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POLITICAL AND LEGAL FORCES

IMPACTING ON BANGLADESHI BUSINESS

Presented by:
Md. Asheque Hossain(082072530)
M. Ziaul Hoque(082076030)
Rafia Nabila(082189030)

Section- 5, Group# 3
Introduction

Political and legal forces are law frames that an


organization can or cannot perform. These political and
legal forces have a dramatic impact on every business
that operates. In the remaining phase of the assignment
we look into some of the industries in Bangladesh and
how these forces are impacting such industries.
Real Estate Industry
Impacts:
 Must obtain registration
from the authorities
concerned.
 Project designs should be
approved.
 Tax has been imposed on
complementary goods.
 Lack of initiative by not
financing.
 Lack of monitoring which
leads consumers to
purchase in unfair prices.
 Corruption rate in these

organizations is very high.


 Filling low lands
forcefully.
 Take over lands
forcefully.
 Extortion rate is high in
these organizations.
Telecommunication Industry
Impacts:
 There have been minor corruptions in
the telecom industry according 2 the
report of Transparency international
Bangladesh but still it has had a
negative impact on the entire telecom
industry as a whole.
 The regulatory body of the telecom
sector is government influenced and
as such there are increased fees, less
competition, high costs and low quality
service.
 Government regulations do not
allow telecom companies to
reduce call rates according to their
desires.
 Strict labor laws set by the govt.
make it difficult for these industries
to handle their labor department.
 Payments such as bribes might
have to be made to govt. officials
in order to implement certain
changes in the industry.
 The Bangladesh govt. has made
VOIP illegal so that they can
monitor international calls through
their own channels and gain more
from the telecom providers.
 The Bangladesh Govt. is also not
allowing new firms to invest in this
sector and as such they are
preventing more potential
competition.
The Garment Industry
 The inactions of the Govt.
of Bangladesh has
allowed massive violence
in this sector.
 Govt. intervention in this
sector is very noticeable.
 Strict Labor laws set up
by the govt. makes it
difficult to operate.
 Since there are no trade
unions in the RMG
sector, workers are often
given shelter and
guidance by political
parties indirectly.
 The local political leaders
get the opportunity to
make influence and
pressure on Employers.
 Export is hampered due
to severe corruption at
sea ports.
 Due to incorporation by
government official
problems are seen in
introducing new
products.
Acknowledgements
 www.google.com
 www.wikipedia.com
 Text book.

THANK YOU.

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