Contemporary Complexities of Business Environment of Bangladesh: a Critical Analysis of Using Different Model

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Contemporary Complexities of Business Environment of Bangladesh: A critical Analysis of Using Different Model

Assignment on

Contemporary Complexities of Business Environment of Bangladesh: A critical Analysis of Using Different Model

Course Name: Business Analysis in National & International Context Course Code: IB-407

Prepared for:
Mohammad Shahin Miah,
Lecturer,
Department of International Business,
University of Dhaka

Prepared By:
Md. Mizanur Rahman,
Roll No. 51,
Fourth Year, First Semester,
Session: 2008-2009,
BBA (15 th batch),
Department of International Business,
University of Dhaka

Submission Date: April 15, 2013

April 15, 2013
Mohammad Shahin Miah,
Lecturer,
Department of International Business,
University of Dhaka

Subject: Submission of an assignment.

Honorable Sir;
I am pleased to submit assignment on “Contemporary Complexities of Business Environment of Bangladesh: A critical Analysis of Using Different Model” the course Business Analysis in National & International Context (IB: 407). I have prepared the paper based on learning and your instructions.

I am confident that the presentation of this term paper has enhanced both my practical experience and theoretical knowledge to a great extent. It would be helpful for me if this term paper serve the purpose and fulfill your Requirements.

Thanking you,
Sincerely yours,

Md. Mizanur Rahman,
Roll No. 51, BBA (15th batch),
Fourth Year, First Semester,
Department of International Business,
University of Dhaka

Table of Contents

Sl. No.ContentsPage No.
01.Introduction5
02.Overview of Bangladesh6
03.Business Environment of Bangladesh8
04.SWOT Analysis of Bangladeshi Industry9
05.PEST/ STEEP Analysis14
06.Porter’s Five Forces Model21
07.The Nine Forces Model27
08.Applying the FAROUT Model32
09.Conclusion35
10.Bibliography36



Introduction:
Bangladesh emerged as an independent and sovereign country in 1971 following a nine month war of liberation. It is one of the largest deltas of the world with a total area of 147,570 sq. km. With a unique communal harmony, Bangladesh has a population of about 152.51 million, making it one of the densely populated countries of the world. The majority (over 88%) of the people are Muslim. Over 98% of the people speak in Bangla. English, however, is widely spoken. The country is covered with a network of rivers and canals forming a maze of interconnecting channels. Being an active partner, Bangladesh plays vital role in the international and regional forum, particularly in the UN, Commonwealth and South Asian Association of Regional Cooperation (SAARC).

Doing business in Bangladesh has become harder than before, notwithstanding what the government leaders have been claiming it to be otherwise. Entrepreneurs, old and new, are already experiencing the difficulty. The latest global survey of the International Finance Corporation (IFC) on the same issue has only re-confirmed it. Bangladesh's ranking has slipped five notches down - from the 124th to the 129th among 185 countries - when that of its neighbors has either improved or remained unchanged. The IFC's 'Doing Business-2013' report highlights how troublesome or easy it is to open or run a medium or a small-scale enterprise, in terms of availability of funds and compliance with relevant laws and regulations, in the countries surveyed under the study report.

Easy access to credit and ensured supply of gas and power are considered key to starting and operating any business enterprise, commercial or industrial. But the situation with both the factors remains very uncomfortable in Bangladesh. The IFC report reveals only a part of the problem. Getting an electricity connection, the report said, takes 404 days and involves nine procedures. But in addition to these hassles, any enterprise willing to get power connection has to grease the palms of...
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