1. A.

The most important factor consider to stablish a new business in country like
bangladesh
1.Style of operation: Your location need to be consistent with a particular image
or Style.
2.Demography: When considering demographics, you should think about two important
angles.
3. Foot Traffic: For many businesses, foot traffic is very important. Nobody wants
to be tucked away in a corner where potential customers will pass him/her by.
4. Parking and Accessibility: Consider the accessibility of the location for every
person who will be coming there.
5.Competition: Are competing companies close by In some instances, this can be
advantageous if comparison shopping is popular.

1. B.As an entrepreneur: Select a potential Business opportunity in Bangladesh

construct your innovative ideas in to your fesasible business plan

1.Financial Support: Entrepreneurs of Bangladesh get direct and indirect favorable

support from the financial sector by the way of entrepreneurship development
policy. Bangladesh Bank is the most leading contributor of the financial sector
through financial assistance, interest free loan, micro credit facilities,
collecting foreign aid, subsidy and various ways for young entrepreneurs.

2. Logistic Support: Logistic support plays an important function in the

industrial sector for entrepreneurs by getting special consideration for
investment in the BSCIC industrial area, EPZ, BEPZA. These actions contribute
to, encourage investors by infrastructural support, cheap transportation
facilities, land port access, communication facilities etc.

3. Technological Support: Bangladesh being a digital country focuses implementation

of IT in every sphere of business. So entrepreneurs are no longer free from IT
support. Technical Support includes IT facility, scientific study and
engineering universities, R&D organizations, breeding and development program by IT
specialist institutions, and hence along

4. Available Supportive: Organization There are a number of organizations

specialized in entrepreneurial assistance both in the government sector and
government supported private organizations.

Hypothetically develop a SWOT Analysis for new Business

swat analising

Strengths:

1. Financial Strengths: What is your most reliable source of financial growth? Is

it your current customers? A particular product? Your service fee structure?
2. Customer Strengths: Where is your customer growth coming from? Is this coming
from referrals, or a particular industry segment like healthcare or retail? Is it
mainly retail or commercial? Why are your customers choosing you over your
competitors?
3. Internal Strengths: What do you do very well as an organization? Are you the
first to innovate products in your industry? Do you have strong customer
relationships or partnerships?
4. Learning & Growth Strengths: Where do you excel insofar as your employees are
concerned? Is it your compensation model? Could it be your workforce development
program? Your culture?
Weaknesses:

1. Financial Weaknesses: What is your biggest financial weakness? Perhaps most of

your customers are in a cyclical industry and subject to market whims, for example.
Or maybe your most used product has the lowest profit margins.

2. Customer Weaknesses: Where do your customers think you need to improve? This
could be your investment products, locations, loan origination, or competitive
prices for interest rates.

3. Internal Weaknesses: What do you do poorly? Do you have opportunities to improve

in project management for opening new branches? What about for one-touch call
resolution for customer service?

4. Learning & Growth Weaknesses: What are your biggest challenges with employees?
Do you have particularly high turnover in certain departments or a negative
perception of the organizational culture?

1.C.The types of business of the business along with the advantages and
disadvantages of all the mentioned forms there:

A sole proprietorship is the common business structure. It makes sense if you're in

a business where personal liability is not a concern.

Advantages:
It's the easiest to set up because it doesn't require the filing of any papers.
States do not require the registration of proprietorships.
Profits are only taxed once on the owner's personal tax returns.
The owner has complete control of the business and makes all the decisions.
Tax forms are not complicated.
Assets are easy to liquidate upon the death of owner.

Disadvantages:
The owner is exposed to unlimited legal liabilities. If you lose a lawsuit, you
could lose your home, car and other personal assets.
Proprietorships cannot accept capital from outside investors.
Borrowing money is more difficult. Banks are reluctant to make business loans to
sole proprietorships. You will have to rely on savings, home equity loans or loans
from family members.
Business will be liquidated when owner passes away.

2 .A.All the shareholders are stakeholder but all the stakeholder are not
shareholders :

Shareholders are always stakeholders in a corporation, but stakeholders are not

always shareholders. A shareholder owns part of a public company through shares of
stock, while a stakeholder has an interest in the performance of a company for
reasons other than stock performance or appreciation.

