...[pic] Independent University, Bangladesh [pic] Compensation system in Grameen Phone Limited HRM370 Compensation System in Gremeen Phone Limited Prepared For: Mr. Monzoor Murshed Course Instructor, HRM 370 Prepared By |Name |ID | |Md. Mahbubul Hoque Bhuiyan |0920713 | |Towhidul Islam Khan |0920034 | |Md. Shamim Rahman |0920108 | | | | | | | | | | Date of submission: 3rd April 2012 Letter of Transmittal 3rd April 2012 ...
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...Presented to – Adeyl khan, course instructor: MIS 205, Sec: 3 Group Assignment-1 Due date: 14.6.2012 2012 Report on an organization Grameenphone Sadi mohammad- 1110725030 Abu Shoaib khan- 1020722030 Grameenphone – An Overview Since 1997 the widely acclaimed “Village Phone Program” of Grameenphone – a joint venture telecom company, set up by Grameen Bank, with foreign (Norwegian) capital3 – has provided telephones to 39,000 villages in Bangladesh, bringing access to the telephone networks to some 70 million people. This extraordinary achievement is rightly cited in the development literature as a success, an innovation which managed to bring the Information Society to the remotest and most unlikely places of the country. Most studies of the initiative have focused on the socio-economic benefits that new technology such as cell phones can bring rural communities, giving the impression that the program is philanthropic in intention, presenting Grameenphone as a not-for-profit organization devoted to providing connectivity for the poor. This assumption does not reflect reality. GP is above all a business. The company provides a good example of a multi-stakeholder partnership, as recommended in the Plan of Action of the World Summit on the Information Society (WSIS) held in Geneva in December 2003.4 It highlights the role of the private sector not only as a market player but also as an effective and dynamic stimulator of development. This case-study...
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...BUS203 “SWOT and PEST Analysis of Grameenphone Limited” Submitted to: Asheka Mahboob Submitted by: Zerin Tasnim Haq (12304009) Rifat Tasfiha (12303039) Syeda Tamanna Nawar Neha(12204062) Farhana Ahmed- 12104016 Section : 02 Submission date: 11.08.2014 Table of contents: WHAT IS PEST ANALYSIS | 3-4 | ANOVERVIEW OF THE TELECOMMUNICATION INDUSTRY | 4-5 | THE STORY OF GRAMEENPHONE | 6 | PESTLE ANALYSIS-POLITICAL | 7 | PESTLE ANALYSIS-ECONOMICAL | 8 | PESTLE ANALYSIS-SOCIAL | 8-9 | PESTLE ANALYSIS-TECHNOLOGICAL | 9-10 | PESTLE ANALYSIS-LEGAL | 11 | PESTLE ANALYSIS-ETICAL | 11-12 | Swot analysis of grameenphone-strengths | 13-14 | Swot analysis-weakness | 14-15 | Swot analysis-opportunities | 15-16 | Swot analysis-threats | 16-18 | Recommendation | 18-19 | Conclusion | 20 | REFERENCE | 21 | PESTLE analysis, which is sometimes referred as PEST analysis, is a concept in marketing principles. Moreover, this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service etc. PESTLE is a mnemonic which in its expanded form denotes P for Political, E for Economic, S for Social, T for Technological, L for Legal and E for Environmental. It gives a bird’s eye view of the whole environment from many different angles that one wants to check and keep a track of while contemplating on a certain idea/plan. The framework has undergone certain alterations, as gurus...
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...Cellular phone has become such a vital necessity if our day to day life that we can not spend a single day without it. In the current scenario of today’s telecom sector, we find some names everywhere and their activities are touching our lives. The name of the cellular operators like GrameenPhone, AKTel, Banglalink, and Citycell & Teletalk is expanding with their activities to gain their respective goals. To execute their goals accurately, they adopt several marketing strategies. In our report we have focused the vital business strategies from different viewpoints of GrameenPhone. From this analysis we have able to identify their process of capturing different generations and the key factors of their market acceptance. From this study we are able to know about market segmentations, positions, marketing mix, SWOT analysis and various special features of GrameenPhone. Then we have discussed about the competitive advantage of the company. From our discussion we have found that grameen phone is the market leader, banglalink is the market challenger, AKTEL is the market follower and Citycell is the market nicher. Then last of all we have analyzed the SWOT analysis. In our SWOT analysis we have tried to discuss about the strength weakness opportunities and treats as broadly as possible. Then we have discussed about the marketing mix strategies. Marketing strategies are the strategies of each company with 4ps that is product, price, place and promotion. We have tried to discuss...
