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Term paper On Identifying the Marketing Strategy in Existing mobile Company in Bangladesh

Siam term paper finalIdentifying the Marketing Strategy in Existing mobile Company in Bangladesh

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  1. 1. Term paper On Identifying the Marketing Strategy in Existing mobile Company in Bangladesh Siddheswari University Collage, Dhaka Department of Marketing
  2. 2. Term paper on Identifying the Marketing Strategy in Existing Mobile Company in Bangladesh Submitted to Md. Mizanur Rahman Mazumder Chairman Department of Marketing Siddheswari University Collage, Dhaka. Submitted by Md. Shibly Hasan Dept. Marketing Roll no: 9575781 Registration no: 1625621 Date of submission: 15 April, 2013. Siddheswari University Collage, Dhaka
  3. 3. Letter of Transmittal 15 April, 2013 Md. Mizanur Rahman Mozumder Chairman, Department of Marketing, Siddheswari University Collage, Dhaka. Subject: Submission of term paper Dear Sir, With great respect, I am happy to submit my report on the topic Identifying the marketing strategy in existing mobile company in Bangladesh. I am felling proud to prepare my Report under your energetic guidance and supervision. This report is an important part of BBA program. In completing the report I tried my level best to blend all my knowledge and in imparting every accessible details of the survey avoiding needless intensification of the report. Your priceless supervision, suggestion, and guidance have helped me to prepare the report with trouble-free. I will be very glad, if you kindly accept this Internship Report. Sincerely yours, Md. Shibly Hasan Roll: 9575781 Rage: 1625621 Program: BBA Department of Marketing Siddheswari University Collage, Dhaka. National University, Bangladesh.
  4. 4. Students Declaration I hereby declare that the report of term paper namely Identifying the marketing strategy in existing mobile company in Bangladesh. I also declare that this paper is my original worked and prepared for academic purpose which is a part of BBA and the paper may Not Be Used in Actual Scenario. Md. Shibly Hasan Roll: 9575781 Rage: 1625621 Program: BBA Department of Marketing Siddheswari University Collage, Dhaka. National University,Bangladesh.
  5. 5. Supervisors Declaration I hereby declare that the concerned report entitled Identifying the marketing strategy in existing mobile company in Bangladesh is an original work by Md. Shibly Hasan, a student of BBA (Hons), Department of Marketing, Siddheswari University College, Dhaka-1217 has completed his term paper under my supervision and submitted for the partial fulfillment of the requirement of the degree of Bachelor of Business Administration (BBA) at Siddheswari University College. Md. Mizanur Rahman Mazumder Chairman Department of Marketing Siddheswari University College Magbazar, Dhaka.
  6. 6. Acknowledgement First my heartiest gratitude to my reverend teacher and advisor of this course M.D. Mizanur Rahman, whose enthusiastic guidance and critical comments during the entire phase of the study made it possible for us to prepare this report. Our debt to him is warmly acknowledged. I would also like to convey my sincerest gratitude to website through which I have gotten many data and information for preparing this report. I am also thankful to all the group members, friends circle for their friendly co-operation and help. My parents also encourage me in many ways to prepare this report.
  7. 7. Executive Summary The study seeks to Identifying the marketing strategy in existing mobile company in Bangladesh. How they operate their business in Bangladesh with their local competitors. To operate their business hoe they develop their strategy to gain the competitive advantage. In details the study aimed to identify the business policy and their strategy in Bangladesh. What is their key success factors, marketing strategy, competition structure, market audit as well as how they develop their segmentation, target market, positioning strategy, advertising and promotional activities and what is the output.
