Bangladesh's Corporate World

There are some things that should always be kept in mind to be successful in sales. Demand and supply are the biggest things in these sectors. These two things are very much related to each other, but both are equally essential for profit making. The supply is to fulfill the demand, so both trigger the success in sales. A product that stands in the middle to low tier has more purchases, almost recurring. Because if a lower level product is damaged in any way, the customer is more likely to buy another one instead of fixing it, as both may end up costing the same. This is an affordable product, which can also be regarded as a source of profit. On the other side, there are a lot of products which are technologically very much advanced, but at the same time inaccessible by the mass because of its excessive value. One may want to acquire a jetpack for personal causes, as the traffic jam has been a recurring problem throughout the years, but to make this technology accessible to the ma

CNN has published a report on the economic condition of the Bangladesh. The report said that the economic growth of Bangladesh would be third highest in 2016 at 6.8% GDP rate which even exceeds China’s GDP. In 2015, Bangladesh was in fifth position in term of highest economical development. The report indicates that Bangladesh’s economy would remain positive despite global economy slowdown. Though World Bank and IMF projected GDP at around 6.8%, an official of Bangladesh thinks other way as he reminded that Bangladesh always exceeds their estimates. It is possible to achieve 7% growth in country’s economy if there is no political unrest or any natural disaster. To get desired GDP growth, Bangladesh needs to work more and extra focus on some sectors. Government should focus on high interest rate, financial security of individuals. But the most important thing is to increase and make positive environment of more foreign investment. The report also hinted that Bangladesh would be thi