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...LETTER OF TRANSMITTAL July28, 2012 To, Rezaul Karim Lecturer Department of Finance and Banking Carmichael College, Rangpur Subject: Submission of Assignment on “ Service rendering quality of Grameenphone ” Dear Sir, I would like to take this opportunity to thank you for the guidance and support you have provided me during the course of this report. Without your help, this report would have been impossible to complete. With deep gratitude, I also acknowledge the help provided by Mr. Shariful Huq, Customer Development Manager Grameen phone Ltd. To prepare the report I collected what I believe to be most relevant information to make my report as analytical and reliable as possible. I have concentrated my best effort to achieve the objectives of the report and hope that my endeavor will serve the purpose. The practical knowledge and experience gathered during report preparation will immeasurably help in my future professional life. I request you to excuse me for any mistake that may occur in the report despite of our best effort. I would really appreciate it you enlighten me with your thoughts and views regarding the report. Also, if you wish to enquire about an aspect of my report, I would gladly answer your queries. Thank you again for your support and patience. Yours Sincerely Md. Saju Eslam Roll No: 8368435 Reg. No: Session: 2012-2013 BBA (Hon’s) 2nd Year Department...
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...used. Among the sources,data mainly collectedfrom the published annual report of grameenphone and web site of grameenphone. I have constructed this report under five chapters these are given below. The First part, of this report deals with Introduction, objective, methodology, and limitations of the report. In order to understand the financial performance of grameenphone on which the report is carried on. In the Second part, communicate over all Telecommunication industry of Bangladeshand This chapter also tries to show future prospect of telecommunication industry in Bangladesh .which helps to find the current situation of telecommunication industry in SAARC countriesand also gives an idea regarding the Current scenario of the mobile phone operator and the market share analysis of the Telco companies exist in Bangladesh. The Third part includes Company profile of Grameenphone. A brief narration of the organizations given on whichI selected for my report.These includes Company Facts, business description, object of company, achievements, company structure, product and services of grameenphone and also contribution to national expenditure etc. The Fourth partof the report focuses on the Quantitives analysis and qualitative analysis.Qualitative part describe the SWOT analysis of grameenphone and Quantitives partdenotes financial performance of the company.SWOT analysis helps to describe the company’s strength, weakness, opportunity and threat. Financial analysis and ratio...
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...Prepared By- Prepared For- Mrs Samina Hoque Lecturer BRAC Business School. BRAC University. Dear Madam, Sub: Submission of term paper for completion of course. With due respect, we want to inform you that we completed the term paper on Grameenphone. The term paper focuses on grameenphone’s CSR. It has been prepared for the completion of the course introduction of business. In writing this case, we followed your instructions for term paper writing and present our views and understanding in the easiest way. Thank you. It is pleasure to acknowledge the assistance received form several individuals during the preparation of this term paper. We are greatly indebted to our Miss Samina Hoque for her valuable help by giving the direction. We are appreciating the enthusiastic help of websites and annual report of the company in preparation of the term paper. We are obliged to Al-amin who contributes much to complete the term paper. Executive Summary: Grameenphone is one of the most go-ahead industries currently in Bangladesh. We took the term paper with Grameenphone which stands as a famous name in telecom industry. We proud to work with Grameenphone and this experience will surely help us in our future assignments...
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...In physics and chemistry, plasma is a state of matter similar to gas in which a certain portion of the particles are ionized. After sufficient heating a gas dissociates its molecular bonds, rendering it into constituent atoms. However, further heating may also lead to ionization (a loss or gain of electrons) of the molecules or atoms of the gas, thus turning it into a plasma, containing charged particles: positive ions and negative electrons.[1] The presence of a non-negligible number of charge carriers makes the plasma electrically conductive so that it responds strongly to electromagnetic fields. Plasma, therefore, has properties quite unlike those of solids, liquids, or gases and is considered a distinct state of matter. Like gas, plasma does not have a definite shape or a definite volume unless enclosed in a container; unlike gas, under the influence of a magnetic field, it may form structures such as filaments, beams and double layers. Some common plasmas are stars and neon signs. In the universe, plasma is the most common state of matter for ordinary matter, most of which is in the rarefied intergalactic plasma (particularly intracluster medium) and in stars. States of matter are the distinct forms that different phases of matter take on. Solid, liquid and gas are the most common states of matter on Earth. However, much of the baryonic matter of universe is in the form of hot plasma, both as rarefied interstellar medium and as dense stars. Historically, the distinction...
