Nobody downloaded yet

Business in Bangladesh - Research Paper Example

Comments (0) Cite this document
Summary
Name Subject Professor Introduction Developing countries are characterized by poverty and the poor people who live in these areas. However, amidst all the financial problems that these people may have, they are still considered as potential customers for businessmen who want to expand their business in the developing part of the world…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Business in Bangladesh
Read TextPreview

Extract of sample "Business in Bangladesh"

Download file to see previous pages Businessmen may also be faced with the problem of looking for employees who are skilled enough to do the work needed. These are just examples of what businessmen should take into consideration before even attempting to tap into a developing country. I have chosen Bangladesh as the subject developing country for this research paper. As a developing country, it may seem, on its face, that Bangladesh is not usually considered as a profitable country to do business in. However, if we were to omit the financial condition of the Bangladeshis and focus instead on the resources of the country, the situation would be different. Bangladesh is home to an abundant source of agricultural products, particularly coal and gas, as well as other raw materials such as “lime stone, silicone sand and hard rock,” all of which are used in a variety of industries. At the moment, the country is focused on the garments and textile industry, particularly in the export of cotton materials. Other industries that Bangladesh is involved in include the “tea processing, paper newsprint, cement, chemical fertilizers, sugar and light engineering” (Bangladesh.com). ...
The country is, at the moment, already heavily competing with other garments producers such as China, because aside from the cheap labor available, the production of garments do not require the worker to be literate, let alone with an academic degree (Bajaj). Findings In the previous paragraph, pointed out that Bangladesh is already engaged in quite a number of business industries and the country is also rich in natural and agricultural resources. What with all their resource wealth, the country would have been a developed country by now. However, this is obviously not the case because the Bangladeshis fail to utilize what they have properly. Because of the lack of technology and communication systems available, utilization of resources is indeed a challenge. This fact also triggers in an investment drought, where businessmen are afraid to invest in such a country, because they may end up spending more than what they get in return. Before embarking on a business project, businessmen have to first determine the “core competencies and strengths” of the area where they plan to do business in. To do this, there is a need for companies to seek help from government agencies and other organizations or groups in their target area so they can learn more about the people who live in the same (Engel). Indeed, a smart business move would be to first conduct a thorough study of the business location, the people who are expected to work in the company and the target consumers. In the following sections, I shall point out the factors that contribute to the business environment of a place, and how these factors affect the success of a business. Culture ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business in Bangladesh Research Paper Example | Topics and Well Written Essays - 2500 words”, n.d.)
Business in Bangladesh Research Paper Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/business/1402736-read-the-instructions-
(Business in Bangladesh Research Paper Example | Topics and Well Written Essays - 2500 Words)
Business in Bangladesh Research Paper Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/business/1402736-read-the-instructions-.
“Business in Bangladesh Research Paper Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/business/1402736-read-the-instructions-.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business in Bangladesh

Global Business Cultural Analysis: Bangladesh

...? Global Business Cultural Analysis: Bangladesh Introduction This research paper concerns about the cultural perspectives of doing business in another nation. The paper has a detailed analysis of cultural elements and dimension of Bangladesh. A detailed analysis of the cultural elements of US has also been covered in this paper to find out the issues in terms of business culture of US organization can be find out in a US organization if it wants to start business operation in Bangladesh. As the culture of people and also the organizational or business culture of the both the countries are different so a US company might face some issues in terms cultural diversity among the employees and also to understand the consumer behavior... of the...
14 Pages(3500 words)Research Paper

Strategiy/Reform Plan for Bangladesh

.... As it is seen that “implementation is a key to developmental reform”, any attempt for it should not be limited to central government level alone, but should include local level application as well (Goodman, pp.127). Examples of China and East Asian newly industrializing economies show that compared to East Asian NIEs, who implemented reforms in centralized mode, in China, where regional strategies were adopted, better results were seen (Goodman, pp.128). In Bangladesh also, its high time developmental reforms are initiated, with a focus on local level implementation. Challenges Rising food prices are provoking riots in Bangladesh (The LDC Report 2008, pp.83). The overseas developmental assistance...
3 Pages(750 words)Essay

Why are Chinese factories turning to Bangladesh

...?Why Are Chinese Factories Turning To Bangladesh? Table of Contents Introduction 3 Thesis ment 4 Globalisation as a Driving Force for Chinese Factories to Turning to Bangladesh 4 Classifying the Political and Economic Conditions of China and Bangladesh 6 The Role of Stakeholders with an Interest in the Situation 7 Critically Evaluation of the Objectives of Government 8 Conclusion 9 Works Cited 11 Introduction Over the previous decade, globalisation has been a major driving force which has influenced many business entities to expand and to operate their activities beyond the shores of their own country (A Global Ethic Now, “Driving Forces Behind Globalisation’). This...
8 Pages(2000 words)Essay

