...This article therefore examines the past developments, current trends of Pakistani economy and the future global and regional outlook and builds the most likely scenario for the medium term economic prospects of the country (next 10 years or so) and then reviews the downside risks and upside gains around this scenario. 2. Pakistan is still a low income country and it would require at least next 14 years of 7 percent average annual GDP growth to double its per-capita income to around $ 2000 (official exchange rate conversion). This growth rate should also be able to reduce the incidence of poverty by half and meet the Millennium Development Goal. 3. It is easy to make this normative statement but more difficult question is how can this growth rate be achieved on a sustained basis? The prophets of doom and gloom in Pakistan (and there are plenty of them) who are constantly polluting the minds of our younger generation and turning them into cynics at very early age sapping their energies for constructive thinking and actions would dismiss this exercise as a figment of imagination or at best a fantasy. To them, all the economic gains have accrued due to the windfall of 9/11 and Pakistan’s support to the US in the war against terror. When confronted with the stark fact that Pakistan was one of the few countries that grew by 6 percent annually between 1960 and...
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...Project Scenario: You are a member of the ‘Global Strategy Team’ in a Firm planning for growth through global expansion. Your team has been asked to consider expanding into “new” international markets. You must prepare a report explaining the motives of internationalisation, the current strategies and how the expansion would fit into the firm’s global expansion plan. The second stage would be to choose a potential market and assess its prospects. You must then make suggestions as to the best means of entering that market and the appropriate organisation structure to manage the global expansion. Requirements: You are required to prepare a report of 2,000 words that addresses the theoretical and practical problems associated with the Board’s decision to expand overseas. Suggestions: 1. Choose a local company with which you are familiar, looking up its basic details on the company website, as well as other sources like the The EDGE, Malaysian Business, Wall Street Journal, financial Times and Fortune websites. You may also want to look at the industry by searching the Library’s statistics collection. 2. Choose a market to-date that has NOT been exploited by your company. a. What is the theory that best explain the motives of internationalisation? b. What is the justification of entering that particular market? c. What strategy (international, localisation, global or transnational) is most appropriate? d. What are the recommendations: i. The appropriate entry mode including...
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...readily available for consumers on the move. Moreover, quality is the hallmark of Nestle which is evident from the fact that millions of people across the world repose their confidence in the brand by purchasing Nestle products every day. The above quoted mission statement also explicitly mentions that Nestle has an inevitable power of anticipating consumer needs and timely responding accordingly. This has been proven true a number of times with the evolution of new products and especially with respect to Pakistan, their research on acute shortage of pure and healthy drinking water led to the introduction of Nestle Pure Life, a successful SBU. Mission Statement of Nestle Pakistan- Nestle’ being a multinational firm has vested its operations in numerous countries worldwide and has therefore molded its modus operandi to cater to the multi-faceted needs of consumers accordingly. In Pakistan, Nestle aims: ‘To positively enhance the quality of life of the people of Pakistan by all that we...
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...Telenor Group (OSE: TEL, NASDAQ: TELNF) is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand. It is currently[update] ranked as the sixth largest mobile phone operator in the world, with more than 184 million subscribers.[2] In addition, it has extensive broadband and TV distribution operations in four Nordic Countries, and a 10-year-old research and business line for M2M technology. Contents [hide] 1 History 1.1 Telegrafverket 1.2 Technology 1.3 Deregulation and internationalisation 2 Operations 2.1 Mobile 2.2 Fixed-line 2.3 Machine-to-machine 2.4 Broadcast 3 International activities and markets 3.1 Bangladesh 3.2 Denmark 3.3 Finland 3.4 Hungary 3.5 India 3.6 Malaysia 3.7 Montenegro 3.8 Pakistan 3.9 Russia and CIS 3.10 Serbia 3.11 Sweden 3.12 Thailand 3.13 Ukraine 4 Probable strategy 5 Criticism 5.1 Norwegian Internet Exchange 5.2 Grameen Bank gentlemen's agreement 5.3 Illegal VoIP Operations 5.4 Use of child labor and hazardous working conditions 6 Muhammad Yunus is considering taking legal action against Telenor 7 Legal battles with Alfa Group in Russia and Ukraine 8 See also 9 References 10 External links [edit] History Telenor headquarters in Fornebu, Norway.[edit] Telegrafverket ...
