Competitiveness of Bangladeshi Ready Made Garments Industry in global Market
Md Kamal Hossain
Core objective of this paper is to prepare a model on competitiveness for garments sector of Bangladesh by using the theory of Porters domestic competitive advantage. This study also shows how this industry can sustain as a part of a global competitive marketplace by using various internal elements of competitive advantage. Depending on the significant research characteristics qualitative method has been used as a research method for this study. 22 personnel were interviewed who were closely related with this industry over cell phone to collect large part of secondary data. This paper will provide necessary evidence on how internal elements can be helpful for apparel sector becomes more competitive towards global garments trade. This paper also will help the management to find more other important factors that can help this sector to remain competitive at global trade. Moreover it also can help responsible government body by realizing all problems or possibilities exists in this industry and practice appropriate approach in the development of the garments industry of Bangladesh.
Keywords: Bangladesh, competitiveness, readymade garments, Michael Porter’s model, internal competitive advantage.
|Title:||Competitiveness of Bangladeshi Ready Made Garments Industry in global Market|
Md Kamal Hossain
|Journal Name:||International Journal of Science and Business|
|ISSN:||ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)|
|Date of Publication:||30/05/2020|
|Paper Type:||Research Paper|
Cite This Article:
Md Kamal Hossain (2020). Competitiveness of Bangladeshi Ready Made Garments Industry in global Market. International Journal of Science and Business, 4(6), 1-18. doi: https://doi.org/10.5281/zenodo.3865899
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About Author (s)
Md Kamal Hossain, Masters of Economics, University of International Business and Economics (UIBE), China.