  8. 8. Table Contents SL NO Subject page Chapter 1 Introduction 1.1 Abstract 2 1.2 Object of the report 2 1.3 Introduction 3 1.4 Methodology 3 Chapter 2 TELECOM OPERATORS IN BANGLADESH 2.1 Grameenphone 5 2.2 Robi 7 2.3 Banglalink 10 2.4 Mobile Phone Operators at a Glance 12 Chapter 3 Marketing Strategies of Existing Mobile Operators in Bangladesh 3.1 GrameenphonesStrategicAnalysisofExistingProducts 14 3.2 Marketing Strategies of Robi 15 3.3 Strategic marketing plan of Banglalink 17 3.4 Existing offers in several mobile operators 20 3.5 Marketing Slogan 21
  9. 9. Chapter 4 SWOT ANALYSIS 4.1 SWOT 23 4.2 SWOT Comparison Sheet (Strengths) 24 4.3 SWOTComparison Sheet(Weaknesses) 25 4.4 SWOT Comparison Sheet (Opportunities) 26 4.5 SWOT Comparison Sheet (Threats) 27 Chapter 5 CONCLUSION 5.1 Recommendations 29 5.2 Conclusion 30 5.3 Reference 31
  10. 10. Chapter One Introduction Abstract Object of the report Introduction Methodology
  11. 11. 1.1 Abstract The study seeks to Identifying the marketing strategy in existing mobile company in Bangladesh. How they operate their business in Bangladesh with their local competitors. To operate their business hoe they develop their strategy to gain the competitive advantage. In details the study aimed to identify the business policy and their strategy in Bangladesh. What is their key success factors, marketing strategy, competition structure, market audit as well as how they develop their segmentation, target market, positioning strategy, advertising and promotional activities and what is the output. 1.2 Object of the report To prepare and submit the term paper within specified time. To have a very practical idea and over viewing the marketing sector focusing on some telecommunication service provider like grameenphone, banglalink, airtel and their performance in Bangladesh. Present companys current mission, vision, objectives, and goals. Find out their strength, weakness, opportunity, threats. Defining their market segmentation, target market, products positioning and key marketing areas. Source of information the report is internet. 1.3 Introduction The people of Bangladesh are now dreaming of a digital Bangladesh. Faster development of telecommunications network coupled with improved quality of
  12. 12. service in line with the national development is a must for the fulfillment of the vision and aspiration of digital Bangladesh and also to take her to a position of honor in the community of nations in the 21st century. Mobile phone operators have been playing an important role in this regard. The telecommunications market in Bangladesh, particularly the mobile phone sector, is consisted of six mobile phone operators. These are Grameen Phone Ltd. (GP), Axiata (Bangladesh) Limited (Robi), Orascom Telecom Bangladesh Limited (Banglalink), PBTL (Citycell), Teletalk Bangladesh Ltd. (Teletalk), and Airtel Bangladesh Ltd. 1.4 Methodology The study covers a survey about few telecom operators of Bangladesh. Moreover, short overview of mobile operators, their prospects in Bangladesh, their principle issues and problems, mission, vision and objectives of the company are also covers. A detail of strategic activities of few telecom operators is provided to get an understanding of the marketing strategy. For this study information is collected from both primary and secondary sources. Some websites are an immense source of information about Telecom operators of Bangladesh. As a student of under graduate level due to time constraint comprehensive study based on information collected from primary source is not possible by me. So, I interview some of the marketing executives to get an idea of operations and issues in those company.
  13. 13. CHAPTER TWO TELECOM OPERATORS IN BANGLADESH GramenPhone Robi Banglalink Mobile phone operators in at a glance
  14. 14. 2.1 Grameenphone Grameenphone widely known as GP, is the leading telecommunications service provider in Bangladesh. With more than 40.33 million subscribers (as of January 2013),Grameenphone is the largest mobile phone operator in the country. It is a joint venture enterprise between Telenor and Grameen Telecom Corporation, a non-profit sister concern of the internationally acclaimed microfinance organization and community development bank Grameen Bank. Telenor, the largest telecommunications company in Norway, owns 55.8% shares of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held.Grameenphone was the first company to introduce GSM technology in Bangladesh.It also established the first 24-hour Call Center to support its subscribers. With the slogan Go Beyond, Grameenphone promises it's customers to bring the best of communication technologies so that they can Go Beyond. Company mission The vision will be achieved by: 1) Connecting Bangladesh with ease and care 2) Being user-friendly 3) Providing value for money 4) Providing simple and timely connections 5) Having a right understandable process
  15. 15. Principle Findings of GP The Technology GrameenPhones Global System for Mobile or GSM technology is the mostwidely accepted digital system in the world, currently used by over 300 millionpeople in 150 countries. GSM brings the most advanced developments incellular technology at a reasonable cost by spurring severe competition among manufacturers and driving down the cost of equipment. Thus consumers get the best for the least. The Service GrameenPhone believes in service, a service that leads to good business and gooddevelopment. Telephony helps people work together, raising their productivity. This gain in productivity is development, which in turn enables them to afford a telephone service, generating a good business. Thus development and business go together. The People The people who are making it happen the employees are young, dedicatedand energetic. All of them are well educated at home or abroad, with both sexes (genders) and minority groups in Bangladesh being well represented. They know in their hearts that GrameenPhone is more than just about phones.
