Dr.Oetkers $200 million investment in Bangladesh spurs and exports
Introduction /background
Dr. Eotkers is a food company working to promote quality of food introducing best recipes a, and we need to make sure that this business can be able to exports some of our products to states with free agreements with Bangladesh. This company started in 1891 in Germany by pharmacist Oetker who innovated a culinary product .he worked on the assumption by starting with small paper pouches filled with baking powder little did the person know that it will be an international company with many brands. Currently, this company is known for the production of foods products, including baking powder, frozen pizza, pudding, and cake decoration, among others. It has expanded to many countries, including Canada and England, where it has frozen pizza plant. Currently, the company has invested more than $200 in direct business investments in Canada. This means that it can thrive better in Bangladesh due to the many business opportunities that exist.
Bangladesh has got some Free trade agreements which will help to support this business venture. It means that the company products could be exported to foreign nationals to meet the needs of distant clients. This venture aims to reach out to everyone out there. To ensure that there is good economic production, the company has always been patterning with the several-governmental organization to help many of the world’s vulnerable families and children. This is getting the company much known and relied on by the community as a facility owns it. Protection of children and investing makes society a better place to live since this means of giving back to society
Many of the customers have welcomed the product, giving room for its expansion; it will do better in Bangladesh. States with a suitable and sustainable economy have this company expand its brands to many other countries. Bangladesh is one of the counties with many potential customers and based on the survey; we have recently done, this will be one of the best states where the company will expand more. Interestingly the products we sell are highly acceptable by the community, meaning that there is likely hood of meeting the company’s goals and objectives as it operates in this state.In Bangladesh, the company will still apply its strategy of relying on both political and economic environment to bring change in the community. It is genuine that there is a likelihood of meeting the company goals as it operates here due to political and environmental wellbeing.
References
Acar, M., Alpay, S., Bakimli, E., & Koc, Z. Z. (2009). South—East Asian Integration in the Context of OIC: Implications of Free Trade among Malaysia, Indonesia and Bangladesh. Journal of Economic Integration, 1-18.
Finger, J., Keller, S., & Wirsching, A. (2013). Dr. Oetker and National Socialism: History of a Family Business 1933-1945 . CH Beck.
Gschaider, L. The role of advertising in image projection-the case of Dr. Oetker.
https://www.international.gc.ca/world-monde/stories-histoires/2019/CPTPP-oetker.aspx?lang=eng&_ga=2.206250387.1821248893.1563460608-799292000.1563460608&fbclid=IwAR3Itl9K51sfwISrdk5Ynp-D0gv3S8ZwzPIcOzHx_opxiDbZAAEwJKoGGL4