This website uses cookies to ensure you have the best experience. Learn more

The Rise Of Bangladesh Textile Trade

814 words - 4 pages

MBA 727
Bangladesh – Case 3
Kimberly Huff

Description of Company
Bangladesh is one of the world’s most densely populated countries, with its people crammed into a delta of rivers that empties in the Bay of Bengal (BBC News Asia, 2013). In the country of Bangladesh poverty is a well known issue and research states that almost fifty percent of the population lives on less than one dollar a day (BBC News Asia, 2013). Agriculture is the country major source for employment. However, jobs are still limited and many Bangladeshis seek work in other countries, which is sometimes illegal (BBC News Asia, 2013). The country has made progress in areas of education, health and reduction in ...view middle of the document...

Some of the precautions the company took were; regular fire drills, sufficient exit routes, and mandatory fire safety training to all levels of factory management ("Fire safety in," 2013). If any of these criteria were not met the consequences would be termination of the Wal-Mart relationship. Overall, the goal is to help the country grow economically under safe and healthy working condition as well as protect the image of Wal-Mart.
Constraints of the Problem
One of the main constraints of the problem was labor issue in Bangladesh’s with the government and people. Based on further research in order to improve the labor rights and conditions there were three key reforms;
1. Guarantee workers’ right to organize
2. Guarantee fire safety
3. Ensure structural soundness of factories and other facilities (Blake, 2013).
Relevant Alternatives
In order to improve labor rights and workplace safety one alternative is a push to make transformative and sustainable improvements in workers’ rights and working conditions. Second, would be more registrations for labor union and the execution of amendments to the labor law that address and incorporate worker safety rules and freedom of association (Blake, 2013). If these changes are implemented it will afford the International Finance Corporation to start a “better work” program for the garment industry in Bangladesh (Blake, 2013).
Best Alternative
The best alternative practice is to continue to promote establishment of...

Other Papers Like The Rise of Bangladesh Textile Trade

Loans of the Microfinance Institutions of Bangladesh

779 words - 4 pages Loans of the Microfinance institutions of Bangladesh: Individual assignment on the worked portion of the submitted Term Paper Submitted to: Dr. Sheikh Abu Taher Lecturer Department of Finance & Banking Submitted By: Mohammad Hussain Majumdar (598) BBA, Batch No: 02 Department of Finance & Banking Jahangirnagar University October 2, 2012 Micro finance institutions introduced Microfinance Programs and now with more than 14 million

Un Peacekeeping And The Role Of Bangladesh

5856 words - 24 pages A Term Paper on UN peacekeeping and the Role of Bangladesh Submitted to: Dr. Syeda Rozana Rashid Assistant professor Department of International Relations Submitted by: Roksana Mohammed(rk-56) Nafisa Noor(km-76) 2nd year 3rd semester Date of submission:11.05.2013 Abstract Peacekeeping operations by the UN are the operations designed to restore or protect the peace in certain areas of conflict

The Emerging Business Sector of Bangladesh

1328 words - 6 pages The recent monetary policy of Bangladesh BANK The central bank declared its half-yearly monetary policy aiming to contain inflationary pressures through discouraging credit flow to unproductive sectors and for speculative purposes including real estates and investments in stock market beyond affordable limits. While releasing the monetary policy statement (MPS) for July-December period of the current fiscal year, The governor of the

The Role of Technology in the Growth of the Philippine Textile Industry

2192 words - 9 pages By: Janina Mae Almirez Industrial Analysis International Master of Business Administration Chung Yuan Christian University November 15, 2012 ABSTRACT The rise of globalization has shifted the manufacturers of textile and apparel to many different parts of the world in search for cheaper labor and maximization of profits. Trade liberalization also means that the world can be your market, and that everyone can be your competitor. We

Rise of the Robots Review

3032 words - 13 pages , Fortune, Forbes, The Atlantic, The Washington Post, Project Syndicate, The Huffington Post and The Fiscal Times. Ford is the author of the two books, his most recent Rise of the Robots: Technology and the Threat of a Jobless Future (2015) and in earlier years The Lights In the Tunnel: Automation, Accelerating Technology and the Economy of the Future (2009). These two books are about dealing with the effects of automation, robots, algorithms