Understanding the Role of the Stakeholder

Stakeholders can be:

1. owners and shareholders

2. employees of the company
bondholders who own company-issued debt
3. customers who may rely on the company to provide a particular good or service
4. suppliers and vendors who may rely on the company.
2.B.
Monopoly: In terms of the number of sellers and degree of competition, monopolies
lie at the opposite end of the spectrum from perfect competition. In perfect
competition, there are many small companies, none of which can control prices; they
simply accept the market price determined by supply and demand. In a monopoly,
however, there’s only one seller in the market. The market could be a geographical
area, such as a city or a regional area, and doesn’t necessarily have to be an
entire country.

example of Monopoly
1. Railways Public services like the railways are provided by the government.
Hence, they are a monopolist in the sense that new partners or privately held
Companies are not allowed to run railways. However, the price of the tickets is
reasonable so that public transport can be used by the majority of people
2. Luxottica – A Company that owns all the major brands of sunglasses. The Company
has bought almost all the major eyewear brands however, they are still named
differently. This creates an illusion in the mind of the customer that they have a
variety of sunglasses to choose from although they are all manufactured by one
Company. Luxottica produces more than 80% of the eyewear worldwide
3. Microsoft – Microsoft is a Computer and software manufacturing Company. It holds
more than 75% market share and is the market leader and virtual monopolist in the
tech space.

Oligopoly:Oligopoly means few sellers. In an oligopolistic market, each seller

supplies a large portion of all the products sold in the marketplace. In addition,
because the cost of starting a business in an oligopolistic industry is usually
high, the number of firms entering it is low.

Companies in oligopolistic industries include such large-scale enterprises as

automobile companies and airlines. As large firms supplying a sizable portion of a
market, these companies have some control over the prices they charge. But there’s
a catch: because products are fairly similar, when one company lowers prices,
others are often forced to follow suit to remain competitive. You see this practice
all the time in the airline industry: When American Airlines announces a fare
decrease, Continental, United Airlines, and others do likewise. When one automaker
offers a special deal, its competitors usually come up with similar promotions.

example of Oligopoly
1. National mass media and news outlets are a prime example of an oligopoly, with
90% of U.S. media outlets owned by six corporations: Walt Disney (DIS), Time Warner
(TWX), ViacomCBS, NBC Universal, and News Corporation (NWSA).
2. Operating systems for smartphones and computers provide excellent examples of
oligopolies. Apple iOS and Google Android dominate smartphone operating systems,
while computer operating systems are overshadowed by Apple and Windows.
3. Automobile manufacturing another example of an oligopoly, with the leading auto
manufacturers in the United States being Ford (F), GMC, and Fiat Chrysler.
4. While there are smaller cell phone service providers, the providers that tend to
dominate the industry are Verizon (VZ), Sprint (S), AT&T (T), and T-Mobile (TMUS).
5. The music entertainment industry is dominated by Universal Music Group, Sony,
and Warner.

In monopolistic competition:
we still have many sellers (as we had under perfect competition). Now, however,
they don’t sell identical products. Instead, they sell differentiated products—
products that differ somewhat, or are perceived to differ, even though they serve a
similar purpose. Products can be differentiated in a number of ways, including
quality, style, convenience, location, and brand name. Some people prefer Coke over
Pepsi, even though the two products are quite similar. But what if there was a
substantial price difference between the two? In that case, buyers could be
persuaded to switch from one to the other. Thus, if Coke has a big promotional sale
at a supermarket chain, some Pepsi drinkers might switch (at least temporarily).

How is product differentiation accomplished? Sometimes, it’s simply geographical;

you probably buy gasoline at the station closest to your home regardless of the
brand. At other times, perceived differences between products are promoted by
advertising designed to convince consumers that one product is different from
another—and better than it. Regardless of customer loyalty to a product, however,
if its price goes too high, the seller will lose business to a competitor. Under
monopolistic competition, therefore, companies have only limited control over
price.

Examples of monopolistic competition:

1. Restaurants: Restaurants compete on quality of food as much as price. Product
differentiation is a key element of the business. There are relatively low barriers
to entry in setting up a new restaurant.

2. Hairdressers: A service which will give firms a reputation for the quality of
their hair-cutting.

3.Clothing: Designer label clothes are about the brand and product differentiation

4.TV programmes: Globalisation has increased the diversity of tv programmes from

networks around the world. Consumers can choose between domestic channels but also
imports from other countries and new services, such as Netflix.

3.A.
As this will be a new venture and one of the first for Walton laptops so in which
country you want to operate your business. The strategies you should take for
reaching global markets are:

Globalization introduces a number of challenges that are unique to operating

simultaneously in different countries and global markets. What is the best way to
enter or take advantage of a global market? When should you adjust a product’s
features to customize it to consumer needs in a different global market? How do you
manage the costs and complexities of producing and/or promoting products in
different locations, with different languages, cultural sensitivities, and consumer
expectations.

