SWOT Analysis for the Analysis of RMG Industry in Bangladesh
SWOT Analysis for the Analysis of RMG Industry in Bangladesh By SWOT (Strength, Weakness, Opportunity & Threat) we can analyze the Problems & Prospects of RGM industry. Strength: >>Bangladesh offers cheapest labour among RMG producing countries. >>It has a Compact, Organized & Favorable infra-structure. >>It has lots of Pre-export Financing institutions for assistance. >>Management appears to be very dynamic & capable of improved performance. >>There are various associations like BGMEA, BKMEA, BEPZA etc. to build the strong collaboration with various related organizations. Weakness: >>Limitations for some modern machinery in some specific sectors. >>Lack in establishing large companies to attract buyers directly. >>Lack of high skilled labour. >>Limitation of technical know-how. >>Limitation in Producing Raw Materials. >>Political unrest situation, which making buyers step back