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 bicycles for the local market. The name of the young-fashioned fraternity is Bangladesh Honda private Ltd. With the completion of the signing of the joint contingency musical arrangement, Honda and BSEC provide straightaway work toward the pass onment of the new motorcycle exertion and gross sales joint venture fellowship with pecuniary shareholding of 70% by Honda and 30% by BSEC. Since 1972, Honda motorcycle exertion and wholesales functions have remained on a lowlyer floor a technical collaboration agreement with Atlas Bangladesh Ltd., a BSEC subsidiary. When the new joint venture company begins exercises, it will establish an operation with integrated production and sales functions under the staple Honda policy 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 handler at Honda Motor Co in Tokyo, The new company will start assembling motorcycles at a rent factory in Ga zipur employing a total of cytosine slew b! y the yearend. So this will create workplace for East Pakistani people. Competition Further Honda is planning to change the assembling cleverness into complete motorcycle manufacturing facility within four years of commencement of operation Honda revealed that 180,000 units of motorcycles were sold in 2011 in Bangladesh, get across a 11% rise when compared to the earlier year....If you want to light a full essay, order it on our website: OrderEssay.net

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