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BBA Discussion Forum / Types of various economic system
« on: September 16, 2014, 02:06:19 PM »
Hello All,

Its great to be back after a long time.......

This post from me is for my young friends who are new in DIU forum and in the university level education as well.......... 

Here is I have to share with you all..
There are several basic questions that must be answered in order for an economy to run satisfactorily. The scarcity problem, for example, requires answers to basic questions, such as: what to produce, how to produce it, and who gets what is produced. An economic system is a way of answering these basic questions, and different economic systems answer them differently. Many different objectives may be seen as desirable for an economy, like efficiency, growth, liberty, and equality.
In a capitalist economic system (capitalism) production is carried out to maximize private profit, decisions regarding investment and the use of the means of production are determined by competing business owners in the marketplace; production takes place within the process of capital accumulation. The means of production are owned primarily by private enterprises and decisions regarding production and investment determined by private owners in capital markets. Capitalist systems range from laissez-faire, with minimal government regulation and state enterprise, to regulated and social market systems, with the stated aim of ensuring social justice and a more equitable distribution of wealth (see welfare state) or ameliorating market failures (see economic intervention).
In socialist economic system (socialism), production is carried out to directly satisfy economic demand by producing goods and services for use; decisions regarding the use of the means of production are adjusted to satisfy economic demand, investment (control over the surplus value) is carried out through a mechanism of inclusive collective decision-making. The means of production are either publicly owned, or are owned by the workers cooperatively. A socialist economic system that is based on the process of capital accumulation, but seeks to control or direct that process through state ownership or cooperative control to ensure stability, equality or expand decision-making power, are market socialist systems.
The basic and general economic systems are:
•   Market economy ("hands off" systems, such as Laissez-faire capitalism)
•   Mixed economy (a hybrid that blends some aspects of both market and planned economies)
•   Planned economy ("hands on" systems, such as state socialism or communism, also known as "command economy")
•   Traditional economy (a generic term for older economic systems)
•   Participatory economics (a system where the production and distribution of goods is guided by public participation)
•   Gift economy (where an exchange is made without any explicit agreement for immediate or future rewards)
•   Barter economy (where goods and services are directly exchanged for other goods or services)

BBA Discussion Forum / Business Networking as a course
« on: September 29, 2012, 08:30:39 PM »
When I was in my 6th semester I had the opportunity to take the organizational behavior course under our honorable Masum Iqbal sir. And sincerely speaking I loved it. If I have to name only one course that I enjoyed, I'd definately say OB. Now lets come to the point, in the course I learnt that effective managers do a lot of communication where successful managers do networking. Networking is an activity done among a 'syndicated' managers which pave opportunities for themselves (individuals and for the hailing business entity). For example, a marketing manager may take help from a sales manager for transportational facilities. Or when our teachers bring different resource persons for different seminars without compensation it's also networking. On the other hand these resource persons are also networking as their arrival is much more powerful integrated marketing communication than PR or advertising now a days, proved in several studies. But as a student of marketing, you've to know that everything is about internation with the other person, which could be either organizational or that person could be the consumer. But I see internal networking is much more complex than external ones. First you have to be a 'citizen' of the organization. Then you got to conjunct yourself with a 'group', increase your membership. And then make a somewhat 'clique' among themselves so that you may be part of a huge section of influentials.
So to call a spade a bloody shovel, I think business networking is a very crucial matter which is very much related with the current business interactions. And I think that it should be introduced as a core course in the syllabus since even in our varsity most of the students are naive and fail to understand complexity and fell to different 'traps' set by some cunning people. Thus we will be able to relate with true corporate world still away from that. Again I am asking apology if my words have hurt any and I know that I should have researched a lot before posting but I felt like letting people have a glimpse of what it should be like in very easy terms. And I cordially ask the authority to render some attention in this regard.     