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...chapter 01 Introduction Management and organizations facing constantly changing problems, diverse managerial styles, and ever present information needs offer a challenging context for developing computer based information systems. A management information system (MIS) is a system or process that provides information needed to manage organizations effectively. Management Information Systems (MIS) employs the integration of information technology in achieving the needs and objectives of the general workforce, managers and their organization. The development of MIS in organizations helps corporate executives in applying efficient and effective information technology-based business and economic decisions. With new trends in information technology, managers and organizations will face more advance and flexible management of organizational information. Management information systems are regarded to be a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert systems, and Executive information systems. The terms MIS and information system are often confused. MIS is sometimes referred...
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...Executive summary: This report examines the financial performances of DESCO on the basis of analyzing and calculating their five major types of ratios; Liquidity Ratio, Asset Management Ratio, Debt Management Ratio, Profitability Ratio and Stock Market Ratio. The paper also includes the calculations and evaluation of Du Pont Equation. The company current ratio, quick ratio, inventory turnover ratio and total asset turnover ratio etc. appears as better than the previous years. However, the average collection period and average payment period has become unsatisfactory which may lead to financial crisis as the company’s only service offering is electricity supply which is offered almost in all cases on credit. Fall in fixed asset turnover ratio signifies that the company should utilize its fixed asset more. In this paper, slight fall in ROA and ROE is observed. While the former urges more efficient utilization of assets, the latter calls for an increase in return to the shareholders. The substantial fall in EPS shows that the company is falling behind in providing return to consumers which is not a very good sign. The company should try to return more to its shareholders. In a nutshell it can be said that in the recent years the company has been somewhat efficient in utilizing, managing and maintaining resources but isn’t giving back enough to the shareholders which gives out a very grave signal. Introduction: Dhaka Electric Supply Co. Ltd. (DESCO) was created as a distribution...
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...Grameen Bank and Microcredit Name Course Course Instructor Institutional Affiliation Date Introduction It is often contended that the monetary sector in low-income nations has failed to serve the impoverished. Considering the formal sector, financial institutions as well as banks generally necessitate significant collateral, have bureaucratic and lengthy application process and have a preference for high loan and high-income clients. For the informal sector, usurers often charge extremely high-interest rates, often permit sexist or racist attitudes to direct their lending decisions and tend to undervalue collateral (Kuhinur & Rokonuzzaman, 2010). Accordingly, the failure of informal and formal financial sectors to offer affordable credit to the deprived is usually perceived as a factor among others that reinforces the social, demographic and economic structures that eventually cause poverty. Consequently, "micro-credit" was developed to address this failure and decades has seen a significant growth in this sector. Microfinance over the years has received several donor endorsement to be the most viable anti-poverty initiative. This is because it targets and reaches the impoverished, especially women, and also small entrepreneurs and producers who more often than not have a limited formal access to traditional banking systems. Micro-credit is, in essence, the dispersion of diminutive collateral-free loans to equally liable groups so as to foster income creation...
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...Muhammad Yunus to be very interesting. At first I was wondering why an economist and bank owner was given the Nobel Prize for Peace and not Economics. Through the address he made, it became more apparent as to why he an industry like Grameen Bank received such recognition. By making a clear connection between poverty and the prospect of peace, Grameen Bank is fighting poverty and promoting peace. As long as people are in poverty, they suffer from anger, frustration, and hostilities that make it impossible to sustain peace in their society. With poverty all around Yunus, he couldn’t ignore it anymore, he couldn’t teach about the adverse effects of poverty in an economic system while people living within walking distance of the university knew nothing other than poverty. Since he created the Grameen Bank in 1974, it has given loans to over seven million people in over seventy three thousand Bengali villages. The bank gives out thirty thousand scholarships and approved thirteen thousand student loans, a number which increases by over seven thousand every year. An offshoot from the bank is Grameen Phone, a company committed to spreading the rise of technology and communication across all of Bangladesh. Companies like Grameen Bank and Grameen Phone are some of what Yunus likes to call social businesses. These social businesses operate much like a traditional business except they make no profit for their investors. That is not to say these companies are charities, all investors...