  16. 16. The Purpose GrameenPhone has a dual purpose: to receive an economic return on its investments and to contribute to the economic development of Bangladesh where telecommunications can play a critical role. This is why GrameenPhone, in collaboration with Grameen Bank, is aiming to place one phone in each village to contribute significantly to the economic uplift of those villages. The Strategy GrameenPhones basic strategy is coverage of both urban and rural areas. In contrast to the island strategy followed by some companies, which involves connecting isolated islands of urban coverage through transmission links, GrameenPhone builds continuous coverage, cell after cell. While the intensity of coverage may vary from area to area depending on market conditions, the basic strategy of cell-to-cell coverage is applied throughout GrameenPhones network. 2.2Robi Robi Axiata Limited, Robi (formerly known as Aktel), Axiata Group Berhad, Malaysia (70%) and NTT DoCoMo Inc, Japan (30%).Robi is the third largest mobile phone operator in Bangladesh with more than 20 million subscribers as of August 2012.Robi boasts of the widest international roaming service in the market, connecting over 500 operators across 207 countries. It is the first operator in the country to introduce GPRS. Robi uses GSM 900/1800 MHz standard and operates on allocated 12.8 MHz frequency spectrum. is a Axiata Group Berhad, Malaysia (70%) and NTT DoCoMo Inc, Japan (30%).Robi is the third largest mobile phone operator in
  17. 17. Bangladesh with more than 20 million subscribers as of August 2012.Robi boasts of the widest international roaming service in the market, connecting over 500 operators across 207 countries. It is the first operator in the country to introduce GPRS. Robi uses GSM 900/1800 MHz standard and operates on allocated 12.8 MHz frequency spectrum. joint venture between Axiata Group Berhad, Malaysia (70%) and NTT DoCoMo Inc, Japan (30%). Robi is the third largest mobile phone operator in Bangladesh with more than 20 Axiata Group Berhad, Malaysia (70%) and NTT DoCoMo Inc, Japan (30%).Robi is the third largest mobile phone operator in Bangladesh with more than 20 million subscribers as of August 2012.Robi boasts of the widest international roaming service in the market, connecting over 500 operators across 207 countries. It is the first operator in the country to introduce GPRS. Robi uses GSM 900/1800 MHz standard and operates on allocated 12.8 MHz frequency spectrum. Mission of Robi: Robi aims to achieve its vision through being number one not only in terms of market share, but also bybeing an employer of choice with up-to- date knowledge and products geared to address the ever changingneeds of our budding nation. Principle of Robi: Principles statements define how people want to behave with each other in the organization. Robi Axiata Limited statement is about how the organization will value their customers, suppliers, and the internal community. For this reason Robi Axiata Limited Employees hold themselves accountable to the following guiding Principles for the organization. From the perspective of Robi: Emotional: Passionate, Creative, Respectful, Open.
  18. 18. Functional: Simple, Ethical, Transparent, Ownership No matter what we do in order to realize our purpose, we hold ourselves accountable to the following overarching guiding Principles for our organization. Passionate: We are Passionate-its in all of us. Whether visible or hidden within for whatever reason. Everything we do is about doing the best we can. We are there for each other and we endeavor to help in every way we can. Creative: Everything we do we should do in a creative innovative manner. We bring energy to our work. Our communications demonstrates our creative flair. We provide creative and imaginative and services to our customers. Respectful: We are truly respectful to each other, our subordinates, peers, partners and customers. We treat everyone equally and we allow people to express their thoughts opinions in a respectful manner. Open: We have no hidden agendas. We share information freely. We can only be open with our customers, partners, and stakeholders if we are open with ourselves- regardless of hierarchy. Everything we do and say should be simple and easy to understand. In terms of communications we make sure the massaging is in plain, simple language. Our plains are simple and uncomplicated. Ethical: we are moral, upright, honest, righteous, virtuous, honorable, keeping our promises in all we say and do. We clearly align to our internal and organizational code of ethics and code of honor. We will oppose all forms of corruptions.
