN Group 9
5. Formal and informal institutional frameworks 10
6. Evaluation of the determinants to success or failure of MNE in a formal
institution and key implications for management action of formal institutions 11
6.1.1 Political systems 11
6.1.2 Economic systems 11-12
6.1.3 Legal systems 12
7. Evaluation of the determinants to success or failure of an MNE in an informal
institution and key implications for management action of informal institutions 13
7.1.1 Culture 13
7.1.2 Languages 13-14
7.1.3 Religion 14
7.1.4 Ethics 14-15
8. Resource appraisal 15
8.1.1 Resource-based view 15
8.1.2 Identifying key resources 15-16
9. Primary resources 16
10. Capabilities 17-18
11. Appraising resources: The VRIO Framework 18
11.1.1 The question of value creation 18-19
11.1.2 The question of rarity 19
11.1.3 The question of imitability 19
, 11.1.4 The question of organization 20
12. Challenges trading internationally 20
13. Challenges affecting MTN in Nigeria 20
13.1.1 Legal challenges entry 20-21
13.1.2 Regulatory challenges 21-22
13.1.3 Economic challenges 22
13.1.4 Socio-Political challenges 22-23
14. Foreign Direct Investment (FDI) 23-25
15. Revisions 26
16. Exchange rate 27
16.1.1 Markets for currencies 27-28
16.1.2 Managing exchange risks 28
17. Global, regional and bilateral economic integration 29
17.1.1 Global integration 29-30
17.1.2 Evolution of regional integrations 30
17.1.3 Challenges to regional integration 30-31
18. Bilateral trade and investment agreements 31-32
19. Socially responsible business 32-33
19.1.1 CSR strategy of multinational organisation: MTN 33
19.1.2 Implications for action 34
20. Conclusion 35
21. Recommendations and justifications for recommendations made 35
22. Bibliography 36
23. Revisions 37
Principles of Global Business Management
REPORT 3
(UNIQUE NUMBER: 781685)
By
Bonolo Gladys Mokolobata
(Student number: 47378360)
DEPARTMENT BUSINESS MANAGEMENT
,DECLARATION
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: Bonolo Gladys Mokolobata
Student number: 47378360
Signature: BG Mokolobata
, Table of contents
Page
1. Executive summary 6-7
2. Literature search 7-8
3. Background 8-9
4. Introducing the MTN Group 9
5. Formal and informal institutional frameworks 10
6. Evaluation of the determinants to success or failure of MNE in a formal
institution and key implications for management action of formal institutions 11
6.1.1 Political systems 11
6.1.2 Economic systems 11-12
6.1.3 Legal systems 12
7. Evaluation of the determinants to success or failure of an MNE in an informal
institution and key implications for management action of informal institutions 13
7.1.1 Culture 13
7.1.2 Languages 13-14
7.1.3 Religion 14
7.1.4 Ethics 14-15
8. Resource appraisal 15
8.1.1 Resource-based view 15
8.1.2 Identifying key resources 15-16
9. Primary resources 16
10. Capabilities 17-18
11. Appraising resources: The VRIO Framework 18
11.1.1 The question of value creation 18-19
11.1.2 The question of rarity 19
11.1.3 The question of imitability 19
, 11.1.4 The question of organization 20
12. Challenges trading internationally 20
13. Challenges affecting MTN in Nigeria 20
13.1.1 Legal challenges entry 20-21
13.1.2 Regulatory challenges 21-22
13.1.3 Economic challenges 22
13.1.4 Socio-Political challenges 22-23
14. Foreign Direct Investment (FDI) 23-25
15. Revisions 26
16. Exchange rate 27
16.1.1 Markets for currencies 27-28
16.1.2 Managing exchange risks 28
17. Global, regional and bilateral economic integration 29
17.1.1 Global integration 29-30
17.1.2 Evolution of regional integrations 30
17.1.3 Challenges to regional integration 30-31
18. Bilateral trade and investment agreements 31-32
19. Socially responsible business 32-33
19.1.1 CSR strategy of multinational organisation: MTN 33
19.1.2 Implications for action 34
20. Conclusion 35
21. Recommendations and justifications for recommendations made 35
22. Bibliography 36
23. Revisions 37
