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Exam (elaborations)

MNG3701 Assignment 2 Semester 1 2025 - Due 14 April 2025

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Questions Strategic leaders can analyse a particular competitor in the industry in detail by applying the four-corner analysis to predict what a particular competitor will do in the future. Identify one major competitor of Standard Bank of South Africa and apply the four-corner analysis to analyse the competitor. a) Briefly explain the ‘four-corner analysis.’

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Uploaded on
February 3, 2025
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Written in
2024/2025
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MNG3701
ASSIGNMENT 2 2025
DUE 14 APRIL 2025




SEMESTER 1 2025

, Table of Contents


Introduction…………………………………………………………………….2
Purpose and Structure of the Document …………………………………… 3


Strategic Visualization


Definition and Role of Visualization in Strategic Management …………….4
Benefits of Visualization for Organisational Strategy ……………………… 5


Porter’s Five Forces Analysis


Explanation of Porter’s Five Forces Model …………………………………..6
Application to the South African Banking Industry ……………………….…7
Analysis of Competition, Supplier Power, and Buyer Power ………………8
SWOT Analysis of Standard Bank


Internal Strengths and Weaknesses of Standard Bank ………………….…10- 19
External Opportunities and Threats in the Banking Industry ………………. 20
How SWOT Helps Standard Bank in Strategy Formulation ………………… 20
PESTE Analysis of the Banking Industry


Political and Legal Forces Affecting Banking ………………………………..20
Economic Forces and Market Trends ………………………………………… 21
Social, Technological, and Ecological Factors ……………………………… 22


Conclusion…………………………………………………………………….….24


References……………………………………………………………………….25




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