  19. 19. Transparent: A few key words and phrases sums this up: Honesty, openness, frankness, no lies, no deceit, no games, easily understood. We are transparent with our customers, with each other, with our subordinate and peers. Ownership: whilst working individually or correctively, we clearly demonstrate individual and collective ownership. Making mistakes is clearly part of daily business as it is part of daily life- as long as we own up to this clear, no culture of fear. 2.3 Banglalink Banglalink is the second largest cellular service provider in Bangladesh after Grameenphone. As of April 2012, Banglalink has a subscriber base of 25 million.It is a wholly owned subsidiary of Orascom Telecom. Banglalink had 1.03 million connections until December, 2005. The number of Banglalink users increased by 257 percent and stood at 3.64 million at the end of 2006, making it the fastest growing operator in the world of that year. In August, 2006, Banglalink became the first company to provide free incoming calls from BTTB for both postpaid and prepaid connections. On August 20, 2008, Banglalink got past the landmark of 10 million subscriber base. Mission of banglalink: Their mission is, therefore, to reduce the total cost of ownership of buying and using a mobile phone. Moreover, to achieve this vision, the company
  20. 20. has established some values that it tries to instill in its employees. They want their employees, and the company as a result, to be straight forward, reliable, innovative and, above all, passionate. Vision To be the best-quality Service Provider in the country. Banglalink on Making a Difference When banglalink entered the Bangladesh telecom industry in February 2005, the scenario changed overnight with mobile telephony becoming an extremely useful and affordable communication tool for people across all segments. Within first one year of operation, banglalink became the fastest growing mobile operator of the country with a growth rate of 257%. This milestone was achieved with innovative and attractive products and services targeting the different market segments. Banglalink also became a leader in terms of its advertising quality and setting very high standards for competition and others. The corporate TV commercial of "din bodol" based on the theme "making a difference in people's lives", touched everyone through out the country.
  21. 21. Banglalink continues to play an active role in the area of corporate social responsibility.Banglalink has given Dhaka International Airport the gateway of Bangladesh a completely new look. 2.4 Mobile Phone Operators at a Glance Grameen phone Robi Banglalink Web Address www.graminphone.com www.robi.com.bd www.banglalinkgsm.com Employees More then 4600 2100 5000 Annual Sales 5890 core 2940 core 3120 core Revenue 35810 million 15350 million 19945.5 million Net Income 4833 core 857 million N/A Asset 105335 million 50145 million 6658 core
  22. 22. Liabilities 58450 million 25405 million 2869 core Business Value N/A N/A N/A Stock Value 46885 million N/A N/A CHAPTER THREE Marketing Strategies of Existing Mobile Operators in Bangladesh Grameenphones Strategic Analysis of Existing Products Marketing Strategies of Robi
  23. 23. Strategic marketing plan of Banglalink Existing offers in several mobile operators 3.1Grameenphones Strategic Analysis of Existing Products Grameenphone regularly evaluates the performance of its product. This evaluation of diagnostic information to guide its strategies for new products, product modification, and product elimination. But the strategic analysis of existing products requires tracking the performance of the products in the portfolio, as shown below:
  24. 24. Thisfigureshows theperformanceoftheproductsintheportfolio For tracking product performance Grameenphones management first establish the criteria and levels of performance for gauging product performance. These include both financial and non financial factors. Because of the various demand and cost interrelationships among products, an information system is established to measure how well a particular product is doing. The purpose of this tracking system is to maintain a product review process that will help to spot problem products or products features. Grameenphones management uses the diagnosis to help select a strategy for eliminating the problem. Action includes adding new products, cost reduction, product improvement, marketing strategy alteration or product elimination.
  25. 25. 3.2 Marketing Strategies of Robi RAX always wants to achieve the desired sales growth and customer base. RAX wants to encourage the existing customers to use more of their services. They launched a package called "Robi EID DOUBLEBONUS" which was one of their successful initiatives for obtaining potential customers. Product Positioning Initially RAX's target was to reach the top, but other mobile operators are also targeting to the grass roots level and thus increasing their customer base. RAX wants to be the leader with good quality and designing products for the middle and lower middle class range too. Marketing division constitutes seven units. A brief description of each unit is given below: Brand and A&P Brand and A&P denotes to brand and advertising & promotion. This unit deals with the overall brand management and promotion activities of the company. The unit covers both outdoor (billboards, road-overhead etc.) media and indoor (print & electronic) media. Product Development: Product development unit is like the R&D unit of a company, which is responsible for developing new products and services. This unit is closely related to the marketing research unit.
