MNB3701 /0717513144
DISCLAIMER
The MNB3701 Report 1 is a product of internal and external research that
includes the study guide, prescribed text book and other authentic sources.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
MNB3701 /0717513144
, MNB3701 /0717513144
Table of Contents
Executive summary ........................................................................................................3
Literature search ............................................................................................................ 3
Background ....................................................................................................................3
Institutional factors affecting business ........................................................................... 5
Formal institutions .......................................................................................................... 5
Judiciary .........................................................................................................................5
Political systems ............................................................................................................ 6
Economic system ........................................................................................................... 7
Informal institutions ........................................................................................................ 8
Culture ........................................................................................................................ 8
Education ....................................................................................................................9
Religion .....................................................................................................................10
References ...................................................................................................................11
IMPORTANT NOTES TO CONSIDER ........................................................................ 12
MNB3701 /0717513144
DISCLAIMER
The MNB3701 Report 1 is a product of internal and external research that
includes the study guide, prescribed text book and other authentic sources.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
MNB3701 /0717513144
, MNB3701 /0717513144
Table of Contents
Executive summary ........................................................................................................3
Literature search ............................................................................................................ 3
Background ....................................................................................................................3
Institutional factors affecting business ........................................................................... 5
Formal institutions .......................................................................................................... 5
Judiciary .........................................................................................................................5
Political systems ............................................................................................................ 6
Economic system ........................................................................................................... 7
Informal institutions ........................................................................................................ 8
Culture ........................................................................................................................ 8
Education ....................................................................................................................9
Religion .....................................................................................................................10
References ...................................................................................................................11
IMPORTANT NOTES TO CONSIDER ........................................................................ 12
MNB3701 /0717513144