Bkash, Nagad and Rocket – New Rules from BB

NOTICE FROM BANGLADESH BANK FOR ALL MOBILE PHONE FINANCIAL SERVICES (MFS)

New Rules from BB for MFS: From now on, the customer’s money in Bkash, Nagad and Rocket will not be handed over. This means that mobile phone financial services (MFS) companies will not be able to use the money deposited as customers. This was stated in the policy titled ‘Trust Fund Management’ of Bangladesh Bank on Thursday (May 8, 2021). According to the policy, the institutions have to deposit the entire amount of the customer’s deposit in the bank as a ‘Trust Fund’. The amount deposited in this fund cannot be less than the amount deposited as MFS of the customer.

And the amount of e-money that MFS companies …

Marketing plan of Saffron Ice Cream

Marketing plan of Saffron Ice Cream:

Marketing is the set of activities that has an institution that processes, creates, communicates and delivers different offerings among its consumers, clients, partners, and society at large. Marketing also involves the activities by which an organization communicates and maintains a relationship with it is present and potential customers (Kotler, 2009). As I am working in The Saffron Ice Cream Company as a Junior Executive in the marketing department, I have to maintain good relations with its other functional units such as HR, Finance, Research, and Development, etc.

The main differences between B2B and B2C market is that B2B deals with business to business marketing abd B2C deals with Business to Consumer marketing. In …

Different Sources of Law

Business world is very challenging and complicated. So to stay with full preparation and maintain a business properly it is important to learn about business law. As a responsible citizen of any independent country knowing about law and regulations are the duties of people. If the citizens know about law properly from Different Sources of Law there less crime will take place (Abbott, Pendlebury and Wardman, 2013). The paper is focused on the discussion about different business organization, their formation, funding, dispute solving procedure and overall review of law and procedures and how they work. The paper is very beneficial to learn and understand the business law in a easy way with examples.

Explain different sources of law

There are …

Employability Skill

Self development and responsibility helps to increase the employability skill because self development is process of learning from various kinds of working module or working test in which a person has to involve in solving so many practical problems regarding Development of Employability Skill. Similarly, self responsibility is also a learning process that helps to increase work adaptability and create the habit of being responsible to finish a task from own responsibility.

Employability skill refers to the skill of an individual that could be played a vital role in job or employment sectors. The area of working with other people in a team, having good communication skill, being reliable and dependable in a team, and of course having …

Introduction

In the competitive business environment organisation needs to make the right decision for the organisation to get the competitive advantages. Management Accounting Systems gives the important and relevant business information to the organisation so that they can make the right financial decision. Managerial accounting helps organisation to formulate the business strategy and prepare the budget for the organisation (Copeland, 2000).

On the other hand financial accounting helps organisation to keep the data, record the information for future use. Financial accounting provide financial information and management accounting analyse the financial information to make the right decision.

In response to budget retargeting, both organizations have perception on different basis. If comparing with previous year, it is seen that organizational expenditures …

Factors L’Oreal would have considered before deciding to acquire Body Shop

Acquisition is the process of buying the share of any company fully or partly to get the control over that company to make business expansion. In that case, L’oreal acquire Body Shop it was facing controversies regarding the company reputation by L’Oreal and they realized that acquiring Body Shop will be an added advantage to overcome the reputation that was happened due to unethical business practice. Therefore, acquiring Body Shop will create a positive market image that they are going to follow the policies of Body Shop those are not unethical.

The following points are the core factors that L’Oreal would have considered before acquiring Body Shop:

Buying Out …

CIRCLE OF BUSINESS