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POLITICAL FACTORS
Political factors that impact the telecommunication industry are
the ways through which the government interferes in the telecom
industry. Due to government laws there exist restrictions on the
phones a tariffs that the telecommunication industry can easily
produce. The political factors of the telecommunication industry
are discussed as follows:
1. Tax Policies:
As SEC listed, the telecommunication organizations corporate tax
rate is more than 40 %. This rate varies from company to company
of the organizations in the telecommunication industry.

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2. Consumer Protection:
Consumers information is protected by the organizations.
Anyone cannot just get anyone information from the
telecommunication companies. It is totally against the political
issues of the country.
3. Safety Regulation:
It is a rule by the political organizations of the country for the
telecommunication industry that VIPs numbers are always to be
disclosed and it has to follow a serial.
4. Political Stability:
Our country is politically instable. Many a cases it is seen that,
there exists political turmoil in the country which includes strike,
blockage etc. So in many case it is seen that the
telecommunication industry face a lot of problem. But it is not
same for all organizations. Some organizations get priority and
they face less troubles for the political instability of the country.
5. Regulation on Tariffs:
Government has laws about putting restriction on tariffs on the
revenue generated. Not only that, if any new technology is to be
introduced by any company, it has to be notified to the
Government.

ECONOMICAL FACTORS
Economicfactorsaffectthepurchasingpowerofpotential
customersandthefirmscostofcapital.Theseincludeeconomic
growth,interestrates,exchangerates,andinflationrate.Incontext
ofcustomersbuyingpower,inmanywaysBangladeshisapoor
country.WithalowGDPpercapitaandamajorityofthe
populationunderpovertylevel,toomuchofthepopulation,a
mobilephoneandanetworksubscriptionisaluxury.The
economicfactorsofthetelecommunicationsectorareasfollows:
1. EconomicGrowth:
ThetelecommunicationsectorofBangladeshcontributesahuge
portiontotheeconomicgrowthofthecountry.Thecontributionisnotsame

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forallthetelecommunicationorganizationbutoutofall,Grameen
Phonecontributesthemost.
2. UnemploymentPolicy:
Duetothetelecomindustry,atotalof30000employeesgetsjob.
Ahugenumberoftheemployeesgetsemploymentforthe
organizationresultingtotheincreaseofthelivingstandardofthe
peopleandalsothepercapitaincomeofthepeopleofthecountry.
3. Taxation:
TheTelcoorganizationsinourcountrypayahugeamountof
moneyastaxforoperatingtheirbusinessinthecountry.Thetax
ratediffersfromcompanytocompany.Amongallthe
organization,thehighestpayeroftaxisGrameenPhone,whichis
acorporatetaxof35%.
4. ConsumerConfidence:
Theconsumersofthetelcoindustryareverymuchconfident
regardingtheirrespectivecompanies.Theamountofusersofthe
establishedorganizationiscomparativelyhigh.

SOCIAL FACTORS
Socialfactorsincludethedemographicandculturalaspectsofthe
externalmacroenvironment.Thesefactorsaffectcustomerneeds
andthesizeofpotentialmarkets.Socialfactorsincludehealth
consciousness,populationgrowthrate,agedistribution,career
attitudes,andemphasisonsafety.Thetelecomindustryhas
definitelymadeanimpactonthejobmarketofthecountry,taking
inthousandsofemployeesandcreatingnewcareeropportunities
everyday.Theoveruseofmobilephoneshasoftentriggered
argumentsregardingsafety,buttheBangladeshmarketdoesnot
regarditasathreat.Thesocialfactorsareasfollows:

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1. DifferentIncomeDistribution:
Amongtheusersoftheproductsofthetelecommunication
company,thereexistsadifferenceintheincomedistributionofthe
users.Forthistheredoesnotexistafixedamountofusebythe
users.Forthisreasonthecompanycannotgivefixeddividendto
theshareholdersandnotonlythat,theexistingorganizationsare
connectedtosocialresponsibilities.
2. ChangeofLifestyle:
Thereexistsachangeinthelifestyleofthecellphoneusersthat
effectstheorganizationbytheincreaseordecreaseofusageofthe
connectionbythecustomers.Alotofthingdependsonthe
lifestylethecustomersfollow.Theshareandtherevenue
completelydependonthelifestyleoftheemployees.
3. Education:
Alotoftheusersarenotwelleducatedforwhichalotofthe
facilitiesprovidedbytheoperatorsarenotunderstoodbytheusers.
Thisisareasonforwhichalotofuserscannotusethefull
potentialofthetelecommunicationcompaniesfacilities.

