Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140104
Page No: 35-55, ISSN: 2221-2523
Shilpi Das, PhD1
Popy Rani Sarkar2
Abstract: COVID-19 has turned the dynamic normal life into a stagnant life by disseminating the fear of infection to all. It is a period of exigency. The main objective of this study is to explore different challenges that common people are envisaging to accept a new normal life. The paper has been prepared based on the survey of 250 respondents divided into three categories: students, job holders, and businessmen. Four questions mentioning several challenges, ways of outgrowing, recommendations for authority, and different opinions of the respondents have been added to the survey questionnaire, where ‘Challenges’ is an independent variable and ‘Accepting new normal life’ is a dependent variable. The study elicits that financial crisis, mental anxieties, frustration, technological adaptation, shortage and higher costs of transportation, and price hike are the common challenges for all. The findings of the study recommend that in this unpropitious period, authority should take appropriate initiatives to help common people get relief from several challenges and adapt to new normal life. Those initiatives will reduce the pernicious impact of COVID-19 on the common people and ultimately on the economy of Bangladesh.
Keywords: COVID-19, Challenges of COVID-19, New Normal Life, and Bangladesh.
1) Associate Professor, Department of Accounting & Information Systems, Jagannath University
2) MBA (Major in HRM), Department of Management, University of Dhaka
Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140103
Page No: 133-151, ISSN: 2221-2523
Sadia Sharmin1
Abstract: Over the past decade, the world has been heading towards the fourth industrial revolution, with many countries adopting the latest innovations and technological upgrades, which essentially are meant to meet the growing demands of consumers in every sector of an economy. The research first reviewed the existing theories and concepts regarding IR4.0 and then utilized the “Industry 4.0 Readiness” model of Impulse Industry 4.0-Readiness of the Association of Germany’s Engineering Industry (Verband Deutscher Maschinen- und Anlagenbau) as the guiding framework for devising an original, suitable, readiness model to evaluate 135 RMG factories (big, medium and small) in Bangladesh. A mixed methodology approach is followed in the research, implying the utilization of both quantitative and qualitative tools. This exploratory research focused on how companies make use of technological tools and methodologies and how they are prepared to adopt the massive changes, brought forward by IR 4.0. Based on this study’s findings, apparel companies should focus more on using technologies such as AI, Sensors, ERP, SMV, GSD, Big Data, Cloud, M2M communication, etc. to boost Bangladesh’s global competitiveness. In addition, respondents believed that digital transformation could create a smart factory to optimize the manufacturing system, and it has a very substantial impact on industry 4.0. Furthermore, this exploratory study exposed that the apparel industries of Bangladesh are encountering major challenges in IR 4.0 strategy design and equipment organization to aid IR 4.0 demands. Keywords: Apparel industry, Bangladesh, Fourth Industrial Revolution, IR 4.0 readiness, Impulse Industry 4.0-Readiness, Verband Deutscher Maschinen- und Anlagenbau (VDMA)
1) DBA Fellow, Department of Management, and Joint Secretary to the Government of Bangladesh.
Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140106
Page No: 89-100, ISSN: 2221-2523
Razib Hossain1
Abstract: This paper aimed to explore the factors affecting entrepreneurship development in the online retailing business in Bangladesh. The study was conducted on a sample of 78 business owners who start and run online stores. It has used a quantitative research approach to discover the factors. According to the findings of this study, factors such as confidence, risk tolerance, and the need for independence are important but insufficient. The results show that the need for independence and confidence has a vigorous effect on starting businesses in the e-retailing sector. Other factors like risk tolerance, need for achievement, market economic trends, and attitude towards entrepreneurial behavior strongly affect the development of an entrepreneurial mindset in dot-com retailing in Bangladesh. The ability to make professional connections, gain family support, and gain entrepreneurial education have a few positive effects. E-retailers do not have adequate opportunities to access entrepreneurial education. The ability to build professional connections also needs to improve.
Keywords: Entrepreneurship, Independence, and Online Retailing Business.
1) Lecturer, Department of Management, Faculty of Business Studies, University of Dhaka.
Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140102
Page No: 23-34, ISSN: 2221-2523
Saira Banu1
Md. Mesbah Uddin, PhD2
Abstract: In today’s world, innovation is inevitable for the growth and survival of businesses, especially for the Small and Medium Enterprises (SMEs). This study steered to identify the factors which affect innovation of the SMEs. Here, Jute Diversified Products (JDP) industry is selected as a study area as this has emerged from the most traditional SME sector of Bangladesh. Five cases are introduced here to analyze the perceptions of the entrepreneurs regarding the motivating/ de-motivating factors in relation to innovation. The findings of the study suggest that knowledge factors, institutional factors, cost factors, market factors, legal factors, political factors, and social factors have negative impacts on innovation while some forms of administrative factors act differently in the context of Bangladeshi SMEs.
Keywords: Innovation, Small and Medium Enterprises (SMEs), Jute Diversified Products (JDP) Industry, Entrepreneurs’ Perceptions.
1) Associate Professor, Department of Management, University of Dhaka.
2) Associate Professor, Department of Management, University of Dhaka.
Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140108
Page No: 115-132, ISSN: 2221-2523
Md. Masud Rana1
Hasibur Rahman Abir2
Abstract
E-commerce, though a recent invention, is now growing significantly all over the world because of the easy availability of the internet and other technological advancements. Holding a positivist philosophy, this study intends to measure the impact of five independent variables, taken from literature, on the online buying behavior of Bangladeshi consumers. The Theory of Planned Behavior (TPB) and the Technology Acceptance Model (TAM) are two of the highly recognized theories used to explain purchase intention. Combining both theories, the study has taken five variables, including perceived behavioral control, perceived ease of use, attitude, perceived usefulness, and subjective norms to understand their impacts on the online buying decision of Bangladeshi consumers. After synthesizing existing literature, items have been developed to measure the impact validly and reliably. This study analyzes responses from 155 online consumers through an online questionnaire survey using the snowball sampling technique. This study finds that there are significant relationships among attitude, perceived ease of use, subjective norms, and perceived behavioral control with customer purchase intention. However, the study has not found any association between perceived usefulness and customers’ online purchase intention. Methodologically, this study extends the study of consumer purchase behavior through the PLS-SEM method. Practically, it points out the key dimensions that online marketers should focus on grasping the attention of their existing and potential customers.
Keywords: Consumer Purchase Intention, Online Purchase, TAM Model, Planned Behavior.
JEL Classification: D03, D18, D91, L2
1) Lecturer, Department of Business Studies, State University of Bangladesh.
2) Management Trainee Officer (MTO), Dhaka Bank Limited.
Nov 30, 2022 | Journal Current Issues
© DHAKA UNIVERSITY JOURNAL OF MANAGEMENT
Volume 14, No. 1, December 2022
DOI: https://doi.org/10.57240/DUJM140107
Page No: 101-113, ISSN: 2221-2523
Md. Khaled Bin Amir1
Abstract: This study endeavors to determine the determinants that have an influence on bank liquidity over the tenure from 2008 to 2018. To achieve this purpose, some internal and external factors are identified and divided into bank-specific and macroeconomic determinants, respectively. Bank liquidity is measured as a function of bank-specific and macroeconomic factors using prominent liquidity indicators such as current ratio. Using multiple regression analysis, the results show that return on assets, non-performing loan, debt to assets ratio, and capital adequacy ratio have a significant impact on bank liquidity. However, macroeconomic factors such as annual gross domestic product growth rate, annual inflation rate, and annual unemployment rate have no significant impact separately on bank liquidity, but they have a unified impact on bank liquidity as they are non-diversified factors. So, the bank management body should concern mostly with internal determinants than external factors to maintain liquidity balance. Because internal factors are controllable but macroeconomic factors are equally influential for every banking institution and, they are non-diversifiable in nature. So, the results suggest that concern return on assets, non-performing loan, debt to asset ratio, and capital adequacy ratio will help improve liquidity management.
Keywords: Bank Liquidity, Inflation, ROA, and GDP
1 Assistant Professor, Department of Banking and Insurance, University of Dhaka