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MNG3701 Assignment 2 Semester 1 - DUE 14 April 2025

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MNG3701 Assignment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 1 2025 - DUE 14 April 2025 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Questions Marks 1 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.’ (1 mark) b) Identify one major competitor of Standard Bank South Africa. (1 mark) c) Apply the four-corner analysis to analyse the identified competitor of Standard Bank South Africa. (8 marks) 10 2 The report states that South Africa’s credit recovery remained strained with high inflation, tighter credit conditions, a weaker rand, interest rate increases, and an increase in unemployment. As an expert in strategic planning, advise Standard Bank of South Africa on the reasons why the cost leadership strategy would be an appropriate Business-level strategy to follow. Hint: a) Discuss what cost leadership entails. (2 marks) b) Briefly discuss one practical way in which Standard Bank of South Africa can apply the cost leadership strategy. (2 marks) c) Use the three evaluation criteria to evaluate the appropriateness of the cost leadership strategy in relation to Standard Bank of South Africa. (6 marks) 10 3 Standard Bank of South Africa report mentions the following: “We compete head-on with the other South African players who have a similarly broad offering as well as with new entrants with more niche offerings”. a) 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) b) Perform a SWOT analysis for Standard Bank of South Africa. (4 marks) 10 MNG3701/101/3/2025 4 Use a suitable model to analyse the macro-environment of the banking industry where Standard Bank of South Africa is operating. Hint: your analysis should include five (5) factors. Explain each factor and discuss the impact of each on a company such as Standard Bank of South Africa.

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MNG3701
ASSIGNMENT 2 SEMESTER 1 2025

UNIQUE NO.
DUE DATE: 14 APRIL 2025

, MNG3701

Assignment 2 Semester 1 2025

Unique Number: 198635

Due Date: 14 April 2025

Strategic Planning IIIA

Question 1: Four-Corner Analysis of a Competitor

a) Briefly explain the ‘four-corner analysis.’ (1 mark):

1. Motivations (Drivers): What drives the competitor? This could be their goals,
ambitions, or pressures.
2. Assumptions: What assumptions does the competitor have about themselves,
the market, or the industry?
3. Strategy: What is the competitor currently doing to compete?
4. Capabilities: What are the competitor’s strengths, resources, and weaknesses
that impact what they can and cannot do?

b) Identify one major competitor of Standard Bank South Africa. (1 mark)
One major competitor of Standard Bank in South Africa is First National Bank (FNB).

c) Apply the four-corner analysis to analyse FNB. (8 marks)

1. Motivations (Drivers):
o FNB is driven by its strong focus on customer-centric innovation and
providing cutting-edge digital banking services.
o It aims to remain a leader in technology adoption and attract a younger,
tech-savvy market.
o The bank is also motivated to grow its market share by offering
competitive fees and tailored products for businesses and individuals.

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