Finance

BIMSTEC and it’s Objectives

BIMSTEC and it’s Objectives

BIMSTEC The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, (BIMSTEC) is a regional organization comprising seven Member States lying in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity. This sub-regional organization ca.....

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Contribution of Export Processing Zones (EPZ) to the Economy

Contribution of Export Processing Zones (EPZ) to the Economy

Export processing zones, EPZs are created as open market oases within an economy that is dominated by distortionary trade, macro, and exchange rate regulations, and other regulatory governmental controls. Traditionally, there are some important views on the role of EPZs in an economy. Evaluate th.....

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Common Objectives of Bangladesh Standards and Testing Institution

Common Objectives of Bangladesh Standards and Testing Institution

Bangladesh Standards and Testing Institution (BSTI), the only National Standards body of Bangladesh, is playing an important role in developing and promoting industrial Standardization. Keeping in view that Standardization, metrology, testing and quality control in the industrial spheres are the .....

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Bangladesh Standards and Testing Institution (BSTI)

Bangladesh Standards and Testing Institution (BSTI)

Bangladesh Standards and Testing Institution (BSTI), the only National Standards body of Bangladesh, is playing an important role in developing and promoting industrial Standardization. Keeping in view that Standardization, metrology, testing and quality control in the industrial spheres are the .....

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Export Promotion Bureau (EPB)

Export Promotion Bureau (EPB)

Export Promotion Bureau (EPB) is a government agency of Bangladesh under the ministry of commerce, entrusted with the responsibilities of promoting export of the country. It was established in 1978. Actually, EPB is a semi-autonomous organization under the ministry of commerce of Bangladesh. The.....

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Objectives of setting up of EPZ

Objectives of setting up of EPZ

Export Processing Zone (EPZ) special industrial park developed in response to international market demand for cheaper goods. EPZ is industrial enclaves which are formed in an international custom territory of a country (usually situated near an airport or seaport). The manifest objectives of EPZs.....

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Evaluate the Performance of EPZ to the Economy

Evaluate the Performance of EPZ to the Economy

The Export processing zone (EPZ) has been playing a vital role in Bangladesh economy after 1990 although for the first time it was established in the year 1983. EPZ has turned out to be a widely used instrument of export expansion and outward orientation by developing countries. In Bangladesh, it.....

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Objectives and Facilities of BEPZA

Objectives and Facilities of BEPZA

Objectives and Facilities of BEPZA The Bangladesh Export Processing Zones Authority is the official organs of the government to promote attract and facilitate foreign investment in the Export Processing Zones. It is an agency of the Government of Bangladesh and is administered out of the Prime Mi.....

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Factory Overhead Budget

Factory Overhead Budget

Factory Overhead Budget The overhead budget is an operational budget contained in the master budget of a business. Factory overhead is also known as manufacturing overhead. It is the aggregate of indirect expenses of the factory department. It has two sections, one for variable overhead costs and.....

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Direct Labor Cost Budget

Direct Labor Cost Budget

Direct Labor Cost Budget In order to convert direct materials into finished goods, you need direct labor. Labor cost budget is calculated on the basis of labor hours required for budgeted production volume and labor hour relate to each type of labor force. This allows management to anticipate hir.....

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Cash Budget and its Preparation

Cash Budget and its Preparation

Concept of Cash Budget and its Preparation A cash budget is a summary of the firm’s expected cash inflows and outflows over a projected time. It helps to ensure that your organization, division, or department will have the cash necessary to function throughout the budget period. In other w.....

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Concept of Make or Buy Decisions

Concept of Make or Buy Decisions

Concept of Make or Buy Decisions A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier. A firm may be manufacturing a product by itself. It may receive an offer from an outside supplier to supply that product. Similarly, a.....

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