BBA Discussion Forum / writing CDs in large scale
« on: June 15, 2012, 05:45:24 PM »
Its urgent so Pls can anyone tell me how large scale producers of educative CDs (math guru, english guru) write (burn) CDs? I wanna know what types of machines they use for writing those and if possible what type of software could be used in putting visual graphicals at those. And if you know anything more than that PLEASE feel free to let me know that. PLEASE........ 

We have come to know that Bangladesh has found oil in the northeastern shylet region from two fields which is about 153 million barrels. It certainly is a big achievement for us. But i think it brings some bads too.
Firstly, we are a developing country. To call a spade a shovel, BD has been dependened in economic affairs to different organizations and other countries, thus making it accountable towards them. So for this dependency reason they want & 'take' advantage of the resources we have. E.g- one of the agendas of Hillary Clinton visiting bangladesh, is to have an access to our ports and stuffs so that bangladesh'd be a 'military barrack' for US.
So as this is a tempting field of interest, the production of this new found mineral resource'll be greatly influenced by US and our other 'friends'. Other than that, I think political movements and strategies will also be influenced by this discovery, some would be to inspire the people (and hopefully be implemented) for the development of the nation, and some'd be for 'taking blessing' from our 'friends'.
Secondly, if we see this from an economic point of view, if any external or internal hinderance doesnt appear, we might see a somewhat strange scenario called "Dutch decease". It's an economic problem caused by sudden boom in the oil industry which results in decreasing backward linkage or less productivity in  other industries since it'd be cheap to import stuffs rather than producing them. Again this may cause even higher inflation at subsequent times.
Finally, again the political and governmental consequences arise. If the external and internal 'problems' dont arise, BD gets more oil resources and the goverments become oil funded; less accountability and much more corruption is about to rise its head. More than that problems may arise if the industry is headed by privatized corps. (could be also direct ownership corps. too), which may be unjust. Ironically, if it's nationalized then again the same problem will arise which made the country 'achieve' a hattrick. Other than that, civil wars for revenues have been seen ignited by oil.
Lastly, the majority of the working class people of the country depends on RMG industry for livelihood, specially women. So if oil industry grows then as said earlier, a lack of backward linkage may appear which will cause a lack of emphasis on the sector thus retrenchment'd be knocking the door.             

Yesterday Facebook went 'public'. The estimated 104 billion company priced its shares $38 a piece and was expected yesterday that due to the boom the company could be priced 140 billion at the end of the day, which was quite attained.
But I dont want to reflect the light on the present stats. and market trends about FB. When i first saw this 'FB going public' news on BBC, i thought (like a stupid) why people would be wanting to invest on FB? Or if i modify my question, how does FB generate revenue? Within a minute i remembered the advertises i use to see in the site. And recognized the fact that people would be wanting to invest on FB as FB ensures its shareholders thru its increasing account holders that, the advertisers will be attracted by their huge followings and FB will gain even more advertisements thus they'll get advertisement revenue at SPV (see per view) basis and hereby they (shareholders) will get their return (dividend). And as we know, FB is very intelligent in segmenting. E.g- if you have and write at the interest link that you take interest on psychology, they will advertise you books on this regard. But this advertising isn't the only source FB generates revenue. FB also has applications which helps in generating revenue. The most famous example could be 'farmville', Zynga's game which uses FB as its platform generate revenues from 'traffics' from FB players. Thus facebook gets a 'fee' for letting them use the platform.
But now although mark zukenburg has majority amount of equity of the company, he has to answer the shareholders, who'd constantly pressure for more revenues. So under this circumstances we might be able to see some advertising or other revenue oriented stuff for mobile users of FB, since more than 15% of the FB users use FB on mobile. Other than that FB may now more be developing 'intellectual properties' rather than socializing & fun stuff. For this FB may follow tweeter since tweeter generates revenue by selling the trending topics & tweets to goggle & other search engines. Other than that by this way, they also 'nest up' new tweeters, who were not previously signed in.
But my concern is still with shareholders attainment. Zuckenburg or FB counts their revenue by their advertisement (which is quite unusual from other listed companies) and shareholders count by EPS (earning per share). So as FB brag about their subsequent increase of advertisement over 3 years, it'd be interesting to see how this revenue generating source may increase revenue in one single year.
So yet i'm still confused how an 'advertising firm' can satisfy all its stakeholders?                     

