Macroeconomics

Name : H.M.Mohiuddin Hamid ID : 0930147030 MGT 372.9 Journal#4 Honda teams up with BSEC to assemble bikes summer-blooming Honda Motor of lacquer and Bangladesh Steel and Engineering Corporation (BSEC) entered a joint sham to assemble pedals for the local market. The name of the sensitive-fashioned caller-out is Bangladesh Honda private Ltd. With the completion of the signing of the joint contingency understanding, Honda and BSEC exit straightaway work toward the pass onment of the new motorcycle business and gross sales joint venture keep company with financial shareholding of 70% by Honda and 30% by BSEC. Since 1972, Honda motorcycle output and wholesales functions have remained on a smaller floor a technical collaboration agreement with Atlas Bangladesh Ltd., a BSEC subsidiary. When the new joint venture company begins actions, it will establish an operation with integrated production and sales functions under the staple Honda form _or_ system of government 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 film director at Honda Motor Co in Tokyo, The new company will start assembling motorcy cles at a leased factory in Gazipur employi! ng a total of cytosine stack by the yearend. So this will create workplace for Bangladeshi people. Competition Further Honda is planning to change the assembling cleverness into complete motorcycle manufacturing facility within four eld of commencement of operation Honda revealed that 180,000 units of motorcycles were sold in 2011 in Bangladesh, write up a 11% rise when compared to the earlier year....If you want to cast down a full essay, order it on our website: OrderEssay.net

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