Thursday, 5 January 2012

International Marketing,

These are to request and require in the name of the president of the People’s Republic of Bangladesh all those whom it may concert to allow the bearer to pass freely without let or hindranee and to afford Him/ her every assistance and protection of which he/ she may stand in need.

Integrated Marketing Communications
Integrated Marketing Communications (IMC) are composed of advertising, sales promotions, trade shows, personal selling, direct selling, and public relations-almost all are included in the Barbie campaign described in the global perspective. Indeed, even the original wall street journal story itself was most likely prompted by a company press release. All these mutually reinforcing elements of the promotional mix have as their common objective the successful sale of a product or service. In many markets the availability of appropriate communication channels to customers can determine entry decisions. For example, most toy manufacturers would agree that toys cannot be marketed profitably in countries without commercial television advertising directed toward children. Thus product and service development must be informed by research regarding the availability of communication channels.

Sales Promotions in International Marketing
Sales promotions are marketing activities that stimulate consumer purchases and improve retailer or middlemen effectiveness and cooperation, cents off, in-store demonstrations, samples, coupons, gifts, product tie-ins, contests, sweepstakes, and sponsorship of special events such as concerts and fairs and point-of-purchase displays are types of sales promotion devices designed to supplement advertising and personal selling in the promotional mix. Sales promotions are short-term efforts directed to the consumer or retailer to achieve such specific objectives as consumer product trial or immediate purchase, consumer introduction to the store, gaining retail point-of-purchase displays, encouraging stores to stock the product, and supporting and augmenting advertising and personal sales efforts. For example buy one get one free, in these offer encourage customers to buy that product, also increase the sales promotions.

International Public Relations
Creating good relationships with the popular press and other media to help companies communicate messages to their publics-customers, the general public, and governmental regulators-is the role of public relations. For example Coca-cola’s sponsorship of European football matches or ford sponsorship of Australian open tennis tournament that creates international public relation.

International Advertising
Since the turn of the century, growth in global advertising expenditures has slowed with the global economy. Most estimates of total expenditures for 2005 are in the neighborhood of $400 billion .A 4 percent annual growth rate is predicted through 2006,but that of course depends on a resurgence of growth in the general global economy .In this slow-growth global economic environment the advertising industry continues to undergo substantial restructuring. Global mass media advertising is a powerful tool for cultural change, and as such it receives continuing scrutiny by a wide variety of institutions. Advance in communication technologies (particularly Internet) are causing dramatic changes in the structure of the international advertising and communication industries. New problems are being posed for government regulations as well. Despite these challenges, the industries is experiencing dramatic growth as new media are developed and as new markets open to commercial advertising.

The basic framework and concepts of international advertising are essentially the same wherever employed. Seven steps are involved:

Perform marketing research.

Specify the goals of the communication.

Develop the most effective message(s) for the market segments selected.

Select effective media.

Compose and secure a budget.

Execute the campaign.

Evaluate the campaign relative to the goals specified.

365

143

2012 campaign relative

System of India in world of $400 billion .A 4 percent annual growth rate is predicted through 2006,but that of course depends on a resurgence of growth in the general global economy .In this slow-growth global economic environment the advertising industry continues to undergo substantial restructuring. Global mass media advertising is a powerful tool for cultural change, and as such it receives continuing scrutiny by a wide variety of institutions. Advance in communication technologies

Advertising Strategy and Goals
The goals of advertising around the world vary substantially. For Unilever is introducing a new product-line extension, Dove shampoo, in East Asian markets; and Russia’s airline Aeroflot is seeking to upgrade its quality image. All these marketing problems require careful marketing research and thoughtful and creative advertising campaigns in country, regional, and global markets, respectively. Increased costs, problems of coordinating advertising programs in multiple countries, and a desire for a broader company or product image have caused multinational companies (MNC) to seek greater control and efficiency without sacrificing local responsiveness. Many companies are using market-segment strategies that ignore national boundaries-business buyers or high-income consumers across the globe are often targeted, for example. Others are proposing newer global market segments defined by “consumer cultures” related to shared sets of consumption-related symbols-convenience, youth, America, Internationalism, and humanitarianism are examples.

Product Attribute and Benefit Segmentation
A market offering really is a bundle of satisfactions the buyer receives. This package of satisfactions, or utilities, includes the primary function of the product or service along with many other benefits imputed by the values and customs of the culture. Different cultures often seek the same value or benefits from the primary of a product.

For example, the ability of an automobile to get from point A to point B, a camera to take a picture , or a wristwatch to tell time. But while usually agreeing on the benefit of the primary function of a product, other features and psychological attributes of the item can have significant differences.

Regional Segmentation
The emergence of pan-European communications media is enticing many companies to push the balance toward more standardized promotional efforts. As media coverage across Europe expands, it will become more common for markets to be exposed to multiple messages and brands of the same product.

Mars, the candy company, traditionally used several brand names for the same product but has founds it necessary to select a single name to achieve uniformity in its standardized advertising campaigns. As a result, a candy bar sold in some part of Europe under the brand name Rider was changed to Twix, the name used in the United State and the United Kingdom.

The Message: Creative Challenges

Global Advertising and the Communications Process

A message may not get through because of media inadequacy, the message may be received by the intended audience but not be understood because of different cultural interpretations.

In international communications process each of the seven identifiable steps can ultimately affect the accuracy of the process. The process consists of the following:

An information source: An international marketing executive with a product message to communicate.

Encoding: The message from the source converted into effective symbolism for transmission to a receiver.

A message Channel: The sales force or advertising media that convey the encoded message to the intended receiver.

Decoding: The interpretation by the receiver of the symbolism transmitted from the information source.

Receiver: Consumer action by those who receive the message and are the target for the though transmitted.

Feedback: Information about he effectiveness of the message that flows from the receiver back to the information source for evaluation of the effectiveness of the process.

Noise: Uncontrollable and unpredictable influences such as competitive activities and confusion that detract from the process and affect any or all of the other six steps.

An Alalysis Markating of the system to work san day

Legal Constraints
Laws that control comparative advertising vary from country to country in Europe. In Germany it is illegal to use any comparative terminology. we can be sued by a competitor of we do. Belgium and Luxembourg explicitly ban comparative advertising, where as it is clearly authorized in the United Kingdom, Ireland, Spain, And Portugal.

In Kuwait , the government controlled TV network allows only 32 minutes of advertising per day, in the evening. Commercials are controlled to exclude superlative descriptions, indecent words, fearful or shocking shots, indecent clothing or dancing, contests, revenge shots and attacks on competition.

Linguistic Limitations
Language is one of the major barriers to effective communication through advertising. The problem involves different languages to different countries, and the subtler problems of linguistic nuance, vernacular, and even accent. Recently an Irish accent was voted “ sexiest” in Britain and Ireland , beating the competition from the Scots, Welsh, Geordies, Brummies, West Country and “posh English” contenders. For many countries language is a matter of cultural pride and preservation- France is the best example of course.

Cultural Diversity
International advertising is almost uniformly dreadful mostly because people don’t understand language and culture. Communication is more difficult because cultural factors largely determine the way various phenomena are perceived. If the perceptual framework is different, perception of the message itself differs.

Knowledge of cultural diversity must encompass the total advertising project. When introduced instant cake mixes in the United States and England, it had the problem of overcoming the homemaker’s guilt feelings. When general Mills introduced instant cake mixes in Japan, the problem changed. Cake were not commonly eaten in Japan, so there was no guilt feeling but the homemaker was concerned about failing.

Media Limitations
Limitations on creative strategy imposed by media may diminish the role of advertising in the promotional program and may force marketers to emphasize other elements of potential mix.

In our Country the TV channel or Bill Boards etc of the advertising media were limited, but now it is available .For this reason by using advertising media it can be possible to showing the advertisement of any products.

Production and Cost Limitations
When a budget is small or where there are severe production limitations, such as poor quality printing and a lack of high grade paper. For example, the poor quality of high circulation glossy magazines and other quality publications in eastern Europe has caused Colgate-Palmolive to depart from its customary heavy use of use of print media in the west for other media.

The necessity for low cost reproduction in small market poses another problem in many countries. For example, hand-painted billboards must be used instead of printed sheets because the limited number of billboards does not warrant the production of printed sheets.

Media Planning and Analysis
Tactical Consideration: Although nearly every sizable nation essentially has the same kinds of media, a number of specific considerations, problems, and different are encountered from one nation to another. In international advertising, an advertiser must consider the availability, cost, coverage, and appropriateness of the media. For example, billboard ads next to highways cannot include paragraph of texts. Moreover recent research has demonstrated that media effectiveness varies across cultures and product types. Local variations and luck of market data require added attention.

Imagine the ingenuity required of advertisers confronted with this situations

In Brazil, TV commercials are sandwiched together in string of 10 to 50 commercials within one station brick.

National coverage in many countries means using as many as 40to 50 different media.

In Vietnam, advertising in newspapers and magazines is limited to 10percent of space , and to 5 percent of time, or three minutes an hour, on radio and TV.

TV, BTV, ETV, NTV,

2011 Years

Availability

one of the contrasts of international advertisement is that some countries have too few advertising media and others have too many. In some countries, certain advertising media are forbidden by government edict to accept some advertising materials.

Cost
Media prices are susceptible to negotiation in most countries. Agencies space discounts are often split with the client to bring down the cost of media. The advertiser may find that the cost of reaching a prospect through advertising depends on the agents bargaining ability.

