MNG3701 ASSIGNMENT 2 SEMESTER 1 2025

Description

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)

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…. All questions have been answered……………