Bussiness environment in Bangladesh Essay

Business environment:

The mixture of internal and external factors that affect a industry�s operating situation. The business environment can include factors such as: clients and suppliers; its competition and owners; advancements in technology; laws and government actions; and market, social and economic developments. Overview of organization environment in Bangladesh:

Political Environment:

This refers what is going on politically in the environment through which government operates the country which includes areas just like tax coverage, employment laws and regulations, attitude of government officials, types of government in power, environmental regulations, trade restrictions and reform, tariffs and personal stability. Promoting decision is usually strongly impacted by developments in political environment. This environment is composed of laws, government agencies, and pressure groups that affect and limit various corporation and industrial sectors. Sometimes these kinds of laws generate new possibilities for businesses. For instance , mandatory recycling where possible laws have given the recycling market a major boost and sparked the creation of a large number of new companies producing new products coming from recycled components. In Bangladesh, overall politics environment is definitely not good. Simply because there political authorities is certainly not stable, often change the federal government. Strike, file corruption error is common affair in Bangladesh. Only one issue is good for business that may be tax insurance plan. In Bangladesh tax rate is very low. Economic Environment:

This kind of refers what is happening within the economic system, for example; economic growth/ drop, interest rates, require, exchange prices and inflation rate, income rates, minimal wage, working hours, unemployment (local and national), credit availability, cost of living, etc . In UK, prior to one and half season their economic climate was very strong. But at this time their monetary condition is usually not good, due to financial hardship. So many people have lost their task as wells lost all their purchasing power. Here, likewise minimum wage rate is likewise high. And this condition just isn't good for organization. But in UK, demand of coffee & sandwich and also other fast food is incredibly high. Financial institution interest rate as well favourable for business. In Bangladesh overall monetary condition growing up nevertheless so slowly and gradually. There are also having demand of coffee, sandwich & other fast food. But in generally, profits level of Bangladeshi people is extremely low. So , in spite of require, Bangladeshi persons cannot obtain these types of meals. On the other hand, lowest wage price is very reduced Bangladesh. Bank interest rate as well not very large. It is very great for business. Socio-cultural Environment:

Every society provides different social norms and characteristics that explain how people in this society live. Socio-cultural Environment refers that what is developing socially in the markets, ethnic norms and expectations, health consciousness, populace growth rate, age syndication, career behaviour, emphasis on safety, global warming, terminology, education levels etc . In Bangladesh have a big population. It is a very best for business, specifically food sector. Because more population, even more consumer. Right now there, education level is pretty good. English is the second language of Bangladesh. It is just a good for foreign investor. In Bangladesh most people are Muslims. They are strictly avoiding the " Haram”food. Technological Environment:

Technology is actually a major environmental influence upon the advertising firm. This affects not simply the business's operations and products nevertheless also consumers' lifestyles and consumption habits. Management should be aware of the effects of technical changes. The effect of new technology has been specifically marked inside the marketing study area. Technology also impacts the way in which products are distributed and advertised. The economy's growth price is afflicted with how many major new technologies are discovered. New technologies will be continually being developed plus the rate of change by itself is elevating. There are...



News

 Matrix of 7 Ritual Sacrament of the Church Research Daily news

Matrix of 7 Ritual Sacrament of the Church Research Daily news

?Matrix for the 7 Practice Sacraments from the Church? SacramentBiblical BasisCentral WordsCentral ActionsEffectsMinisters BAPTISM In Christianity, baptism is perfect for the majority the rite of admission (or adoption)…...

 Personal Statement-Msc Accounting Dissertation

Personal Statement-Msc Accounting Dissertation

Personal Affirmation -- Msc Accounting & Finance for LSE Within this dire economic times, the emphasis on quality accounting and finance practice is more than ever. These…...

 Morality of Management Income Essay

Morality of Management Income Essay

Morality of Earnings Managing FIN400-2 – Analyzing Economical Statements The state of colorado State School – Global Campus Jill Bale September 11, 2013…...

 The Emblematic Use of Character in the Loving Period Essay

The Emblematic Use of Character in the Loving Period Essay

LITR 211 The english language Literature 18th Century to the current Week 6th January 15, 2012 Essay #1 " The symbolic use of characteristics…...

 Ikea - Global Advertising Report Article

Ikea - Global Advertising Report Article

IKEA Case Study Report Tarek Salam & Maximilien Abrezol Stand of Content 1 . Introduction2 1 . 1 ) Ikea Company2 …...

 A model of limestone drier Essay

A model of limestone drier Essay

Limestone dryer and cement spinning dryer broadly are used in beneficiation procedure, mining, metallurgical industry, construction, road and railway building the rotary dryer is known as a type of industrial…...