  26. 26. International Roaming: International roaming (IR) unit is basically responsible for ISD, international SMS etc services. The core task of this unit is to negotiate with foreign telecommunication companies and to expand the international coverage by making deals with them. Corporate Sales: Corporate sales unit deals with the sales of products and services to other companies. The unit makes agreements with different companies to be the corporate clients of Robi and only handle the corporate level sales. Direct Sales: Direct sales unit is responsible for the sales of products and services to the mass customers through the customer service centers. Dealer Management: Dealer management unit oversees the dealers of the company around the country. Information Technology Division: IT division constitutes seven units and they closely work together. 3.3Strategic marketing plan of Banglalink
  27. 27. Situation Analysis: Banglalink have started its first operation in Bangladesh in 2005. The products have been well received and the marketing is the key to the development of its brand image as well as the growth of the customer base. Banglalink now offering different packages for the customers but at the begging year they offered packages as well as different mobile sets for the customer. Market Summary: Banglalink posses good information about the market knows a great deal about the common attributes of the most valued customer. Before launching its experienced and prompt sell and marketing force observed the market carefully and better understood who is served, what is their specific needs and the way to communicate with the customers need and demand. Market Needs: Banglalink is providing a wide range of services for its valued customers. The company seeks following benefits that are important for its customers: Quality Service: Banglalink is providing quality service to the employers. The customers dont like the network problem and slow networking system. Banglalink recruits high professional employees and experts to make the network available for the customers. It is the company which expands its network all over the country within the shortest period of time after starting its operation. Banglalink is committed to its customer about the quality service. Customer Service: Banglalink has both online and physical customer care service for its
  28. 28. customers. The valued customer can solve the problems over mobile phone dialing 121. It has also customer care service all over the country mainly in the city areas. But the centers are too limited to meet the huge demand. Now at this banglalink is expanding its customer care centers and upgrading its quality. Banglalink is committed to meet the customer demand and problem as soon as possible. Service at Low Price: Before Banglalink starts its operation the tariff was higher than any other period. At that time the three mobile companies charged tk. 6 for per minute outgoing calls and tk.2 for per sms. But the company was committed to provide quality service at a lowest price. As a result Banglalink is the fastest growing telecom company in Bangladesh. This is because of providing quality service at a lowest price. Market Growth: Though the call rate tariff is reducing due to the heavy competition in the telecom market, the market is widening day by day as the number of mobile users are increasing and there is a lot of scope to develop this sector. Banglalink is the fastest growing telecom sector in banglalink. Sheba Phone became Bnglalink in 2005 when ORASCOM graphed the company. At the time launching as the name of Banglalink there was only a few thousand customers but within the three years its number of customers has raised more than 4million. Banglalink is the second largest telecom company operating in Bangladesh.
  29. 29. 3.4Existing offers in several mobile operators Grameenphone Robi Banglalink Subscriber 40.33 million more than 20 million 25 million Lowest Call rate 5paisa/10sec 4.67paisa/ 10sec 4.5paisa/10sec Lowest Call rate (other operator) 11paisa/10sec 13paisa/10sec 12paisa/10sec Maximum Fnf 10 Fnf 8 Fnf 10 Fnf
  30. 30. Super fnf/prio 1 1 1 Pulse 1sec 1sec 1sec Advance Balance No advance balance facility 10 Tk Advance facility 5 Tk Advance facility Note: This offer is only for prepaid subscriber 15 % VAT will be applicable with all charges. 10 second pulse will be applicable for On/Off-net calls 3.5Marketing Slogan Every mobile operator company has a slogan of its own. They run their marketing activities based on slogan. It can make a great attraction on customer mind. So a mobile operator company offer various package based on slogan. Graminphone: Durotto Jotoi Hok, Kache Thakun Robi: Jole Uthun Apon Shoktite Banglalink: Jekhane Ache Din Bodoler Chesta, Shekhanei Banglalink Airtel: Valobashar Tane, Kache Ane
  31. 31. Citycell:"because we care" Teletalk: Amader phone CHAPTER FOUR
  32. 32. SWOT ANALYSIS 4.1 SWOT SWOT analysis (alternatively SWOT Matrix) is a structured planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The technique is credited to Albert Humphrey, who led a convention at the Stanford Research Institute (now SRI International) in the 1960s and 1970s using data from Fortune 500 companies. The degree to which the internal environment of the firm matches with the external environment is expressed by the concept of strategic fit. Setting the objective should be done after the SWOT analysis has been performed. This would allow achievable goals or objectives to be set for the organization.