TECHNOLOGICAL FACTORS
Technologicalfactorscanlowerbarrierstoentry,reduceminimum
efficientproductionlevels,andinfluenceoutsourcingdecisions.
TechnologicalfactorsincludeR&Dactivity,automation,
technologyincentives,andrateoftechnologicalchange.Sadly
Bangladeshdoesnothaveaninfrastructurethatallowsforresearch
anddevelopmentoflargescale.However,recentdrivesto
automatedaytodayactivitieshavebeentakenbyamajorityof
telecomcompanies.WhileBangladeshspoliciesandgovernment
processeshamperfasttechnologicalchange,thetelecomindustryhas
inmanywaysinfluencedtheboththepublicandprivatesectortoinvestand

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bringinnewtechnologysuchasWiMaxandsubmarinecable,
althoughlimitationshavenotallowedthesetechnologiesto
flourish.
1. GovernmentResearchSpending:
TheTelecommunicationindustrytriesalottodevelopnewwaysto
attainmarketshareandincreasetheirincomefromtheircustomers.Not
onlythat,therearealotrulesandregulationsforanorganizationto
supportthegovernmentfortheresearchtocontinuebusinessinthat
country.Thetelcocompaniesdonatealotfortheresearchinthesector
bythegovernment.
2. Industryfocusondevelopment:
Thetelcocompaniesfocusalottothedevelopmentofthetechnology
forprovidingbetterservicetotheusers.Themainfocusofthe
organizationistolookatthedevelopmentoftheorganizationaswellas
thedevelopmentoftheindustryandtheusersoftheservice.
3. 3Gservice:
Duetointroductionof3g,amongtheusersithasbecomeveryeasyfor
theusertoconnecttoveryfastInternetanduseitforusersconvenience.
The3gservicewasarevolutionarylaunchofthetelecommunication
industry,whichresultedtoboostofsaleandsubscribers.
4. ValueAddedService:
Thetelecommunicationindustryhasalotofvalueaddedservicewhich
areverymuchhelpfulforthecustomersandaswellasverylucrativefor
theindustry.

Food and Snacks

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POLITICAL FACTORS
Political Factors influence the food and snacks sector in a lot of
ways. The political environment of the country affects the food
and snacks sectors of the country. The political situation of the
country results to the shutting down of a lot of food and snacks
stores. Now a days for many political reason it is seen that food
stores are being banned and many times it is seen that due to
absence of parking lots, it is closed. The political factors are
described below:
1. Effect of organizations for product purchase:
Many a times it is seen that due to the help of political parties
some food stores get an advantage over the others.
2. Government unstability:
There are different government rules for which a lot of companies
lose their opportunities to do business in the city. Not only that, a
lot of other companies also get the opportunity to do the
business in the city.
3. Local Political Parties:
Due to the disturbance of local political party, it becomes very
tough for the businessmen to do regular business. Many a time
the local goons disturb in the running of the smooth business.

ECONOMICAL FACTORS
These factors are the main point of concern for the
industries, as they are most likely to leverage costs,
demand, profits and prices. Therefore, the sector should be
aware of any changes in policies, such as changes in
taxation or any other factors, which could affect the
accessibility of finance. It is important to mention that
although the business is growing internationally, the

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organization is still quite dependent on the market where it
has a market share of around 30%. The economic factors
are as follows:
1. International economic organizations:
There are different economic organizations, which support
the food and drinks industry in Bangladesh. The economic
organizations help the food industry in a lot of way, which
are very much helpful for the development of the food
industry in the country.
2. Business Cycles:
The business cycle in the organization of food and drinks is
maintained when a total batch of product is sold totally in
the shop. Not only that, the main revenue comes from the
total dispatch of the products.
3. Interest Rates:
The interest rates of the country play a very big role in the
food business as a major part of the transaction of the
business. It plays a big role in the revenue, income from the
shop and other sales related to the business.
4. Unemployment Levels:
The unemployment rate in Bangladesh is quite high but due
to the introduction of new business in the industry, the
unemployment For the help of the new business in the food
industry a lot of new employment scopes are created which
results to the decrease of unemployment in the
organization.

