Wednesday, May 6, 2020

International Business in Bangladesh- an Investment...

Scope and objective of the study: The main purpose of the report is to show a concrete Overview of Current International Business Growth Prospects in Bangladesh. The report will show Private Investment Trend, Investment Incentives Potential Sectors For Investment, Legal security for investment etc. Methodology: The information gathered for the report is through the use of primary and secondary sources. The whole information has been gathered from internet, different books, manuals, class lecture sheet etc. Limitation of the Study: At the time when I prepare my assignment I face some limitation. These are as follows – 1. There is very short data on international business in Bangladesh 2. Lake of secondary data. 3. I don’t†¦show more content†¦Ã¢â‚¬ ¢ Countries cooperate more on transnational issues. †¢ Cross-national cooperation and agreements. Studying international business is important because: †¢ Most companies are either international or compete with international companies. †¢ Modes of operation may differ from those used domestically. †¢ The best way of conducting business may differ by country. †¢ An understanding helps you make better career decisions. †¢ An understanding helps you decide what governmental policies to support. Managers in international business must understand social science disciplines and how they affect all functional business fields. Tom Travis, the managing partner of Sandler, Travis Rosenberg, PA. and international trade and customs consultant, uses the Six Tenets when giving advice on how to globalize ones business. The Six Tenets are as follows: 1. Take advantage of trade agreements: think outside the border o Familiarize yourself with preference programs and trade agreements. o Read the fine print. o Participate in the process. o Seize opportunities when they arise. 2. 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