International Islamic University Chittagong
Department of Business Administration
Program: MBA
Course Title : International Business
Course Code: MKTG-5402
Chapter: Globalization and International Business
Introduction-The forces driving globalization-What’s wrong with globalization?-Why
companies engage in international business-Modes of operations in international
business-Why intemnational business differs from domestic business.
Chapter: The Cultural Environments Facing Business
Introduction-Cultural awareness-The Idea ofa “Nation”: Delineating cultures-Bchavioral
practices affecting business-Dealing with cultural differences.
Chapter: The Political and Legal Environments Facing Business
Introduction-The political environment-The legal environment-I.cgal issues in
international busine
Chapter: The eonomie Environments Facing Business
Introduction-Flements of economic environments-
cconomic analysis.
Features of an economy-Integrating
‘inal Examination:
Chapter: International trade and investment theory-
Intemational trade and world economy- Classical country based theories- Moder firm
based theories- Overview of international investment- Intemational investment theories
Factors influencing foreign direct investment.
Chapter jon of National Trade Policies
Rationales for trade intervention- Barriers to international trade-Promotion of
international trade- Controlling unfair trade practices.
Form
Chapter: International Strategic Management-
The Challenges of Intemational Strategic Management- Components of an International
Stratcgy-Devcloping International Strategics- Levels of Intemational Strategy.
Chapter: Strategies for analyzing and entering foreign markets-
Forcign market anelysis-Choosing # mode of entry-Exporting to foreign markets-
Intemational licensing- International franchising-Specialized entry modes for international
business- Foreign direct investment
Chapter: International strategic alliances-
International corporate cooperation- Benefits of strategic alliances- Scope of strategic
alliances- Implementation of stratcgic alliances- Pitfalls of strategic alliances.
Chapter: International marketing-
International marketing management-Product policy- Pricing issues and decis
Promotion issues and decisions- Distribution issues and decisions.
1. “International Business(li
vironments and operation)” Jhon PD. Daniels |
Lee II. Radebaugh | Daniel P. Sullivan | Prasant Salwan. (12" dition)
2. “International Business"- Ricky W. Griflin and Michael W. Putsay,
(6" Edition)
Md. Jahidul isiam
iors +38
MBA. TUC,
oters708940 .
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S International Islamic University Chittagong
We Department of Business Administration
MBA Program
Course Code: QTM-5401
Course Title: Quantitative Business Analysis (QBA)
Course Objective :
Quantitative Business Analysis (QBA) is the study of scientific approaches to decision-
making. Through mathematical modeling, it seeks to design, improve and operate complex
systems in the best possible way. The mathematical tools used for the solution of such models
are either deterministic or stochastic, depending on the nature of the system modeled. This
‘course focuses on advanced deterministic models and methods as well as stochastic models
fand methods. By studying this course, a student will learn very powerful modeling and
solution techniques for decision-making problems. A student will also learn how to formulate
practical problems into mathematical models and describe methods and software to solve
them in a reasonable amount of time. Modeling approaches and fundamental solution
methodologies are both emphasized in this course. A leamer will also become familiar about
how to analyze the results of a model, interpret them, and concisely present the insights
obtained from their analysis.
. Course Contents
ms
| Introduction to Quantitative Business Analysis (QBA)
Introduction, History of QBA, Objectives of QBA, Scope of QBA, Models of QBA,
Developing Model, Typical model orientation, Methods of QBA, Phases of QBA, Advantages
of QBA, QBA in getting Competitiveness, Competitive Dimensions Competitive Priorities
and Capabilities, Limitations of QBA.
Quiz / Class Test / Case
2. Basics of System Analysis
Review of LP, Duality of LP, Formulation of dual, Formulation of dual when the primal has
mixed constraints, Application of duality, Economic interpretation of optimal solution of dual
problem, Sensitivity analysis of LP, Range of feasibility, Optimality, insignificance, Shadow
Prices and their Economic Interpretation. .
Quiz / Class Test / Case
3. Goal Programming
Introduction, The basic idea of goal programming, Concepts of goal programming, Goal
trade-offs, Use of different Weights, Priority and Levels, Differences between goal
programming and linear programming, Business Problem with Multi-Objectives, Goal
programming formulation and its solution, Computer solution, Concluding remarks.