Coverage
Closely akin to the cost dilemma is the problem of coverage. Two points are particularly important: one relates to difficulty of reaching certain sectors of the population with advertising and the other to the lack of information on coverage. In many world marketplaces, a wide verity of media must be used to reach the majority of the markets, in some countries, large number of separate media have divided markets into uneconomical advertising segments.

Lack of market Data

Verification of circulation or coverage figures is the difficult task. Even where advertising coverage can be measured with some accuracy there are questions about the composition of the market reached. Even the attractiveness of global television is diminished some what because of the lack of media.

Newspapers
The newspapers industry is suffering from lack of competition in some countries and choking because of it in others. Most U.S cities have just one or two major daily newspapers, but in many countries, there so many newspapers that an advertiser has trouble achieving even partial market coverage.

Magazines
the use of foreign national consumers magazines by international advertisers has been notably low for many reasons. Few magazines have a large circulations or provide dependable circulations figures. Technical figures are used rather extensively to promote export goods but, as with newspapers, paper shortage cause placement problems. Media planners are often faced with the largest magazines accepting up to twice as many advertisings as they have space to run them in then the magazines decide what advertisements will go in just before going to press by means of a raffle.

Radio and television
Possibly because of their inherent entertainments values, radio and television have become major communication media in most nations. Most populous areas have television broadcasting facilities.

Radio has been relegated to subordinated position in the media race in countries where television facilities are well developed.

Television and radio advertising availability varies between countries. Tree patterns are discernible: competitive commercial broadcasting, commercials monopolies, and noncommercial broadcasting countries with free competitive commercials radio and television normally encourage completion and have minimal broadcast regulations.

Satellite and Cable TV
Of increasing importance in TV advertising is the growth and development of satellite TV broadcasting. Sky channel a United Kingdom based commercial satellite television station, beams its programs and advertising into most of Europe TV subscribers.

Direct Mail
Direct mail is a viable medium in an increasing number of countries. It is especially important when other media are not available.As is often the case in international marketing. even such a fundamental medium is subject to some odd or novel quirks. For example, in Chile, direct mail is very virtually eliminated as an effective medium because the sender pays only part of the mailing fee; the letter carrier must collect additional postage for every item delivered. Obviously advertisers cannot afford to alginate customers by forcing them to pay for unsolicited advertisements.

The Internet
Though still evolving, the internet has emerged as available medium for advertising and should be included as one of the media in a company’s possible media mix. Its use in business to business communications and promotion via catalogs and product descriptions is rapidly gaining in popularity.

Other Media
Restrictions on traditional media or their availability cause advertisers to call on lesser media to solve particular local country problems. The cinema is an important medium in many countries, are the billboards and other forms of outside advertising. Billboards are especially useful in countries with high illiteracy ratios. Hong Kong is clearly close seconds.

Campaign Execution and Advertising Agencies
The development of advertising campaigns and their execution are managed by advertising agencies. Just as manufacturing firms have become international, so too have U.S , Japanese’s, and European advertising agencies expanded internationally to provide sophistical agencies assistance worldwide. Local agencies expanded internationally as the demanded for advertising services by MNCs has developed. Thus international marketer has a variety of alternatives available.

A local domestics agencies may provide a company with the best culture interpretations in situations where local modification is sought, but the level of sophistication cab be weak. However, the local agencies may have the best feel for the market, especially if the international agencies has little experiences in the market.

International Control of advertising: Broader Issues

Broader issues related to the past, present or future of the international regulation of advertising considered.

Consumer criticism advertising are not a phenomenon of the U.S market only. Consumer concern with the standards and believability of advertising may have spread around the world more swiftly than have many marketing techniques. A study of a representative sample of European consumers indicated that only half of them believed that advertising meant higher prices; nearly eight of ten believed advertising often made them buy things they did not really need, and that ads often were deceptive about product quality. In Hong Kong, Colombia, and Brazil, Advertising fared much better than in Europe.

Wednesday, 4 January 2012

Integrated Marketing Communications And International Advertising

Integrated Marketing Communications  And International Advertising:
It is our great pleasure to complete the assignment on “Integrated Marketing Communications And International Advertising” under the supervision of During preparing the report we gave our best effort.

We convey our gratitude for forwarding your kind help and support to prepare this report where we have gained a lot of practical knowledge. We hope that you will kind enough to accept our report quite satisfactorily.

Integrated Marketing Communications
Integrated Marketing Communications (IMC) are composed of advertising, sales promotions, trade shows, personal selling, direct selling, and public relations-almost all are included in the Barbie campaign described in the global perspective. Indeed, even the original wall street journal story itself was most likely prompted by a company press release. All these mutually reinforcing elements of the promotional mix have as their common objective the successful sale of a product or service. In many markets the availability of appropriate communication channels to customers can determine entry decisions. For example, most toy manufacturers would agree that toys cannot be marketed profitably in countries without commercial television advertising directed toward children. Thus product and service development must be informed by research regarding the availability of communication channels.

India
Sales Promotions in International Marketing
Sales promotions are marketing activities that stimulate consumer purchases and improve retailer or middlemen effectiveness and cooperation, cents off, in-store demonstrations, samples, coupons, gifts, product tie-ins, contests, sweepstakes, and sponsorship of special events such as concerts and fairs and point-of-purchase displays are types of sales promotion devices designed to supplement advertising and personal selling in the promotional mix. Sales promotions are short-term efforts directed to the consumer or retailer to achieve such specific objectives as consumer product trial or immediate purchase, consumer introduction to the store, gaining retail point-of-purchase displays, encouraging stores to stock the product, and supporting and augmenting advertising and personal sales efforts. For example buy one get one free, in these offer encourage customers to buy that product, also increase the sales promotions.

International Public Relations
Creating good relationships with the popular press and other media to help companies communicate messages to their publics-customers, the general public, and governmental regulators-is the role of public relations. For example Coca-cola’s sponsorship of European football matches or ford sponsorship of Australian open tennis tournament that creates international public relation.

India
International Advertising
Since the turn of the century, growth in global advertising expenditures has slowed with the global economy. Most estimates of total expenditures for 2005 are in the neighborhood of $400 billion .A 4 percent annual growth rate is predicted through 2006,but that of course depends on a resurgence of growth in the general global economy .In this slow-growth global economic environment the advertising industry continues to undergo substantial restructuring. Global mass media advertising is a powerful tool for cultural change, and as such it receives continuing scrutiny by a wide variety of institutions. Advance in communication technologies (particularly Internet) are causing dramatic changes in the structure of the international advertising and communication industries. New problems are being posed for government regulations as well. Despite these challenges, the industries is experiencing dramatic growth as new media are developed and as new markets open to commercial advertising.

The basic framework and concepts of international advertising are essentially the same wherever employed. Seven steps are involved:
1. Perform marketing research.
2. Specify the goals of the communication.
3. Develop the most effective message(s) for the market segments selected.
4. Select effective media.
5. Compose and secure a budget.
6. Execute the campaign.
7. Evaluate the campaign relative to the goals specified.

India
Advertising Strategy and Goals
The goals of advertising around the world vary substantially. For Unilever is introducing a new product-line extension, Dove shampoo, in East Asian markets; and Russia’s airline Aeroflot is seeking to upgrade its quality image. All these marketing problems require careful marketing research and thoughtful and creative advertising campaigns in country, regional, and global markets, respectively. Increased costs, problems of coordinating advertising programs in multiple countries, and a desire for a broader company or product image have caused multinational companies (MNC) to seek greater control and efficiency without sacrificing local responsiveness. Many companies are using market-segment strategies that ignore national boundaries-business buyers or high-income consumers across the globe are often targeted, for example. Others are proposing newer global market segments defined by “consumer cultures” related to shared sets of consumption-related symbols-convenience, youth, America, Internationalism, and humanitarianism are examples.

Product Attribute and Benefit Segmentation
A market offering really is a bundle of satisfactions the buyer receives. This package of satisfactions, or utilities, includes the primary function of the product or service along with many other benefits imputed by the values and customs of the culture. Different cultures often seek the same value or benefits from the primary of a product.

For example, the ability of an automobile to get from point A to point B, a camera to take a picture , or a wristwatch to tell time. But while usually agreeing on the benefit of the primary function of a product, other features and psychological attributes of the item can have significant differences.

Bangladesh
Regional Segmentation
The emergence of pan-European communications media is enticing many companies to push the balance toward more standardized promotional efforts. As media coverage across Europe expands, it will become more common for markets to be exposed to multiple messages and brands of the same product.

Mars, the candy company, traditionally used several brand names for the same product but has founds it necessary to select a single name to achieve uniformity in its standardized advertising campaigns. As a result, a candy bar sold in some part of Europe under the brand name Rider was changed to Twix, the name used in the United State and the United Kingdom.

The Message: Creative Challenges
Global Advertising and the Communications Process
A message may not get through because of media inadequacy, the message may be received by the intended audience but not be understood because of different cultural interpretations.

In international communications process each of the seven identifiable steps can ultimately affect the accuracy of the process. The process consists of the following:

1. An information source: An international marketing executive with a product message to communicate.
2. Encoding: The message from the source converted into effective symbolism for transmission to a receiver.
3. A message Channel: The sales force or advertising media that convey the encoded message to the intended receiver.
4. Decoding: The interpretation by the receiver of the symbolism transmitted from the information source.
5. Receiver: Consumer action by those who receive the message and are the target for the though transmitted.
6. Feedback: Information about he effectiveness of the message that flows from the receiver back to the information source for evaluation of the effectiveness of the process.
7. Noise: Uncontrollable and unpredictable influences such as competitive activities and confusion that detract from the process and affect any or all of the other six steps.