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...significant growth of tourism. Developing countries have some common characteristics, such as extreme poverty and widespread conflict (including civil war and ethnic clashes), extensive political corruption, lack of political and social stability, human resource weakness (human assets index, nutrition, health, education and adult literacy), and economic vulnerability. Bangladesh is a developing country in Asia, holding high potentiality for tourism. Bangladesh Parjatan Corporation (BPC) plays an important role for the development of tourism. For a long time, Bangladesh has been an attractive destination for tourists. But at present, its position is not significant in terms of the international tourism market. The overall objective of this research is to identify the issues and challenges in tourism marketing facing Bangladesh. Key wards: tourism, developing county, marketing, and case study 1. Introduction The role of international tourism in generating economic benefits has long been...
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...Expanding Horizons and Forging Cooperation in a Resurgent Asia SAARC 2015 The New Delhi Statement on SAARC 2015 and Asian Resurgence © Friedrich-Ebert-Stiftung, March 2007 Published by: Friedrich-Ebert-Stiftung India Office K-70B, Hauz Khas Enclave New Delhi Email: fes@fesindia.org Edited by: Kant K. Bhargava and Mahendra P. Lama Designed and printed by: New Concept Information Systems Pvt. Ltd., New Delhi ISBN 81-7440-065-6 Contents Foreword Preface Background Paper Inaugural Address by I.K. Gujral Group Reports New Delhi Statement Annexures: (i) Programme (ii) List of Participants & Special Invitees (iii) List of Written Papers and Presentations Related Publications iv vi 1 17 23 45 56 71 Foreword As part of its programme for the promotion of regional cooperation in South Asia, the Friedrich-Ebert-Stiftung organised the Conference on SAARC 2015: Expanding Horizons and Forging Cooperation in a Resurgent Asia in February 2007 in New Delhi in collaboration with Ambassador Kant K. Bhargava, former Secretary-General of SAARC, and Prof. Mahendra Lama, Chairman, Centre for South, Central, South East Asian and South West Pacific Studies, School of International Studies, Jawaharlal Nehru University, New Delhi. The main thrust of the Conference was that the SAARC as an entity and its member states must prepare themselves well for leveraging the opportunities arising from the current resurgence in Asia. The Background Paper for the Conference was prepared...
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...The Use of the Predator Drone in Afghanistan and Pakistan: An Essential Component of the War on Terror [pic] Photo Source: United States Air Force Website. Matthew R. Green CORE/PCON 322 Research Project March 27, 2007 I. Introduction/Thesis The last two decades of the 20th century and the first five years of the 21st century saw an increase in terrorist attacks around the world. Many were connected in some way to the conflicts in the Middle East and directed at the United States, culminating in the attacks of September 11, 2001. Terrorism is unique in that the majority of the acts perpetrated have no direct connection to foreign governments. Rather, terrorism emanates from extremist cells within the populace, with a network of individuals and properties living everyday life alongside the general population. The problem is further complicated because the enemy is hardly ever together as one, instead spread across different countries, and indeed continents. In present day War on Terror, it is necessary to eliminate small cells of extremists living among the general populace, often in a covert manner. Small, low-profile yet highly accurate and effective strikes that do not involve US military personnel are essential to avoid harming innocent civilians. One of the most famous weapons to be developed from these emerging necessities in the 1980’s and 1990’s is the Unmanned Aerial Vehicle (UAV), more commonly...
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...Research and Analysis Project for B.sc (Hons) In Applied Accounting Business and Financial Performance Of GlaxoSmithKline Pakistan Ltd (2007- 2009) XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXX Prepared by Faisal Saleem XXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXX Mentoring by Fahim Ahmed This project is prepared in accordance with Oxford Brookes University guidelines. Table of Contents Topic & Company selection------------------------------------------------------------------------------3 About GlaxoSmithKline------------------------------------------------------------------------------------4 Overview of the Pharmaceutical Industry-------------------------------------------------------------5 Research Aims and Objectives--------------------------------------------------------------------------7 Information Gathering--------------------------------------------------------------------------------------8 Techniques used in RAP--------------------------------------------------------------------------------10 Limitations in RAP and Ethical issues----------------------------------------------------------------11 Financial Analysis-----------------------------------------------------------------------------------------12 Revenue trend Analysis----------------------------------------------------------------------------------12 Profitability and...