Quiz / Class Test / Case
4, Simulation
Introduction, Types of Simulation, Schema of Simulation, Steps in Simulation, Advantage aid
Disadvantage of Simulation Method, Monte Carlo Simulation Method, Business Problem
Solution by Simulation, Waiting line simulation model, Inventory simulation model, New
product planning through simulation, Capital budgeting through simulation, Computer
simulation and Concluding remarks.
Quiz / Class Test / Case
Md. Jahid
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Jahiduistanc0*S@gmalcom,
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Introduction, Rules of network construction,
Maximum Flow Method, Applications of project’ management, a
CPM & PERT, CPM (Critical Path Method): Concept of critical path, Computing ES.
and LF times, Computing activity slack time, Determination of critical path. PERT (Program
i eal 7 d
1e); Expected project completion time, Variance of expectes
rain projet comp mn letion time with
Riss of networe one Spanning Tree Method, Shortest Route,
‘Advantages and Limitations of
S, EF, LS
3
Evaluation and Review Tech
project time, Probability of certain project completion time, Project comp!
certain probability, Crashing of the project networks: Time-Cost-Trade-Off, Budgetary
Control.
Quiz / Class Test / Case =
+ 6 Operations Process and Scheduling
Concept of Process Design; Basic Types of Processes, Automation in Process Selection,
Process Capacity-Measuring Capacity, Evaluating Capacity Alternatives, Operations :
Scheduling-Manufacturing Execution Systems; Typical Scheduling and Control Functions; =
Objectives of Work Center Scheduling; Job Sequencing-Priority Rules for Job Sequencing, 2
Scheduling » Jobs on One Machine, Scheduling n Jobs on Two Machines, Scheduling n Jobs :
on m Machines.
Quiz / Class Test / Case
7. Maintaining System and Replacement Decisions :
Meaning and Objectives of Maintenance; Functions; Costs of Maintenance, Types of
Maintenance, Maintenance Policy; Different Maintenance Models, Replacement of capital =
equipment that deteriorate with time, Replacement of items failing completely, Staffing
problems, Application of Simulation Techniques in Maintenance and Replacement.
Quiz / Class Test / Case
8. Inventory Management
Inventory Concepts ~ Pressures for Low Inventories, Pressures for High Inventories, Types of
Inventory, Inventory Reduction Tactics, Placement of Inventories; Identifying Critical
Inventory Items with ABC Analysis; Determination of Economic Order Quantity (E0Q) —
Understanding the Effect of Changes; Inventory Control Systems - Continuous Review (Q)
System, Periodic Review (P) System, Comparative Advantage of the Q and P Systems,
Hybrid System.
Quiz / Class Test /Case
9. Markov Analysis
Introduction, Nature of Stochastic Processes, Markov Processes, Application of Markov
Chain, Markovian Decision Model, A brand switching model, N-step transitions, Steady state
probabilities, Decision making application, Accounts receivable analysis, Computer solution,
Concluding remarks.
Quiz/ Class Test /Case
. Text Books:
“1. An Introduction to Management Science
Anderson, D. R., Sweeney, D. S. and Williams, T.
Reference Books:
J1. Quantitative Analysis for Management avg
Render, B.; Stair, R. M. Jr.; Hanna, M. E. and'Badti, T. N.
2. Introduction to Management Science :
Stevenson, W. ;
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(a) Marks Distribution
Events Description Marks (100%) |
Class Evaluation ac “
Class Tests, Assignments & Performance 10%
Mid-Term Examination | Written Examination — Broad Type 30%
Final Examination Written Examination — Broad Type 40%
Case Presentation ‘Topic Based 10%
(b) Lectures, Class Test and Case Presentation Schedule
. ‘Number of | Class Test /
Description Lectures | Assignment
Introduction: Competitiveness and Business Decision. 2
ge Basics of System Analysis 4 ‘i
ge Goal Programming 4
‘Simulation 3
‘Network Analysis: Project Scheduling 4
= ‘Operations Process and Scheduling 3
z ‘Maintaining System and Replacement Decisions 2 1
= Inventory Management 3
‘Markov Analysis 3
‘Any one selected topic from final syllabus 1 .