Legal Constraints
Laws that control comparative advertising vary from country to country in Europe. In Germany it is illegal to use any comparative terminology. we can be sued by a competitor of we do. Belgium and Luxembourg explicitly ban comparative advertising, where as it is clearly authorized in the United Kingdom, Ireland, Spain, And Portugal.

In Kuwait , the government controlled TV network allows only 32 minutes of advertising per day, in the evening. Commercials are controlled to exclude superlative descriptions, indecent words, fearful or shocking shots, indecent clothing or dancing, contests, revenge shots and attacks on competition.

Linguistic Limitations
Language is one of the major barriers to effective communication through advertising. The problem involves different languages to different countries, and the subtler problems of linguistic nuance, vernacular, and even accent. Recently an Irish accent was voted “ sexiest” in Britain and Ireland , beating the competition from the Scots, Welsh, Geordies, Brummies, West Country and “posh English” contenders. For many countries language is a matter of cultural pride and preservation- France is the best example of course.

India
Cultural Diversity
International advertising is almost uniformly dreadful mostly because people don’t understand language and culture. Communication is more difficult because cultural factors largely determine the way various phenomena are perceived. If the perceptual framework is different, perception of the message itself differs.

Knowledge of cultural diversity must encompass the total advertising project. When introduced instant cake mixes in the United States and England, it had the problem of overcoming the homemaker’s guilt feelings. When general Mills introduced instant cake mixes in Japan, the problem changed. Cake were not commonly eaten in Japan, so there was no guilt feeling but the homemaker was concerned about failing.

Media Limitations
Limitations on creative strategy imposed by media may diminish the role of advertising in the promotional program and may force marketers to emphasize other elements of potential mix.

In our Country the TV channel or Bill Boards etc of the advertising media were limited, but now it is available .For this reason by using advertising media it can be possible to showing the advertisement of any products.

Production and Cost Limitations
When a budget is small or where there are severe production limitations, such as poor quality printing and a lack of high grade paper. For example, the poor quality of high circulation glossy magazines and other quality publications in eastern Europe has caused Colgate-Palmolive to depart from its customary heavy use of use of print media in the west for other media.

The necessity for low cost reproduction in small market poses another problem in many countries. For example, hand-painted billboards must be used instead of printed sheets because the limited number of billboards does not warrant the production of printed sheets.

Media Planning and Analysis
Tactical Consideration: Although nearly every sizable nation essentially has the same kinds of media, a number of specific considerations, problems, and different are encountered from one nation to another. In international advertising, an advertiser must consider the availability, cost, coverage, and appropriateness of the media. For example, billboard ads next to highways cannot include paragraph of texts. Moreover recent research has demonstrated that media effectiveness varies across cultures and product types. Local variations and luck of market data require added attention.

Imagine the ingenuity required of advertisers confronted with this situations
1. In Brazil, TV commercials are sandwiched together in string of 10 to 50 commercials within one station brick.
2. National coverage in many countries means using as many as 40to 50 different media.
3. In Vietnam, advertising in newspapers and magazines is limited to 10percent of space , and to 5 percent of time, or three minutes an hour, on radio and TV.

Availability
one of the contrasts of international advertisement is that some countries have too few advertising media and others have too many. In some countries, certain advertising media are forbidden by government edict to accept some advertising materials.

Cost
Media prices are susceptible to negotiation in most countries. Agencies space discounts are often split with the client to bring down the cost of media. The advertiser may find that the cost of reaching a prospect through advertising depends on the agents bargaining ability.

Coverage
Closely akin to the cost dilemma is the problem of coverage. Two points are particularly important: one relates to difficulty of reaching certain sectors of the population with advertising and the other to the lack of information on coverage. In many world marketplaces, a wide verity of media must be used to reach the majority of the markets, in some countries, large number of separate media have divided markets into uneconomical advertising segments.

Lack of market Data
Verification of circulation or coverage figures is the difficult task. Even where advertising coverage can be measured with some accuracy there are questions about the composition of the market reached. Even the attractiveness of global television is diminished some what because of the lack of media.

Newspapers
The newspapers industry is suffering from lack of competition in some countries and choking because of it in others. Most U.S cities have just one or two major daily newspapers, but in many countries, there so many newspapers that an advertiser has trouble achieving even partial market coverage.

India
Magazines
the use of foreign national consumers magazines by international advertisers has been notably low for many reasons. Few magazines have a large circulations or provide dependable circulations figures. Technical figures are used rather extensively to promote export goods but, as with newspapers, paper shortage cause placement problems. Media planners are often faced with the largest magazines accepting up to twice as many advertisings as they have space to run them in then the magazines decide what advertisements will go in just before going to press by means of a raffle.

Radio and television
Possibly because of their inherent entertainments values, radio and television have become major communication media in most nations. Most populous areas have television broadcasting facilities.

Radio has been relegated to subordinated position in the media race in countries where television facilities are well developed.

Television and radio advertising availability varies between countries. Tree patterns are discernible: competitive commercial broadcasting, commercials monopolies, and noncommercial broadcasting countries with free competitive commercials radio and television normally encourage completion and have minimal broadcast regulations.

India
Satellite and Cable TV
Of increasing importance in TV advertising is the growth and development of satellite TV broadcasting. Sky channel a United Kingdom based commercial satellite television station, beams its programs and advertising into most of Europe TV subscribers.

Direct Mail
Direct mail is a viable medium in an increasing number of countries. It is especially important when other media are not available.As is often the case in international marketing. even such a fundamental medium is subject to some odd or novel quirks. For example, in Chile, direct mail is very virtually eliminated as an effective medium because the sender pays only part of the mailing fee; the letter carrier must collect additional postage for every item delivered. Obviously advertisers cannot afford to alginate customers by forcing them to pay for unsolicited advertisements.

The Internet
Though still evolving, the internet has emerged as available medium for advertising and should be included as one of the media in a company’s possible media mix. Its use in business to business communications and promotion via catalogs and product descriptions is rapidly gaining in popularity.

India
Other Media
Restrictions on traditional media or their availability cause advertisers to call on lesser media to solve particular local country problems. The cinema is an important medium in many countries, are the billboards and other forms of outside advertising. Billboards are especially useful in countries with high illiteracy ratios. Hong Kong is clearly close seconds.

Campaign Execution and Advertising Agencies
The development of advertising campaigns and their execution are managed by advertising agencies. Just as manufacturing firms have become international, so too have U.S , Japanese’s, and European advertising agencies expanded internationally to provide sophistical agencies assistance worldwide. Local agencies expanded internationally as the demanded for advertising services by MNCs has developed. Thus international marketer has a variety of alternatives available.

A local domestics agencies may provide a company with the best culture interpretations in situations where local modification is sought, but the level of sophistication cab be weak. However, the local agencies may have the best feel for the market, especially if the international agencies has little experiences in the market.

International Control of advertising: Broader Issues
Broader issues related to the past, present or future of the international regulation of advertising considered.

Consumer criticism advertising are not a phenomenon of the U.S market only. Consumer concern with the standards and believability of advertising may have spread around the world more swiftly than have many marketing techniques. A study of a representative sample of European consumers indicated that only half of them believed that advertising meant higher prices; nearly eight of ten believed advertising often made them buy things they did not really need, and that ads often were deceptive about product quality. In Hong Kong, Colombia, and Brazil, Advertising fared much better than in Europe.

Comparative study between well structured and bad structured

Comparative study between well structured and bad structured:
India:
A website, or Web site, is not the same thing as a Web page. Though the two terms are often used interchangeably, they should not be. A Web site is a collection of Web pages containing images, videos or other digital assets. A website is hosted on at least one web server, accessible via a network such as the Internet or a private local area network through an Internet address known as a Uniform Resource Locator. For example, Amazon.com is a Web site, but there are millions of Web pages that make up the site.

India:
A web page is a document, typically written in plain text interspersed with formatting instructions of Hypertext Markup Language (HTML, XHTML). The pages of a website can usually be accessed from a simple Uniform Resource Locator (URL) called the homepage. The URLs of the pages organize them into a hierarchy, although hyperHYPERLINK "http://en.wikipedia.org/wiki/Hyperlink" HYPERLINK "http://en.wikipedia.org/wiki/Hyperlink"linking between them conveys the reader's perceived site structure and guides the reader's navigation of the site.