Common Forum / It can happen...
« on: October 05, 2011, 05:16:00 PM »
It's my first post in the forum after nearly 6 months. I just wanna share a thing with you guys.
I think we all are not juvenille and quite open minded, more than that as its common forum it's quite okay to speak about these stuff since common forum is a forum to speak about common aspects of human environment...
Many days ago I was thinking about a line of the film kuch kuch hota hai and that line was, 'Hum pyar ekbar...', but I think that's quite lame. Now people may say that it's quite pervertedness, but I see this as a human attitude.
Just think guys, you don't have any commitment towards your ex. You have given it more than one shot to improve it but it didn't change. Now, if you find a person who just fits much with your mindset and you could find a 'peace' within that person, then why can't you fall in love again? For better relevance, think of your parents, e.g.- your mother is more dearer to you than your father. Why? Because your mother doesn't say any rude words with you, hides your mistake etc. Actually the thing is, she eases you more than your father. Now this is completely natural and if you show 'favorism' in your parents then why can't this happen here? Now dont say that it's another type of love. Because, to me love is the defination of feeling the uneasy of absense. Think, if your mother goes for shopping, forgets to take cell phone with her and takes much time than usual to come back; then you would definately feel tensed because you love her. The same thing, I think, should be applied to each and every lovable persons.
Now coming back to 'love only happens once', assume you like a girl of your school. She understands you, helps you in your chores and have quite similar mindset. And you fall in love with that girl and express your feelings to her. But ironically she refuses. But is this the end of the 'love' road for him? and won't he get anyone better than her? Absolutely he can have. He may never forget about her since it was his first 'matured' (not crush) love but he may have the beautiful existence of love again...                       

BBA Discussion Forum / Friendship Carnival '11
« on: May 13, 2011, 11:40:45 PM »
I don't know whether it's right to post this topic on BBA discussion forum, since it has an appeal to every DIU students, but yet I'm gonna start with this forum page.
We have decided to celebrate our respective dept. students great friendship on the eve of friendship day'11. We'll organize different refreshing and eccentric programs in the event. E.g- we will hold different friendship day related competitions, we'll award the best friendship related shortfilm, the most friendly group. The best qualified finalists would appear to participate in finale competitions at the event. We'll also award the best friendly teacher of DIU, selected by popular votes.
We will also publish a magazine that will tell us about ourselves and our friends.
So, we're cordially asking to the students to give their articles (poems, short stories, practical life experience etc.) regarding the day. And we ask plots from you people about this day. The short film will be more like a 5 minute drama.
And as a MAIN EVENT, to make the day more joyous, WE WILL INVITE ARTCELL AND FnF, 2 of the leading pop and rock bands of Bangladesh today! 
So, just go for it!
You can also give your opinion regarding this aspect by notifying me in the forum or by calling me at 01675829556. Or you could contact- Rajib- 01675535882. Or Turjo- 01676552673.
We will INSHALLAH discuss more about this on later posts...   