Presentation 7
Prepared by:
ite : Md. gabidul ts Islam
Dr. Muhammad Mahbubur Rahman "ipa ive
Professor sonic F515 orS com,
Mobile: 01712121506, 01841422122
E-mail: mahbub@iiuc.ac.bd
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fam Syn) Md a
Md. genial (Course Tite: Islamic Financial System] a. Jamia Islam
orera70349 (Course Code: Fin-5403] ogee
= Conair’ _ Department of Business Administration] ‘istam2013€agmai com,
[International Islamic University Chittagon;
Course Objective: This course gives leamers an opportunity to consider the strength and weakness of
existing world financial system of various organizational structures. It will provide knowlédge on the
basic principles of financial system, role of financial system in an Economy. Our prime objective on
the present topic is to find out the supremacy of Islamic Financial System over the conventional
financial system as a sound economic discipline to remove economic sickness from the society.
‘Another objective may be the justification of co-operation between the two systems
[MID-TERM EXAMINATION
: A brief introduction to Conventional Economic System and Financial System
(Two Lectures): Conventional Economics based on Capitalism, Socialism, Communism and
Secularism, Structure of Financial System-Principle/Characteristics, Objectives,
Functions/Importance/Role of a Conventional Financial’ System: An overview of Bangladeshi
Financial System, Financial Instruments, Financial Institutions and Financial Markets and their
classifications. Outcome of Conventional Economic and Financial System
Chapter-1
Case study/Analysis: Discussion on Conventional Financial System with the Student
Chapter-2: Fundamental Prohibited Elements in Islamic Economics and Finance (Four
Lectures): Prohibition of Riba, Gharar (Uncertainty) and Maysir(Gambling) in Islam, the Concept,
Characteristics and Classification of Riba, Usury, Interest- Interest and Profit, Interest and Rent, .
Arguments in favour and against of Interest, Social, Moral, Economic and Political Demerits of
Interest, Impact of Interest, status of interestVusury in different civilization: Mesopotamia: Babylonia,
Persian, Greek, Roman, Hindu, Arabian, Egyptian etc., Interest in Islam: the teachings of the Holy
Quran and Al-Hadith., the Concept, Characteristics and Classification of Gharar (Uncertainty),
Gharar(Uncertainty) in Islam in Details, the Concept, Characteristics and Classification of
Maysir(Gambling) , Maysir(Gambling) in Islam in Details. Limitations of the Conventional financial
System from Islamic Viewpoint and Justification for an alternative, ‘The Case of Islamic Financial
system
Case study/Analysis: concept of Mass people on Interest in our society, How to avoid it (share the
Student’s thinking), Gharar (Uncertainty) and Maysir(Gambling) in Bangladesh and world
Page 1of4
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Chapter-3: Shariah Contracts for Islamic Economic and Financial System Tree nae =
the concept and Classification of Shariah Contracts — Partnership Contracts: Bai Al-\ ait
Musharakah; Exchange based Contracts: Bai-Murabaha,Tawarruq/ Reverse Murabaha | I ae
Deferred Sale) / Bai’ bithaminajil (BBA) ,Bai al salaam and Bail-AL-Istisna, Wjreh , Hire PRTC
under Shirkatul Melk,Bai' al“Inah;, Charity based Contracts: Quard al-hasanah, Waqf, Hibah; De
Contracts: Bai Al-Dayn; Trust based Contracts: Wakalah, Wadiah, amanah, Ariya , Susalah; Security
Contracts: Rahn, Kafalah and Hiwalah,, Currency Contracts: Bai al-Sarf; Agricultural Contracts
Muzaraah (share cropping), Mushaqah; Risk sharing Contracts: Takaful, and many others contracts.