SOCIAL FACTORS

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Due to a variety of social changes, trends indicate that
customers in the country have moved towards bulk
shopping and one-stop shopping. Therefore, the industry
has increased the number of non-food items offered for
sale. The type of goods and services demanded by
consumers is mostly influenced by their beliefs and
attitudes, which, in turn, are influenced by social
conditioning. Because customers are becoming more aware
of health issues, due to which their approach towards foods
is changing constantly, the industry is adapting to these
changes by accommodating the demand for organic
products. The social factors are as follows:
1. Age Distribution:
The age distribution of the consumers of the food from the
food stores is mainly from 18 and above. Now days a major
number of people of the country goes out to have food in
different types of food stores. Not only that the total target
group falls under the age group of 18 to 60.
2. Education Level:
There is no education level for any of the consumers for
purchasing the products. Anyone of any education can
attend a food store and can buy food.
3. Income Level:
There does not have to be any fixed amount of income to
have food in food stalls but the income level has to be
stable one to eat at place on a regular basis.
4. Population Growth:
ThepopulationGrowthalsoplaysagreatrolefortheincreaseordecreaseofsalesinthe
foodstall.Forpopulationgrowth,wecansaythatpeopleneedandasaresultbuyingmore
phonesthantheyneed.
5.

Religion:

Thereligionplaysabigroleaswell.Thereasonsforthatarepeopleofdifferentusually
eatdifferentfoodaccordingtotheirrespectivereligion.

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TECHNOLOGICAL FACTORS
The advancements in technology have brought various new
opportunities for the industry. Two of the most distinct ones
include, firstly, the development and introduction of online
shopping with facilities for home delivery. Secondly, selfservice checkout points have provided convenience and
ease for customers, which in turn have reduced labor costs.
The technological factors of the organization are as follows:
1. Changes:
Thereexistchangesinthetechnology.Onadailybasis,thereexistssomepartof
technologywhichchangeseverynowandthenforwhichtherebecomesanimbalance
betweenthesalesofthefoodstores.
2.

Innovations:

Duetothedevelopingtechnologyinthecountrywithdifferentinnovations,itbecomes
verytoughtooperatefoodstoresinthecountryanditisveryhardtosellproducts.
3.

NewChannels:

Asnewchannelsarefoundforthenewbusinessoffood,thedistributionoffoodanddrink
areverymuchhigh.Itbecomesveryeasyforthestorestodistributefoodtothecustomers
oftheproduct.
4.

Speedoftechnologicalchange:

Thespeedoftechnologicalchangeinthe21stcenturyisveryhigh.Duetothe
technologicaldevelopmentinthecountryitisveryeasyforthecompaniestodistribute
theirproducts.
5.

ImprovedCommunication:

Duetothehelpoftheimprovedcommunicationinthefoodindustry,itisveryeasyforthe
industrytocommunicatewithothersduetothehelpoftheimprovedcommunication
amongthedifferentshopsofthefoodindustry.

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POLITICAL FACTORS
Political analysis examines the current and potential
influences from political pressures. The non-alcoholic beverages
falls in the category under the FDA and the government plays a role
within the operation of manufacturing these products. In terms of
regulations, the government has the power to set potential fines for
the companies that did not meet their standard law requirement. The
changes in laws and regulations, such as accounting standards,
taxation requirements and environmental laws and foreign
jurisdictions might affect the book of the company as well as their
entry in foreign country. Other than that, the changes in the nature of
business as non-alcoholic beverages can gain competitive product
and pricing pressures and the ability to improve or maintain the
share in sales in global market as a result of action by competitors.
1. Changes in laws and regulationschanges in accounting standards,
taxation requirements (tax rate changes, modified tax law interpretations,
entrance of new tax laws), and environmental laws either in domestic or
foreign authorities.
2. Changes in non-alcoholic business eracompetitive product and
pricing policy pressures and ability to maintain or earn share of sales in
worldwide market compared to rivals.
3. Political conditions, specifically in international marketscivil
conflict, governmental changes, and restrictions concerning the ability to
relocate capital across borders.
4. Ability to penetrate emerging and developing marketsthis also relies
on economic and political conditions, such as civil conflict and
governmental changes.

