An Assignment

on Introduction to Business

& Bangladesh studies

Welcome to Our Presentation

It’s a Rafiqul Alam’s Presentation

Dell Computer Corporation : Dell Computer Corporation : An Example Of Free EnterpriseAn Example Of Free Enterprise

Overview of Dell Overview of Dell Computer CorporationComputer Corporation

Dell’s Headquarter

Dell Computer Corporation a successful name in the Dell Computer Corporation a successful name in the competitive Business world, was founded by competitive Business world, was founded by Michael Dell at the age of 19 in United States of Michael Dell at the age of 19 in United States of America. Though he took $1000 of his personal America. Though he took $1000 of his personal savings and started his firm he had no formal sense savings and started his firm he had no formal sense of business. At the first stage of business he sold of business. At the first stage of business he sold and advertised directly to the customers. His main and advertised directly to the customers. His main mission was to design and make his own Dell mission was to design and make his own Dell machine but not to clone IBMs. Dell’s creative machine but not to clone IBMs. Dell’s creative thinking, hard working capability and good thinking, hard working capability and good observation make Dell Corporation a successful observation make Dell Corporation a successful business. Now it employs about $300 million of business. Now it employs about $300 million of

OVERVIEW

Problem Statement

Statement 1How does an entrepreneur like Michael Dell view profit?from the point of view of an economist or from a business perspective ? Explain.

Statement 2How can competition alter the plans of successful businessleaders such as Michael dell?

Problem Statement

Statement 3

What characteristics of the Free enterprise system permitted Michael Dell to start and operate his business?

OVERVIEWOVERVIEW

He was voted “ The Entrepreneur of the year” in January 1990 byInc. Magazine .He exemplified the betterment and the scope of free Enterprise. So far so good it has been a tremendous beginning for Dell computers in the competitive Business world.

Personal computers and accessories annually. His successful attainment in the business world.

Other formalities & Documents (cont.)

Import of Pharmaceutical raw & packing materials is subject to approval by the Director of Drugs Administration, Government of Bangladesh.

Quarantine restrictions apply in case of import of live animal, plants & plant products.

Sanitary certificate is required for all livestock & plants & plant Products certifying that they are free of injurious insects, pests & diseases.

A fumigation certificate must accompany used clothing.

Straw or hay used in packing must be certified to be free of

insects & disease.

Imports of iron & steel require a producer’s certificate.

Other formalities & Documents

Learning from this Case Study

Solution#1Solution#1

Business Profit: Business profit is calculated by subtracting Business Profit: Business profit is calculated by subtracting All costs, including All costs, including

Customs clearance hours are from 9 to 17,Sunday to Thursday. The shipper, the recipient or third party may pay duty or tax. Partial clearance of shipments is not allowed. Customs reserves the right to declare any shipment to be undervalued. No claim will be accepted after 30 days from arrival. Clearance must occur at Dhaka Airport. Shipment valued over US$100 and weighing more than 5 kg will required formal clearance and will take two to four days.

Bangladesh Import Clearance processBangladesh Import Clearance process

For shipping documents, an Air Waybill & Master Waybill For shipping documents, an Air Waybill & Master Waybill are required.are required.

To send a gift shipment, an Air Waybill, commercial invoice To send a gift shipment, an Air Waybill, commercial invoice & authorization of the consignee required.& authorization of the consignee required.

For shipping samples, an Air & Master Air Waybill, a For shipping samples, an Air & Master Air Waybill, a commercial invoice & a copy of VAT registration are required.commercial invoice & a copy of VAT registration are required.

Required DocumentationRequired Documentation

Judiciary is now separated and allowed full autonomy. Inflation rate decrease. Remittance flow increase. Special stimulus package . Subsidy increaseInfrastructure development Price reduction of fertilizers Agri-card distribution Sufficient hoard of food grains OMS Project Record amount of Boro rice collection

Present status of good governance inPresent status of good governance inBangladeshBangladesh

Trial of the war crimes in 1971 has been commenced System loss in power sector has been reduced to 15.38%. 8 crore books have been delivered to primary students at the beginning of 2010.Govt is pledge-bound to enroll all children in school by 2011 and to eliminate illiteracy fully by 2014 River bank erosion, navigability increase and flood controlling Four lane system in the Dhaka-Ctg highway Primary steps are taken to construct Padma Multipurpose Bridge Building “Digital Bangladesh”Increasing investment

Present status of good governance inPresent status of good governance inBangladeshBangladesh

Different Institutional Services

Responsibilities of NBR

Collection of domestic revenue (primarilyCollection of domestic revenue (primarily, , Import Duties andImport Duties and Taxes, VAT and  Income Tax ) for the government.Taxes, VAT and  Income Tax ) for the government.

Administration of all matters related to taxes, duties and other Administration of all matters related to taxes, duties and other Tax producing fees.Tax producing fees.

Under the overall control of IRD, NBR administers the Excise, Under the overall control of IRD, NBR administers the Excise, VAT, Customs and Income-Tax services consisting of 3434 VAT, Customs and Income-Tax services consisting of 3434 officers of various grades and 10195 supporting staff positions officers of various grades and 10195 supporting staff positions (Approved set up as on 09 Feb., 2000 AD).(Approved set up as on 09 Feb., 2000 AD).

Customs

Customs wing is primarily responsible for collection of all duties andtaxes at the import stage. Apart from collection of government revenue it is also responsible for trade facilitation, enforcement ofgovernment regulations, protection of society and environmental protection, preparation of foreign trade statistics, trade compliance and protection of cultural heritage.

Capital machinery; Capital machinery; Raw materials of Medicine; Raw materials of Medicine; Poultry Medicine, Feed & machinery; Poultry Medicine, Feed & machinery; Defense stores; Defense stores; Chemicals of leather and leather goods; Chemicals of leather and leather goods; Private power generation unit; Private power generation unit; Textile raw materials and machinery; Textile raw materials and machinery; Solar power equipment Solar power equipment Relief goods;Relief goods;

Exemptions from Customs DutyExemptions from Customs Duty

Functions of Bangladesh Standards &Functions of Bangladesh Standards & Testing Institution (BSTI)Testing Institution (BSTI)

(a)To set up Bangladesh Standards of quality and dimensions and prepare and promote the general adoption of standards on national and international basis relating to materials, commodities, structures, practices and operations and, from time to time, to withdraw, revise, alter and amend the same;

(b) To consider and recommend to the Government Bangladesh Standards for the measurement of length, weight mass, volume, and, energy; (c) To promote standardization, quality control, metrology and simplification in industry and commerce;

(d) To secure compliance with the Bangladesh Standards adopted by the Institution by the producers and users;

(e) To implement Bangladesh Standards through the administration of a national certification mark scheme or inspection of goods or both;

(f) To certify the quality of commodities, materials, produces, products and other things including food materials, whether for local consumption, export or import;

(g) To undertake execution of any trust or any agency business which it may consider conducive to the attainment of, its

objectives

Functions of Bangladesh Standards &Functions of Bangladesh Standards & Testing Institution (BSTI)Testing Institution (BSTI)

Any Query?