...MGT314.8 DEMAND FORECASTING, PRODUCTION OPTIMIZATION AND CAPACITY MANAGEMENT FOR PRAN FOOD PRODUCTS BANGLADESH LIMITED Prepared By: Abdullah Al Rafi 111 0129 530 SM Nabil Afroj 113 0818 030 Faculty: Dr. Kais Zaman North South University Table of Contents Objectives 3 Brief Company Profile 4 Methodologies 5 Need for the forecasting 5 Forecasting Methods 8 Qualitative Analysis 10 Linear Programming 13 Conclusion 17 Objectives The primary objective is to find the demand and supply management techniques and the tools that the company uses to predict the demand for their products. The project will also determine the appropriate changes the company makes in their production process and their capacity management with regard to their forecasted demands. Many companies were and are still established to derive financial profit. In this regard the main aim of PRAN RFL Group is to maximize (optimize) profit. This report is on using Linear programming technique along with forecasting methods to derive the maximum profit from production of soft drink for PRAN RFL, Bangladesh Ltd. Linear Programming of the operations of the company was formulated and optimum results derived using Microsoft Excel. The result shows that two particular items should be produced even when the company should satisfy demands of the other - not - so profitable items in the surrounding of the plants...
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...LETTER of TRANSMITTAL Date: To Nargis Begum Lecturer of business administration World university of Bangladesh Dear Madam, This report entitled “job satisfaction of an industry” is an integral part of our academic program for the BBA degree we have worked various aspects on this matter. We are grateful to you for giving is this exposure to achieve tremendous real life experience during this work. We put the best performance on it. It’s been a pleasure for us to submit here with our dissertation, which has been prepared under the smart and dynamic leadership of a personality like you, again we gratefully thank you for the part of your experience, knowledge and views you share with us. We pray and hope that you would kind enough and grant us and obliged there by. Your sincerely Shohel Rana BBA, 31st A World University of Bangladesh ACKNOWLEDGMENT This report consists of the contribution of several individuals and institutions. At the beginning we would like to pay my gratitude to the almighty Allah for given us the ability to work under all circumstances, then we would like to thank and our heartiest gratitude goes to prof supervisor Nargis Begum, lecturer world university of Bangladesh. Who approved the proposal and gave a comprehensive idea in completion of the report without her guidance and assistance this work would not have been possible for us to complete. We would like to thank the authority of “………..” to give us the valued opportunity...
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...PRAN GROUP Report on HR Department EXECUTIVE SUMMARY PRAN group of companies is one of the leading business institutes of Bangladesh .We have prepared report based on Practices of SHRM of Pran Food &Beverage . To prepare this report we have followed informal questionnaire. In the report we discuss about Company overview, literature review, Business strategy of the PRAN Food and Beverage, relationship between business strategy and HR practices of the organization, influence of business strategy various HR practices .PRAN encourage their employee to take part in opportunities and programs that will add to their aptitude to bring value and ensure further augmentation and achievement for themselves and the Company. Every year they are challenging their previous success. They are pleased with that what they have achieved previously but not delighted with that. (Pran Food, n.d.) and Beverage every endeavor is to outweigh their past performance. They are growing and growing in the global market. At last we shortly discuss practices of Strategic Human Resources Management in Bangladeshi local company PRAN Food and Beverage. Contents EXECUTIVE SUMMARY 2 Introduction 4 Background of the company 5 HR as an important perspective 7 Common Issues of HR 8 Currently faced problems 9 Employee Workforce Management 9 Labor Management 9 Achievable Solutions 10 To speed up the workforce 10 For Labor enforcement 10 Conclusions 11 Bibliography 12 ...
