Governing
power is usually peacefully transferred to an elected government through periodical
election in Bangladesh. After completion of five years term, the government
transfer power in the hand of a non-party caretaker government and after a free
and fair election, the CG transfer the
power to an elected government. Such process of peaceful transition of power to
an elected government is positive gesture of democratic development in the
country.
Showing posts with label power. Show all posts
Showing posts with label power. Show all posts
Decentralization of power for Democracy
Decentralization of power is another vital prerequisite for the smooth functioning of democracy. The concentration of power makes the government autocratic. With the division of power between the center and the provinces, the burden of the center is reduced and the
Labels:
Decentralization,
power
Bargaining power of suppliers
If the telecom operators had to design the products on the whims of the suppliers because their output is unique, then the suppliers would enjoy absolute advantage in terms of bargaining power. But here this is not the case. Again, since the number of the suppliers is very limited say NOKIA & Ericsson and a handful number of network administrators, they (the suppliers) have this power to leverage on this, because this is limiting the choice of the operators and making the switching cost very high for them.
Labels:
Bargaining,
power,
suppliers
Bargaining power of customers
Buyers in Porter’s five forces model tend to compete with the industry by forcing down prices and bargaining for higher quality products and services at lower prices (Grant, 2005). In our country the customers have absolute bargaining power. Because there are a number of operators in the market, the cost for switching loyalty is very low. Customers may want to switch from one operator to another for a better deal. Nothing can restrict this trend. In fact what we see is that every customer nowadays uses more than one mobile phone or at least owns more than one connection, and use them interchangeably.
Labels:
Bargaining,
Customers,
power
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