History
The World Wide Web (WWW) was created in 1990 by CERN physicist Tim Berners-Lee. On 30 April 1993, CERN announced that the World Wide Web would be free to use for anyone. Before the introduction of HTML and HTTP, other protocols such as File Transfer Protocol and the gopher protocol were used to retrieve individual files from a server. These protocols offer a simple directory structure which the user navigates and chooses files to download. Documents were most often presented as plain text files without formatting, or were encoded in word processor formats.

features
Some essential features of websites are given below. These are generally applicable to both our basic and advanced websites.
· Construction
· Accessibility
· Navigation
· Contact
· Graphics
· Additional Features
· Security

GOOD Features
One of the elements of good photo design is a lack of the elements that make bad web design. If you stay away from everything listed in the below about dorky web pages, you've probably got a pretty nice web site. In addition, keep these concepts in mind:
Text
Background does not interrupt the text
Text is big enough to read, but not too big
The hierarchy of information is perfectly clear
Columns of text are narrower than in a book to make reading easier on the screen

Navigation
Navigation buttons and bars are easy to understand and use
Navigation is consistent throughout web site
Navigation buttons and bars provide the visitor with a clue as to where they are, what page of the site they are currently on
Frames, if used, are not obtrusive
A large site has an index or site map

Links
Link colors coordinate with page colors
Links are underlined so they are instantly clear to the visitor

Graphics
Buttons are not big and dorky
Every graphic has an alt label
Every graphic link has a matching text link
Graphics and backgrounds use browser-safe colors
Animated graphics turn off by themselves

General Design
Pages download quickly
First page and home page fit into 800 x 600 pixel space
All of the other pages have the immediate visual impact within 800 x 600 pixels
Good use of graphic elements (photos, subheads, pull quotes) to break up large areas of text
Every web page in the site looks like it belongs to the same site; there are repetitive elements that carry throughout the pages

BAD Features
Below are features that can make a web design look dorky.
Backgrounds
Default gray color
Color combinations of text and background that make the text hard to read
Busy, distracting backgrounds that make the text hard to read

Text
· Text that is too small to read
· Text crowding against the left edge
· Text that stretches all the way across the page
· Centered type over flush left body copy
· Paragraphs of type in all caps
· Paragraphs of type in bold
· Paragraphs of type in italic
· Paragraphs of type in all caps, bold, and italic all at once
· Underlined text that is not a link

Links
· Default blue links
· Blue link borders around graphics
· Links that are not clear about where they will take you
· Links in body copy that distract readers and lead them off to remote, useless pages
· Text links that are not underlined so you don't know they are links
..(If you're not going to underline your links, please make darned sure
..that each link is perfectly clearly a link! Don't make me wander around
..with my mouse checking to see if randomly colored text is a link!)

· Dead links (links that don't work anymore)

Graphics
· Large graphic files that take forever to load
· Meaningless or useless graphics
· Thumbnail images that are nearly as large as the full-sized images they link to
· Graphics with no alt labels
· Missing graphics, especially missing graphics with no alt labels
· Graphics that don't fit on the screen (assuming a screen of 800 x 600 pixels)

Tables
· Borders turned on in tables
· Tables used as design elements, especially with extra large (dorky) borders

Blinking and animations
· Anything that blinks, especially text
· Multiple things that blink
· Rainbow rules (lines)
· Rainbow rules that blink or animate
· "Under construction" signs, especially of little men working
· Animated "under construction" signs
· Animated pictures for email
· Animations that never stop
· Multiple animations that never stop

Junk
· Counters on pages -- who cares
· Junky advertising
· Having to scroll sideways (800 x 600 pixels)
· Too many little pictures of meaningless awards on the first page
· Frame scroll bars in the middle of a page
· Multiple frame scroll bars in the middle of a page

Navigation
· Unclear navigation; over complex navigation
· Complicated frames, too many frames, unnecessary scroll bars in frames
· Orphan pages (no links back to where they came from, no identification)
· Useless page titles that don't explain what the page is about

General Design
· Entry page or home page that does not fit within standard browser window (800 x 600 pixels)
· Frames that make you scroll sideways
· No focal point on the page
· Too many focal points on the page
· Navigation buttons as the only visual interest, especially when they're large (and dorky)
· Cluttered, not enough alignment of elements
· Lack of contrast (in color, text, to create hierarchy of information, etc.)
· Pages that look okay in one browser but not in another

Structure
Now we're going to look at the overall structure of a website. This is different from the individual pages within the site (i.e. content). A website's structure is the framework in which the information or content is presented.

structure and navigation
The structure of your site is composed of the different sections of your website and navigation within those sections. It is the framework that shapes your site and defines your navigation scheme. If you develop a sound website structure everything else will fall into place.

Developing
The structure of a website is like the skeleton or nervous system in the human body. Every joint or synapse is connected together into a network of mechanical or electrical links, which in turn makes us who and what we are. So should a website be connected through a network of links into something that provides form and function to your site. The website basic layout shown below is a simplified example of such a network.

Navigation
The key to the success of your website's structure is the ease with which your visitors can navigate the site. A general rule of thumb is that it should take no more than two clicks for a visitor to find what they are looking for.

Two click navigation
In the example above there are three tiers of content which can be accessed in two clicks. From the homepage to the main sections (click 1) and then to the subsections (click 2) is a simple and intuitive path. If necessary you can add a third tier of data but more than that will not only begin to confuse your visitors but also impedes the deep access of search engine spiders.

The Home Page
This is a visitors first impression of your site. It should tell visitors what your site is about. The homepage should answer the questions Who, What, and Why about the sites purpose.

Sitemap
A home page should also provide links to a sitemap or table of contents which can guide visitors to the information they need. If they can find the information they want quickly and easily, they will enjoy their visit. And if they enjoy their visit and find that the time spent there was worthwhile, they'll come back.

Limit your text and links
A home page should not contain a lot of text. 400 words should be about the limit you should shoot for. It should provide an overview of your site giving the visitor a clear idea of what is available and how to get there and also provides the search engines with something to go by when they index your site.

Also, don't present your visitors with a huge list of links to every single page on your site - that's why you have main and subsections. (see diagram above)

Keep your homepage short and to the point
It has been determined that most web users browse a website's homepage quickly. They look to see if there is any reason for them to go deeper into the site. They want to find this information quick without being confused by irrelevant distractions.

A large percentage of those using the web never scroll down past the first screen full of information. So, keep that homepage short and to the point. Have your links prominently displayed and make sure a visitor knows what your site is about on the first screen they see.

The main sections
The main sections of a website form the headings of specific bodies of data. In other words the main sections of a website form the gateway or entry point into particular areas of your site. For example if you are selling shoes your main sections might be mens shoes, ladies shoes and childrens shoes. The subsections would break down each category of shoes into color, size and style.

Developing your navigation scheme
Your main sections will form the backbone of your navigation system. These will be the links that take your visitors deeper into your website. Select them with care, keeping in mind that your website structure will be shaped by them. These pages should provide one click access to the subsections.

Links and themes
This tier of your website structure is primarily a collection of links that provide access to the main content (i.e. subsections) of the site. Each main section should cover a specific subject or data base which is focused on a single topic. Theme each main section to correspond to its subsection content.

The subsections
Once you have developed the main sections of your website and decided upon your navigation scheme group your data into subsections. Each subsection should contain all of the important data relating to a particular main section. Keep the topical information organized into its specific category for easy retrieval.

The content and central message
The subsections of a website form the body and central message of the site. This is where most of your content will reside.

Accessing your subsections
When a visitor decides to look further into your site it is into the subsections that they should be directed. Provide a navigation scheme that allows one click access to your subsections.

Comparative study:
7 Factors that Separate Good Websites from Bad

We all naturally form opinions about the websites we visit. Some of them we love so much that we come back several times a week, and others leave us with a bad experience that causes us to never return. But what is it that determines whether a website is good or bad? As individuals we each have our own opinions and we’ll never completely agree on which websites are good and which ones are bad, but most of us will base our feelings on similar factors. Here is a look at 7 factors that I feel are influential in this determination.

1 – Purpose
Every website needs a well-defined purpose. Website owners and bloggers who have a solid understanding of what they expect to get out of their site will be able to work backwards in order to determine how the site should be managed, what content should be included, what messages should be communicated to visitors, and really everything involved with developing and running a website.

Unfortunately, it’s pretty common for site owners to rush through the process of setting up a website and the true purpose is sometimes overlooked. Without knowing specifically what you hope to achieve, you will lack direction, your efforts will be scattered, and your chances of making a positive impact with your site will be poor.

A purpose should be fairly specific. Instead of saying “I want to improve my business by having a stronger presence online,” consider something like “My website will become the most consistent source of leads for my services and it will help me to improve communication with potential clients.” With the second purpose, you now know specifically what you want to achieve with your website, it’s just a matter of finding ways to make that happen.

The purpose of a website functions in essentially the same manner that a mission statement aids a business. It sets the tone for all of the activities and it gives a context that should be used to help in decision making. If your business already has a mission statement, I suggest also developing a separate purpose for your website. The website’s purpose should serve to support the mission and make the business more effective in achieving that mission.

2 – Clarity
Your website may have a purpose, but is it clear to your visitors why your website exists? It’s easy to get caught up in adding all kinds of new features and building fancy websites, but sometimes overload can produce a jumbled message to visitors that produces confusion.

One of the goals during development of a website should be to achieve clarity that will show visitors what they can get out of your website and why they should care. Clarity applies to all different types of websites. E-commerce sites need to clearly communicate to visitors what can be purchased and why it should be done through their particular website. Blogs need to communicate to new visitors what the blog is all about and what types of content they will receive if they subscribe. Service providers need clarity when they are communicating the details of their services to visitors.

Clarity is sometimes achieved through simplicity. Cutting out the noise and the clutter on a website can make the primary message more easily understood by visitors. One of the reasons for using a minimalistic design is to assist in the level of clarity.

3 – Usability
For any website to be successful, people need to be able to use it. Design and appearance will never replace the need for usability. The usability needs of a site will partially depend on the nature of the site. For example, a large e-commerce site needs to have an effective search function, logical categorization of products for browsing, a user-friendly shopping cart, etc. A blog or any type of website with lots of text will need to provide excellent readability, good navigation between articles, etc.

