COMPLETE
ANSWERS FOR
MNG3701
ASSIGNMENT 2
2025 SEMESTER 1
THE KNOWLEDGE GROUP
WhatsApp/Call: 082 205 7431
THE KNOWLEDGE GROUP
082 205 7431
, Module: MNG3701
Assignment: 2
Semester: 1
Year: 2025
Table of Contents
INTRODUCTION...........................................................................................................................................2
QUESTION 1.................................................................................................................................................3
Question 1a: Briefly explain the ‘four-corner analysis.’ (1 mark).............................................................3
Question 1b: Identify one major competitor of Standard Bank South Africa. (1 mark)...........................3
Question 1c: Apply the four-corner analysis to analyse the identified competitor of Standard Bank
South Africa.............................................................................................................................................3
QUESTION 2.................................................................................................................................................5
Question 2a: Discuss what cost leadership entails. (2 marks)..................................................................5
Question 2b: Briefly discuss one practical way in which Standard Bank of South Africa can apply the
cost leadership strategy. (2 marks)..........................................................................................................5
Question 2c: Use the three evaluation criteria to evaluate the appropriateness of the cost leadership
strategy in relation to Standard Bank of South Africa. (6 marks).............................................................6
QUESTION 3.................................................................................................................................................7
Question 3a: Identify two of Porter’s Five Forces referred to in the above statement. Use the
identified forces to analyse the Banking industry in South Africa. (6 marks)...........................................7
Question 3b: Perform a SWOT analysis for Standard Bank of South Africa. (4 marks)............................8
QUESTION 4: Use a suitable model to analyse the macro-environment of the banking industry where
Standard Bank of South Africa is operating.................................................................................................9
CONCLUSION.............................................................................................................................................10
REFERENCES..............................................................................................................................................11
NB: ENSURE THAT YOU EDIT TO MAKE YOUR OWN COPY, USING YOUR OWN WORDS BUT
FOLLOWING THE SAME OUTLINE IN ORDER TO NOT BE PENALISED FOR PLAGIARISM.
INTRODUCTION
This assignment evaluates the strategic positioning of Standard Bank of South Africa in
a dynamic and competitive banking industry. The first aspect covered in the assignment
is the use of the four-corner analysis to gauge the future strategy of First National Bank,
a key competitor for Standard Bank. Then the discussion evaluates the use of a cost
leadership by Standard Bank by assessing whether or not it is a suitable, feasible and
THE KNOWLEDGE GROUP
082 205 7431
ANSWERS FOR
MNG3701
ASSIGNMENT 2
2025 SEMESTER 1
THE KNOWLEDGE GROUP
WhatsApp/Call: 082 205 7431
THE KNOWLEDGE GROUP
082 205 7431
, Module: MNG3701
Assignment: 2
Semester: 1
Year: 2025
Table of Contents
INTRODUCTION...........................................................................................................................................2
QUESTION 1.................................................................................................................................................3
Question 1a: Briefly explain the ‘four-corner analysis.’ (1 mark).............................................................3
Question 1b: Identify one major competitor of Standard Bank South Africa. (1 mark)...........................3
Question 1c: Apply the four-corner analysis to analyse the identified competitor of Standard Bank
South Africa.............................................................................................................................................3
QUESTION 2.................................................................................................................................................5
Question 2a: Discuss what cost leadership entails. (2 marks)..................................................................5
Question 2b: Briefly discuss one practical way in which Standard Bank of South Africa can apply the
cost leadership strategy. (2 marks)..........................................................................................................5
Question 2c: Use the three evaluation criteria to evaluate the appropriateness of the cost leadership
strategy in relation to Standard Bank of South Africa. (6 marks).............................................................6
QUESTION 3.................................................................................................................................................7
Question 3a: Identify two of Porter’s Five Forces referred to in the above statement. Use the
identified forces to analyse the Banking industry in South Africa. (6 marks)...........................................7
Question 3b: Perform a SWOT analysis for Standard Bank of South Africa. (4 marks)............................8
QUESTION 4: Use a suitable model to analyse the macro-environment of the banking industry where
Standard Bank of South Africa is operating.................................................................................................9
CONCLUSION.............................................................................................................................................10
REFERENCES..............................................................................................................................................11
NB: ENSURE THAT YOU EDIT TO MAKE YOUR OWN COPY, USING YOUR OWN WORDS BUT
FOLLOWING THE SAME OUTLINE IN ORDER TO NOT BE PENALISED FOR PLAGIARISM.
INTRODUCTION
This assignment evaluates the strategic positioning of Standard Bank of South Africa in
a dynamic and competitive banking industry. The first aspect covered in the assignment
is the use of the four-corner analysis to gauge the future strategy of First National Bank,
a key competitor for Standard Bank. Then the discussion evaluates the use of a cost
leadership by Standard Bank by assessing whether or not it is a suitable, feasible and
THE KNOWLEDGE GROUP
082 205 7431