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...------------------------------------------------- Grameen Intel: The Experience of the World’s First IT Social Business ------------------------------------------------- Fahim Kader (132-0947-660) January 7, 2014 Abstract “Of all the countries around the world where we can invest, why should we keeping funds running to Bangladesh?” narrates Kazi I. Huque, CEO of Grameen Intel Social Business Ltd.). He talks about how he has had to convince people over at Intel Corporation, over the years, how despite all the well publicized negativities surrounding the political and (subsequently) business situations in Bangladesh, it would be great investment for Intel to finance the operations of Grameen Intel in Dhaka. Huque, a long term employee of Intel, recalls how during the incorporation of Grameen Intel, he was caught in the middle of contrasting demands and ideas from the rest of the board members that included his own bosses. When he took on the responsibility of spearheading the venture, he knew it would be challenging. The canvas was empty and required lots of thorough planning and strategizing to be crafted into a successful project. “I met with Craig Barrett (former Chairman of Intel Corporation) in his office, and I started complaining.” says Huque. “I said, ‘You’re all making different demands… you need to be on the same page.” Barrett simply replied, “Kazi, we got you onboard to deal with this. It is your job to sort it all out, so don’t ask me for solutions...
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...Grameen Bank Voluntary Social Systems in action Bangladesh Population: 145 million Capital: Dhaka (11 million) More than half the population is landless After the war, returned to Bangladesh Ph. D. in Economics Vanderbilt Univ Nashville, TN Tried working in the Govt, resigned in two months. Taught at Tenesse State and in Colorado Chairman of Dept of Economics, Chittagong University Dr. Mohammed Yunus Motivation “I felt extremely ashamed of myself being part of a society which could not provide $26 to forty-two able, skilled human beings who were trying to make a living.” Dr. Yunus, testifying before the U. S. Congress Select Committee on Hunger, in a hearing devoted to microcredit Target Customers The Landless No Collateral No Guarantee Customers are never taken to court for default Target Customers The Landless Villagers whose No Collateral families were “functionally No Guarantee landless,” didn’t own enough land to live off for most of the year. Customers are never taken 0.4 acres upper limit. court for default to Ownership Owned by Borrowers (94%) Govt (6%) Money Disbursed $5.25 billion Disbursed $4.64 billion Repaid $425.15 million in 2005 $585 million Projected in 2006 Loan Recovery Rate 99.01% In 1996, Grameen’s repayment rate of 97% was considered comparable to Chase Manhattan’s rate. Borrowers 5.58 million 96% women Rani’s husband: “If the bank...
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...Grameen’s business empire Grabbing Grameen Property rights in peril in Bangladesh Jan 28th 2012 | from the print edition * * Some day, all this will belong to the state HE IS probably Bangladesh's most celebrated citizen. Muhammad Yunus, winner of the 2006 Nobel peace prize, founded Grameen Bank in 1983 to provide tiny loans to poor rural women. Grameen became a global model for microfinance. It also spawned 48 other firms in sectors that stretch from textiles to mobile phones. Yet the Bangladeshi government seems determined to take Mr Yunus down a peg. In May 2011 the government pushed him out of his job as boss of Grameen Bank, saying that he was past the retirement age for someone running a government bank. (Grameen Bank mostly belongs to its borrowers but the state owns a slice.) Mr Yunus says this is just a pretext for a power grab. The government now wants to assert more control over other firms in the Grameen network, which includes assets worth an estimated $1.6 billion. In this section * Fleecing the flock * Faster, faster, faster * Research in commotion * Dotcom bust * Psst, wanna buy a law firm? * »Grabbing Grameen * The power of tribes Reprints Related topics * Partnerships * Companies * Industries * Telecommunications * Technology industry This is controversial, to put it mildly, not least because some Grameen firms have big foreign partners. Grameenphone, Bangladesh's largest telecoms provider...
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