Common Forum / Start loving your grandparents
« on: April 16, 2011, 08:52:07 PM »
To call a spade a bloody shovel, perhaps I would not start this topic and perhaps would be the last person to post in this type of topic if anyone else would have started it, because I didn't want to discuss anything that I feel jinxed...
But now I wanna discuss this, because my grandfather whom I considered more as a friend than an elderly person, gave his earthly body away to meet his creater this past wednesday.
I've always been emotionally attached with him. My thoughts, my personality, my theological point of view and even my (what people say is a negative thing in me) swagger is all because of him.
I used to be a shy boy and I used to have an inferiority complex in me... 
But that GREAT MAN (BY THE GRACE OF ALMIGHTY ALLAH) changed that M. Faiyaz Naveed, what he is today (BY THE GRACE OF OMNIPOTENT ALLAH)...
Even he was one of the reason when I finally decided that I'd built a carrier around business studies (INSHALLAH).
Now I'm not gonna be diplomatic. Our generation tend to avoid the words and the closeness of these elderly figurers. But when these BURA MANUSH expire then we start to think that 'how great would that be, if I had spent a little more time with them!' I can tell you this because I had felt the same when my grandma expired 4 years back.
So make sure you don't repent when you loose them... And try to imbibe their good qualities and try to spend as much time as you can with'em. Because you can have your time for adda for the rest of your life, but perhaps you won't have them for that long...           

BBA Discussion Forum / Now it's official!
« on: January 28, 2011, 07:57:53 PM »
Dear 25th Batchmates, By the grace of Omnipotent ALLAH, we will be able to hold our 1st year celebration party on the 26th of February. The just authority figures have done the needful for it and now it's official! We have invited 3 bands who will perform at some of the famous but non-rowdy numbers of today. We will stage the iconic play by Shakespeare, merchant of venice. The play will be short but yet interesting since we've changed different aspects of it to make it more crowd appealing and brief. There would be other cultural events as well. Like- poetry reciting; songs; and if somebody wishes, that person may do stand up comedy. We will also provide healthy and adequate refreshments. And we can assure that the event will INSHALLAH not turn into an indecorous one. So please subscribe for ONLY 200tk. before 10th of february, unless you will later repent for it...   

BBA Discussion Forum / For personal knowledge...
« on: January 17, 2011, 03:52:17 AM »
Firstly, I wanna say sorry to the authority that I'm posting this topic to the BBA forum instead of IT secton but I wanna know it urgently. So, I request to the authority that PLEASE DON'T MOVE IT TO IT SECTION, because people generally don't write in IT sections frequently and I want a quite expert opinion on it...
I had used an antivirus year ago but now I don't use any antivirus since you know, it slows the function. And now recently I had to use my camera after a long period and took some pics with it. But, now I'm getting afraid to upload the pictures from my digital camera to the PC since I apprehend that my PC has got some virus. Now my question is, (God forbid) is my camera likely to affect with virus if I upload the camera pics on the PC? Please do answer it quickly... Regards,

Hadith / Our RASULALLAH (S.M) in Genesis!
« on: January 16, 2011, 03:29:58 AM »
"I will raise them up a prophet from among their brethen, like unto thee (Moses), and will put my words in his mouth; and he shall speak unto them all that I shall command him"- Genesis 18:18... There are some popular verse, commonly used in christianity. Like- Genesis 3:16 (For god so loved the world...), Genesis 1:1-4 (In the beginning god created... Let there be light...). This above illustrated verse is also quite popular and perhaps many of us have heard or read it. From the verse we can clearly understand that ALMIGHTY is speaking with MOSES (A.S) and tells him that he will send a person who will be like him and that blessed person will be BRETHEN (counterpart) of his disciples... Now, christians believe that this brethen person is JESUS (A.S). But, if we slightly analyse, things turn to be SOMETHING ELSE! We know that JESUS A.S was not counterpart of jews as his/jewish nation's predecessor is ISAAC A.S and Arabian nation's predecessor is ISHMAEL A.S (That's why ABRAHAM A.S's prophethood is undisputed among these 3 major religions). That indicates that the successors of ISHMAEL A.S is the divine BRETHEN... And that's why we can logically say that it's all about our RASULALLAH (S.M)...       

