This document provides an overview of Thailand including its official name, population, official language, currency, and capital. It discusses Thai culture including the importance of family, hospitality, and indirect communication. It outlines Thailand's political environment, constitution, and foreign relations. It also covers doing business in Thailand and important considerations like work practices, relationships, and business customs. Additionally, it summarizes Thailand's economy including key industries like agriculture, tourism, textiles, and machinery imports. It concludes with an overview of Thailand's monetary policy periods from pegged exchange rates to monetary targeting to inflation targeting.
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A case study of thai land
1. Presentation for
Inb-304
Title : Bangladesh in International business
Prepared by
Md. Nafiz hassan : 1030321
Dider Alam : 0930316
2. A case study of Thai land
Overview of Thai land
official name : Kingdom of Thai land
Population : 65,905,410 (approx)
official language : Thai
Currency : Baht
Capital : Bangkok
GDP : PPP- 553.4 billion.
GDP per capita : PPP- $ 8500
3. Over view of Thai culture
Family : Consider as a corner stone of society
Power structure of family is mirrored in
organizational environment .
Hospitality : Thai people will become guests in to
their houses aand show their geneoristy by offering
tanything they might have.
Indirect communication : In Thai land a
considerable part of information lies in the underlying
messages or in the non verbal cues .
4. Political environment
The constitution of Thai land : The constitution
of the kingdom of Thai land is the supreme law of
the kingdom of Thailand . Since the change from
absolute monarchy to a constitutional democracy in
1932 .
Foreign relations of Thai land : Thai land’s foreign
policy includes support for ASEAN in the interest of
regional stability and emphasis on a close and
longstanding security relationship with the United
States , the foreign relations of Thai land is handled
by the Minister of foreign affairs of Thai land.
5. Doing business in Thai landDoing business in Thailand
In order to business in Thai land following issues
should be considered
working practices in Thai land
working relationship in Thai land
Business practices in Thai land
6. Economy of Thai land
Agriculture : Most of Thai land’s people are
working in agricultural field.
Thai land is considered as world’s largest
exporter of Rice and shrimp . Other crops include
cocunuts, corn, rubber, soyabean , sugarcane , tapioca
7. Economy of Thai land
Thai land’s major industries include
Minings and minerals :
Thai land’s major minerals include
Flourite, Gypsum, lead, lignte, natural gas, rubber, tantalum,
tine and tungsten.
Tourism : Most tourists come to Thai land for various
reasons mostly for the beaches and relaxiation . Bangkok
is considered as a large increase in tourism over past
four years.
Other industries include Textiles, agricultural processing,
beverages ,tobacco, cement, electric appliances computer
parts integrated circuits furniture plastic etc.
8. Techonological
environment
Thai land is not a techonologically developed
country , because it imports most of its
technological products like machinery parts from
abroad. Which include Agricultural machinery, food
processing and packaging machinery Mould and die
etc.
10. Thai land’s monetary policy
Development of Thai land’s monetary policy can
be divided in to three periods
Pegged exchange rate period (second world- June
1997)
Monetary targeting regime (July1997-may2000)
Inflation targeting regime ( May 2000- present)