ECONOMICAL FACTORS

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Economic analysis examines the local, national and world
economy impact, which is also, includes the issue of recession and
inflation rates. According to the Standard and Poor's Industry
surveys, "For major soft drink companies, there has been economic
improvement in many major international markets, such as Japan,
Brazil, and Germany." These markets will continue to play a major
role in the success and stable growth for a majority of the nonalcoholic beverage industry.
Recessions:
1.

The soft drink industry experiences market shocks in periods of

recession

2.

Since 2008, the industry has struggled to regain its previous

market strength

3.

Consumers of soft drinks have continued to spend their money

frugally over the past few years following the 2010 recession

Raw Materials:
1.

Cost of raw materials can be a factor if the economy for certain materials is
weak

Sugar and carbonated water make up most of the content, but there are a lot of
preservatives and flavoring such as ascorbic acid, gums, pectins, saponins,
aspartame, etc.

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SOCIAL FACTORS
This analyzes the ways in which changes in society affect the
organization such as changing in lifestyles and attitudes of the
market. Consumers from the ages of 37 to 55 are also increasingly
concerned with nutrition. There is a large population of the age
range known as the baby boomers. Since many are reaching an
older age in life they are becoming more concerned with increasing
their longevity. This will continue to affect the non-alcoholic beverage
industry by increasing the demand overall and in the healthier
beverages
1. The majority of people in the US are showing increasing interest in
healthy lifestyles.
2. Time management is a concern for 43 percent of all households, a
percentage that has increased over the years.
3. Customers from ages 37 to 55 are concerned with their nutrition. Also, a
large portion of the population is baby boomers. As they become seniors,
they are more concerned about life choices that will impact their life
expectancy.
Consumer Choice:
1. Age is the most important characteristic when evaluating consumer choice
2. The older generation is more health conscious and tends to consider
nutritional factors between products
3. The younger generation leans towards products that are fun, new, and hip
4. Celebrity endorsements, attractive commercials, and sweepstakes become
more important to the younger generation in their product decision.
Diet Craze:
1. Dieting has become a very marketable, popular trend which forces the soft
drink industry to create new products that meet consumer preferences
Social Media:
1. Social media outlets (i.e. Facebook, Twitter, Instagram) keep consumers
directly connected to the brand

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2. Firms are able to obtain valuable information and suggestions from
consumers about potential or current new products
3. Low advertising costs with global outreach

TECHNOLOGICAL FACTORS
Technology is the main focus of the analysis where the introduction
and the emerging technological techniques are valued. This creates
opportunities for new products and product improvements in terms
of marketing and production. As the technology advances, new
products are introduced into the market.
Automation:
1.

New tech advancement in manufacturing and quality

improvement concepts is improving bottling operations efficiency.

2.

High product volume requires high levels of automation in

manufacturing. Technological advances increase the utility of
employees and capital, which increases productivity.

3.

High costs for new technology can be an entry barrier to new

competitors.
Marketing:

1.

Technological advancement helps create new brands and

product lines to meet consumer preferences.

2.

Improved logistics help products move through distribution

channels more effectively. This keeps distribution costs down
while increasing sales information to consumers.

3.

Social media provides huge growth in consumer awareness,

brand value/identity, promotions, and direct-to-consumer
communication.

