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Group member Name ID Sachidananda roy 142-11-3908 Apurbo sarker 142-11-3919 Urmi Chakma 122-11-2657 Nazmul huda 142-11-3914

Bangl adesh (2)

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Page 1: Bangl adesh (2)

Group member Name ID

Sachidananda roy 142-11-3908

Apurbo sarker 142-11-3919

Urmi Chakma 122-11-2657

Nazmul huda 142-11-3914

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INTRODUCTION• Furniture in Bangladesh,

and its history, is one that runs parallel to the presence of Diverse cultures and their progress. The modern furniture we see today being used in Bangladesh has its roots to the colonial rule of the past.

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furniture industry:

• Traditionally furniture in Bancottage based industry to mechanized mass production oriented industries Bangladesh developed as cottage based industry. It is in early 90's when the furniture industry in Bangladesh transformed from.

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OBJECTIVE1. To analyze the business policy of furniture in terms of processing and procurement of raw materials, production of finish products and economic profitability in the study area; 2. To find out the opportunity and problems faced by the entrepreneurs in production of furniture product in the study area;

3. To give some suggestions for the betterment of furniture industry in the study area;

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Methodology• 1.google• 2. Bangladesh Bureau of

Statistics• 3. The concerned ministry • 4 published thesis Journal • 5 Daily Newspapers• 6. Text book • 7. Group shear

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Significant: • Bangladesh's furniture

hopes for the bright shinny future as a major exporter and manufactures in the global market since it has already captured global market with its competitors.

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Factors of furniture industry

• Entrepreneur:Many local and tribal people are living by cane

industry in Bangladesh. The industries are located at different areas of BD. There are about 150 entrepreneurs and 5500 labors are directly and indirectly employed

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• Designing: Furniture designers develop and prepare

furniture for manufacture. They are particularly concerned with those aspects of furniture that relate to human usage and behavior, product appeal and fashion.

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• Profitability Business all boils down to

profitability. So one key to success for a furniture business is profit margins. Are you making enough profit on each individual piece of furniture and selling enough quantity to cover both your fixed expenses

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• Cheap labor Bangladesh have lot a of laborer . furniture

company used there humane resource and developed there industry .so there industry's product very chiefly produce.

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Types classified by materials

Types • Wooden furniture• Bamboo furniture• Rattan furniture• Metal furniture• Plastic furniture

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Problem of furniture industry

• Lack of entrepreneurs• Lack of capital• Problem in stability • Lack of technical knowledge • Shortage of electricity• Limitation of market area • Lack of physical infrastructure

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Causes of increasing furniture industry

1. Contribution in the employment

of the economy 2. To increase the standard of living 3. Economic stability 4. Avoiding external dependency

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1.To increase the income of the economy: industry plays a very national income of a country. For example the output produce in the sector will income and the employment certain will add value in the labor force.

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2.For agriculture development: Our country still is highly depend unfortunately agriculture growth Has become stagnant in last few year.3.To increase the standard of living: main determinants of living standard are higher national income high level of employment and better par capital income.4.Economic stability: inflation remind a major problem in Bangladesh economy.5.Avoiding external dependency: developing countries are highly depend on foreign for machine and equipment which is also a burden some matter for any developing economy.

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CONCLUSION

• The possibilities of cane furniture are endless. But because of various constraints, this industry is not flourishing at a desired pace. In spite of some advantages and disadvantages of this industry has a number of desirable attributes of appropriateness in the context of prevailing socioeconomic conditions of the country.

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