Managing Business During Global Economic Crisis: The Case Of Global Gadget Limited, Bangladesh

Mohammad Atiqul Basher, Shahadat Hossain Dipto, Mizanur Rahman

Informasi Dasar

4 kali
24.10.003
658
Case Studies
16 A

This case study is the story of Global Gadget Limited, a premium retailer of cell phones and other relevant devises, which is located in Dhaka, the capital city of Bangladesh. The story is revolving around the challenge that Mr Shahadat Hossain Dipto, the owner of Global Gadget is facing over the past two years. Dipto mainly runs his business by selling budget phones from brands like Oppo, Xiaomi, Samsung and Vivo to the middle class and lower middle-class people of Bangladesh, who are very much cost conscious. To persuade these customers to buy his phones, he offers discounts, free gifts, equated monthly instalment services (a monthly instalment plan for the customers who cannot afford to pay the full amount when buying the phone) and sometimes even lottery. In the process, if he can sell more phones, these brands reward him with attractive commissions and all the necessary supports that help him run the business with marginal profit. However, due to the Russia–Ukraine war, he is now in crisis as the resulting economic crisis is causing a price increase on these phones, while drying out his customer’s pockets. This case study is designed to teach the students the importance of product segmentation, inventory management, cost management and relationship management to the students and future entrepreneur, so that they can understand, what does it take for an entrepreneur to survive an economic crisis.

Subjek

BUSINESS MANAGEMENT
 

Katalog

Managing Business During Global Economic Crisis: The Case Of Global Gadget Limited, Bangladesh
ISSN: 2045-0621
11p.: pdf file.; 2 MB
English

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Pengarang

Mohammad Atiqul Basher, Shahadat Hossain Dipto, Mizanur Rahman
Perorangan
 
 

Penerbit

Emerald
New York
2024

Koleksi

Kompetensi

 

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