The help of advantages and disadvantages of the selected strategies are:

Since exporting doesn’t require a company to manufacture its products in the target
country, the company doesn’t have to invest in factories, equipment, or other
production facilities located halfway around the globe. Most of the costs involved
in exporting are associated with finding a buyer or distributor in the destination
market. For these reasons, exporting is considered to be the quickest and least
expensive means to enter the global market. However, there are disadvantages, too.

Once products arrive in the destination market, the business loses control of them,
which can result in products being misrepresented, copied by other manufacturers,
or even sold on a black market. In addition, because the business isn’t active in
the new market, it can’t gain insight into or experience with local consumer
preferences and demand. This lack of information can create uncertainty and
potentially cost the company opportunities down the road. As you will learn later
in this module, businesses operating in other countries may find themselves subject
to taxes, regulations, and/or restrictions that can substantially affect the
profitability.

B.
The forces which can relatively effects your business operations in global markets
are:

1. Culture: Culture is complex, and fully appreciating its influence takes

significant time, effort, and expertise. Certain features of a culture can create
an illusion of similarity, but businesses need to delve deeply to make sure they
truly understand the people and environments in which they work. Even a common
language does not guarantee similarity of interpretation. For example, in the U.S.
we purchase “cans” of various grocery products, but the British purchase “tins.” In
India, where English is one of a number of officially recognized languages,
“matrimonial” is used as a noun in casual conversation, referring to personal ads
in newspapers seeking marriage partners.

2. Language: The importance of language differences can’t be overemphasized, and

there are nearly three thousand languages in the world. Language differences can be
a challenge for businesses designing international marketing campaigns, product
labels, brand and product names, tag lines, and so on. Finding a single brand name
that works universally in terms of pronunciation, meaning, and “own ability” is a
monumental challenge. Of course, correct and grammatical use of language in
business communication is essential for a product, brand, or company to be viewed
as credible, trustworthy, and of high quality.

3. Customs and Taboos: All cultures have their own unique sets of customs and
taboos. It’s important for businesses to learn about these customs and taboos so
they’ll know what is acceptable and unacceptable for their foreign operations. For
example, in Japan, the number four is considered unlucky, and product packages
containing four items are avoided by many consumers. In Middle Eastern countries
where Islamic law is strictly observed, images displaying the uncovered arms or
legs of the female body are considered offensive.

4. Values: The role of values in society is to dictate what is acceptable or

unacceptable. Values are part of the societal fabric of a culture, and they can
also be expressed individually, arising from the influence of family, education,
moral, and religious beliefs. Values are also learned through experiences. As a
result, values can influence consumer perceptions and purchasing behavior. For
example, consumers in some countries, such as the United States, tend to be
individualistic and make many purchasing decisions based on their own personal
preferences.

5. Time and Punctuality: Different cultures have different sensitivities around

time and punctuality. In some countries, being slightly late to a meeting is
acceptable, whereas in other countries it’s very insulting. For cultures that
highly value punctuality, being on time is a sign of good planning, organization,
and respect. In cultures where precise punctuality is less important, there is
often a greater emphasis on relationships. The fact that a meeting happens is more
important than when it happens.

6. Business Norms: Business norms vary from one country to the next and may present
challenges to foreigners not used to operating according to the particular norms of
the host country. In business meetings in Japan, for example, it’s expected that
the most senior person representing an organization will lead the discussion, and
more junior-level colleagues may not speak at all. The role of alcohol in business
meetings varies widely by culture: In Middle Eastern cultures where alcohol is
forbidden, it may be insulting to serve or even offer an alcoholic beverage. In
China, many rounds of toasts are customary as part of formal dinner meetings.

7.Religious Beliefs and Celebrations: As discussed earlier in this module,

religious beliefs and practice can strongly influence what consumers buy (or don’t
buy), when and where they shop, and how they conduct business. It’s important for
companies to understand the influence of religion on consumer culture in the
markets where they operate, so that their business activities can be appropriately
sensitive. Failing to respect religious beliefs or cultures can seriously undermine
the reputation of a company or brand. At the same time, businesses that are attuned
to the impact of religion on culture can more easily integrate their operations and
employees into the local culture.

8.Political and Economic Differences: Long row of identically dressed Chinese

workers. Each wears a red hard hat, pressed blue shirt and ID tag, khaki pants, and
black belt.
The political economy of a country refers to its political and economic systems,
together. The political system includes the set of formal and informal legal
institutions and structures that comprise the government or state and its
sovereignty over a territory or people. As you know, political systems can differ
in the way they view the role of government and the rights of citizens For example,
the democratic political system of Canada with the communist system of North Korea.