Case study/Analysis: Practices of Islamic Financial Contracts around the world: Problems and
challenges, Islamic Banks and Islamic Finance and Investment Limited (IFIL)
Chapter-4: An Introduction of Islamic Economic and Financial System (Two Lectures): The
concept, characteristics and Objectives of an Islamic Economic system, The concept,
Principle/Characteristics, Objectives, Functions/ Importance/ Role of an Islamic Financial System,
Islamic Financial Instruments, Islamic Financial Institutions and Islamic Financial Markets and their
classification, structure of Islamic Financial System based on shariah, Comparison. between Islamic
Financial System and Conventional Financial System — Requirement of successful implementation of
Islamic Financial System
Case study/Analysis: Education of Islamic economics and Finance in western/ non-Muslim
countries
Chapter-S: Money Market, Foreign Exchange Market and their application in Islam (Two
Lectures): Introduction, concept and Instruments conventional and Islamic Money Market, Islamic
Financial Instruments: Islamic Deposit Certificates (IDC), Islamic Investment Certificates (1IC),
Mugaradah Bonds (MB). Differences between Islamic and Conventional money Markets, ‘Trading of
Islamic Money Market Instruments, call money market -Islamic viewpoint of each of them, Foreign
exchange market and its function in Islam.
Case study/Analysis: Evidences of Islamic financial/money market instruments from different
Muslim countries: {slamic Inter-Bank Fund market Bangladesh, Malaysia, Financial instruments of
Pakistan, Malaysia, Iran, Indonesia etc.
Page 2 of 4
Scanned with CamScannerChapter-6: Capital Market (Four Lectures): Equity Market and Bond Market, Sukuk Market ,
Definition of Bond, Definition of Sukuk, Origin of Sukuk, Role of Shariah Framework in Sukuk
Structuring, classification of Sukuk: Opportunities and Challenges in the Sukuk Market, Equity
Market: The Characteristics of Islamic Equity, Shariah Permissibility of primary and Secondary
Market Islamic Approach on Trading of Equity Market Instruments such as Shares or Stocks,
common stock, Preferred Stock, trading process: Underwriting, Insider trading, Hedging, speculation,
Islamic Approach on Financial Derivatives: Forward, futures, options and swap, Islamic Approach on
Short Selling and Margin trading , Shariah Screening of product: Shares, Bonds; Determination of
Stock Price: Metwally Model, Opportunities and Challenges. Regulation and shariah advisory
council of stock exchange, non-Muslim participants in Islamic stock exchange
Case study/Analysis: Islamic index in Bangladesh stock exchange: DSE, CSE, Malaysian stock
exchange, Indonesian stock exchange, NASDAQ, NYSE
Chapter-7: Islamization: of Financial system and Evolution of Islamic Banking (Three
Lectures): Islamization of Financial system of Muslim Countries: Bangladesh, Pakistan, Sudan, Iran
etc., Concept and Characteristics of Conventional Commercial Banking and Islamic banking,
Rationale of Islamic Banking: Comparison between Conventional Banking and Islamic Banking,
Evolution, Growth and Performance of Islamic Banks in the world and Bangladesh, Islamic Credit
Cards and its features, Islamic Trade Financing Instruments and Practices — Letter of Credit and its
modes, Role and Contribution of Islamic Banks in the World Economy and in Bangladesh: Poverty
Alleviation and Islamic Banks: conventional microfinance vs. Islamic microfinance of Different
Islamic Banks, operations, problems prospects and performance of The Rural Development Schemes
(RDS), Urban Poor Development Scheme (UPDS) , Issues and Problems and challenges of of Islamic
Banking.
Case study/Analysis: ROLE of Islamic Development Bank (IDB) and OIC in islamization of
financial system in different Muslim countries: Bangladesh, Iran, Pakistan, Sudan, And Saudi Arabia.
Islamic banks in Bangladesh, Islamic banks in Muslim and non-Muslim countries, Operation of
Islamic banks and conventional banks, Islamic credit cards: khidmab credit cards of IBBL and other
Islamic banks, Islamic credit cards around the world
Chapter-8: Central Banking and Monetary Management under Islamic Framework (Two
Lectures): The concept, Characteristics, Objectives, Importance/Role/ Functions of a Conventional
and Islamic Central Bank, differences between conventional and Islamic central bank, conventional
and Islamic monetary policy, controlling the money demand in Islamic monetary policy, fixing the
deposits and investment’s profit rate/range for Islamic commercial banks by central bank, Problems
for Islamie commercial banks under Conventional Central Bank in a mixed economic system and
solution, consumer protection in an Islamic central bank, Superirotity of Islamic monetary policy and
Islamic Central Bank.
