It is important to learn the whereabouts of a country if someone wants to do business in a particular region or a country. As a student of BBA in Bangladesh, ‘Bangladesh studies’ is as important as any other courses in the whole curriculum.
If one wants to start business in a particular area (say Bangladesh), one must acquire complete knowledge about
Geography
Historical backgrounds
Culture
Manners & customs
Religion and caste
Political conditions and attitudes of the political parties
Transport & telecommunication
Economic infrastructure
Government policies & facilities
Banking & investments
Local business & business communities
Natural calamities
Insurance & securities
Management & Labour cost
Electricity & power
These prospects are described in detailed as followings:
Studying geography of Bangladesh, a student will acquire knowledge about the resources, landmass, transport, economic trend of Bangladesh. This helps to find a suitable place for establishing business/industrial complex.
It is necessary to know the history of Bangladesh as there exists a strong connection between people of the country and their mentality and customs.
Now comes the culture, manners & customs. Knowing the culture of Bangladesh will help the student to guess whether the people (consumers) will appreciate the promoted product/service or not. Studying manners and customs are important as well. These will help to acquire knowledge about the tendency and likings of the consumers. It is also important to learn about religion and caste of people of Bangladesh as will help to acquire knowledge about social ceremonies, obligations and harmony of the consumers.
Political conditions of Bangladesh always affect business and economy. The student must be well aware of political stability and attitude of the politicians towards business and economic sectors.
Transport & Telecommunication is one of most important factor in entrepreneurship. It is important to know about the transport and telecoms of Bangladesh in order to save time and cost, get logistics, international clientele and also for marketing and advertising. Also note that well established infrastructure ensures stability in business. So, proper knowledge about the infrastructure of Bangladesh is a must. A student will be well aware of the business laws, policies identified by the government of Bangladesh.
It is necessary to know the whereabouts of banking sectors for financial support, deposits and transactions. There are always possibilities of competitor companies with similar products/services. So learning about the local business of Bangladesh is necessary in order to promote a new product/service.
Bangladesh is a disaster prone region. Flood, earthquake and cyclones are likely to occur almost every year and in order to face the likely disaster and hazards a student need to know how government and other organizations deal with it.
Another important factor related to business is insurance and securities. A BBA student must acquire enough knowledge about insurance sectors of Bangladesh to do a better secured business.
It needs a good management and resourceful labour to run a company/industry. Bangladesh studies will help a student where to find the finest executives and cheap and resourceful labour. In case of an industry, accessibility of Electricity and Power is also another important factor. With proper knowledge about the geology of the country a student can identify where to establish an industrial complex.
So, it is quite clear that Studying about Bangladesh for BBA students is necessary. Proper knowledge in this field makes a student of BBA a better entrepreneur in the future.
You May Also Find These Documents Helpful
-
Bangladesh is in southern Asia, bordering the Bay of Bengal, between Burma and India. We have mid winter, hot, humid, and warm rainy monsoon. Bangladesh is composed of 98% Muslims and others are Non- Bengali Muslims and tribal groups.ⁱ Bangladesh is a Hierarchical society. People are respected for their age (referred to elders) and for High status. Planning and decisions are always done by the male rather than Women.ⁱ…
- 1404 Words
- 6 Pages
Good Essays -
This report is prepared to fulfill the requirement of the MKT201 course of BBA program. The objective of the report is to gain the practical experience in collecting information and also developing a new product or service of any business organization of Bangladesh.…
- 3164 Words
- 13 Pages
Powerful Essays -
Bangladesh, a developing country, is relatively unknown in the globalized world and is often confused with its dominant neighbor, India. The country as we see it now did not exist even 50 years ago.…
- 989 Words
- 4 Pages
Good Essays -
As most of the developing countries, Bangladesh has no hiding place as the impact of the global financial…
- 7684 Words
- 31 Pages
Powerful Essays -
Today Bangladesh stands on the juncture of economic emancipation. The stage is set for rapid growth and development in every sector of the economy. Success lies in the ability to adapt with changing times.…
- 8836 Words
- 36 Pages
Powerful Essays -
Bangladesh, a country in South Asia, bordering the Bay of Bengal, between Burma and India. It lies between latitudes 20° and 27°N, and longitudes 88° and 93°E. It is located in the delta of Padma (Ganges [Ganga]) and Jamuna (Brahmaputra) rivers in the northeastern part of the Indian subcontinent. Bangladesh has a total area of 144,000 sq km, of which 133,910 sq km consists of land and 10,090 sq km area on water.…
- 2905 Words
- 12 Pages
Better Essays -
Bangladesh is a developing country with a huge population. From the beginning of Bangladesh as an independent country it has been a desiring place for doing business for business organizations operating globally. This circumstance is existed in banking and other financial service sectors. There are some factors that benefitting the foreign banks operating in Bangladesh.…
- 657 Words
- 3 Pages
Satisfactory Essays -
Current Economic Condition: Bangladesh is a mixed economic country where they follow both social and capitalist system. Despite several economic reforms, however, the country is still far from enjoying an efficient market economy. Bangladesh's economy remains largely agricultural, with a relatively small…
- 916 Words
- 4 Pages
Good Essays -
To discuss Bangladesh aspect of “ Policy &Trend of export and import with special reference to Bangladesh”…
- 8080 Words
- 33 Pages
Good Essays -
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.…
- 9242 Words
- 37 Pages
Powerful Essays -
Bangladesh A Country of Art & Heritage Course Name: Bangladesh Haritage & Culture Course Code: BHC 101 Submitted By: Mohammad Faisal Azad Asem ID: 082011172 Group: “E” 2nd Semester, 11th Batch Submitted to: Lutfor Rahman Joy Asst. Professor Department of Bengali...…
- 541 Words
- 3 Pages
Satisfactory Essays -
Bangladesh is an agriculture based country with a huge population about 164.4 million. Its area is about 147,570 km. It’s a country of six seasons.…
- 1267 Words
- 6 Pages
Good Essays -
There is no denying the fact that the economical business sector plays a significant role in the economic development of a country. The importance of an efficient economic sector lies in the fact that, it ensures domestic resources mobilization, generation of savings, and investments in productive sectors. In fact, it is the system by which a country’s most profitable and efficient projects are systematically and continuously directed to the most productive sources of future growth. The financial system not only transfers funds from savers to investors: it must be able to select projects which will yield the highest returns, accumulate sufficient quantities of capital to fund the range of investment projects across…
- 6577 Words
- 27 Pages
Powerful Essays -
|The purpose of this vision paper is to illustrate a mental image of Bangladesh in 2021. To that effect, the paper will delineate |…
- 1264 Words
- 6 Pages
Good Essays -
facing various problems, such as shortage of manpower, inefficiency of management, low earnings, shortage of fund, huge over dues, political…
- 549 Words
- 3 Pages
Good Essays