Principles of Global Business Management
(ASSIGNMENT NO.2)
REPORT 1
(UNIQUE NUMBER: 816806)
by
(Student number: insert student number)
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: ______________________________________
Student number: ______________________________________
Signature: ______________________________________
(electronic/digital handwritten signature/initial[s] and surname)
, Table of Contents
Executive summary .................................................................................................... 4
Literature search ........................................................................................................ 4
Background ................................................................................................................ 5
Formal institutional frameworks .................................................................................. 7
Evaluation of the aspects of the workings of formal institutions are key to the success
or failure of the MNE .................................................................................................. 8
Informal institutional frameworks .............................................................................. 10
Evaluation of the aspects of the workings of informal institutions are key to the success
or failure of the MNE ................................................................................................ 12
Conclusions.............................................................................................................. 14
Bibliography ............................................................................................................. 14