Common Forum / Popularity & cult of personality
« on: December 30, 2010, 04:28:49 PM »
Before starting my topic, I want to apologise in advance because this post deals with political stuffs and may hurt the emotions of the people having 'hardcore' political view points. Yet I wanna share my feelings with you as I think this post may let you think about your  perception regarding the administrative figures of the country... Firstly, the new 'phrase' should be understood, as this is uncommon to many of us. CULT OF PERSONALITY (in easy terms) is, something far beyond POPULARITY. It's an influential person's charismatic or sometimes propogandiac persona. The formative leaders tend to HAVE this. And dictators tend to USE this. The formative leaders like our Bangabondhu had this. A good example of this is, when our country got liberted and Bangladesh Bank was established, the bank needed gold for liquidity. At that time when Bangabondhu asked the mass to contribute their gold belongings, they paid heed to his words and literally gave them. Even Hitler had this thing in himself. He could motivate with his 'enlighted' speechs that motivated 8 million people to join nazi party, starting with only sixty. Another wide user of this cult of personality is a dictator Alberto Pinnoche, of Chili. He used wide propogandas that, only HE can let the Chili people out of 200% inflation, although he could not do anything!
But when a mediocre person who hadn't much sacrificed for his state or people and most importantly when the country is at the state of democracy, is hyped up for his political nexus, the country ironically faces political and most importantly democratical imbalance. That person may automatically have popularity for his nexus with the influential figure. But the person should 'cement his place' among the immortals, who sacrificed actually a lot. Like- Rajiv Gandhi, a person having a rich political pedigree has always been a popular figure for being the grandson of Nehru. But he did a lot for the farmers and for the youth. That's why congress somewhat uses Rajiv Gandhi's facevalue still today to influence the youth.
Now I won't write much as perhaps you may have understood my thoughts. Now my main motive is to, give you people a simple message and that is blindly believe the original democratic cult of personality and believe the new ones with a lot of evaluation and then give them places to your heart.           

BBA Discussion Forum / 1st year celebration of 25th batch
« on: December 22, 2010, 07:27:59 PM »
Dear 25th batch peers!
A great news for all your guyz!!! 25th batch's 'A' section has taken an initiative to organize 25th batch's 1st year celebration...
We want to celebrate the anniversay on the 3rd week of January'11 since 25th batch's all sections classes started more or less between the 3rd week of January'10... 
Now, I on behalf of the my 'A' section peers ask for all you 25th batchmates kind attention and most importantly devoted participation on this stuff.
If you wanna give your unique idea about this stuff and wanna give proposals which will improvise the event, please contact-
Faiyaz# 01675829556,
Rajib# 01675535882,
Shawon# 01723681098
Please do share your thoughts on this because, your participation will help make OUR 25th batch anniversay celebration more interesting and splendid than any other batch celebration at DIU...
Please make your friends/peers of respective section be aware of this and encourage him/her for this event.   

BBA Discussion Forum / Is Spring '11 the last semester?
« on: December 13, 2010, 01:39:07 AM »
This thing has made many very anxious...
Yesterday, our education minister Dr. Nurul Islam Nahid has made an declaration calling a press conference. He said that the 43 universities what have not been able to establish their own campuses during govt.'s ultimatum will not be given the liberty to publish enrollment related ads or to  make enrollment procedures from Fall '11... 
We know that our DIU has contracted with the respective authorities for acquisition at Prince plaza campus and the main building campus but yet we don't own it or we haven't taken complete lease. And our ashulia campus's establishment process is gonna start from January.   
So, we wanna know DIU authority's stand regarding this quite 'ground shattering' news.     

Common Forum / What really motivates us; students?
« on: December 10, 2010, 02:33:02 AM »
I have been thinking this for a while... The core reason behind every activity of us students, is for our families.
Lets be honest, we read to get an honorable degree so that we could get a sound job that would be able to support our respective families. We all do these, just because we love our families. Just because we wanna return the love and affection we got from our families in an economical way, what we all need to support our living.
But the irony of fate is, although we love and wanna do 'something' for our families, some cultural and demographic elements tend to degenerate the motives. Perhaps you may be getting the point I am trying to indicate.
Last but not the least, let these elements not be the main cause to grumble regarding fulfilling the responsibilities towards our families...         

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