Any site that lacks usability will struggle to keep visitors on the site and to encourage repeat visits. Most of us internet users are impatient and if we find something that makes us work too hard, we’ll simply leave. For a more informative look at the topic of usability, see What Everybody Ought to Know HYPERLINK "http://www.blogdesignblog.com/blog-design/usablity-web-design/"AboutHYPERLINK "http://www.blogdesignblog.com/blog-design/usablity-web-design/" Usability and Web Design.

4 – Accessibility
Accessibility and usability often get lumped together because they somewhat overlap, but they are two distinct issues. An accessible website will not force visitors to use a certain browser, exclude handicapped users, etc. If users can’t access your website, it’s obviously not usable either.

Effective websites will be widely accessible. The difficulty with accessibility is the amount of factors that are outside of your control. However, it is possible to have an attractive, information, and helpful site that is still accessible. For more on accessibility, see 100 Killer Web Accessibility Resources.

5 – User-Focus
Because visitors ultimately determine the success of a website, they should be the focus during development. Often times, however, designers or website owners get distracted by their own wants and needs for the website, and the users are forgotten or put on the back burner.

A user-focused website will be both usable and accessible, but it will be much more than that. A website or blog that is focused on users will build content that interests and helps users, and the desires of visitors will always be important in any decision involving the development of the site. A poor website will do the opposite, it will focus on the needs of the owner and attempt to force visitors to fit in the same box.

6 – Navigation
Website navigation affects both usability and accessibility, but it is important enough to warrant its own spot on this list. When developing a new website or working on a redesign, navigation should be a primary concern. Unless you want visitors to view one page and then leave your site, you’ll need to make it as easy as possible for them to find what they are looking for.

Most websites and blogs today use fairly common navigational techniques that are expected by the average visitor. Typically, the site will have a primary navigation menu that will link to the most important pages on the site, and other links will be added to the body of the page wherever appropriate. Sitemaps, sitewide searches and FAQ pages are all very common and visitors will look for them when they don’t know where else to turn.

Blogs also have their own unique navigational trends that blog readers tend to appreciate, such as a list of categories, links to the most recent posts, links to the most popular posts, and links to related posts.

In addition to providing visitors with an easy way to move through the site, navigation is often used by designers to create more visually-appealing websites (see 45 Photoshop Tutorials for Better Navigation). Although navigation provides designers with a great opportunity to improve the look of the site, attractiveness should not come at the expense of usability and accessibility.

When developing the navigation for your website, think about what pages are most likely to be wanted by visitors, which pages are most critical for the purposes of your website, how visitors will want to move from one page to the next, what visitors will expect in terms of link location and pages linked, and how many clicks it will take visitors to get from your homepage to any other specific page.

7 – Appearance
Last but not least, the appearance of a website will be a determining factor in its success. Not every website needs to be an award-winning design in order to achieve it’s goals, but it should appeal to it’s specific audience and it should present a positive, professional image.

Trends in web design are constantly changing, and chances are if your site hasn’t been redesigned since 1999 it’s painfully obvious to your visitors. Most website owners prefer to freshen up their design or completely change it every couple of years to avoid this type of situation.

The design of the site should complement the content of the site, not overpower it. The design should also match stylistically with the message and the purpose of the site.

Example of “Good” Web Sites

Example of “Not So Good” Web Sites

Cnclusion:
Although the site is reasonable in some areas as can be seen from the analysis above, there is still a lot of room for improvement.The first obvious improvement is that the site needs to be updated. The site should clearly show when it was last updated and how often the information is updated. This should be clearly seen when the reader first accesses the site instead of putting the information under ‘Issues of Note’. By updating the site frequently, it will ensure no dead links are present.A very important and pertinent issue that the site needs to address is on its quality of information. The site should tell the reader who wrote the information and also provide a reference list. Telling the reader where the information comes from will gain the reader’s trust if the source is legitimate. The reader may therefore feel more confident in knowing the fact that the information is not just made up by anyone. By having a reference list, the reader can check a particular reference for further information if required
***

Introduction to Computer Sectional

THE ROSE
Everybody likes flower. Rose is one of the common flower in the world. It called the ‘queen’ of flower. It is famous for its sweet scent & charming color. It is generally used in different cultural function, wedding ceremony, birthday party etc. It is symbol of love. It is also used in many state function to celebrate V.I.P. Now-a-days many people earn their livelihood by selling rose. In our country, the rose plantation is not sufficient. So, for the greater interest of the flower lovers, more and more rose must be planted in our country. (15 FRONT in ARIAL)....

TRUTHFULNESS
Truthfulness is the greatest of all the virtues which makes a man really great. It is the habit of speaking of things as they are. It is the central post of one’s character. Without it, other good aspects of human character bear no value. The true happiness & prosperity depends on it. It ennobles one’s character & gives one a high position in society. To tell a lie is a great sin. Truthfulness is a quality which is very difficult to maintain. All the great men of all the ages of all countries possessed this particular quality. One who does not speak the truth is neither respected nor trusted. Without cultivating the habit of speaking truth one cannot command the confidence of others. Truthfulness, therefore, is the only ladder to humanity. (12 FRONT in TIMES NEW ROMAN)…..

WINTER MORNING
A winter morning is misty & cold. It is pleasant to the rich but curse to the poor. There is dense fog everywhere . dew drops fall on the grasses . the sun seems to rise late . children & old people do not want to get up from bed even when the sun rise . farmers go to the field with their cows & ploughs . the old people bask in the sun . some people come out to sell date juice . the scene of the winter morning gradually vanishes as the day advances . (13 front in castellar)

Foreign Trade in Bangladesh

ASSIGNMENT
ON
Foreign Trade in Bangladesh
Course Code:
Course Title:
Submitted to:
Department of Business Administration
Submitted by:
Name ID No.
Section
Department of Business Administration
Submission Date:
Subject
Dear Sir:
Bangladesh is very dutiful

Acknowledgement
At first thanks to our Almighty Who gave us the concentration to prepare this assignment. Secondly we are thanking our honorable teacher for his good topics (Foreign trade in Bangladesh) that he given us. We didn’t know what is the present situation of foreign trade of Bangladesh especially Export and Import but after preparing this assignment now we know well what the present situation of foreign trade of our country.

Executive Summery
Bangladesh has climbed into a success story from the unbelievably humble beginning in December 1971.From at that time Bangladesh has made remarkable achievement in several sectors. It has been able to achieve self-sufficient in food to feed a population of around 130 million. At present economic growth rate is 4.8%. GDP during the year was US$ 47259 million. Per capital GDP was US$ 355. Total export earnings during the year 2001-2002 was US$ 5986.09 million. Import payment during the year 2001-2002 was US$ 8600 million and Total deficit during the year decreased to US$ 2614million. With a view to attaining favorable trade balance and gradual improvement in reserve situation, a five-year export policy was formulated along with more liberal five-year import policy framed in 1997-98. In the wake of the terrorist incident of September 11, 2001 in the USA and the subsequent event of the world, the export sector of Bangladesh suffered unexpectedly in the beginning of the FY2001-2002. In spite of the increase of the remittances of the expatriate Bangladeshis, the foreign currency reserve decrease as the exports suffered severe loss. Against the background, government adopted pragmatic export and import policies supported by appropriate fiscal and monitory polices to effectively face this adverse situation. As a result, the situation gradually improves after January 2002.

Objective:
The objective of this assignment is to know about the present economic situation of our country. From this assignment we will be able to know the present export and import situation and the balance of trade. By comparing the Export, import and others things related with this, we will be able to know which sector performing well and which sector performing very poor and which steps we have to take for improving our present economic condition.

Introduction:
Bangladesh is a least-development country. We are steeped in the vicious circle of poverty. Limited purchasing power in the country stands in the way to increase production and mercerization. In these circumstances, there is no alternative to increase in production and employment through export. Bangladesh has climbed into a success story from the unbelievably humble beginning in December 1971. With the inheritance of a war-ravaged infrastructure and economy, with an over whelming large population living line and insufficient access to education, health service and nitration, Bangladesh has made remarkable achievement in several sectors. Bangladesh geographical location gives the country an added advantage and importance.

Bangladesh Economy:
The economy of the country has achieved a growth rate of 4.8% during the year 2001-2002. GDP during the year was US$ 47259 million compared to US$ 46934 million during the preceding year. Per capital GDP was US$ 355 which was US$ 357 during the previous year. Inflation increased to 2.8% during 2001-2002, which was 1.6%during the previous year. Agriculture still holds an important position in our national economy in creating employment and increasing national income. The contribution of this sector in national income is about 24.6%. Growth in agriculture has decreased to 2.8%. Growth during the year 2000-2001 was 3.1%.Fish production has increased by 3%. Growth in the sector during the preceding year was 8.4% Target for food production during the year 2001-2002 was 28.1 million tons. Actual production during the time was 26.8 million tons compared to 26.9million tons in the year 2000-2001.Due to depression in the world economy, growth in the industry sector during the year 2001-2002 decreased to 6.1% compared to 7.2%during the previous year.