Page 3 of 4
Scanned with CamScannerCase study/Analysis: Functions of central bank of Bangladesh, Iran, Pakistan, Sudan, Saudi Arabia
Chapter-9: Insurance in Islam / Takaful (Two Lectures): Definition and Characteristics of
Conventional Insurance, Criticisms of Conventional Insurance from Islamic View point and
Justification for an Islamic Insurance (Takaful) — Concept, Objectives, Characteristics of Islamic
Insurance: Takaful, Historical Development of Takaful, Operational Modes and Contracts of Takaful,
Comparison between conventional Insurance and Islamic insurance, Islamization of insurance in
Bangladesh, Issues, Opportunities and Challenges - Shariah Issues in Takaful.
Case study/Analysis: Insurance companies from Bangladesh (conventional and Islamic), T’azur
‘Tekaful insurance company of Bahrain
Chapter-10: Financial Crisis and its Islamic solution (Two Lectures): Definition and
characteristics of Financial Crisis, causes and consequences of Financial Crisis, Financial Crisis
around the world: an analysis on top ten global Financial Crises, conventional remedies vs. Islamic
remedies. Superiority of Islamic Financial system: evidences from the real world
Case study/Analysis: Effects of global financial crisis on conventional and Islamic financial
institutions,
RECOMMENDED BOOKS:
Writers Texts Books
[intemational Shari“ah Research Academy for __|[slamnie Financial system: principles and operations
Islamic Finance, Asyraf Wajdi Dusuki
[Muhammad Ayub [Understanding Islamic Finance
[Zamir Iqbal and Abbas Mirakhor [An Introduction to Islamic Finance; Theory and
"ractice Second Edition (Soft copy available in internet)
|Nusrat-E- Aziz Faruq slamic Financial System: A compilation
Kabir Hassan et al [Text Book on Islamic Banking
(Class test, assignment, attendance and Case study 0%
Marks Distribution: [Mid Term Examination duration 2 hours) 0%
[Final Examination (duration 3 hours) [40%
Total 100%
Course Instructor
Basharat Hossain
Assistant Professor (Economics)
Department of Business Administration (DBA)
International Islamie University Chittagong (I1UC)
Cell: +8801670909872
Email: m_basarat06@yahoo.com
Page 4 of 4
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$99
University Chittagong
International Islamic Universit Trion
DEPARTMENT OF BUS!
Islam
Program: RMBA /EMBA Md. apg ar
MB,
STRATEGIC M. EMENT (MGT-5504) 01671-708940
Janidulslam2019@grai.com,
Contact Hour: 03/week
(Hour: 03
Most Schools of Business/Management-all over the world haye a capstone course in their
curriculum that concerned with “Strategies and policies”. Many of them title this course as
“Strategie Management”. The course is aimed to foeus on top management and total organization
rather than functional areas of a business organization, This course emphasizes basically on
strategic management, strategic planning rather than classical/function of management. After
studying the course, the leamers/future managers would be able to utilize their knowledge to
address the issues frequently faced by senior management e.g. how to respond to changing
cavironments, how to allocate resources over the organizations various units, how to compete in
cach of the industries in which the organization participates, how to create a unified strategic
effort throughout the business unit,
Mid
‘erm examination:
1) Introduction: Meaning of Strategy, Strategic management ~ Strategy and the quest for
competitive advantage-Identifying a company’s’ strategy —Why a company’s strategy evolves
over time-A company’s strategy is partly reactive and partly proactive-Strategy and ethies-
Business model-Relationship between company's strategy and business model-What makes
strategy a winner-Importance of Crafting and executing strategy.
2) The Managerial Process of erafting and executing strategy : Steps of strategy making and
strategy executing process-Developing a strategic vision-Characteristics of a vision statement
Shortcomings of vision slogan, Communicating the strategic vision, Linking vision with
‘company values-Financial objectives and strategic: objectives-Balanced score card approach of
setting strategic objectives-Who participates in crafting a company’s strategy- Company's
strategy making hierarchy-Uniting a strategy making effort-A strategic plan-Implementing and
executing the strategy-Evaluating performance and Initiating corrective adjustments-The role of
Board of directors in Strategy making and strategy executing process,
3) Evaluating a company’s external environment: Strategically relevant components of a
company’s external environments-Thinking strategically of company’s Industry and competitive
environment-Industry’s dominant economic features-Competitive forces facing industry
members-Factor's driving industry change and their impacts-Identifying market positions of key
competitors through strategic group map-Implication of strategic group map-Identifying
competitor's strengths and weakness-Predicting competitors’ next moves-Key factors of future
competitive success-Analyzing industry's attractiveness for the company's opportunity.
