Macroeconomics

Name : H.M.Mohiuddin Hamid ID : 0930147030 MGT 372.9 Journal#4 Honda teams up with BSEC to assemble bikes aestival Honda Motor of lacquer and Bangladesh Steel and Engineering Corporation (BSEC) entered a joint sham to assemble rides for the local market. The name of the bracing-fashioned keep guild is Bangladesh Honda private Ltd. With the completion of the signing of the joint contingency discernment, Honda and BSEC willing straightaway work toward the pass onment of the new motorcycle occupation and gross sales joint venture company with financial shareholding of 70% by Honda and 30% by BSEC. Since 1972, Honda motorcycle fruit and wholesales functions have remained on a let outer floor a technical collaboration agreement with Atlas Bangladesh Ltd., a BSEC subsidiary. When the new joint venture company be gins public presentations, it will establish an operation with integrated production and sales functions under the staple Honda polity of start small, grow big Decision In 27 September, 2012 Honda Motor Co., Ltd.

signed a joint venture agreement with Bangladesh Steel and Engineering Corporation (BSEC) to establish a motorcycle production and sales joint venture company, to confront Honda products with speed, affordability and low CO2 emissions and enhance customer satisfaction and skill in Bangladesh where further market expansion is expected. According to Yoichi Mizutani, a four-in-hand at Honda Motor Co in Tokyo, The new company wi ll start assembling motorcycles at a charte! red factory in Gazipur employing a total of cytosine mountain by the yearend. So this will create workplace for Bangladeshi people. Competition Further Honda is planning to change the assembling skill into complete motorcycle manufacturing facility within four old age of commencement of operation Honda revealed that 180,000 units of motorcycles were sold in 2011 in Bangladesh, communicate a 11% rise when compared to the earlier year....If you want to illuminate a full essay, order it on our website: BestEssayCheap.com

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