Pest analysis on rmg sectors in bangladesh essay

Among the very few suppliers, Bangladesh imports most of its raw materials, but utilizes other factors of production to produce in a cheaper manner. Thus it is a challenge for RMG sector in Bangladesh to get right quantity of fabrics. There may be success in some areas.

But Bangkok is one of the expensive cities in the Asian continent.

Pest Analysis on Rmg Sectors in Bangladesh Essay

There are often face to face clashes among the leading political parties. For them, indeed jobs will remain insecure and low paying. Government policies for Foreign Investments: The failure to enhance the supply of quality education and good health is likely to create another threat. Since that time Bangladesh is facing huge challenges, including a political and economic, serious poverty problems as one of the world's poorest countries, annual floods on its low-lying coasts, power shortages and rampant corruption.

Corruption is certainly high. Most of them are imported. The sector has created employment opportunities for about two million people of which 70 percent are women who mostly come from rural areas. I enjoyed the whole travel very much. The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business.

It is shaping itself as a potential market player by providing the most quality with the cheapest price possible. By clicking "SEND", you agree to our terms of service and privacy policy. But now people are getting more and more liberal.

This sector will remain in intense competition in the context; it is very necessary to find out opportunities and challenges of RMG industry of Bangladesh in order to face firm competition in the free market environment.

Bangladesh has a good reputation in terms of timely payment to the suppliers.

Pestle Analysis Biman Bangladesh Airlines

Hence it is quite apparent that this sector has played a massive role in the economic development of the country. RMG exports have grown rapidly after extensive trade and other economic reforms were undertaken in the early s.

Recognizing the bright future of IT, a large number of students, young professionals and businessmen are taking keen interest in acquiring knowledge about computers and its applications. Society and culture is an important factor that must be given emphasis by any business, specifically those who are operating in the global arena.

It should focus on placing more orders instead of making its export rates efficient and strong. Without social values we cannot grow up as a complete social man.

We are doing well in Page 8 the US because our garment industry is highly competitive.

Assignment Of RMG Sectors Pest Analysis

Bangladesh is providing a large space of choice to the provider in terms of quality and cost. The main purpose of conducting a SWOT is to get a sense of the relevant issues of taking strategic decisions-- of priorities, of possibilities, and of dangers.

We went there by Bangkok Airways.

PEST Analysis of the RMG industries in Bangladesh Essay

ICT is seen Page 14 as an umbrella term for a range of technological applications such as computer hardware and software, digital broadcast technologies such as radio and television, telecommunications technologies such as mobile phones, and electronic information resources such as the world-wide web.

More than half of the GAP belongs to the service sector; nearly half of Bangladesh are employed in the agriculture sector, with ARM, fish, vegetables, leather and leather goods, ceramics, rice as other important produce.

Essay Example: Assignment Of RMG Sectors Pest Analysis

Bangladesh has this advantage against its rivals. Not only Bangladesh people visit there but also foreigners. The country's recognition as low cost-high quality apparel production base resulted in apparel production boom.

For instance, work on gas transmission lines has started in order to increase the supply of gas for electricity generation over the next few years. Assignment of RMG sectors Pest analysis of Bangladesh Submitted to Course Coordinator Business and Environment (BUS ) Brac Business School Brac university Submitted By ID Submission Date: The Ready-Made Garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner.

PEST Analysis of the RMG industries in Bangladesh Introduction: The readymade garment sector plays a very significant role in the national growth and socio-economic development of Bangladesh. Pest Analysis on Rmg Sectors in Bangladesh Essay There are no hotels and restaurants so tourist can’t stay at night.

Moreover, e saw many things like, Matting’s Coop, different different fishes and crabs in tenant beach, many animals in safari park, falls, hills, beaches, islands, and temples and so on around the Cox’s bazaar. PEST ANALYSIS OF BANGLADESH y y y USMAN AHMAD BUTT (R#) HAFIZ M. RAUF (R# ) FARHAD HUSSAIN (R#) BBA(Hons)~ C ~ 6th 1 dates mostly from the period of British agronumericus.coming to the gradation by the International Monetary Fund.

Pest Analysis on Rmg Sectors in Bangladesh

The 1/5(2). Essays & Papers Pest Analysis Pest Analysis on Rmg Sectors in Bangladesh Pest Analysis on Rmg Sectors in Bangladesh Essay There are no hotels and restaurants so tourist can’t stay at night.

Competitive and Business Environment analysis of RMG industry of Bangladesh analysis of Bangladesh’s situation as whole is being described and analysis of RMG sector follows that as a supplementary analysis of each other.

15 PEST ANALYSIS FOR RMG INDUSTRY OF BANGLADESH A PEST Analysis can help us to know about the external environment.

Pest analysis on rmg sectors in bangladesh essay
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