4) Evaluating a company’s Resourees and competitive position: Analyzing how well the
present strategies are working-Company’s resource strength and weakness and its external
opportunities and threats-Company's value chain analysis-Activity based costing :A tool for
assessing company’s cost competitiveness, Benchmarking-Strategic options for remedying a cost
disadvantages.
Final Examination:
5) The Five Generic Competitive Strategies: The Five Generic Competitive strategies -Low
cost provider strategies Broad differentiation strategies-Best cost provider strategies-Focused
(Market niche) strategies-The contrasting features of the Five Generic Competitive strategies
Scanned with CamScanner6) Supplementing the Chosen Competitive Strategy: Collaborative strategy :Alliances and
Partnerships-Merger and acquisition strategies-Vertical integration strategy : Operating across
more stages of industry value chain-Outsourcing strategy: Narrowing the boundaries of business-
Offensive strategy : Improving Market position and building competitive advantage-Defensive
sirategy : protection market position and competitive advantage Web site strategies: Brick and
click strategies-Choosing appropriate fimetional area strategies-First mover advantages and
disadvantages.
7) Competing in Foreign Markets: Why Companies expand into foreign markets- Cross-
country differences in Cultural , demographic and Market conditions-The concept of Multicounty
competition and Global competition-Strategic options for entering and competing in Foreign
markets-The Quest for competitive advantages in Foreign markels-Profit sanctuaries ,Cross-
‘market subsidization and Global strategic offensives-Strategic Alliances and Joint ventures with
foreign partners-Strategies that fit the markets of Emerging countries.
ies for managing group of business- Diversification: When to diversify —
ion for diversifying ~Strategies for entering new business-Related versus unrelated
diversifieation-Evaluating the strategy of a diversified company-Strategic tools for analyzing a
diversified company: BCG Matrix, General Electric Matrix-After a company diversifies: the four
main strategy alternatives,
9) Implementing and Executing the Strategy: Building an organization capable of good
strategy execution -A framework for executing strategy- The Principle Managerial components
of the strategy execution process- Staffing the organization-Building core competencies and
competitive capabilities- Execution related aspects of organizing the work effortCurrent
organizational Trend-Adopting best practices and striving for continuous improvement: Installing
Information and operating systems-Tying rewards and Incentives to Good Strategy execution-
Installing a corporate culture that promotes Good Strategy Execution- Leading the strategy
execution Process.
10) Strategy, Ethics, and Social responsibility: What do you mean by business ethies-Ethical
standards, its universality, local norms and situational circumstances- Categories of management
morality- Do Company strategies need to be ethical?- Linking a company’s strategy to its Ethical
principles and core values- Strategy and social responsibility
11) Analyzing Cases on Strategic Management: Why use case analysis to practice Strategic
Management-Objectives of case analysis-Preparing a case for class discussion-Participating in
class discussion of a case-Preparing a written case analysis-Preparing an oral case presentation-
Representing companies and industries via the Internet and online data scrvices-The 10
commandments of ease analysis
Basie Text:
Crafting and Executing Strategy-The Quest for Competitive Advantage: Concepts and
cases ; Arthur A. Thompson, Jr., AJ. Strickland III, John E, Gamble, Arun K. Jain; 16" edition;
‘Tata McGraw Hill Edition 2010.
Reference Book:
{i) Strategic Management: Concepts and Cases Arthur A. Thompson, Jr; AW. Strickland UL
(ii) Management Strategy and Policy: Text, Reading and Cases-Steiner, Miner and Gray-
MeMillan Publishing Company, New York.
(iii) Strategy and Competitive Analysis, Methods and Techniques for Analyzing Business
Competition-Craig S. Fleischer and Babette E, Bensonssan-The Mind shifts group Pvt. Ltd.2003,
New Jersy
Md. anit! istan
Scanned with CamScannerMd. Jahidul at
1D-R19
MBA, HUG
01671 -708940
Jahidulisiam2013@gmeil.com.
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