ETHICS: AN ANALYTICAL LOOK INTO THE GARMENTS INDUSTRY OF BANGLADESH 1. Introduction 1.1 Background The growth of ready-made garment (hereafter referred as RMG) industry is one of the most significant socio-economic developments in contemporary Bangladesh. The country emerged as a garments exporter in 1977 when the first consignment was exported to the then West Germany by Jewel Garments. Since then the RMG industry in Bangladesh has grown phenomenally. In the 1980s‚ there were only
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MACROECONOMIC ANALYSIS The Ready-Made Garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner. The last 20 years witnessed unparalleled growth in this sector‚ which is also the largest exporting industry in Bangladesh. It has attained a high profile in terms of foreign exchange earnings‚ exports‚ industrialization and contribution to GDP within a short span of time. The industry plays a significant role in terms of employment generation. Nearly two million workers
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that we can analysis the readymade garment (RMG) sector of Bangladesh and find out the problems and remedies of this sector. Objectives of the study: The main objectives of this report are * To gain knowledge about the industrial unrest in the readymade garments industry of Bangladesh. * To identify the problems of RMG sector of Bangladesh. * To analysis the problems of this sector. * To fine out the remedies that could solve the problems of RMG sector. * To gain in-depth knowledge about
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CGE25101 Globalization and Business Tutorial 12 Discussion Question: The Porter’s Diamond Michael Porter put forth a theory in 1990 to explain why some countries are leaders in the production of certain products. His work incorporates certain elements of previous international trade theories but also makes some important new discoveries. He identifies four elements present to varying degrees in every nation that form the basis of national competitiveness. Analyze the current situation of Japan
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“Critically discuss to what extent Porter’s Diamond is a useful concept in explaining home and host location strategies of international business? Illustrate your answer with references to at least two case companies” The main aim of International business is to build and sustain competitiveness for economic value creation in both domestic and overseas markets (Besanko et al. 2007). Internalisation business theory however has a variety of models that can identify the environmental analysis of specific
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1. Reading for this Lecture Porter M. (1990)‚ The Competitive Advantage of Nations‚ Chapters 3&4 2. Why Location Matters The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process. There are five premises we must understand relating to national advantage: 1) The nature of competition and the sources of competitive advantage differ widely among industries and industry segments
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Growth of RMG Sector in Bangladesh Prepared by Tasnia Tajin 12364046 Tasnim Khanam Alis 12364048 Course Name: Managerial Economics (Microeconomics) Course ID: ECO 501 Submitted to Dr. Sayera Younus Date: 14. 12. 2012 Contents 1. Abstract 2. Introduction 3. History 4. An Overview of the Bangladesh Ready Made Garment Industry 5. Growth of RMG industry in Bangladesh 6. Reasons behind the Growth of RMG Industry in Bangladesh 7. Challenges faced by the RMG sector in
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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 RMG products are North
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Letter of Transmittal To Ms. Shahreen Sonia Lecturer in Accounting & Supervisor of Dissertation Faculty of Business Studies Green University of Bangladesh Subject: Submission of the Dissertation report. Dear Madam‚ It is a great pleasure to permit to complete dissertation on “Introduction to Islamic Banking of Bangladesh”. That has been given Permit ion to doing research me for the partial fulfillment of the requirements of EMBA program. I will try my level best to prepare report
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Compliances Issues of RMG in Bangladesh Main uddin ID 51 Department of International Business Introduction The buyers of readymade garments (RMG) products from Bangladesh have been more and more insisting on the observation of various standards in the RMG industries. In fact‚ these have become like non tariff barriers in the way of export of RMG products. Law makers‚ environmental and different civic groups in the importing countries have been making demands
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