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POLITICAL FACTORS
The Power Generation Industry is one of the most important sectors
in Bangladesh. Without this sector we can say that Bangladesh will
be a dysfunctional country. The political factor plays a very important
role in the development of this sector, which is described as follows:
1. Political focus and pressure on healthcare:
Due to the growing of politics, healthcare is becoming a priority for
the people of the country. Not only that, the politician are becoming
more aware of the safety and development of the people. Many a
times for that reason, the sector is developing causing help to the
people of the country.
2. Healthcare looked after by government:
One of the most important parts of the country is its people and the
major task of the government is to do welfare for the people of the
country. For this reason, we can see that, the power sector is
developing in a drastic way resulting the development of the sector,
its people and the entire nation.
3. Hindrance for new company:
Many a times, it is seen that for more power generation, a lot of new
private companies tend to enter the market. But due to strict
government policies and politics many a time it is seen that for the
betterment of the people related to politics, this is not done for which
the sector cannot produce the amount of electricity.

ECONOMICAL FACTORS
1. Global economic crisis:
Electricity is a necessity for peoples life. Whatever we do in our daily
life, the most important thing in our life is electricity. Without electricity

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we cannot even pass a day. Electricity is a crisis for the entire global
scenario. To cover up this crisis, the government and some private
institution are trying their level best to fill up the crisis and increase
the condition of the country by making it a globally economic country
for electricity.
2. Reduction of disposable income:
The individual income plays a very important role in the power
sector. More important is the individual disposable income. If the
amount of individual disposable income could be reduced, then it
would be very helpful for the entire s4ctor to develop itself in the
sector and not only that, if this could be done then the economic
crisis of power in the country can be removed.
3. Increase number of buying groups:
The number of buying groups of the power is not very high. There
exists no balance in the demand and supply of the power source.
This is mainly because of the less number of buying groups in the
market. If the buying group can be maintained in the society, than
the balance between the demand and the supply of the factor can
be brought to a balance for the betterment of the sector.
4. Reduction in the growth of the sector:
The reduction of the growth of the sector is a major drawback for the
development of the sector. If this is not done, then the development
in the sector of the country cannot be so.

SOCIAL FACTORS
1. Patient Awareness:
The awareness towards a patient is very important as many a times it is
seen that for the absence of electricity, patients suffer a lot. A lot of
times it is also seen that a lot of people die due to this reason.

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2. Public Activism:
The main asset of a country is its people. If the people of the country
do not remain in a good condition, than it is not very easy for the
people of the country to develop without the growth in the power
sector. Public Activism is one of the most important factors in the
development of a country. If this is not properly done, then the
development cannot take place in the country.
3. Increase age of population:
The age of population of the country is increasing in a drastic
manner. This is a reason for which there exists problems in the
country and the sector does not develop. Not only that, people of the
country can not also develop for the following factor as power
generation if one of the most important resource of the country.

TECHNOLOGICAL FACTORS
Technology is the main focus of the analysis where the introduction
and the emerging technological techniques are valued. This creates
opportunities for new products and product improvements in terms
of marketing and production. As the technology advances, new
products are introduced into the market.

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1. New info and Comms technologies:
The new information and the technologies help the sector a lot in
a lot of way. For this reason, many a times it is seen that
development in this sector is an average. For the development of
the sector, technical development is a must. If the technology
improves, than the sector will also improve.
2. Customized treatment:
For the help of the development of the power generation sector
in the country, many a time it is seen that, the treatment for the
patient of the country gets customized treatment. As e can say
that, the more a country is developed in its resources and power
generation, the more will be its development.

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POLITICAL FACTORS
This refers to the ways in which the government can intervene in
an economy in terms of environmental and labor laws, tariffs,
trade restrictions and tax policies. It also shows how a
government can influence education and health and how it will
affect the infrastructure of a country. The textile Industry is one of
the most important sectors in Bangladesh. Without this sector we
can say that Bangladesh will be a dysfunctional country. The political
factor plays a very important role in the development of this sector,
which is described as follows:
1.

Tax policy:

The tax policy in Bangladesh for the Textile industry is very high.
Many a time, it is seen that, the companies have to pay a lot of tax
for the development of the industry. The companies have to pay
huge amount of tax for the development of the sector for the people
of the country.
2.

Employment Laws:

There are different types of employment laws, which are very

essential for the organizations. These employee laws are very
important to look at. These has to be followed in the organization
and these laws are very much important for the development of the
growth.
3.

