Prospects of establishing a new garments factory in Khulna city of Bangladesh
Introduction
Establishing a company needs a lot of requirements to fulfill and needs a lot of research to be able to know whether the firm will be able to maintain its status or not. . In addition, a number of factors must first be considered so as to adapt the establishment to current market and business trends. Thus, a feasibility report must first be done so as to assess the potentials of the project to succeed and to last. In this feasibility report, the project on a establishing a new garment factory will be assessed based on the business environment. Moreover, the problems that could possibly be encountered during the construction process as well as how these challenges can be resolved will be included One of the most important thing to consider when establishing a new firm or new garments factory is to consider a study regarding the place that you wil locate your business. The main goal of this propose study is to identify the whether Khulna City in Bangladesh. In addition, it also aims to determine the ways in which the garment factory can use to overcome the challenges they are facing in the global market This part of the research study provides the analysis on analysing the capabilities of this city to hold a garment factory.
Accordingly, Khulna city is far from capital of Bangladesh and majority of the garments factories have been established in Dhaka and Chittagong. Khulna City has been described to have a very cheap labour and good transportation port. The land value of the city is also relatively low which makes it conducive to different industry.
Statement of the Research Problem
This researcher finds the necessity for a study that specifically tackles the prospects of establishing a new garment factory in Khulna City in Bangladesh. This study also intends to explore the factors to be considered in garment factory in relation to the immediate resources of the city and its capabilities. Therefore this study attempts to answer the primary query:
1. What are the positive and negative factors in Khulna City in Bangladesh in connection to establishing a garment factory?
2. What are the strength and weaknesses of the Khulna City?
3. How can Khulna City provide the needs of the garment factory to have smooth and efficient operations?
Research Methodology
Basically, this study, as a whole, can be classified as a descriptive research, whose objective is to portray an accurate profile of persons, events or situations, and may be an extension or a forerunner to a piece of exploratory research, a research that tries to establish causal relationship between variables. (Robson, 2002; Saunders et al, 2003) Accordingly, with the descriptive research, it is necessary to have a clear picture of the phenomena on which a researcher wishes to collect data prior to the collection of the data. (Saunders et al, 2003)
Further, even if many project tutors are often wary or work that is too descriptive, and they will want a researcher to go further and draw conclusions from the data gathered, description in management and business research has a very clear place, although, it should not be thought of as an end in itself, but only as a means to an end. (Saunders et al, 2003).
The research described in this document is based solely on qualitative research methods. This permits a flexible and iterative approach. During data gathering the choice and design of methods are constantly modified, based on ongoing analysis. This allows investigation of important new issues and questions as they arise, and allows the investigators to drop unproductive areas of research from the original research plan.
During data gathering the choice and design of methods are constantly modified, based on ongoing analysis. This allows investigation of important new issues and questions as they arise, and allows the investigators to drop unproductive areas of research from the original research plan. Qualitative models are more able than traditional models to express states of incomplete knowledge about continuous mechanisms (Benjamin, 1994). Qualitative simulation guarantees to find all possible behaviors consistent with the knowledge in the model. This expressive power and coverage are important in problem solving for diagnosis, design, monitoring, and explanation
Reference
Creswell, J.W. (1994) Research design. Qualitative and quantitative approaches. Thousand Oaks, California: Sage.
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