The effects of the increase in the dollar rate on Bangladesh's RMG industry

Abstract

The three-month internship program at Chargeurs PCC, Fashion Technology (Etacol Bangladesh Limited), that I successfully finished is the basis for the report I'm presenting here. Under the department of sales and marketing. As a requirement of my BBA program at the Department of BRAC Business School, BRAC University, from October 1, 2022, to December 31, 2022. Here my research topic was to find out the changes in sales division after the acceleration of dollar rate in global market. Every hour I spent in sales and marketing provided me experience that cannot be adequately described in words because I was absolutely fresh to the real world of the corporate world. Here, I conducted both primary and secondary research. This report explains how a sales department operates, potential divisions and work distribution in sales and marketing, how to present samples and guarantee an order, how to complete a Letter of Credit, how to resolve customer issues and develop initiatives, how to keep sales ongoing and meet the monthly target, how to control factory production, the environment, delivery, and how to take the lead on other issues are all covered. Most importantly the effects of the inclined dollar rate in RMG sector of Bangladesh. Because this company this directly related to the RMG sector as it supplies the raw material of making garment products. Moreover, my research topic will be on “The Impact of change in dollar rate in RMG sector of Bangladesh.” Thus, some of the information that is essential for the future implementation of Sales is starting to be identified in this report. To aid in the system's early sales stages, it is launched with an emphasis on the system's users. It covers the various client information kinds, the categorization of sales volume data, and the fundamental ideas of payment procedures and associated security. Here, my findings and analysis would be the changes in our company after the increment of dollar rate. As we take orders through LC, FDD, TT. And the mother currency is the dollar. Here I made some primary and secondary research. I followed the qualitative & quantitative research both for better survey feedback.