Showing posts with label BUSINESS STUDY. Show all posts
Showing posts with label BUSINESS STUDY. Show all posts

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Format of Methodology

 

Methodology


It will describe the process how the information assigns to prepare the assignment, report, or research paper. Let's move on;

In this research used a descriptive method.The descriptive nature in this research paper shows to determine the answers to what, where, when, and how can it be possible all the questions about the ceramic industry in Bangladesh. Secondary data sources ware used to explain as a method.

Plan of work

We divided our work into several phases of making an effective output. These phases are;

1. Gathering Basic ideas of ceramic industry.
2. Understanding the impact of the product in Bangladesh.
3. Find out the possible problem of ceramic industry in Bangladeshi prospective.
4. Arrange the possible solution of that particular problem.

Data Collection

To describe the research we have collected data from primary and secondary sources.


Sources

Data were collected from both primary and secondary sources. Primary data were collected through direct interview with the respondents. The secondary data were collected from renowned national and international organization, viz. Bangladesh Bureau of Statistics (BBS), Export Promotion Bureau of Bangladesh (EPB), Statistics Department of Bangladesh Bank, The Bangladesh Journal of Economics, Bangladesh Economic Review, Newspapers and Internet Files.

A Major portion of the data was obtained from market research and from resource development of the Mart Ceramic Industry Ltd. Annual report, official website of the company and also data obtain from different topic related internet website.




Data processing and Analysis

Collecting Information was interpreted with the help of MS Office, SPSS computer software. Detailed analysis, working variables, future projections of the report and working definitions are organized in the report.

SOWT ANALYSIS

In the business world to build your own business you must have to knowledge about the SOWT analysis.Most of the business is conducted by the some Straight, Weakness,  Opportunity, and Threat that is called as SOWT analysis. To take place in the market the organization should be careful on SOWT analysis by the regular basis.

We will analyze to assume a ceramic  Industry in Bangladesh

 

Straights

  • Main Position in the market
  • Largest Ceramic base in the Bangladeshi Market
  • Strong Customer Service
  • Strong Production and Distribution channel
  • More focusing in product development & Service 
  • Strong Human Resource Development policy
  • Regularly Improve infrastructure and Installation
  • High Ethical Standard
  • First Service Advantage
  • Experienced management team

 

Weakness

  • Limited product category
  • High employee turnover
  • Highly Competitive Market
  • All departments can't work together

 

Opportunity


  • No long-term Distribution/Channel strategy
  • Focusing on additional requirement
  • Improved technological power and network coverage
  • Increased socialization in the production area
  • Demand for new & innovative products
  • Provide online information facilities
  • Increase the brand value though initial offering
  • New and better interconnection of distributed
  • Huge need for ceramic services
  • Declining prices for Ceramic product
  • Economic growth of the country 

 

 Threats

  • Competing Price war 
  • Lacking in flexibility of the government regulation
  • Highly increased marketing and operation cost
  • Highly increased by the bargaining power of customer
  • Switching power of customer
  • Political Violation
  • Security problem
These are the main things that can be helped you to analyze your organization. to make an assignment it is an important part. Carefully it make.

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