Mgt321

General Instructions – PLEASE READ THEM CAREFULLY

· The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

· Assignments submitted through email will not be accepted.

· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

· Students must mention question number clearly in their answer.

· Late submission will NOT be accepted.

· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

· Submissions without this cover page will NOT be accepted

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Learning Outcomes:

1. Analyze the effects of culture, politics and economic systems in the context of international business (Lo 2.1)

2. Explain the forces driving and evaluating the impact of globalization (Lo 1.3)

3. Carryout effective self-evaluation through discussing economic systems in the international business context

Case study

Please read Case 3: “Economic Development in Bangladesh” available in your e-book (International business: Competing in the global marketplace (13th ed.), at page no.629, and answer the following questions:

Assignment Question(s)

1. What were the principal reasons for the economic stagnation of Bangladesh after its war for independence? (marks: 2)

2. Explain how the liberalization program in the 1990s enabled Bangladesh to start climbing the ladder of economic progress. What are the main lessons here that can be applied to economic development in other nations? (marks: 4)

Bangladesh is dependent for its prosperity upon agriculture and textile exports. What are the risks here? How might Bangladesh diversify its industrial and commercial base?  (marks: 4)