5 reviews for MNG3701 Assignment 2 Due 14 April 2025
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MNG3701 Assignment 2 Due 14 April 2025
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36 Downloads
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.’
(Michael Porter)
Drivers (Motivations behind their actions) – What internal or external factors influence the
competitor’s decisions? This includes leadership vision, market conditions, and financial
goals.
Current Strategy – What is the competitor’s present approach to competing in the industry?
This involves their business model, market positioning, and key focus areas.
Capabilities – What resources, strengths, and competencies does the competitor possess to
execute its strategy effectively? This includes financial resources, technology, and human
capital.
Management Assumptions – What beliefs does the competitor have about the market,
industry trends, and its own competitive position? This influences how they react to
challenges and opportunities.
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