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...| The organization of International Business | 16 | 9 | Entry Strategy and Strategic Alliance | 18 | 10 | Exporting, Importing and Counter Trade | 19 | 11 | Global Production and Logistics | 22 | 12 | Global Human Resource Management | 25 | 13 | Recommendation | 26 | 14 | Conclusion | 27 | 15 | Reference List | | Introduction PRAN-RFL GROUP is a private owned organization of Bangladesh running multiple businesses both in the national and international market. The purpose of this term paper is to analysis the international business aspect of PRAN-RFL GROUP. For preparing this report we went to PRAN-RFL GROUP for visit. There we interviewed assistant manager of export, MR. Zamaluddin Ahmed and we found out everything about their international business and also the major procedure of their business. In this report we tried to visualize the international business aspects of that organization and it is fragmented into different segments. Firstly, we gave a total overview of PRAN-RFL GROUP then we tried to show the overall environment both national and international. Then the trade theories which are related to them, FDI in their business. PRAN-RFL GROUP’s international business structure, entry mode, also their logistic and human resource management. Objective This report is a part of academic curriculum of International business course of Brac Business School. The main objective of this report is to gather practical knowledge of how an international business operates by...
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...Form full version Pran Essay Pran Category: Business Autor: jessica85 05 April 2010 Words: 4938 | Pages: 20 We would like to thank our faculty Ameer Yusuf Khan for his splendid support and guideline during our completion of this report. We are grateful for the patience and the time he gave us to solve the problems we faced in making the project. We would also like to express our gratitude to the management and all the individuals of PRAN Group who have taken part by assisting us with details on their company, especially to Mr. Chowdhry Kamruzzaman Kamal who is the General Manager (PRAN Sales-Marketing) of PRAN Group. He helped us a lot by giving his valuable time and lots of information which was very essential for us to make our project a superior one. We would also like to take the opportunity to thank our families, friends and classmates for being so generous, friendly and helpful and assisting us with both major and minor details. We in Bangladesh are blessed with a climate ideally suited to agriculture, specially fruits and vegetables-rich in taste and flavor: sweet, mellow and juicy. Our deltaic plains are among the most fertile in the world created and drained by the mighty rivers-the Padma, Jamuna & Meghna. There is plenty of water. And farming is a way of life to our people. Our comparative advantage as an economy lies in agriculture. We believe the way to economic prosperity is through agri and agro- business. PRAN Group was born in 1980...
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...Internal auditors are employees of a company hired to assess and evaluate its system of internal control. To maintain independence, they present their reports directly to the board of directors or to top management. They provide functional operation to the concern. Internal auditors are employed by the organization they audit; their familiarity with the organization provides more insight into potential fraud and wrongdoing. External auditors are independent staff assigned by an audit firm to assess and evaluate financial statements of their clients or to perform other agreed-upon evaluations. Most external auditors are employed by accounting firms for annual engagements. They are called upon from outside the company. However, two sorts of auditor’s goal are not the same. The internal auditor is assigned by the management of the bank. They are assigned to find out whether everything is going properly or not. If any problem exists they have to bring it to the notice of the top management and then the concerned authorities take necessary action. But in case of external audit the auditors come from outside and they are assigned by the shareholders. They audit on behalf of the shareholders and the findings they publish on the annual report also give independent opinion. The internal or management auditors work within the organization, so they have better knowledge regarding the organization. What is internal audit? ‘An independent, objective assurance and consulting activity...
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...Corporate Social Responsibilities Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Furthermore, CSR-focused businesses would proactively promote the public interest (PI) by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. CSR is the deliberate inclusion of PI into corporate decision-making, which is the core business of the company or firm, and the honoring of a triple bottom line: people, planet, profit. CSR policy Corporate Social Responsibility is a concept whereby companies integrate social and environmental concerns into their business operations and in their interaction with their stakeholders (employees, customers, shareholders, investors, local communities, government), on a voluntary basis CSR is closely linked with the principles of Sustainability, which argues that enterprises...