  33. 33. Strengths: characteristics of the business or project that give it an advantage over others Weaknesses: are characteristics that place the team at a disadvantage relative to others Opportunities: elements that the project could exploit to its advantage Threats: elements in the environment that could cause trouble for the business or project Identification of SWOT is important because they can inform later steps in planning to achieve the objective. A survey report about SOWT analysis of several mobile operators is given in this topic. 4.2 SWOT Comparison Sheet (Strengths) Strengths Grameen phone Robi Banglalink What are your core competencies? Network Coverage Lower Tariff Lower Tariff
  34. 34. What are your Business advantages? Marker Leader No Credit Transaction Quality Service Where are you making the most money? Providing Internet Service Value Added Service Airtime What are you doing well? Network Coverage Customer acquisition Corporate Business 4.3 SWOT Comparison Sheet (Weaknesses) Weaknesses Grameenphone Robi Banglalink What areas are you avoiding? Low tariff Market Penetration Internet Where do you lack resources? N/A BTS BTS
  35. 35. What are you doing poorly? Customer Satisfaction Rural Areas Network Coverage Where are you losing money? N/A Seam Sales Seam Sales What needs improvements? Tariff Cost Network Coverage Network Quality 4.4 SWOT Comparison Sheet (Opportunities) Opportunity Grameenphone Robi Banglalink Any Beneficial trends? Growing Internet Improvement of network quality Aggressive improvement of network quality
  36. 36. Niches that Competitors are missing Cell phone PCO N/A New Technologies? 3G 3G 3G New needs of Customers? Attractive tariff Attractive tariff Clear Voice calls 4.5 SWOT Comparison Sheet (Threats) Threats Grameenphone Robi Banglalink Obstacles to overcome? Fiber optic network problem Fiber optic network problem Fiber optic network problem Aggressive competitors? No Yes Yes Successful competitors? No Yes Yes
  37. 37. Negative economy Conditions Inflation political influence Inflation political influence Inflation political influence Government Regulation Conflict between industry growth and dreams of digital BD Bangladesh Telecommunication Act Bangladesh Telecommunication Act Changing business Climate Increasing competition changing customer need Increasing competition changing customer need Increasing competition changing customer need Vulnerabilities Uncertainty regarding renewal of license Power Supply Power Supply CHAPTER FIVE
  38. 38. CONCLUSION Recommendation Conclusion Reference 5.1 Recommendations
  39. 39. Every company must take immediate actions to expand its network coverage all over Bangladesh. Should be monitor the existing customer and provide better service. Should avoid hidden cost Should reduce call rate with respect to other countries. Every company should provide 3G technology as like as teletalk They should develop new competitive packages for the corporate customers. Customer care service should available in rural area Bangladesh Should provide low rated & faster internet service. Should increase social development work.
  40. 40. 5.2 Conclusion The wizardry of SWOT is the matching of specific internal and external factors,which creates a strategic matrix and which makes sense. According to Weihrich (1982), possible combinations are: maxi-maxi (strengths/opportunities), maxi-mini (strengths/threats), mini-maxi (weaknesses/opportunities), and mini-mini (weaknesses/threats). Maxi- maxi (S/O) combination suggests that an organization should strive to maximize its strengths to capitalize on new opportunities. Maxi-mini (S/T) combination suggests that an organization should strive to use its strengths to minimize threats. Mini-maxi (W/O) combination emphasizes to conquer the organizations weaknesses by making the most of any new opportunities. Mini-mini (W/T) combination suggests adopting, most definitely, defensive strategy to minimize an organizations internal weaknesses and avoid external threats.
  41. 41. 5.3 Reference Hill,T.& Westbrook., R. (1997), SWOT Analysis: Its Time for a Product Recall, Long Range Planning-International Journal of Strategic Management, London, 30 (1), pp.4652. Menon, A. et al. (1999), Antecedents and Consequences of Marketing Strategy Making, Journal of Marketing, 63, pp. 1840 http://en.wikipedia.org www.btrc.gov.bd http://grameenphone.com http://dpe.teletalk.com.bd http://www.citycell.com