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Management Practice in Usa, Japan, China, Germany and Bangladesh.

In: Business and Management

Submitted By naiem
Words 3670
Pages 15
Management practice around the globe has a lot diversities because of the presence of different social, economic, political and legal and tax systems. After independence the industrial enterprises of this country were initially brought under the control of the government. Very soon it was realized that the nationalized sector was not performing as desired because of unsuccessful management practice. Since then the country has been going through denationalization process. And then every type of concepts and theories of different countries has been practicing in our country. But it is very difficult to say which type of management practice should be applicable for our country. This paper is just an attempt to analyze the different types of management practice especially in U.S.A., Japan, Germany and China in the context of Bangladeshi management practices on the basis of the basic functions of management. As per the findings, management practice in Bangladesh is not being dominated by any specific country's management practice. This paper will describe what types of management practice are made in those countries with respect to socio-cultural or environmental circumstances and other legal and govt. policies.

Why will we analyze and/or study Management Practices among the countries?
The concept of comparative management has become more important in recent years because of the growing influence of multinational companies and global corporation. MNCs are businesses that exercise strategic control over production and marketing facilities in two or more countries. Global Corporation goes beyond MNCs by designing, making and selling goods anywhere on the planet.
The world is becoming smaller. More and more firms are getting involved in international business as never before and these firms are trying to know the social, cultural and political…...

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