countries‚ victims of such workplace accidents would have been able to take advantage of insurance schemes. In Bangladesh‚ laws pertaining to group insurance have long remained in the books‚ but they have yet to become a reality for the country’s RMG workers. The recently passed Labour (Amendment) Act‚ 2013‚ has done little to ameliorate the situation. Workers’ Insurance Scenario in Bangladesh Pursuant to the amended Section 99 of the Labour Act‚ 2006‚ it is compulsory for there to be group insurance
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developing countries (Bheda et al 2002). Even though the labour cost is cheaper in developing countries than in developed countries‚ due to the specific market nature of the garment industries‚ for example the short production life cycle‚ high volatility‚ low predictability‚ high level of impulse purchase and the quick market response‚ garment industries are facing the greatest challenges these days (Lucy Daly and Towers 2004). Before 1980‚ customers tolerated long lead times‚ which enabled producers to minimize
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Background of AJI Group: AJI Group of concerns saw her emergence in the horizon of Readymade Garments Manufacturer in Bangladesh in the Year 1993 through creation of a small sewing unit called AJI Apparels Ltd. Through hard toil and perseverance‚ AJI managed to survive the difficult times in the early years. Amidst the constant battle for existence‚ AJI nonetheless stuck with her originally adopted principles of honesty‚ integrity‚ moral scruples and business ethics. And that probably had helped
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Industry of Bangladesh over the last three years Prepared for Mr. Arafat Rahman Course Instructor BUS 104‚ 18th Batch BBA Program October 03‚ 2009 Prepared by Muhammad Musfiqur Rahman ID: 18b931 Group Section no.: 01 The Development of the Tourism Industry of Bangladesh over the last three years Authorization Message September 03‚ 2009 BUS 104 Students‚ The purpose of this report is to familiarize students with the basic techniques and principles associated with writing a formal business report so that
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Operations Management Research in Cosmos Holidays Organization Executive Summary Operations management is certainly not an easy task at the same time not an impossible one. Some of the organizations manage their operations exceptionally while some mismanage. In most of the organizations some of its operations are good while some of them are bad. This paper reveals the operations management in Cosmos Holidays Organization. The operational areas in which the organization is good and the ones that
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Operations management refers to the complex set of management activities involved in planning organizing leading‚ and controlling an organization’s operations. At one time‚ operations management was considered the backwater of management activities – a dirty‚ drab necessity. This view has changed in recent years‚ as more and more managers realize how operations can be a “beehive” of activity with major financial consequences for any organization. For instance‚ to support the work of Johns Hopkins
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is the manufacturers of garments and retailers. Being specific‚ Its market are Baby boomers because as they are getting aged‚ they are gaining weight and losing their shape despite the diets they do. Since lycra is soft and strechable product‚ it easily streches and gives support‚ lift and control in bodywear which are significant for baby boomers. Another market for lycra is the female or women. A marketing research in europe found out that women preferred garments with durability‚ versatality
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Merchant Banking Operations in Bangladesh 1 A merchant bank is a financial institution which is primarily engaged in offering financial services and provides advice to corporations and to wealthy individuals. The term can also be used to describe the private equity activities of banking. Investment Banking is an American synonym of merchant banking. Investment banks provide advice on mergers and acquisitions and are involved in financing industrial corporations through buying shares and selling
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governance practices in the banking sector of Bangladesh. The study targets to identify the practices in different CG issues e.g. level of commitment to good corporate governance‚ effective board practices‚ control environment and processes‚ information disclosure and transparency‚ and shareholders rights. More specifically‚ the objectives of the study are to: • Investigate the commitment to implement good corporate governance practices among the banks in Bangladesh. • Know the role‚ duties
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What is Operations Management? Operation Management is concerned with any productive activity‚ whether manufacturing or service‚ in public sector or private sector‚ profit making or not profit making. It is concerned with ensuring that operations are carried out both efficiently and effectively. All mangers are operations managers since all functions within an organization are‚ presumably‚ productive activates it goes without saying that all function should be carried out efficiently and effectively
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