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...& Finance University of Management & Technology Abstract: This research was conducted to gauge the perception of general public about Islamic Banking in Pakistan. Questionnaires were distributed to customers of Islamic Banking and conventional banking. The results revealed that most of the people do not have adequate knowledge of the concepts of Islamic Banking. Some of the participants did not even know that “Riba” is forbidden in Islam. Less awareness about the Islamic banking concepts can be the main cause of negative perception among general public. This study also revealed that many people think that Islamic banks have not played their proper role in creating the awareness and knowledge about the concepts and working of Islamic banking. The study might help the Islamic Banks to reconsider their marketing strategies so that the negative perceptions of the general public may be changed to a positive one. Key Words: Islamic Banking, Perception Introduction: Islamic Banking is relatively new concept as compared to conventional banking. The history of conventional banking dates back to about two hundred years. Whereas Islamic banking is only in its infancy stage and started only about 17 years ago. People are so used to the conventional side of the banking that it is a little hard for them to understand the Islamic Banking concepts and the working and services offered by them. The operations of Islamic Banking are based on the Shariah guidelines provided by Islam...
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...Introduction Entrepreneurship is becoming of vital importance in the economies like Pakistan. Entrepreneurship is strongly related to small medium enterprise (SME), which is considered to be the main developing force of the developing economies market. Previously many economists believed that it is the large firm which contributes in the developing of economies and attracts foreign exchange in the country. But there point of view changed when countries like Taiwan, Japan, and Korea established their economies on the bases of SMEs. These economies build up from grass root level to the heights of success. According to Schapper (2006), in developing nations more than 90% of the firms fall under the category of SMEs and he also above than 90% of these firms are microenterprises. Pakistan is also one of the countries focusing on the development of SMEs. Almost 13 years ago Govt. of Pakistan established institution named SMEDA; small and medium enterprise authority, responsible for the guidance and the promotion of SMEs. SMEs are very heterogeneous business operating in many different sectors such as trade, agri- business and manufacturing (Hussain et al, 2009). Pakistan is a very potential market for SMEs. Before very less or no importance is given on the business research which could attract many foreign investments. There are certain issues regarding the success and failures of SMEs which need to explore out and address. What is Entrepreneur? The term entrepreneur...
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...Govt. College, Chittagong. Subject: Submission of Term Paper Dear Sir, We are very pleased to submit the term paper on “Chittagong Stock Exchange; An Evaluation of the Operation, Problems and Prospects”. We were assigned to prepare and submit this term paper as the partial fulfillment of the course entitled BBA. We have tried our best to prepare this term paper perfectly. Nevertheless, this paper has been suffered by time and cost limitation. We will be obliged, if you kindly accept this term paper. We are ready to make you clear regarding any confusion or further clarification from this term paper. Yours Sincerely ..................................... PARUL AKTER BBA (Hons) 2nd year Roll: 8095336 Reg: 2112555 Class Roll: 1164 Session: 2011-2012 Department of Accounting, Gachhbaria Govt. College, Chittagong. Acknowledgement This is a great privilege for us to finish the report in due time. During the preparation of this report we have received generous help from many individual’s which we would like to mention with our deepest gratitude. First of all, we like to thank ..........................., Lecturer of Accounting Department for granting us this great opportunity to work on this subject, “Chittagong Stock Exchange; An Evaluation of the Operation, Problems and Prospects”. We have earned a lot of experiences while preparing the report and also learned. The entire development of the study has conducted under direct supervision of .............
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...IFC Advisory Service in the Middle East and North Africa Manufacturing Segment Grain Mill Products and Animal Feeds In partnership with: Canada, Denmark, Netherlands, Islamic Development Bank, Switzerland, United Kingdom and the United States. IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. We foster sustainable economic growth in developing countries by supporting private segment development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. This report was commissioned by IFC through its Bank Advisory Services program which, helps build capacities of commercial banks to provide banking services to small and medium enterprises (SMEs) in a responsible, profitable and sustainable manner. © International Finance Corporation 2011. All rights reserved. 2121 Pennsylvania Avenue, N.W. Washington, D.C. 20433 Internet: www.ifc.org The material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly, and when the reproduction is for educational and non-commercial purposes, without a fee, subject to such attributions and notices as we may reasonably require. IFC does not guarantee the accuracy, reliability or completeness of the content included in...
