The Readiness of Banks in Knowledge Management: A Study of Thre e Private Commercial Banks in Bangladesh
Faculty of Business Administration, Department of Management, University of Chittagong, Bangladesh
- *Corresponding Author:
- Rashed MS
Assistant Professor, Faculty of Business Administration
Department of Management, University of Chittagong, Bangladesh
E-mail: [email protected]
Received: February 03, 2016 Accepted: March 31, 2016 Published: April 10, 2016
Citation: Rashed MS (2016) The Readiness of Banks in Knowledge Management: A Study of Three Private Commercial Banks in Bangladesh. J Bus Fin Aff 5:181. doi:10.4172/2167-0234.1000181
Copyright: © 2016 Rashed MS. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Doing business in and with China has become much easier than it was decades ago. But doing business does not guarantee that everyone will make money. China has embarked an unprecedented economic growth since its economic reforms (1978) three decades ago, rising to become the world's second largest economy today and will become largest by 2020. A new path under the 12th Five-Year plan (2011-2015) towards sustainable and balanced development, alongside a focus on boosting domestic consumption is opening new opportunities in china for continued industrial innovation and business expansion. China still holds a number of challenging areas for foreign investors. Beside the cultural and language challenge, business men might be faced foreign exchange restrictions, anti-trust laws, intellectual property rights and diversified people in all over china. China is also facing raw material shortages, lack of infrastructure, corruption in many sectors, growing income inequality, environment pollution and maintain stability in the society. Despite the challenges, many factors contribute to a positive business environment in China. Many gaps that exist in China provide opportunities for businesses to fill these gaps. In order to overcome many challenges, there are different forms of business might be opened by foreign investors in China like equity joint ventures, cooperative joint venture, wholly foreign owned enterprises, joint stock companies, foreign enterprises, branches of foreign enterprises and so on.