MBA Stage 1 – 1st Managerial Environment (MEN) Assignment
By
Bandile Mkumatela [7703215554082]
For
Milpark Business School, 1st September 2009
Table of Contents
1. Executive Summary
2. Question 1
Anti-competitive behavior in the wheat-to-bread value chain
1. Description of the industry
2. The extent and nature of anti-competitive behavior
3. Anti-competitive behavior consequences
4. References
3. Question 2
South African Inflation targeting
1. Rational for adoption inflation targeting
2. South Africa’s experience with inflation targeting
3. The inflation targeting debate
4. Alternative macro economic policy
5. References
4. Question 3
Mvume Communications – Theory of the firm
1. Introduction
2. Pricing Strategy
3. Short term profit maximization
4. Long term profit maximization
5. References
Executive Summary
The paper critical evaluate three important aspects of economics, Question 1, being an evaluation of the nature, extent and consequences of anti-competitive behavior in a named sector of the South African economy. Question 2, explains how new a macro economic policy it would impact on the aggregate and the consequences thereof. Question 3, talks Mvume PTY Ltd as new entrance in the mobile telecommunication industry, which strategy to implement when entering, and how to maximize profits in the long and short rum. Each of the heading ends with a brief conclusion followed by a list of refences.
Question 1
Anti-competitive behavior in the wheat-to-bread value chain
1. Description of the industry
Maize and wheat are the second most important grain crops produced in South Africa and are of primary economic importance as they contribute significantly towards the total grass value of agricultural production. Wheat contributed approximately 3 % to the gross value of agricultural production...