Gross national savings during the year was 22.8% of GDP compared to 22.3% during the previous year. Gross fixed investment increased by 7.4% in 2001-2002, compared to 7.2% in 2000-2001. Total investment during the year 2001-2002 was US$ 1886.83million. Out of which US$ 1833 million was registered with the board of investment. Investment made by Bangladesh Small & Cottage Industries Corporation was US$5.42 million. Investment in the EPZs was US$ 48.41 million compared to US$ 9363million during the year 2000-2001.Import expenditure declined by 8.1% due to decrease food grain import. In total import the contribution of capital goods were 28.3%, raw materials 19.1%, consumer goods 6.36% and others including EPZ 46.2%.Total export earnings during the year 2001-2002 was US$ 5986.09 million. The principal are – Woven garments 53%, Knitwear 24%, Frozen food 5%, Jute products4%, Leather 3%, Raw jute 1%, Chemical products 1%, others 9%.Total deficit during the year decreased to US$ 2614 million, which was US$ 2895.70million during the previous year. Remittance from expatriate Bangladeshis was US$2504 million compared to US$ 1882 during the preceding year registering an increaseof about 33%.

Trade policy and reconstructing programs:
Now a day’s world is going to globalization so the trade is very easy but so muchcompetitive. So government has been pursuing limited protective policy only inconsideration of certain issues like public health, security and religious bindings. Side by side, more liberal import and export policies and program have been adoptedincluding reduction in tariff rates.Government pursued one-year export and import policies in the eighties and tow-year policies in the first half of nineties. Now five years export and import policies have been formulated with the goals and objectives of market economy in conformity withthe agreement under Uruguay round and WHO.In addition, more dynamic and pragmatic steps have been taken to maintain favorable balance between import- export supplying quality goods at reasonable price throughremoval of restriction imposed on movement of goods and services at internationallevel as far as possible, creating favorable environment for investment including directforeign investment and expansion and to make the policies more pragmatic,representative of private sector including the federation of Bangladesh Chamber of Commerce and Industries (FBCCI) have been involved in the process.

Export Policy:
1.To achieve optimum national growth through increase of export in regionaland international market.
2.To narrow down the gap between export earning and import paymentgradually by achieving the export target.
3.To endeavor for optimum benefit in accessing liberalized and globalizeinternational trade under the post Uruguay round environment.
4.To develop marketability of exportable through product diversification andquality improvement.
5.To take steps to establish backward linkage with the export oriented industriesand services sectors, introduction of newer products and export of high valueadded items.
6.To simplify export procedure, rationalized and strengthen export incentives.
7.To develop infrastructure for export trade.
8.To create skill manpower in the export sector.
9.To improve the quality and grading of the export items to the internationallyaccepted standard.To achieve the above objectives, following strategies and provisions have beenincorporated in the new export policy.

Among financial facilities:
Export credit guarantee scheme has been simplified and restructured. Beside, facilitieshave been provided for converting foreign exchange earned through export for import purpose and the limit to keep it own account increased to 40% from 20%. For production of goods, credit procedures have been simplified and repayment periodraised to 270 days from 180 days including lowering of interest rate.

Important fiscal facilities:
Custom duty and import license fee have been waived for import of wet blue leather and pickled leather used in the leather industry, deduction of tax at source has beenreduced and tax system as well as duty draw-back facility have been simplified; bonded warehouse facility for all export industries has been simplified. These facilitieswill be expanded to all cases of 100% export industries; 100% export orientedindustries outside EPZ have been allowed the facility to import capital machineryduty-free.

Among other facilities:
Minimum 80% Export oriented industries will enjoy facilities like 100% exportoriented industries; air freight at reduced rate has been allowed for export of all goodsincluding fruits under crash program beside in special cases facilities have been provided for import of capital and raw materials for export and export orientedindustries; restriction relating to LC and country of origin have been waived for importof capital and raw materials for 100% export oriented industries.Facilities for back-to-back LC and currency conversion have been simplified for readymade garments and knitting Industries. VAT has been rationalized in the case of import of samples and gray cloth.Leather and leather goods industry, high valued new and higher value added agro- processing sector earmarked as “Thrust Sector” in the new export policy. Higher rateof financial, fiscal concession and commercial and communication facilities have been provided to these sector.Following the September 11 shock and subsequent event of the world, the export of Bangladesh suffered unexpectedly in the beginning of FY 2001-2002. In spite of theincrease in remittances of the overseas of Bangladeshis, the foreign currency reservedecreased as the exports sustain sever loss.Given this adverse situation, government adapted pragmatic trade policies coupledwith appropriate fiscal and monetary policies to overcome the difficulties. As a result,export situation and external balance gradually improved after January 2002.

Exports of Primary and Manufacturing Commodities
EPB (2004) reports that out of the total export earnings of US$ 6548.44 million during the FY 2002-200,3 the share of primary goods stood at US$ 462.59 million and that of manufactured goods at US$ 6085.85 million i.e. 7.06% and 92.94% respectively as against US$ 390.30 million and US$ 5595.79 million i.e. 6.52% and 93.48% respectively during the FY 2001-2002. Another noteworthy feature of the export sector is that the share of primary commodities in total exports is gradually decreasing, whereas the corresponding share of manufacturing commodities is gradually increasing over the years. This change in export composition indicates a good sign for the economy, as the price of primary commodities is comparatively uncertain in the international market. In the fiscal year 1982-83, the shares of primary and manufactured commodities were 35.42% and 64.58% respectively. These shares stood at 7.06% and 92.94% in 2002-2003 representing 80.06% decrease for primary commodities and 43.91% increase for manufacturing commodities.

Export Value, Volume and Unit Price Index
The export growth of Bangladesh has occurred due to both price and volume increases over the years. Compared to FY 2001-2002, overall export during FY 2002-2003 increased, in dollar terms, by about 9.39%. Export price index during this period increased by 2.31%. This indicates that export volume increased by 7.08% in FY 2002-2003.

Exports in the primary commodities sector increased by 18.52%, in terms of US dollars, in FY 2002-2003 as against the increase in price index by 26.18%. Thus the primary commodities sector registered a decrease of 7.66%, in volume terms, in FY 2002-2003.

However, both export volume and export price in the manufactured commodities sector increased during FY 2002-2003 as compared to the preceding fiscal year. Export value in terms of US dollar reported an increase of 8.76% during this fiscal year, but the unit price index in this sector increased by 0.36% indicating a volume wise increase of 8.40% (EPB 2004).

Exports Performance Compared to Imports
The export earnings also continuously increased over the years with increased import payments. Though import payments are always higher than the export earnings in absolute terms, the percentage of Bangladesh’s export to imports is improving gradually and in recent years has been quite impressive. In FY 1983-84 the value of Bangladesh’s exports was US$ 811 million and the corresponding figure for Bangladesh’s imports was US$ 2073 million that represents export/import ratio of 39.12%. The export-import ratio increased to 70.09% and 67.80%, respectively, in FY2001-02 and FY 2002-03 (EPB 2004).

Import policy:
On June 14, 1998, the five years (1997-2002) import policy became effective. In thenew import policy, BEPZA, BACIC and Board of Investment (BOI) have been treatedas sponsors of concerned industries. Additionally industrial and import policies have been integrated. As a result administrative complexities for obtaining prior approvalfor different ministers, a requirement for industrialization and commercialization havealready reduced.In the new policy, quality control mechanism of imported goods has also beenstrengthened. Requirement for declaring country of origin for import of raw materialshas been withdrawn for export oriented industries enjoying bonded warehouse facility.Consequently raw materials import has been made easier for 100% export industries.Gold and silver policy has been formulated in keeping with the exchange control regulations of Bangladesh bank. Under the new import policy expatriate Bangladeshisand foreign investors, as pert of equity share, will be able to send any quantity of capital machinery and raw materials.Import of vehicles with 2/3 stroke engines has gradually been restricted for protectionof environment. In order to infuse dynamism and promote development, proceduresfor import of fertilizer, gray cloth, detra-methene cement, ethylene gas, raw materialsfor 100% garment industry have been simplified and in special cases requirement of LC opening has been withdrawn. In addition, some of the directives including in 1995-96 import policy still hold good in the five-year trade policy.Consistent with Uruguay Round Accord and Agreement with the WTO program for tariff reduction continued in 2001-2002. Maximum import duty of 15% in 1992-1993has been reduced to 75% in 1993-1994. Later on, it has been gradually reduced to37.5% in 1999-2000.Beside steps have been taken to rationalized tariff of different commodities andmaterials including withdrawal/ reduction of import duty in order to stabilize price of essential good at normal level. Following this measures the weighted and unweightedaverage rate of custom duty have gradually decline to 19.5% and 13.8% respectivelyon 1999-2000. In order to protect domestic industries and their development, the tariff rates and slabs of the previous financial year have been made in respect of certaincommodities. Both unweighted and weighted average rate of import duty have been presented the bellow table-

Table- Impact of tariff reforms on average rate of customs duty
Financial year
Unweighted average (%)
Import weighted average(%)
1996-97
21.5
18
1997-98
20.7
16
1998-99
20.3
14.1
1999-2000
19.5
13.8
2001-02
18.6
15.1
2002-03
18
14

Import Composition and Growth
To analyze the import composition of Bangladesh it is observed that the import share of principal primary commodities (in total imports) showed a declining trend in recent years. On the other hand, the shares of principal industrial goods and capital goods reported a slight increase. The import payments for principal primary commodities, in FY 1998-99, were US$ 1,448 million representing 18.06% of total import payments. These figures decreased to US$ 980 million and $ 1,098 million (11.66% and 11.73% of total import payments) in FY 1999-2000 and 2000-01 respectively. The import shares of principal industrial goods increased to 14.58% and 15.34% in FY 1999-2000 and FY 2000-01 from 13.77% in FY 1998-99. The share of import payments for capital goods in total imports increased to 25.63% in FY 2000-01 from 24.56% in FY 1998-99. Import payments for rice and wheat significantly decreased in FY 1999-2000 and FY 2000-01 compared to FY 1998-99, which implies that the country is making progress in food production. The share of import payments for petroleum products increased significantly in FY 2000-01 compared to FY 1998-99. Total import payments stepped up to US$ 9363 million in FY 2000-01 from US$ 8403 million in FY 1999-2000 recording an increase by 11.42% (GOB 2002; Bangladesh Bank 2002-03).

