In: Business and Management

Submitted By sajibkhan78
Words 3836
Pages 16
1.1 BACKGROUND 1.2 OBJECTIVES 2 2 3 4 4 5 5 5 6 7 11 12




© Ferdous Mahmud Shaon, Student ID: 12164052

1|P age

If we spend a day looking around us, the importance of international business will become very obvious. We don't have to look far to see this. For example, if we have a mobile phone or MP3 player, then we can quickly find out at where they were made. What about the computer that was used to prepare this article, or the printer that was used for printing? When we eat, how much of the food we consume was actually produced in Bangladesh? In short, our lives and living standards are heavily influenced by the amount of international business and trades, we conduct with the rest of the world. Due to remarkable initiatives in regard of financial and trade liberalization over the last three decades, there has been remarkable increase in the volume of international business and trades. In Bangladesh, the policy of trade liberalization & free market economy in the 1980s has created both challenges and opportunities for our economy. Bangladesh continues to suffer from a lowgrowth, high-poverty syndrome. However, Bangladesh has a large labor force willing to work for low wages resulting in a very competitive position for labor intensive manufacturing exports. It has a large number of entrepreneurial businessmen who are able to develop and run small and medium scale enterprises. With amicable and mutually…...

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