Political Stability:

The political stability of the sector is very important for this type of
organization. If there is not political stability in the country, then it
would be very tough for the sector to find foreign investors and
buyers for the development of the sector.
4.

Environmental Sector:

The environmental sector plays the most important role in the

organization. If the environment is taken care of the country, then
the organization can easily flourish.

ECONOMICAL FACTORS
This refers to how exchange rates, inflation rates, interest rates and
economic growth will impact on a business and how it can grow,

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develop and make various decisions. For example if a business
exports goods these operations can be greatly affected by
exchange rates and these are factors that need to be included in a
businesss strategic management plan if they are to succeed.
1. Economic Stability:
The Economic stability of the country is very important and this
depends on the industrial sector of the country. The more the
sector is developed, the more developed will be the country.
Textile industry is very much important and it is related to the
highest income of the country.
2. Economic Growth:
The economic growth of the country depends on the textile
industry as it generates most of the income of the country with
the help of the textile industry. Not only that, the economic
growth of the country is very much related to the textile industry
of the country.
3. Interest Rates:
The interest rates of the country play a great role for the
economic development of the country. The main part of the
expense that a garment industry gives to the government is
through the interest rates decided by the government.
4. Inflation Rates:
The inflation rate of the country in comparison to the other
countries is very high. This is a reason for which mainly
organization face difficulty to do the business in the country. Not
only that, the organizations play a very big role to overcome the
inflation rate and continue their business properly.

SOCIAL FACTORS
These factors refer to how a society behaviors culturally, how the
population rate will grow, how health-conscious people in a country

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are, how its range is distributed in a country and the various
attitudes that people have towards their careers. When social
trends change it can greatly affect the need for a businesss
products or services. Similarly if a society has an older
population the cost of labor will increase and a business will
need to change their management strategies in order to cope
with these changes.
1. Population Growth Rate:
The population growth rate is a very important part in the
business of garments. The more the population growth in the
country, the more will be business of the organization in the
country.
2. Age Distribution:
The age distribution plays a vital role in the textile industry as
the major number of employees is distributed according to the
age distribution of the people of the country.
3. Consumer Behavior:
The consumer behavior of the textile industry is very crucial. If
the behavior of the employee is not proper in the industry, than
many a time it is seen that it results to vandalism to the textile
industry.

TECHNOLOGICAL FACTORS
This refers to how technology can change and looks at automation,
R&D activity and technological incentives that are available.

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Technology can also have a great impact on efficient production
levels and influence decisions on outsourcing. In addition to this
there are some changes in technology that can affect the costs
that a business needs to meet and can improve the quality of a
product or service that a business offers.
1.

Distribution and communication channels:

The distribution and communication channels play a very big role in

this industry. This is mainly because without proper distribution of
communication the business cannot sustain.
2.

Technology Incentives:

Due to the development of the technology, the production of the

company can be increased in a huge scale. For the increase of
production and revenue, it is very important to use new technology
for business in the industry.
3.

Automation:

The automation of the process is very much helpful for textile

organization for the development of the sector. Not only that, due to
the help of the automation in the factory or industry, it is very much
helpful for the organization for more production and more revenue.

GARMENTS

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POLITICAL FACTORS
An Industry will not be able to gain success, good
reputation and trust if it will not consider legal and political
sector as part of their strategy. Political and legal sectors include
the needs of the company to follow the given policies and
regulations of the government in order to be considered as legal
and authorized business company. In this manner, industry
should be able to consider political and legal aspects so as to
show that they value the policies and regulations of the
government in any of the business operations.
1. Environmental Sector:
The environmental sector plays the most important role in the
organization. If the environment is taken care of the country, then
the organization can easily flourish.

2. Employment Laws:
There are different types of employment laws, which are very
essential for the organizations. These employee laws are very
important to look at. These has to be followed in the organization
and these laws are very much important for the development of the
growth.
3. Political Stability:
The political stability of the sector is very important for this type of
organization. If there is not political stability in the country, then it
would be very tough for the sector to find foreign investors and
buyers for the development of the sector.
4.