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...Contents EXECUTIVE SUMMARY 2 1.1 ORIGIN OF THE REPORT 3 1.2 OBJECTIVES OF THE STUDY 3 1.3 METHODOLOGY USED IN THE STUDY 3 1.4 SCOPE OF THE STUDY 3 1.5 STUDY AREA 4 1.6 LIMITATIONS OF THE STUDY 4 Theoretical Overview 5 2.1 Economy of Bangladesh 7 2.2 Economic outlook 7 Industry Analysis 8 COMPANY ANALYSIS 9 ANALYSIS & INTERPRETATION 9 Conclusion 13 EXECUTIVE SUMMARY Today’s business world is so much competitive as a result every person has to be very cautious while taking an investment decision. Various types of analysis are performed by the investors to choose the most perfect securities. In a portfolio construction a person analysis the whole macro as well as micro economic scenario of a nation, in industry analysis the industry condition, movement is closely examined and in a company analysis the specific firm is analyzed to take a decision. This are steps of fundamental analysis.. In this report all this are performed on ten firms. Our selected firms are from different industries. All of these companies’ shares are category A shares in DSE. We have collected our necessary information from primary and secondary sources. In our entire report we try to focus on portfolio construction from an investor’s perspective. We have divided the topics of the report into different segments. First we have discussed about the origin of the report, objectives and scope of the study, the method of preparing the report, limitation of the study. Then we have chosen the companies...
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...WHAT IS CSR? Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though the latter can also make a valuable contribution to poverty reduction, will directly enhance the reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that. Key CSR issues: environmental management, eco-efficiency, responsible sourcing, stakeholder engagement, labor standards and working conditions, employee and community relations, social equity, gender balance, human rights, good governance, and anti-corruption measures. A properly implemented CSR concept can bring along a variety of competitive advantages, such as enhanced access to capital and markets, increased sales and profits, operational cost savings, improved productivity and quality, efficient human resource base, improved brand image and reputation, enhanced customer loyalty, better decision making and risk management processes. ORIGIN OF CSR CONCEPT In the 1950s...
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...CSR Activities of Nestlé Bangladesh Limited "CSR Activities of Nestlé Bangladesh Limited" BUS-400 Suntu Kumar Ghosh Submitted to Internship Report On Assistant Professor BRAC Business School, BRAC University Submitted by Date of Submission: July 17, 2014. Declaration I hereby declare that the Internship report on “CSR Activities of Nestlé Bangladesh Limited” submitted as a partial fulfilment of the requirements for the degree of Bachelor of Business Administration; to BRAC University is my original work. I tried to gather a collection of the information to make my report specific and coherent. This report is not submitted for the award of any other degree, diploma, fellowship or other similar titles or prizes. The whole report is uniquely done by me. …………………………………………….. Musharrat Tarannum ID- 10104053 BRAC Business School BRAC University [i] Letter of Transmittal July 17, 2014. Mr. Suntu Kumar Ghosh Assistant Professor BRAC Business School (BBS) BRAC University Re: Submission of Internship Report Dear Sir Here is the Internship Report on “CSR Activities of Nestlé Bangladesh Limited”. This report was the partial fulfilment of BBA program. I have tried my best to submit a good report with as much information as I could gather during the short time span allotted for writing the report. I made sincere efforts to study related materials, documents, observe operations performed in Nestlé Bangladesh Limited and examine relevant records for preparation...
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...Abstract Businesses today face heightened expectations around their role in society and the world, with turning a profit only one of many criteria by which performance is measured. Rising in importance is the impact a company has on its stakeholders, society, and even the planet. Integrated reporting, which encompasses elements of traditional financial reporting, sustainability reporting, and governance reporting within a single presentation, represents a growing trend that reflects these new expectations. The core concept underlying the term “integrated reporting” is providing one report that fully integrates a company’s financial and non-financial (including environmental, social, governance and intangibles) information. Integrated reporting offers the opportunity to centre business reporting on strategy and value creation, to demonstrate how the business uses capital and the extent to which they should continue to be invested in business. Integrated reporting is a journey. Organizations are unlikely to achieve perfection in the first year. In the absence of a generally accepted framework, companies that wish to move toward integrated reporting may encounter several dilemmas around relevance, scope, assurance and other issues. However, as reporting processes for the production of the supporting information are designed and improved and as the executive team begins to benefit from a more informed implementation of the governing structures’ decision, reporting will improve...
