Summary MNB3701 - FULLY COMPLETED REPORT 3 ON CHOSEN MNE

MNB3701
Principles of Global Business Management


REPORT 3
(UNIQUE NUMBER: 8495009 )

by




DEPARTMENT BUSINESS MANAGEMENT

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Name…… ……………………….………………… Student No: ....................

Signed ……………………………………………. Date ………………..…

,Table of Contents

Executive Summary .................................................................................................................. 1

Literature Search ...................................................................................................................... 3

Background .............................................................................................................................. 4

Formal institutional frameworks ................................................................................................ 6

1) Political systems ………………………………………………………………………… 6
2) Economic systems ……………………………………………………………………… 7
3) Legal systems …………………………………………………………………………... 8
4) Key Implications for Management Action ……………………….…………………… 9

Informal institutional frameworks............................................................................................. 10

1) Culture …………………………………………………………………………………. 10
2) Ethics …………………………………………………………………………………... 11
3) Language ……………………………………………………………………………… 12
4) Key Implications for Management Action ….………………………………………. 12

Resource Appraisal ................................................................................................................ 13

Challenges trading internationally ........................................................................................... 18

1) Evaluation ……………………………………………………………………………. 18
2) Key Implications for Management Action……………..…………………………... 19

Foreign Direct Investment (FDI) .............................................................................................. 20

1) Key Implications for Management Action………………………………………….. 23

Exchange rates....................................................................................................................... 24

1) Long-term movement informed by purchasing power parity (PPP) …………… 25
2) Changes in productivity and balance of payment .………………………………. 26
3) Sudden Movements and investor perceptions …………………………………... 26
4) Key Implications for Management Action ………………………………………… 27

Global, Regional and Bilateral Economic Integration .............................................................. 28

1) Integration of Regional Economic Systems ……………………………………… 28
2) Integration of Global Economic Systems ………………………………………… 29
3) Management Involvement in Political Discussions ……………………………… 30
4) Key Implications for Management Action ………………………………………… 31

Socially responsible business ................................................................................................. 31

1) Key Implications for Management Action …………………………………..…… 33

Conclusion.............................................................................................................................. 34

Recommendations for Future Management Action ………………………………………………..36

, Revisions Feedback from Report 1 ......................................................................................... 38

Revisions Feedback from Report 2 ......................................................................................... 41

Bibliography ............................................................................................................................ 44