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...BANK (A COMPARATIVE STUDY) A RESEARCH REPORT SUBMITTED by SAAD SIDDIQ to University of Karachi in partial fulfillment of the requirement for the degree of BUSINESS ADMINISTRATION In MARKETING This thesis has been accepted for the faculty of UNIVERSITY OF KARACHI ACKNOWLEDGMENTS Thanks to Allah the All Merciful the all Benevolent for providing me the strength, courage, direction and skills to learn, acquire knowledge, and the ability to accept and meet challenges. Second I would like to thank all those people who have helped me in performing this research study.. I would like to give credit for those who gave their precious time to conduct the interview session and to those who filled the questionnaires. I would like to express my sincere gratitude to my supervisor Sir Mehmood Qasim for providing me his precious time, guidance, and instructions all along in order to materialize my content for the report.I am also thankful to my parents who accommodated me during those long hours of work in my project development and all the friends and colleagues who helped me out in my times of weakness and encouraged me. I am hopeful that the effort will be fruitful for the students to come in KU after us. Once again, I am very thankful to all people who have been involved in this thesis report directly or indirectly. Abstract This project compares the performance of Islamic banks and conventional bank in Pakistan on the basis of financial performance...
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...[pic] Internship Report MBA Marketing Management Allama iqbal open university Islamabad Submitted by: Nasir Mehmood Roll No: P-500791 Registration No: 04-PRN-0159 “Jamal House” No.1244 Block 4 Milltat Road Colony Amanat Ali Rahim Yar Khan Tel: 0685884661 Cell: 03216705100 E mail: nasirmetme@gmail.com [pic] Best Chemicals Corporation (AGRO DIVISION) 23-D Block “W” Gulshan-e-Iqbal Rahimyar Khan Tel. 068-5883800 ,5883900 Fax: 5883901 Acknowledgement I am gratified with the core of our heart to “Almighty God” who made it possible to complete this project lucratively. I am take this opportunity to full great pleasure to our teacher Mr. Umair Sajjad and our friend Mr. Aamir Farooq (MBA Marketing from Islamia University Bahawalpur), for their continuous encouragement support and lead toward the project. I would also like to highly acknowledge and appreciate Mr. Hashim Abbasi Sales Manager of Best Chemicals Corporation for his continuous assistance, personal attention, encouragement and support which made us more eligible to be confident about this project I am highly thankful to Mr. Sultan Malik (Franchiser of the Best Chemicals Corporation in Rahim Yar khan) for providing useful information about the product and its market impact. [pic] Page No...
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...SUBMITTED BY: Table of Contents 1.0 Company Profile 3 1.2 Industry Anaysis: 4 Macroenvironment for FMCG industry: 6 Structural Analysis: 6 Design and Manufacturing: 6 Distribution and Marketing: 7 1.2 Area of Research 8 1.3 Why This Area of Research? 9 1.4 Problem Statement 10 1.5 Purpose 11 1.5 Methodology 11 1.6 Brief Outline of the Study 12 1.0 Company Profile Haleeb foods came in to existence in the year 1986 by producing the first product labelled as Haleeb Milk. Ever since its beginning Haleeb Foods has been producing quality products for its consumers. Haleeb as a company has not merely been concentrating on the product itself but they have been engaged in making efforts to bring out innovative and creative packaging for the products that they offer. Haleeb foods have undergone numerous ventures in their 27 years of existence. To enlighten the achievements for Haleeb foods we can highlight the product launches that they have been making occasionally to fully capture the market and to satisfy the evolving needs and preferences of the consumers of Pakistan. Taking forward from what they produced first, in the year 1997, Haleeb foods produced Haleeb Asli Desi Ghee, followed by Haleeb Cream and Candia Skims Milk Powder in the year 1998, followed by Candia Skims Milk Liquid Powder. The above stated examples depict how Haleeb Foods...
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