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Home BANGLADESH VENTURE CAPITAL NEWS

The Friction Of International Business Solves Its Own Problems Best Without Intervention

by 198bangladeshnews_22i2qo
January 22, 2022
in BANGLADESH VENTURE CAPITAL NEWS
Reading Time: 2 mins read
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As I examine world affairs and skim via the worldwide and enterprise information I see errors being made by many diplomats of many countries – issues which trigger friction in our world provide chain. These wheels want greasing, no more laws or compelled tariffs and boundaries. If cash is allowed to stream with out restrictions within the world financial system, with out manipulation or interference resulting from disputes or human battle – we are able to have a a lot safer world with out all these wars and warfare posturing. Okay so, let’s discuss some worldwide enterprise points which have flown throughout my radar display screen not too long ago.

1. Final 12 months North Korea stopped a manufacturing unit in a impartial industrial zone alongside the border of South Korea – a shoe manufacturing unit making shiny coloured tennis footwear for exports. With the shoe manufacturing unit closed the availability and demand of the market was unbalanced inflicting a rise in shoe prices.

2. Bangladesh manufacturing unit hearth that killed all these individuals in Mid-2013 triggered everybody to criticize American Corporations which might inevitably purchase these merchandise via distributors or the parts for merchandise within the competed merchandise from licensed distributors – so many US firms halted shopping for something from Bangladesh till that authorities made new requirements and enforced them. However as unhealthy because the circumstances are those that have these jobs really feel “lucky” to have them, as they’re good jobs and feed their household – now many out of labor.

3. In a few of the shoe factories in some Asian nations the employees can not afford to even purchase the footwear they make, so one US retailer is now gifting away a pair in that nation for each pair somebody within the US buys at retail; $60.00 right here, they make them for $1.45 price there. However the PR is properly obtained as a result of the US desires to assist out.

4. Shoe Drives within the US after Haiti Earthquake despatched over practically one million pairs of footwear, greater than they wanted. This was simple as a result of the typical American has 10 pairs of footwear, now all these non-needed footwear are dumped within the landfill which is already overflowing, and many individuals are attempting to promote one of the best ones at little shoe stands – mainly free-inventory.

Though that fourth one wasn’t a enterprise problem, it exhibits how misinterpretation and poor data or what is going on on can result in unintended penalties regardless of how good the intentions had been on the onset. Maybe you may contemplate all this stuff, as examples of the place all of us have to work tougher at permitting worldwide enterprise commerce to work issues out with out including sound and fury to the friction of the human endeavor.

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Source by Lance Winslow

Tags: bangladesh bank mergerbangladesh merger controlbangladesh venture capitalbangladesh venture capitalistsbusinessfranchises in bangladeshFrictionInternationalInterventionmergers and acquisitions in bangladeshProblemsSolves
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