Swot analysis of a bangladeshi bank

The simplest way to promote independence of decision and action in an EMB is to create a legal framework that embeds EMB independence, as provided in the constitutions and principal EMB laws of many countries, such as Mexico, South Africa, Uruguay and Zambia. Such a link to the judiciary may make undue interference by the government or opposition parties in EMB operations less likely. In governmental EMBs, the appointment as executive head of a public servant known for his or her integrity and unwillingness to be politically directed, as in Northern Ireland, can have a similar effect.

Swot analysis of a bangladeshi bank

Because of the ability to align allocation bases with cost drivers, provides more accurate information to support managerial decision Because of the inability to align allocation bases with cost drivers, leads to over costing and under costing problems.

Cost Control By providing summary costs of organizational activities, ABC allows for prioritization of cost-management efforts. Cost control is viewed as a departmental exercise rather than a cross functional effort Cost Relatively expensive to implement and maintain.

Inexpensive to implement and Table: Advantages of Activity Based Costing System: Easier to understand for everyone. Utilizes unit cost rather than just total cost.

Background

Integrates well with Six Sigma and other continuous improvement programs. Makes visible waste and non-value added activities. Supports performance management and scorecards Enables costing of processes, supply chains, and value streams Activity Based Costing mirrors way work is done Facilitates benchmarking Disadvantages or Limitations of Activity Based Costing System: These limitations or disadvantages are briefly discussed below: ABC produces numbers such as product margins that are odds with the numbers produced by traditional costing systems.

Swot analysis of a bangladeshi bank

But managers are accustomed to using traditional costing systems to run their operations and traditional costing systems are often used in performance evaluations. Activity based costing data can be easily misinterpreted and must be used with care when used in making decisions.

Quick facts and success stories

Practice of ABC in Bangladesh: Globalization and the increasing complexity of business, together with high-powered computing technology, have contributed to the development of new management accounting techniques all over the world.

In Bangladesh, Activity-based costing ABC is not fully practicing so much in an organization until now. We can take of using ABC in manufacturing and service industry in Bangladesh perspective. Very essential the implementation of Activity Based Costing ABC is in the Manufacturing Companies for computing accurate cost information for strategic and other decisions that potentially affect capacity and therefore fixed as well as variable cost.

Most of the manufacturing companies are very much interested to implement ABC in an organization, but lack of supporting management, inadequate skilled manpower, accessing cost etc. They are unable to implement ABC technique in an organization in our country. In Service Company Despite the fact that activity based costing was at first created in order to serve the cost management needs of industrial organizations, soon researchers considered the possibility of applying this particular methodology in the service sector as well.

Obstacles to Implement ABC in Bangladesh In our country perspective, contemporary issues in management accounting are not using in proper way for attaining competitive advantages.

Right now, most of the organization wants to implement ABC but some factors keeping them away from implementation. We know that management is the heart of business; good strategic decision helps to get competitive advantage, reversely bad decision also affected to get competitive benefit, using of ABC in an organization top management is not much committed.

And once implemented, an activity- based-costing system is more costly to maintain than traditional costing system. Our countries most of the organizations are short term profit oriented.

Without skilled manpower is not possible to implement ABC in an organization. ABC is one of the most lucrative and contemporary issues in management accounting. Facts that implementers are usually could not provide good training prior to implementing ABC in an organization.

So that before implementing ABC in an organization must be given training among the employees. Quality is a perceptual, conditional and somewhat subjective attribute and may be understood differently by different people.

What is Total Quality Management? It is a scientific management methodology that values the quality of companies and organizations quality not only in products, but also in their processes and in their organization for quality management.

TQM is a management method in which quality is required in all manners, to satisfy customer requirements. TQM is not a program.

Therefore, the success of TQM is measured not only by its tangible outcome but also by both the way in which the organizational structure is established and the processes by which corporate objectives are achieved.

TQM has been widely implemented throughout the world. Many firms have arrived at the conclusion that effective TQM implementation can improve their competitive abilities and provide strategic advantages in the marketplace.

TQM refers to an integrated approach by management to focus all functions and levels of an organization on quality and continuous improvement. TQM is an approach to improving the competitiveness, effectiveness and flexibility of a whole organization.

It is essentially a way of planning, organizing and understanding each activity, and depends on each individual at each level. For these above reasons TQM is important for Bangladesh to sustain in the long run.In the politics of the United States, opposition research (also called oppo research) is the practice of collecting information on a political opponent or other adversary that can be used to discredit or otherwise weaken attheheels.com information can include biographical, legal, criminal, medical, educational, or financial history or activities, as well as prior media coverage, or the voting record.

In the politics of the United States, opposition research (also called oppo research) is the practice of collecting information on a political opponent or other adversary that can be used to discredit or otherwise weaken attheheels.com information can include biographical, legal, criminal, medical, educational, or financial history or activities, as well as prior .

A SWOT analysis of Bangladesh Economy has uncovered its overall strength, weakness, opportunity and threat in terms of its current position in world economy. Despite some strengths and opportunities, Bangladesh has lots of weaknesses and threats that could seriously undermine nation's development process at any time.

SWOT Analysis of BDBL (Bangladesh Development Bank Limited) How can we define SWOT Analysis or SWOT Matrix SWOT analysis or can be called SWOT Matrix is a structured planning system for evaluating the Strengths, Weaknesses, Opportunities, and .

SWOT Analysis. SWOT analysis, is a strategic planning tool to evaluate the Strengths, Weaknesses, Opportunities and Threats involved in a project or in a business venture. SWOT Analysis of Human Resources in Orient Energy Systems Limited Human resource management (HRM) is the strategic and coherent approach to the management of an organization’s most valued assets – the people working there who individually and collectively contributes to the achievement o.

SWOT Analysis of Bangladesh Krishi Bank - Assignment Point