Feasibility Study Report On Bata Company Bangladesh
Feasibility Study Report On Bata Company Bangladesh
Bata Company Bangladesh is a leading footwear manufacturer and retailer in the country, known for its high-quality products and wide range of styles. With a history dating back to 1962,
the company has established a strong presence in the market and continues to innovate and expand its product offerings to meet the needs of its customers.
Sustainability trend
One of the key trends in the footwear industry is the growing demand for sustainable and eco-friendly products. Consumers are becoming more conscious of the
environmental impact of their purchases and are seeking out brands that prioritize sustainability. As a result, companies are incorporating recycled materials,
reducing waste in production, and implementing ethical practices to meet this growing demand.
Strengths Opportunities
Bata Company Bangladesh has a strong brand image and a Opportunities for Bata in Bangladesh include expanding
wide range of products, including footwear for men, women, their product line to include accessories and apparel, as well
and children. They have a well-established distribution as increasing their presence in e-commerce. They can also
network and a loyal customer base. capitalize on the growing demand for sustainable and
ethically produced products.
Weaknesses Threats
However, Bata faces intense competition from both local Threats to Bata in Bangladesh include changing consumer
and international footwear brands in the Bangladeshi preferences, economic instability, and the impact of global
market. They also have limited presence in the online retail events such as the COVID-19 pandemic. They also face
sector, which is growing rapidly in the country. challenges in terms of rising production costs and
fluctuating exchange rates.
Efficiency Improvement
One of the main operational challenges faced by businesses is inefficient processes that lead
to delays and errors. This can result in decreased productivity and customer dissatisfaction.
Technology Integration
To address these challenges, businesses can implement automation tools and streamline
their workflows. By utilizing technology to automate repetitive tasks and optimize processes,
organizations can improve efficiency and reduce the likelihood of errors.
Financial Viability
After conducting a thorough feasibility study, it has been determined that
the project is financially viable and has the potential for success. The
analysis of market trends, competition, and potential risks all point
towards a positive outcome for the venture.
Market Demand
Furthermore, key findings from the study indicate that there is a strong
demand for the product or service being offered. The target market has
shown a willingness to pay the proposed price, and there are clear
opportunities for growth and expansion in the future.
Decision to Proceed
In conclusion, the feasibility study has provided valuable insights and
data that support the decision to move forward with the project. The
findings suggest that the venture has a high likelihood of achieving its
objectives and becoming a profitable endeavor in the long run.
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