The Present Scenario of Smes in Bangladesh

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Assignment On
The Present Scenario of SMEs in Bangladesh
The Report Presented to the Faculty of Business Administration in Partial Fulfillment of the Requirements for Degree of Bachelor of Business Administration

Submitted To
Dr.A K H Helaluz Zaman
Course Instructor
Faculty of Business, ASA University Bangladesh (ASAUB)
Course Title: Entrepreneurship Development
Course Code: MGT-321
Submitted By
Name | ID| Section|
Al-amin| 101-12-0054| 9B|
Md.Alauddin Al Mahdi| 101-12-0064| 9B|
Hyder Hossain| 101-12-0062| 9B|
Nilufa Yesmin| 101-12-0067| 9B|
Rashiduzzaman| 093-12-0035| 9B|

ASA University Bangladesh (ASAUB)
Date: 07 August 2012

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Letter of Transmittal

Date: 07/08/2012

To
Dr.A K H Helaluz Zaman
Course instructor
Faculty of Business, ASA University Bangladesh (ASAUB)

Subject: Submission of the Group Assignment .

Sir,

It is our pleasure to submit the report on “The Present Scenario of SMEs in Bangladesh” as a part of our course "Entrepreneurship Development" We have enjoyed preparing this assignment which enriched our practical knowledge of the theoretical concept. We tried to reflect the practical operational aspects of the organization which is complementary to the theoretical lessons.

Should you need any further information to evaluate the assignment, it would be our immense pleasure to furnish you the same.

Sincerely Yours

Name| ID| Section| Signature|
Al-amin| 101-12-0054| 9B| |
Md.Alauddin Al Mahdi| 101-12-0064| 9B| |
Hyder Hossain| 101-12-0062| 9B| |
Nilufa Yesmin| 101-12-0067| 9B| |
Rashiduzzaman| 093-12-0035| 9B| |

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Acknowledgement

Preparing this term paper on “The Present Scenario of SMEs in Bangladesh” was a wonderful experience for our. At fast we would like to thank almighty Allah to carry on our work. We would like to thank our faculty member, Dr.A K H Helaluz Zaman , course instructor, Faculty of Business ASA University Bangladesh for giving our this opportunity as well as for his constant guidance and support. Finally we would like to thank our family for supporting our courage to carry on our work. It was a practical experience for us.

Executive Summary
Bangladesh is s developing country. Its per capita income is only $750 and per capita GDP is $684 and present GDP growth rate is 6%. Most of the people are living in the below of poverty line. Poverty as like as curse for our country. To remove poverty government and other organization such as NGOs, Bank has taken many steps. Bangladesh Government has taken Millennium Development Goals (MDGs) programs that first goals is eradicate extreme poverty and hunger. They also have written Poverty Reduction Strategy paper (PRSP) to remove poverty. To achieve the committed MDGs and PRSP, Bangladesh must strive to expend employment creation opportunities very rapidly. For this government have formed SMEs Foundation. SMEs means Small and Medium enterprises, it can be defined as enterprises which have at most 250 employees and an annual turnover not exceeding 50 million Euros. Further there is the distinction of Small enterprise- they fewer than 50 staff members and less than 10 million Euros turnover- and micro- enterprises (less than 10 persons and 2 million Euros turnover). Different countries and organizations define SME differently. The government of Bangladesh has categorized SME into two broad classes (a) manufacturing enterprise and (b) non manufacturing activities. Manufacturing enterprises can be divided into two categories (a) Small enterprise and (b) Medium enterprise. Non-manufacturing activities also can be divided into two categories (a) Small enterprise and (b) Medium enterprise. According to Bangladesh Bureau of Statistics different enterprises are defined as Micro industry that...
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