The Impact of River-Water Sharing on Bangladesh

2394 words - 10 pages Journal of Environmental Health Research 12.3 (2002): 235-253. " 2. B.A., Hoque. "British Geological Survey." Groundwater Quality: Bangladesh (2001): 1-6. Web. 29 Dec 2009. . 3. Country Background Notes: Bangladesh." Internation Trade Library. 06 May 2009. STAT-USA, Web. 11 Nov 2009. . 4. Gupta, Ashim Das, et al. "Water Sector of Bangladesh in the Context of Integrated Water Resources Management: A Review." International Journal of Water

The Problems, Prospects and Opportunities of E-Commerce in Bangladesh

1607 words - 7 pages The problems, prospects and opportunities of E-Commerce in Bangladesh Introduction As a newly developing business approach, e-commerce initiatives in Bangladesh are facing many constraints. From legal issues to technological complexities, problems that are hindering to forward march of the e-commerce initiatives are large in numbers. To cope up with the pace of today’s business trends it is very much necessary to address those problems as

The Rise of the Politician-Comedian

1420 words - 6 pages The Rise of the Comedian-Politician 1,361 words The greatest religious and societal luminaries seem to repeat each other’s message time and again throughout history. Be kind to each other. Try to empathize with your enemy; see how you are like them, rather than how you are different. And why do we need these people to constantly repeat what their predecessors have already said? It is because the world constantly changes, and we must

The Rise of the Ku Klux Klan

976 words - 4 pages The Rise of the Ku Klux Klan Jeannine Evans HIST101 American History to 1877 Instructor: Kathleen Davis June 15, 2013 When the civil war ended, the Republican Party developed the Reconstruction program, which threatened to turn the south upside down. The Reconstruction was developed with the intention of giving blacks the chance for a new and better life. Upon being freed some blacks stayed with their old masters, yet many left in search

The Rise Of The Democrats And Whigs

826 words - 4 pages Democrats and WhigsIn the 1830s the rise of a new political party in America emerged. During the presidency of Monroe there was little turbulence created by opposition parties. Although there were no major opposing political parties during Monroe's term, the formation of parties began to occur during the Jacksonian democracy. Jackson's opponents, who came to make up the Whig party, were strongly disturbed by his stubborn and harsh exercise of

History of the High-Rise Buildings

3233 words - 13 pages it, and only 4 floors were destroyed. Perhaps the greatest high-rise disaster is the attack on The World Trade Centers, or the Twin Towers, often called 9/11, or September 11th. These towers held a lot of power and it symbolized America in a few ways. Terrorists found it a good target because of the power that the twin towers have. The airplane crashing through the building caused a giant explosion, and the heat of it and its fires melted

Related Essays

Determinants Of Trade Balance Of Bangladesh

8001 words - 33 pages DETERMINANTS OF TRADE BALANCE OF BANGLADESH by Mohammad Habib Hossain A project submitted in partial fulfillment of the requirements for the degree of Professional Master in Banking and Finance Examination Committee: Dr. Donyaprueth Krairit (Chairperson) Dr. Sundar Venkatesh Dr. W.A. Wijewardena Nationality: Previous Degree: Bangladeshi Bachelor of Business Administration Khulna University Khulna, Bangladesh

Recent International Trade Scenario Of Bangladesh Bop

5030 words - 21 pages |11 | |18 |Summary and Conclusion |12-13 | Introduction Trade is an integral part of the total developmental effort and national growth of all economies including Bangladesh. It particularly plays a central role in the development plan of Bangladesh where foreign exchange scarcity constitutes a critical

Bangladesh Economy Is Based Mainly On The Textile Industry. As We All Know That Bangladesh Is The Second Largest Textile Industry In The World After China. Even Though Bangladesh Comes Under The Least...

4403 words - 18 pages environment of India. United International UniversitySummer Trimester 2015School of Business and EconomicsCourse: IBS3121_International Business | Case Analysis and Term PaperCase 4Chapter 5Topic 4 | Bangladesh’s Textile Trade Bangladesh, one of the world’s poorest countries, has long depended heavily upon exports of textile products to generate income, employment, and economic growth. Most of these exports are low-cost finished garments sold to

The Rise Of Civilizations Essay

741 words - 3 pages soapstone lamp so that they could travel farther from home in the Arctic darkness in order to hunt. They also developed the barbed harpoon. These inventions show that the Dorset's knew how to adapt to the radical environment of the Arctic Circle and use it to their advantage. In conclusion, the rise of civilizations did influence future generations. The developments in technology and trade not only prove the ability to correspond with the environment, but the ability to interact successfully with each other when it comes to sustaining the state. Sources Fernandez-Armesto, Felipe. The World: A Brief History, Combined Volume. Pearson Prentice Hall, 2008.