INTRODUCTION The textile industry has an overwhelming influence in the economic development of India. Through its contribution to the industrial output‚ employment generation and export earnings‚ the industry plays a very important role in the Indian economy. Currently‚ it contributes about 14 percent to industrial production‚ 4 percent to the GDP‚ more than 12 percent to the country’s export earnings‚ and provides direct employment to over 35 million people. Post MFA (Multi Fibre
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EXECUTIVE SUMMARY The Objectives.. ❖ To be a World Class Provider of BATIK Garment Industry Our Mission.. ❖ Our vision is to focus on offering range of quality batik products to our customers‚ and introduce Malaysian Batik to the people all over the world. We would like to penatered US market and introduce variety product that can produce with Batik. It is the opportunity for batik business to improve it profitability and competitiveness. The Opportunities..
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Distinguish between primary data and secondary date and illustrate your answer. Primary data is data which has been collected by you‚ which is more reliable and up to date. Secondary data has been collected from a secondary source (Other people‚ business etc.) so it may not be valid or up to date. "Secondary data" are data that were collected for another reason but is being re-purposed to address the need at hand. When describing the expertise of data analysts‚ it is not uncommon to distinguish between
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Introduction. The business cycle or economic cycle refers to the ups and downs seen somewhat simultaneously in most parts of an economy. The cycle involves shifts over time between periods of relatively rapid growth of output (recovery and prosperity)‚ alternating with periods of relative stagnation or decline (contraction or recession). These fluctuations are often measured using the real gross domestic product. To call those alternances "cycles" is rather misleading‚ as they don’t tend to repeat
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perspective may seem like a significant increase‚ from a country’s perspective the growth is mediocre. This growth in real GDP ranks Uruguay as 94th world-wide in GDP purchasing power parity. Uruguay’s economy is in an expansionary peak phase of the Business Cycle as evidenced by the fact that GDP (purchasing power parity) was $44.029 billion in 2009 due to the world-wide economic crisis as a result of the United States’ Great Recession. Therefore the 2013 Uruguay rGDP of $56.27 billion shows a strong rebound
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TEXTILE & GARMENTS INDUSTRY PROFILE A. Definition of Industry 1. Description The history of the Albanian textile and garment industry lies in an almost 40 year’s period of state owned enterprises‚ which operated under the centralized socialist economy. The previous industry production was derived through a large domestic valuedadded chain that used to produce from fiber until final product. Industry mainly supplied the domestic market‚ while exports were managed by a single government agency. After
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disadvantages to the business face when they try to behave in an ethical way? With the development of the global economy‚ business companies are facing many business challenges in the age full of competition. And business challenges will produce some different values‚ such as child labor‚ human rights‚ hours and wages and environmental laws (Luminita and Constantin‚2006). Therefore‚ business companies need to pay more attention to the business ethics. What is more‚ ethical business is study of
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International Business Versus Domestic Business The impact of China’s new membership in the World Trade Organization is much debated‚ but most agree that inflows of foreign direct investment will pick up. Foreign firms will have unprecedented access to geographic regions and economics sectors but must contend with China’s general lack of codified laws‚ the regional diversity of "legal systems" and practices‚ and the absence of case precedents. A literature survey and in-depth interviews with business and
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will increase to 6% in 2006 and 2007 (ADB‚ 2005). Bangladesh’s total GDP stood at $275 billion in 2004‚ and per capita GDP was $2‚000 (adjusted for purchasing power). The ready made garments industry started in our country as a non-tradition sector with a narrow export rise in the late 1970s. The garments industry enjoyed a tremendous rise of 30 enterprises in 1980 increase to about 4825 on 2007-08 fiscal year. Out of 3.1 million manpower employed in factories‚ 2.38 million are women (85%)
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Business Cycle: The business cycle is the cycle of short-term ups and downs in the economy. The recurring and fluctuating levels of economic activity that an economy experiences over a long period of time are called business cycle. At one time‚ business cycles were thought to be extremely regular‚ with predictable durations‚ but today they are widely believed to be irregular. Economic growth is not a steady phenomenon; rather‚ it tends to exhibit a pattern as follows: 1. Contraction 2. Recession
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