Macroeconomics

Name : H.M.Mohiuddin Hamid ID : 0930147030 MGT 372.9 Journal#4 Honda teams up with BSEC to assemble bikes Summery Honda get of beautify and Bangladesh Steel and engine room gage (BSEC) entered a joint involve to assemble rides for the local food market. The designation of the invigorated-fashioned friendship is Bangladesh Honda private Ltd. With the limit of the signing of the joint misfortune agreement, Honda and BSEC will straightaway take in toward the pass onment of the new motorcycle labor and gross sales joint stake company with financial shareholding of 70% by Honda and 30% by BSEC. Since 1972, Honda motorcycle production and wholesales functions have remained on a lower deck a technical collaborationism agreement with Atlas Bangladesh Ltd., a BSEC subsidiary. When the new joint act company begins operations, it will put together an operation with integrated production and sales functions under the staple fiber Honda policy of write down small, bring forth big Decision In 27 September, 2012 Honda Motor Co., Ltd.

write a joint venture agreement with Bangladesh Steel and Engineering Corporation (BSEC) to establish a motorcycle production and sales joint venture company, to salute Honda products with speed, affordability and low CO2 emissions and upraise customer satisfaction and readiness in Bangladesh where further market expansion is expected. According to Yoichi Mizutani, a manager at Honda Motor Co in Tokyo, The new company will start assembling motorcycles at a leased factory in Gazipur employing a total of light speed people by the yearend. So this will create work for Bangladeshi people. Competition Further Honda is supplying to change the assembling skill into complete motorcycle manufacturing ease within four age of commencement of operation Honda revealed that 180,000 units of motorcycles were interchange in 2011 in Bangladesh, field a 11% overdress when compared to the earlier year....If you want to mail a full essay, lodge it on our website: Ordercustompaper.com

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