Islamic Banking in Bangladesh

... awareness they should provide more advertisement. By maintaining more and more CSR (Corporate Social Responsibility) they should increase their public image. They should propose to the Central Bank to develop Islamic Inter-Bank money market. References: 1. Ali M. H (2001), A Hand Book of Islamic Banking and Foreign Exchange Operation, 3rd edition, Dhaka. 2. Bhattacharjee, D. and Kumar, S. Saha (1989), "An Evaluation of Performance of NCBs in Bangladesh", Bank Parikrama, Volume - XIV 3. Chakma P.B, Islam M.S, Karmaker S.S (December 1995), Managerial Performace of Islamic Bank: A Critical Review, Journal of Business Studies, Dhaka University, Volume- XVI No.2. 4. Devnath, R.M (2004), "Bangalir Bank Babyasha", 1st edition, Nabajug... Research...
12 Pages(3000 words)Essay

Bangladesh

..., medium-scale and cottage industries. Consistent planning and execution of educational schemes must be in place if the country has to catch up with the moderate economies of the world. (Trade and Gender in Bangladesh) 4. Obstacles to development for Bangladesh. Poverty, illiteracy and corruption are the biggest obstacles to the process of development in Bangladesh. The awareness of human rights and law and order issues is low. There is little tolerance for free speech and criticism, although the government swears by reformation in public administration and judicial system. The rich, influential and powerful are too busy with their own affairs and survival to spare a...
6 Pages(1500 words)Essay

Country Analysis Bangladesh

...s Country Analysis - Bangladesh POPULATION Population Density: Bangladesh's population density providesevidence of the problems the nation faces. In 1901 an average of 216 persons inhabited one square kilometer. By 1951 that number had increased to 312 per square kilometer and, in 1988, reached 821. By the year 2000, population density was projected to exceed 1,000 persons per square kilometer. rank country area sq.km. population 2005-07-01 est. humans per sq.km. 1. Bangladesh 144,000 144,319,628 1,002 2. Taiwan 35,980 22,894,384 636 3. Occupied Palestinian Territory 6,220 3,761,904 605 4. Korea, South 98,480 48,422,644 492 5. Puerto...
4 Pages(1000 words)Essay

Micro-Finance in Bangladesh

... Micro-Finance in Bangladesh Introduction Stakeholders are the “persons, groups or organizations that have a direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies” (www.businessdictionary.com). The classification of stakeholders into internal and external stakeholders as two sub classes helps to understand the division between the two. For example internal stakeholders include employees directors, managers etc. while the latter includes creditors, customers, local authorities, regulators, shareholders, suppliers, government etc. Project governance consists of a number of activities such as those related to corporate decision making... and...
2 Pages(500 words)Essay

Strategiy/Reform Plan for Bangladesh

...Strategy/Reform Plan for Egypt Social Preconditions that have led to the Current Events in Egypt Repression may lead to the concentration of power and this repression may or may not help. political repression is the persecution of members of a society by restricting their ability to participate in political and social activities. The power tends to incline towards a small segment of the population leading to a form of control that is not balanced. The control is over the use of the national resources. In the light of the upheavals that have happened in Egypt, the social cause was a result of unbalanced control of the national resources (Iqbal, 2011). The lack of an orderly mechanism to curb such development, rebellion must occur...
3 Pages(750 words)Essay

Child Labour in Bangladesh

.... Whereas understanding the definition of child labour is of utmost importance, it is necessary for the reader to come to an understanding of the fact that this definition is not static and has changed a great deal over the past several decades. Hosen, M, Khandoker, M, & Islam, S 2010, Child Labour and Child Education in Bangladesh: Issues, Consequences and Involvements, International Business Research, 3, 2, pp. 1-8, Business Source Complete, EBSCOhost, viewed 3 November 2013. This article traces the fact that child labour necessarily has a negative impact with regards to overall education and the level to which children can seek to perform their school tasks and/or gain an education...
6 Pages(1500 words)Essay

Assess the impact of international business on social and economic conditions in bangladesh

...number Wage and international business A wage is a form remuneration extended to an employee by an employer on a given task. The remuneration can be on the basis of the work done or the number of hours the employee as performed a given task. In Bangladesh, both methods are used to remunerate the employees. Recently they have been discussion over the minimum wage an employer should remunerate his/her employees. Bangladesh is well known for her export in garments which is the leading foreign currency earner. However, the individuals involved in the production process get mere peanuts which had impacted on their living standards. Workers were forced to go to the streets to fight for their...
2 Pages(500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Business in Bangladesh for FREE!

Contact Us