2022
GLOBAL BUSINESS
MANAGEMENT 1A (MNB3701)
ASSIGNMENT 2 SOLUTIONS
SEMESTER 1,2022
ASSIGNMENT 02 SOLUTIONS SEMESTER 1 2022
MEL
,ACADEMIC DECLARATION
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:
Date:
1|Page
, TABLE OF CONTENTS
1. Executive summary .......................................................................................................... 4
2. Literature search .............................................................................................................. 5
3. Background ....................................................................................................................... 6
4. Formal institutional frameworks .................................................................................... 8
4.1. Overview ................................................................................................................ 8
4.2. Evaluation of the determinants to the success or failure of an MNE in a
formal institution and key implications for management action of formal
institutions ............................................................................................................ 9
5. Informal institutional frameworks ............................................................................... 10
5.1. Overview ............................................................................................................. 11
5.2. Evaluation of the determinants to the success or failure of an MNE in an
informal institution and key implications for management action of
informal institutions .......................................................................................... 13
6. Conclusions ..................................................................................................................... 16
7. Bibliography .................................................................................................................... 17
2|Page
GLOBAL BUSINESS
MANAGEMENT 1A (MNB3701)
ASSIGNMENT 2 SOLUTIONS
SEMESTER 1,2022
ASSIGNMENT 02 SOLUTIONS SEMESTER 1 2022
MEL
,ACADEMIC DECLARATION
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:
Date:
1|Page
, TABLE OF CONTENTS
1. Executive summary .......................................................................................................... 4
2. Literature search .............................................................................................................. 5
3. Background ....................................................................................................................... 6
4. Formal institutional frameworks .................................................................................... 8
4.1. Overview ................................................................................................................ 8
4.2. Evaluation of the determinants to the success or failure of an MNE in a
formal institution and key implications for management action of formal
institutions ............................................................................................................ 9
5. Informal institutional frameworks ............................................................................... 10
5.1. Overview ............................................................................................................. 11
5.2. Evaluation of the determinants to the success or failure of an MNE in an
informal institution and key implications for management action of
informal institutions .......................................................................................... 13
6. Conclusions ..................................................................................................................... 16
7. Bibliography .................................................................................................................... 17
2|Page