GOB (2002) also reports that against the total import growth rate of 4.80%, the import growth rates for primary, industrial and capital goods were –32.32%, 10.96% and 8.33% respectively in FY 1999-2000. The import growth rates for all categories have increased in FY 2000-01, where the figures were 12.04% for primary goods, 17.22% for industrial goods and 12.52% for capital goods. Among the primary products, crude petroleum and cotton recorded the higher import growth, 96.62% and 18.88% in FY 1999-2000 and 17.67% and 35.38% in FY 2000-01 respectively. The import growth rates of petroleum product were 50.37% and 41.63% in FY 1999-2000 and 2000-2001 respectively.

Import Shares of Consumer and Capital Goods
The variations in the share of consumer and capital goods are not notable for the period 1995/96-1998/99 except for consumer goods in FY 1996-97, when the share dropped to 28% from 39% in FY 1995-96. The shares of consumer goods dominate throughout the period recording 38% to 39% of total import payments. Capital goods, on the other hand, registered 13% to 16% of total import payments during this time. The share for combination of consumer goods and materials represented 63% to 68% of total import payments, whereas the same for capital goods and materials together was 32% to 37% during the stated period (BBS 2000: 251).

Comparative Performance of Bangladesh’s Export and Import Sectors
The performance of Bangladesh’s export sector in recent years is quite impressive especially in the 1990s when we compare it with that of world and SAARC1 countries. The average annual growth rate of Bangladesh export (11.91%) is higher than those of the world (9.48%) and SAARC countries (10.69%) during 1990-2003. Because of the lower export performance in the 1980s, annual average growth rate of this sector during 1980-2003 is not as impressive compared to other Asian countries and the world, though this sector shows competitiveness compared to other SAARC countries (IMF various years).

Over the period of 1980-2003 Bangladesh’s exports as a percentage of the world’s exports remain around 0.11% to 0.12% with the exception of 1984, when it was 0.14%, and 1990-1994, when the ratio was around 0.09%. Bangladesh’s exports as a percentage of SAARC countries’ exports show slightly increased trend especially in 2000 and 2001. For these two years Bangladesh’s exports are 11% and 12% of the SAARC countries’ exports respectively. Bangladesh’s share of SAARC countrys’ exports was the lowest, 7.72%, in 1983. Bangladesh’s exports share in the Asian developing countries, however, shows a decreasing trend in the 1990s compared to the1980s though the ratio is slightly higher in 1998 and 1999 compared to immediate earlier years. The ratio dropped to 0.59% in 2003 from 1.46% in 1980 though it was 0.75% in 2001 (IMF various years).

A healthy performance of Bangladesh’s import compared to the world and the SAARC countries is to be noted. Although Bangladesh’s import performance is behind that of the Asian developing countries, the average annual import growth rates of Bangladesh are much higher than those of the world during 1980-90, 1990-2003 and 1980-2003. These growth rates are also higher than those of the SAARC countries over the specified period. When average annual growth rates of the world and SAARC countries are 12.92% and 22.42% respectively, that of Bangladesh is 31.79% during 1980-2003. Even the average growth rate of imports is higher for Bangladesh (22.59%) than that of the Asian developing countries (21.25%) during 1990-2003.

Bangladesh’s imports as a percentage of world and SAARC countries’ imports have also been increasing over the years, though this ratio varies with the Asian developing countries. While the ratio of Bangladesh’s imports to world imports was 0.04% in 1980, it reached around 0.1% in 2001, 2002 and 2003. The ratio of Bangladesh’s imports to SAARC countries’ imports reached 9.3% in 2001 from 4.7% in 1982 and 5% in 1983 (IMF various years).

Export and Import Shares to GDP
The contribution of the export sector to Bangladesh’s GDP has been gradually increasing over the years. While export share in GDP was 4.52% in 1980, this share has reached to 13.45% in 1999, reflecting 197.56% increase in GDP contribution in nineteen years (World Bank 2004). This ratio further increased in 2000, 2001 and 2002. The ratio was 15.38% in 2001.

The imports-GDP ratio of Bangladesh has also been increasing every year with a few exceptions. During 1980-2002 the ratio was the lowest; 9.09% in 1986; and the highest 21.50% in 2001.

The trade openness (trade/GDP ratio) was around 14% to 16% till 1989. After that the ratio increased to 28% in 1995. In 2001 the ratio has increased to 36.88% which implies that trade has been liberalized in Bangladesh to a great extent since 1980. Over the years trade deficits ranged from 2.23% to 7.37% of GDP (World Bank 2004).

Bangladesh’s exports share progressed convincingly compared to other SAARC countries during 1980-2002. Bangladesh’s exports share in GDP was the lowest, 4.52%, in 1980, but in 2002 this figure stood at 14.28%. This is the highest export growth rate (215.93%) among the SAARC countries. The import share was also the lowest, 11.89%, in 1980, but it became the second highest, 19.05%, in 2002 among the SAARC countries. Sri Lanka’s imports share in GDP was the highest (42.87%). The total trade share in GDP, the openness, was the lowest, 16.41%, for Bangladesh in 1980, but this ratio increased to 33.33% in 2002 which is higher than India’s ratio, 30.28% (World Bank 2001, 2004).

Recommendation:
1.As a least development country Bangladesh must try to convince the UnitedStates government to allow duty free and quota free access to export of Bangladeshi product as provided to Jordan, Sub-Sahara Africa and Caribbeancountry.

2.Bangladesh Embassy in Washington need to play a very crucial role treatingthe issue as a top priority in its agenda of action as pert of its responsibilityunder the policy of economic diplomacy. Continued persuasion should bemade through discussion with the United States trade representative, the statedepartment and concerned member of the congress. The BGMEA shouldcontinue to mobilized support through its appointed lobbyist and must work inclose contract with Bangladesh embassy in the USA.

3.Bangladesh government should undertake pro-active step to implement thedecision of the WTO ministerial conference and to mobilize support for dutyfree and quota free access to Bangladesh.

4.Bangladesh government should create sustainable enabling environment suchas ensuring political stability, development of infrastructures includingtelecommunication, power and port facilities etc. These will help to increaseefficiency and reduce cost enabling Bangladeshi exporters to face competitionin foreign market.

5.In order to reduce vulnerability to and absorb external shocks attempts should be made to broaden the industrial base and diversify products and markets.

6.Organize investor’s forum at home and abroad to attract investors to invest inBangladesh.

7. Bangladesh mission in EU, Japan, Middle East and North America and other important countries must undertake program to organize Bangladesh trade fair with a view to creating market of Bangladeshi product.

Conclusion:
Although the import situation of Bangladesh is higher than export but export earningof Bangladesh have grown rapidly over the past decades, the country’s export base hasreminded very narrow and is susceptible to possible sharp variation as a result of external shocks. Successful export diversification both in product and market coverageis the prime factors in attaining the over all objectives. The major requirements in thisregard are, to develop competitive backward linkage in RMG sector in order toincrease domestic content of output to withstand possible threat association with the phasing out after 2004, to develop new export sectors and to strengthen theimplementation of trade development policies and measures.

Bibliography:
1.Annual Report of Export Promotion Bureau (EPB) 2001-20022.Export Statistics (2001-2002)3.Dhaka International Trade Fair (Journal) 20024.Trade Information Journal (July-September 2001)5.Dhaka International Trade Fair (Journal) 20016.Bangladesh Economic Review (2001-2002)

Academic Study about Mission and Vision:

A mission statement is a statement of the purpose of a company or organization. The mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated. For example, the charity might provide "job training for the homeless and unemployed". The statement may also set out a picture of the organization in the future.

A clear business mission should have each of the following elements:

Vision:
defines and describes the future situation that a company wishes to have, the intention of the vision is to guide, to control and to encourage the organization as a whole to reach the desirable state of the organization The vision is a long-term view, sometimes describing the organization's picture of an "ideal world". For example, a charity working with the poor might have a vision statement which reads "A World without Poverty."

A Vision statement outlines what the organization wants to be, or how it wants the world in which it operates to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.

Profile of Grameen Phone:
Grameenphone widely known as GP is the leading telecommunications service provider in Bangladesh. With more than 32 million subscribers (as of June 2011), Grameenphone is the largest cellular operator in the country. It is a joint venture enterprise between Telenor and Grameen Telecom Corporation, a non-profit sister concern of the internationally acclaimed microfinance organization and community development bank Grameen Bank. Telenor, the largest telecommunications company in Norway, owns 55.8% shares of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held.

THE VISION OF GRAMEEN PHONE:
“To be leading provider of telecommunication services all over Bangladesh with satisfied customers and shareholders, and enthusiastic employees.”

