5. Dell Computer Corporation a successful name in theDell Computer Corporation a successful name in the
competitive Business world, was founded by Michaelcompetitive Business world, was founded by Michael
Dell at the age of 19 in United States of America.Dell at the age of 19 in United States of America.
Though he took $1000 of his personal savings andThough he took $1000 of his personal savings and
started his firm he had no formal sense of business.started his firm he had no formal sense of business.
At the first stage of business he sold and advertisedAt the first stage of business he sold and advertised
directly to the customers. His main mission was todirectly to the customers. His main mission was to
design and make his own Dell machine but not todesign and make his own Dell machine but not to
clone IBMs. Dell’s creative thinking, hard workingclone IBMs. Dell’s creative thinking, hard working
capability and good observation make Dellcapability and good observation make Dell
Corporation a successful business. Now it employsCorporation a successful business. Now it employs
about $300 million ofabout $300 million of
OVERVIEW
6. Problem Statement
Statement 1
How does an entrepreneur
like Michael Dell view profit?
from the point of view of an
economist or from a business
perspective ? Explain.
Statement 2
How can competition alter the
plans of successful business
leaders such as Michael dell?
7. Problem Statement
Statement 3
What characteristics of the Free enterprise system
permitted Michael Dell to start and operate his
business?
8. OVERVIEWOVERVIEW
He was voted “ The Entrepreneur of the year” in January 1990 by
Inc. Magazine .He exemplified the betterment and the scope
of free Enterprise. So far so good it has been a tremendous
beginning for Dell computers in the competitive Business world.
Personal computers and accessories annually. His successful
attainment in the business world.
9. Other formalities & Documents (cont.)
Import of Pharmaceutical raw & packing materials is subject to
approval by the Director of Drugs Administration, Government
of Bangladesh.
Quarantine restrictions apply in case of import of live animal,
plants & plant products.
Sanitary certificate is required for all livestock & plants & plant
Products certifying that they are free of injurious insects, pests
& diseases.
10. A fumigation certificate must accompany used clothing.
Straw or hay used in packing must be certified to be free of
insects & disease.
Imports of iron & steel require a producer’s certificate.
Other formalities & Documents
12. Solution#1Solution#1
Business Profit: Business profit is calculated by subtractingBusiness Profit: Business profit is calculated by subtracting
All costs, includingAll costs, including
13. Customs clearance hours are from 9 to 17,Sunday to
Thursday.
The shipper, the recipient or third party may pay duty or tax.
Partial clearance of shipments is not allowed.
Customs reserves the right to declare any shipment to be
undervalued.
No claim will be accepted after 30 days from arrival.
Clearance must occur at Dhaka Airport.
Shipment valued over US$100 and weighing more than 5 kg
will required formal clearance and will take two to four days.
Bangladesh Import Clearance processBangladesh Import Clearance process
14. For shipping documents, an Air Waybill & Master WaybillFor shipping documents, an Air Waybill & Master Waybill
are required.are required.
To send a gift shipment, an Air Waybill, commercial invoiceTo send a gift shipment, an Air Waybill, commercial invoice
& authorization of the consignee required.& authorization of the consignee required.
For shipping samples, an Air & Master Air Waybill, aFor shipping samples, an Air & Master Air Waybill, a
commercial invoice & a copy of VAT registration are required.commercial invoice & a copy of VAT registration are required.
Required DocumentationRequired Documentation
15. Judiciary is now separated and allowed full autonomy.
Inflation rate decrease.
Remittance flow increase.
Special stimulus package .
Subsidy increase
Infrastructure development
Price reduction of fertilizers
Agri-card distribution
Sufficient hoard of food grains
OMS Project
Record amount of Boro rice collection
Present status of good governance inPresent status of good governance in
BangladeshBangladesh
16. Trial of the war crimes in 1971 has been commenced
System loss in power sector has been reduced to 15.38%.
8 crore books have been delivered to primary students at the beginning of 2010.
Govt is pledge-bound to enroll all children in school by 2011 and
to eliminate illiteracy fully by 2014
River bank erosion, navigability increase and flood controlling
Four lane system in the Dhaka-Ctg highway
Primary steps are taken to construct Padma Multipurpose Bridge
Building “Digital Bangladesh”
Increasing investment
Present status of good governance inPresent status of good governance in
BangladeshBangladesh
18. Responsibilities of NBR
Collection of domestic revenue (primarilyCollection of domestic revenue (primarily,, Import Duties andImport Duties and
Taxes, VAT and Income Tax ) for the government.Taxes, VAT and Income Tax ) for the government.
Administration of all matters related to taxes, duties and otherAdministration of all matters related to taxes, duties and other
Tax producing fees.Tax producing fees.
Under the overall control of IRD, NBR administers the Excise,Under the overall control of IRD, NBR administers the Excise,
VAT, Customs and Income-Tax services consisting of 3434VAT, Customs and Income-Tax services consisting of 3434
officers of various grades and 10195 supporting staff positionsofficers of various grades and 10195 supporting staff positions
(Approved set up as on 09 Feb., 2000 AD).(Approved set up as on 09 Feb., 2000 AD).
19. Customs
Customs wing is primarily responsible for collection of all duties and
taxes at the import stage. Apart from collection of government
revenue it is also responsible for trade facilitation, enforcement of
government regulations, protection of society and environmental
protection, preparation of foreign trade statistics, trade compliance
and protection of cultural heritage.
20. Capital machinery;Capital machinery;
Raw materials of Medicine;Raw materials of Medicine;
Poultry Medicine, Feed & machinery;Poultry Medicine, Feed & machinery;
Defense stores;Defense stores;
Chemicals of leather and leather goods;Chemicals of leather and leather goods;
Private power generation unit;Private power generation unit;
Textile raw materials and machinery;Textile raw materials and machinery;
Solar power equipmentSolar power equipment
Relief goods;Relief goods;
Exemptions from Customs DutyExemptions from Customs Duty
21. Functions of Bangladesh Standards &Functions of Bangladesh Standards &
Testing Institution (BSTI)Testing Institution (BSTI)
(a)To set up Bangladesh Standards of quality and dimensions
and prepare and promote the general adoption of standards on
national and international basis relating to materials, commodities,
structures, practices and operations and, from time to time, to
withdraw, revise, alter and amend the same;
(b) To consider and recommend to the Government Bangladesh
Standards for the measurement of length, weight mass,
volume, and, energy;
(c) To promote standardization, quality control, metrology and
simplification in industry and commerce;
22. (d) To secure compliance with the Bangladesh Standards adopted
by the Institution by the producers and users;
(e) To implement Bangladesh Standards through the administration
of a national certification mark scheme or inspection of goods
or both;
(f) To certify the quality of commodities, materials, produces,
products and other things including food materials, whether for
local consumption, export or import;
(g) To undertake execution of any trust or any agency business
which it may consider conducive to the attainment of, its
objectives
Functions of Bangladesh Standards &Functions of Bangladesh Standards &
Testing Institution (BSTI)Testing Institution (BSTI)