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...Objective to the study: This study is for to create an e-commerce model for a Bangladeshi Company. Broad Objective: 1. E-commerce 2. Business Plan based on e-commerce Specific Objective: The study we made for is to propose a e-commerce business model that can help top management take necessary steps to adopt. Scope of the study: This study, as well as other studies that were undertaken to provide about implementing a new e-business model on Rahimafrooz IPS under the sbu’s of Rahimafrooz Distributors. Limitation of the Study: Within a very short time we have made this report. Methodology of the Study: To prepare the report, both primary and secondary sources of information have been used We have used primary source of the data 1. Direct communication with the Employee 2. File Study Secondary source of the data: 1. Company website 2. Internet Short description about Rahimafrooz Distribution Ltd. Rahimafrooz Company is one of the biggest companies in Bangladesh. Rahimafrooz Company was formerly established in 1954 as Rahimafrooz & Co. Over the decades, Rahimafrooz has grown in size, scale, and diversity. Rahimafrooz Group today has Eight Operating Companies (SBUs), a few other business ventures, and a not for profit social enterprise. Rahimafrooz operates in four broad segments – Storage Power, Automotive & Electronics, Energy and Retail. Now Rahimafrooz Company strengthened their market...
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...[pic] |Particular | |Page No | |Introduction To The Report |: |7 | |Royal Crown Cola History |: |8 | |The Partex Beverage Ltd |: |8 | |Mission Of The Partex Beverage Ltd |: |9 | |Vission Of The Partex Beverage Ltd |: |10 | |Objective of The Partex Beverage Ltd |: |10 | |Market share of Partex Beverage Ltd |: |12 | |Environmental Concern |: |12 | |The portfolio Matrix |: |14 | |Major Competitors |: |14 | |Marketing Process |: |16 | |Marketing...
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...Premier university, chittagong Assignment on “New Business Plan” Submitted to: Md Atikur Rahman Course Teacher, Faculty of business studies Premier University, Chittagong. Submitted By: Name | ID | Mir Md. Belal | 1022114557 | Sifuddin Ahamed | 1022114559 | Kuhinoor Akhter | 1022114580 | Irin Julekha | 0920113595 | Nishat Yesmin Sonia | 1022114586 | Joyasree Ghosh | 1022114684 | | | Date of submission: 16/03/2014 14 march, 2014 Md. Atikur Rahman Lecturer, Department of Management, Faculty of Business Studies, University of Chittagong Subject: Submission of report of establishes Mango Juice Industry. Dear Sir, It is a great piece of pleasure for us to make this Report. This work is encouraged to make the students’ knowledge about Project. We have tried to give our best concentration and knowledge in preparing this Project Report. We have tried to give our heart-best potential in preparing this Report. Thank you very much for giving us the opportunity to explore this type of Project which gives us many experience on different task. The Project Report is presented here in and we hope you will find everything in order. In case of any type of problem to understand any part of this Project, please ask us. We will try our best and be at your convenience. Sincerely Yours, Mir Md. Belal Sifuddin Ahmed Nishat Yesmin Sonia Irin julekha Kuhinoor Akther Joyasree Ghosh Table of Contents Project name4 ...
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...Chapter One Introduction 1.1 Introduction Risk is inherent in all aspects of a commercial operation; however for Banks and financial institutions, credit risk is an essential factor that needs to be managed. Credit risk is the possibility that a borrower or counter party will fail to meet its obligations in accordance with agreed terms. Credit risk, therefore, arises from the bank’s dealings with or lending to corporates, individuals, and other banks or financial institutions. Credit Risk Grading is an important tool for credit risk management as it helps a Bank to understand various dimensions of risk involved in different credit transactions. The aggregation of such grading across the borrower, activities and the lines of business can provide better assessment of the quality of credit portfolio of a bank or a branch. The credit risk grading system is vital to take decisions both at the pre-sanction stage as well as post-sanction stage. At the pre-sanction stage, credit grading helps the sanctioning authority to decide whether to or not to lend, what should be the pricing for a particular exposure, what should be the exposure, what should be the appropriate credit facility, what the various facilities are and what are the various risk mitigation tools to put a cap on the risk level. At the post-sanction stage, the bank can decide about the depth of the review, periodicity of the grading, and other precautions to be taken. Having considered the significance and necessity...
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