INTRODUCTION Article 77 of the Constitution’ provides "77(1) Parliament may‚ by law‚ provide for the office of Ombudsman. (2) The Ombudsman shall exercise such powers and perform such function as Parliament may‚ by law‚ determine‚ including the power to investigate any action taken by a Ministry‚ a public officer or a statutory public authority. (3) The Ombudsman shall prepare an annual report concerning the discharge of his function and such report shall be laid before Parliament." So‚ when
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Financial System of Bangladesh The Financial System is a set of institutional arrangement through which surplus units transfer their fund to deficit units. At present the financial system in Bangladesh is mainly composed of two types of institutions like banks and non-bank financial institution (NBFIs). The formal financial sector in Bangladesh includes: (a) Bangladesh Bank as the central bank‚ (b) 48 commercial banks‚ including 4 Government owned commercial banks‚ 30 domestic private banks (PCBs)
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industrial sector in Bangladesh. Before the advent of leasing companies in Bangladesh commercial banks and development finance institutions (DFIs) have been the traditional lending institutions in Bangladesh. In fact‚ the concept of lease financing is a relatively new one in the country. Initially‚ leasing companies had to adopt the role of educators to make Bangladeshi entrepreneurs aware of the benefits of leasing. However‚ Lease financing was first introduced in Bangladesh in the early 1980s
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Industry Background The industry of RMG is one of the most potential and revenue earning sector of Bangladesh. The standing of the RMG market is known worldwide. It was started in the late 1970s. Soon it became one of the major economical strength for Bangladesh. The RMG sector has added very much in earning foreign exchange‚ balancing export and import‚ huge unemployment problem for the country and empowerment of women along with giving them financial support. The main markets of the Bangladeshi
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Bangladesh has a subtropical monsoon climate characterized by wide seasonal variations in rainfall‚ moderately warm temperatures‚ and high humidity. Regional climatic differences in this flat country are minor. Three seasons are generally recognized: a hot‚ humid summer from March to June; a cool‚ rainy monsoon season from June to October; and a cool‚ dry winter from October to March. In general‚ maximum summer temperatures range between 32°C and 38°C. April is the warmest month in most parts of
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“Jensen Shoes” Case Analysis What was Brooks’ perception of Kravitz’s abilities‚ attitudes and motivations? Lyndon Brooks’ perception of Jane Kravitz’s abilities was initially good. Prior to being assigned to her team‚ Brooks knew of Jane from other work‚ and she had made a good first impression. Although somewhat dismayed by what seemed to be a demotion to Brooks‚ he was excited for the opportunity to begin anew and prove himself‚ and working for Kravitz was fine with him. However‚ beginning
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CHAPTER 1 INTRODUCTION Shoe polish is a product used to shine‚ polish‚ and protect leather footwear. Polishing shoes will increase their life span. In present times‚ everybody always use shoe polishers for their shoes to look presentable and fabulous to walk with attractive thus boosting more confidence to its beholder. But no everyone knows that traditional shoe polish which are available in market made of harmful chemical and synthetic ingredients which has a bad door. Since
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estimate of income and expenditure for a set period of time is called budget. A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by a country‚ individuals or by companies to estimate whether the country /person/company can continue to operate with its projected income and expenses. The finance minister‚ AMA Muhith‚ has proposed national budget for fiscal year 2012-13 on June 7‚ 2012 with a total outlay of Tk 1‚91‚738 crore which consists
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elements that prevent Bangladesh from becoming a more economically developed country. Lack of education limits the people in Bangladesh‚ which leads to limiting Bangladesh’s economical development. There are various factors why education leads to Bangladesh economical issue. East Pakistan gained independence from West Pakistan and Bangladesh was formed in 1971 (State Gov). From 1971 to 1991 there were various military coups and dictators who came to power (State Gov). In 1991 Bangladesh Nationalist Party
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applying various approaches. Some merely cut costs and anticipate preserving sales/ revenue. Others cut production and channel the savings to the customers in an effort to radically increase sales to surge profit. As in our scenario above Grosgover Ltds decision to change from a local to an overseas supplier is projected to drop 10% in material cost‚ a variable cost. Variable costs are contingent to sales since they rely on costs of direct materials as well as labor; it is pertinent to mention that
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