Tax policy:

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The tax policy in Bangladesh for the Textile industry is very high.
Many a time, it is seen that, the companies have to pay a lot of tax
for the development of the industry. The companies have to pay
huge amount of tax for the development of the sector for the people
of the country.

ECONOMICAL FACTORS
An Industry will not be able to gain success, good reputation and
trust if it will not consider legal and political sector as part of
their strategy. Political and legal sectors include the needs of the
company to follow the given policies and regulations of the
government in order to be considered as legal and authorized
business company. In this manner, industry should be able to
consider political and legal aspects so as to show that they value
the policies and regulations of the government in any of the
business operations.
1. Economic Stability:
The Economic stability of the country is very important and this
depends on the industrial sector of the country. The more the
sector is developed, the more developed will be the country.
Textile industry is very much important and it is related to the
highest income of the country.
2. Economic Growth:
The economic growth of the country depends on the textile
industry as it generates most of the income of the country with
the help of the textile industry. Not only that, the economic
growth of the country is very much related to the textile industry
of the country.
3. Interest Rates:
The interest rates of the country play a great role for the
economic development of the country. The main part of the
expense that a garment industry gives to the government is
through the interest rates decided by the government.
4. Inflation Rates:

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Section: 10
The inflation rate of the country in comparison to the other
countries is very high. This is a reason for which mainly
organization face difficulty to do the business in the country. Not
only that, the organizations play a very big role to overcome the
inflation rate and continue their business properly.

SOCIAL FACTORS
Society and culture is an important factor that must be
given emphasis by any business, specifically those who are
operating in the global arena. It is important that the company
must operate in compliance with the social systems in order to
gain good reputation and effective public image. On the other
hand, cultural aspects is equally essential, in order to understand
the various needs of different individuals that belongs to
different cultures.
Population Growth Rate:
The population growth rate is a very important part in the
business of garments. The more the population growth in the
country, the more will be business of the organization in the
country.
Age Distribution:

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MGT489
Section: 10
The age distribution plays a vital role in the textile industry as
the major number of employees is distributed according to the
age distribution of the people of the country.
Consumer Behavior:
The consumer behavior of the textile industry is very crucial. If
the behavior of the employee is not proper in the industry, than
many a time it is seen that it results to vandalism to the textile
industry.

TECHNOLOGICAL FACTORS
The complexities of achieving business success through
increased

efficiency,

effectiveness

and

competitiveness,

combined with innovative applications of modern technology,

has heightened the awareness of both technology and business
managers towards more strategically oriented approaches for
planning and management of any industry. Hence, it is important
that industry must be able to give consideration to the
technological aspects.
- Distribution and communication channels:
The distribution and communication channels play a very big role in
this industry. This is mainly because without proper distribution of
communication the business cannot sustain.

Technology Incentives:

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MGT489
Section: 10
Due to the development of the technology, the production of the
company can be increased in a huge scale. For the increase of
production and revenue, it is very important to use new technology
for business in the industry.

Automation:

The automation of the process is very much helpful for textile

organization for the development of the sector. Not only that, due to
the help of the automation in the factory or industry, it is very much
helpful for the organization for more production and more revenue.

BANKS

36

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Section: 10

MGT489

MGT489
Section: 10
POLITICAL FACTORS
ECONOMICAL FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS
AGRO PROCESSING

38

39
Section: 10

MGT489

MGT489
Section: 10
POLITICAL FACTORS
ECONOMICAL FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS
AGRO GROWING

40

41
Section: 10

MGT489

MGT489
Section: 10
POLITICAL FACTORS
ECONOMICAL FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS
LOGISTICS

42

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Section: 10

MGT489

MGT489
Section: 10
POLITICAL FACTORS
ECONOMICAL FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS
INFRASTRUCTURE

44

45
Section: 10

MGT489

MGT489
Section: 10
POLITICAL FACTORS
ECONOMICAL FACTORS
SOCIAL FACTORS
TECHNOLOGICAL FACTORS

46

47
Section: 10

MGT489

48
STRENGTHS
Section: 10

MGT489

49
WEAKNESSES
Section: 10

MGT489

MGT489
Section: 10

OPPORTUNITIES

THREATS

50