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Notes on the Impact of Globalization in Bangladesh
Letter of Transmittal 26 September 2012 Sayed Tanim Muhammed Tareq Lecturer FBA, USTC Dear Sir, I am pleased to present the annual report on the Globalization impact in Bangladesh. This report has been prepared to meet the requirements on the basis of reasons effecting Bangladesh due to Globalization. Our annual report is submitted in accordance with the provisions of the knowledge provided and shared between our team members. The annual report of this project has also been prepared in line with the requirements and guidance provided by our lecturer of ââ¬Å"introduction to businessâ⬠. Yours Sincerely Ibtahaz mehbub khan Tuhin Acknowledgement First and most of all we thank the Almighty Allah the most graceful and the most merciful. Iâ⬠¦show more contentâ⬠¦In this course we were instructed to choose a topic relating to globalization and expand our knowledge of it through research, discussions, and blogging. My topic for this course was Bangladesh; with the focus being whether or not globalization has been an overall positive or negative change for the country. Globalizationââ¬â¢s Impact on Bangladesh The term globalization is very familiar worldwide and is being used frequently during oral and written communication. So, it is a buzzword. But what it really signifies is required to be clearly understood. The origin of the word globalization is globe. We know the word globe means model of the earth composite body that contains valuable animate and inanimate objects with multi-configuration in a space called universe. Human being is one of the superior animate objects. We, as the human being of the earth made our global efforts to globalize the various activities to satisfy the needs and wants. The process by means of which our activities are integrated and created interdependence globally is called globalization. Therefore, globalization can be defined as the on-going economic, technological, social and political integration of the world. Through the process of globalization the economic, cultural, social, political, and environmental interdependence level has been increasing day b y day over the vast distances. However, the vast distances with the advent of science and technology haveShow MoreRelatedGlobalization Exercise : The Manufacturing Industry1478 Words à |à 6 PagesAccording to the PowerPoint presentation, Globalization Exercise # 2, the manufacturing industry, particularly the clothing industry, was the first trade to go global. More specifically, ââ¬Å"[s]ince the Industrial Revolution, manufacturing have been seen as the measure and symbol of economic development.â⬠(sic) (Globalization Exercise # 2, slide 7). The PowerPoint Presentation further notes that the primary and secondary productsââ¬â¢ traditional trade routes occurred during the period of colonialismRead MoreThe Fashion Industry And Manufacturing Process842 Words à |à 4 PagesFashionable apparel begins as the aesthetic brainchild of a designer (or team of designers). And as the item(s) gain life, each works its way through the many facets of the manufacturing process. The Fashioned Body: Fashion, Dress, Modern Social Theory notes that ââ¬Å"to understand fashion, it is necessary to go beyond the discussion of pure aesthetics. It is a chain of [events], which are industrial, economic and cultural, as well as aestheticâ⬠(p. 220). Simply put, the fashion industry and manufacturingRead MoreImpact of Globalization and Bangladesh18126 Words à |à 73 PagesGLOBALIZATION AND ITS IMPACT ON BANGLADESH ECONOMY A thesis presented to the Faculty of the U.S. Army Command and General Staff College in partial fulfillment of the requirements for the degree MASTER OF MILITARY ART AND SCIENCE Strategy by RAHMAN MD FAIZUR, MAJOR, BANGLADESH M.D.S., National University of Bangladesh, 2004 Fort Leavenworth, Kansas 2005 Approved for public release; distribution is unlimited. REPORT DOCUMENTATION PAGE Form Approved OMB No. 0704-0188 Public reportingRead MoreIs Globalization Good for Workers? Definitions and Evidence from Latin America1118 Words à |à 5 Pagesarguments and insights According to most economists, globalization is seen as a beneficial asset for workers, while on the other hand, various sociologists, anthropologists, and historians would beg to differ. Several data determines that even though globalization has increased average incomes in Latin America, the cases of employment quality still tend to be deteriorating. It is important to note the different dimensions of the effect globalization has caused and mechanisms that either benefit or harmRead Morecorruption : the international evolution Essay1537 Words à |à 7 Pagesï » ¿CASE Nà °2 à «Ã Corruption: The international evolution of new management challenges ââ¬Å" School year 2013 - 2014 Introduction Since the phenomenon of globalization, companies that decided to broaden their horizons have to face multiple challenges and their management functions need some adaptations. While going abroad, companies may become concerned with the subject of corruption that makes the business with foreign countries even more complicated. Even if there is a willingness to fight and reduceRead MoreThe Globalization Of The English1730 Words à |à 7 PagesThe Globalization of English has emerged as one of the most important topics in the past few decades, as the language gains extraordinary status among the ââ¬Å"developedâ⬠and ââ¬Å"developingâ⬠worlds. At the same time, there are obvious pros and cons to the penetration of worldwide cultures by an aggressive language. Without a doubt, the adoption of English by governments, lending institutions, transportation networks and stock exchanges produces efficiency and boosts profits, especially when combinedRead MoreGlobalization Of The United States Essay1744 Words à |à 7 Pageseffects. However, the United States as well as developing countries can benefit by furthering globalization, free trade, and integration into the world economy. The dictionary defines globalization as ââ¬Å"the process in which people, ideas and goods spread throughout the world, spurring more interaction and integration between the world s cultures, governments and economies.â⬠I believe that globalization between the United States and poorer countries (hereafter called developing countries) can improveRead MoreIfrs Applicable in Bangladesh6312 Words à |à 26 Pagespaper documents the prospects of IFRS adoption and their impact on the financial reporting environment of Bangladesh considering the underlying institutional and economic factors. It argues about trade-off between the scale advantage of IFRSs (designed globally by the highly sophisticated authority) and the local advantage of decentralized adaptation. It is also an effort to focus on the problems relating to adoption of IFRS in Bangladesh and to reach some concluding remarks for better applicabilityRead MoreEssay on Against Sweatshops1143 Words à |à 5 PagesSuch firm s often publicize the fact that their products are not made with Anti-globalization activists and environmentalists also deplore transfer of heavy industrial manufacturing (such as chemical production) to the developing world. Although chemical factories have little in common with sweatshops in the original sense, detractors describe them as such and claim that there are negative environmental and health impacts (such as pollution and birth defects, respectively) on workers and the local communityRead MoreCurrent Practices Of New Zealand And Bangladesh1870 Words à |à 8 PagesNew Zealand and Bangladesh. To achieve this current practices of CSR activities of five companies in Bangladesh and four companies in New Zealand have been examined. The analysis indicated there are some differences in the ways the organisations of both the countries are currently practicing their CSR activities. Although the focus areas of CSR activities in both the countries are quite similar, there is a major difference in the way they have carried out the practice .In Bangladesh the main focus
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