MISSION STATEMENT:
Grameen Phone Ltd. aims at providing reliable, widespread, convenient mobile and cost effective telephone services to the people in Bangladesh irrespective of where they live Such services will also help Bangladesh keep pace with other countries including those in South Africa region and reducing her existing disparity in telecom services between urban and rural areas

Purpose of Grameen Phone:
*To receive an economic return on its investments.
*To contribute to the economic development of Bangladesh where telecommunications can play a critical role.

Profile of south east bank limited
Southeast Bank Limited is a scheduled Bank under private sector established under the ambit of bank Company Act, 1991 and incorporated as a Public Limited Company under Companies Act, 1994 on March 12, 1995. The Bank started commercial banking operations effective from May 25, 1995. During this short span of time the Bank had been successful to position itself as a progressive and dynamic financial institution in the country.

Corporate Mission and Vision
Mission
q High quality financial services with the help of latest technology.
q Fast and accurate customer service.
q Balanced growth strategy.
q High standard business ethics.
q Steady return on shareholder’s equity.
q Innovative banking at a competitive price.
q Deep commitment to the society and the growth of national economy.
q Attract and retain quality human resource.

Vision:
To be a premier banking institution in Bangladesh and contribute significantly to the national economy.

Organization Chart:
Board of Directors
Training Institute
International Trade
Head of Branch

Share Division
Research & Development Division
Credit Department
Export
Import
International Division

Human Resources Division
Others
Remittance
Cash
Loan Administration
Loan Documentation
Loan Appraisal
Accounts Department
Customer Service Department
Foreign Exchange & International Trade Department
Manager (Operations)
Executive Committee
Shariah Board for Islamic Banking
Board Secretariat
The President & Managing Director
Deputy Managing Director
Islamic Banking Division
Treasury
Information Technology Division
Internal Control & Compliance Division
Financial Control & Accounts Division
Credit Division

Strategies of Grameenphone:
STRATEGIES using products Applied by Grameenphone Business Level Strategies: features or services GP are distinguishing the firm’s offerings from its competitors. Some product features are Apon, Bondhu, Sohoj, Djuice, Xplore, Business Solution, Internet SIM, Public Phone, Village Phone to increase market share by expanding the network, The Company was. Successfully listed in November 2009 – which was the largest IPO in the history of the Bangladesh capital market.

Functional Level Strategies:
Grameenphone‟s focus is on efficiency, quality, innovation, and customer Their main focus on After Sales Service that’s why for responsiveness. The first time they introduce 24 Hours Helpline and many GPC with the GP‟s Human Resource motto, “We are here to Help” & People management procedure is so much powerful rather than the other telecom companies, which are helping the company to achieve the first place. Under Grameenphone there are more than 5000 Employees working all over the country.

Grameenphone (The Global Level Strategies: Company of Telenor Group) is using multidomestic strategies because it expanded its telecom business under different countries with different name. Such as: o Grameenphone in Bangladesh, Uninor in India, Telenor in Pakistan, Norway, Hungary; DiGi in Malaysia, dtac in Thailand etc.

Multi-domestic
Strategies

Telenor in Pakistan, Norway, Hungary
Uninor in India
Grameenphone in Bangladesh

Figure: Multi-domestic

Strategies of GP
It’s also follows transnational strategies, like Telenor Group provide different strategies for different countries depend on the people demands. So Grameenphone segmented our Bangladeshi market depending on “what people actually need”, that’s why they invented different types of SIM, Packages Plan, Internet Options and Handsets for BD people. Grameenphone is vertically integrated, now

Corporate Level Strategies:
They establish some plans for grab more rural customers by producing Handset “Badhon” Grameenphone C100, Grameenphone V100 at cheap price. Also they producing Grameenphone Modem to establish and introduce internet everywhere in Bangladesh under the slogan of “Alo Grameenphone now concentrated on Ashbei”, which has the 100% mobility other field also. They are opening Grameenphone IT Ltd. as well as Grameenphone Communication Ltd. Management Team of Grameenphone

SWOT ANALYSIS (GP)
STRENGTHS: Largest Geographical Coverage Largest International roaming Service Strong Distribution Channels Pre-Paid service that are so Flexible Low price handsets with quality and variability for rural people Lease of Fiber-Optic cable from Bangladesh Railway Market Leadership & financial soundness Good Owner Structure Competitive Price Dynamic Management Team 24 Hours Customer Services Skilled Human Resource Access to the Widest Rural Distribution network through Grameen Bank More Attractive VAS (Value Added Services)OPPORTUNITIES: Unmet demand Possibility of further network expansion Increasing interconnection with BTTB Favorable Regulatory Authority Possibility of innovative products and services.

WEAKNESS: Billing inflexibility growing customer dissatisfaction Lack of follow-up from customers Deviation from original business plan marketing plan.

THREATS: Introduction of BTTB mobile phones Aggressive marketing by competitors Possibility of new entrances using GSM Technology. Better relationship of competitors with regulatory body.

Findings & Overall Impact From the above empirical description, GrameenPhone has contributed to development in Bangladesh in several ways: Building technical infrastructure with increasingly more advanced services, working towards a critical mass, where telecommunication impact on development will increase significantly. Through the transfer of technology and managerial expertise. Building production and maintenance capacity locally. Through strict codes of conduct possibly strengthening the norm against corruption. Through high production and related high tax payments, as well as through continuous investments in competition and product differentiation. This results in a larger consumer Surplus. Wages and payments paid out to close 100,000 people, with considerable income effects. Through extended business activities such as CIC, Bill Pay and Health Line reducing consumer costs of basic services. Through professional HR practices and training programs enhancing human capital as well as setting a standard for behavior and conduct. Through community services which help fund basic services for poor people. It seems that the impact of GrameenPhone on the development of Bangladesh is very significant, and also clearly beyond what is traditionally expected from a private company, such as investments, wages and taxes. The code of conduct, HSE policy, HR practices and extended business activities seem to play an important role in GrameenPhone and also have effects beyond the company’s own specific goals. A particularly interesting observation is the "intellectual domestication" process going on, most likely implying increasing management independence.

Strategies of South-east bank:
The emergence of Southeast Bank Limited was at the juncture of liberalization of global economic activities. The experience of the prosperous economies of the Asian countries and in particular of South Asia has been the driving force and the strategic operational policy option of the Bank. The company philosophy - "A Bank with Vision" has been precisely an essence of the legend of success in the Asian countries.

Southeast Bank Limited is a scheduled commercial bank in the private sector, which is focused on the established and emerging markets of Bangladesh. In Dhaka, the first branch was launched in 1995 and the bank has been growing ever since. Southeast Bank Limited has 25 branches throughout Bangladesh and its aim is to be the leading bank in the country's principal markets. The bank by concentrating on the activities in its area of specialization has achieved good market reputation with efficient customer service. The Bank is committed to providing continuous training to its staff to keep them up to date with modern practices in their respective fields of work. The Bank also tries to fulfill its share in community responsibilities. By such measures the Bank intends to grow and increase shareholders' earning per share. Southeast Bank Limited pledges to maximize customer satisfaction through services and build a trusting relationship with customers, which has stood the test of time for the last eight years.

SWOT analysis (SEBL)
Core Strengths
• Transparent and quick decision making
• Efficient team of performers

Threats:
Safeguarding the availability of critical banking channels Southeast Bank is committed to providing high quality and innovative financial products and services at a competitive cost. IT is fundamental in helping the bank achieve these goals. In particular it needs a highly available network infrastructure is support both its internal business process and customer-facing operations. Poor performance or availability will quickly impact ability to process financial network.

RECOMMENDATION:
For SEBL:-
Ø Provide training to Southeast Bank’s network management team
Ø Employee should be customer oriented.
Ø Management should take proper step to motivate employee.
Ø Infrastructure should be developed.
Ø Number of branch should be increase.
Ø Should give more concentration on advertising.

FOR GP:-
Based on the findings & analysis, some realistic recommendations are mentioned in the following: QA department is strongly working but the department should give more concentration on contractual employees in making them permanent to make faster growth of GP than the present time. Besides existing customers, other customers should be strongly targeted. Performance appraisal system should be controlled and followed to measure the performance of each employee. Should give more concentration on advertising & sponsorship. GP should increase the service quality/after sales service.

CONCLUSION
Grameenphone Company and Southeast Bank is still a growing company, in spite of all the success it has achieved so far. GP holds a kind of a monopoly position in the mobile telecommunications market. And SEBL hold a strong position in the financial market. Completions always on the lookout for new ideas and schemes. In order to maintain no: 1 position GP use to follow many strategies like business level strategies, functional level strategies, global level strategies & corporate level strategies, SEBL use to follow many strategies like functional level strategy and corporate level strategy.

Executive summary
The assignment addresses the mission, vision, and strategies of two companies and portraying their organogram and structure and preparing strategy that means in which strategy they are following to run their business. We have selected two companies one is Grameenphone providing telecommunication services and another one is South East Bank Ltd providing services in banking sector. At first is defined mission and vision in theoretically and then demonstrated two company’s mission and vision as well as their organogram. The strategy has been made of this two company is based on our own point of view and also on their performance.

Objectives of the study:
The objective of this study is to have a understanding of the strategic policies of the GP & SEBL. Gain utmost experience of the mission and vision of these two company.

Limitations of the study:

The limitations of the study are as follows:
a) The organizations policies and data are confidential nature and thus it is difficult for us to collect the necessary Information and documents within this short time.
c) The website doesn’t contain enough information for detail study.
d) Also we have not enough time to cooperate in the information gathering process.

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