Agricultural products impact on economic prosperity: A case study on GREENLAND TECHNOLOGIES LIMITED

Abstract

Greenland Technologies Limited (GTL) is a reflection of GETCO Group’s vision to be a leader of the best quality importing Agricultural & Industrial Equipment. GTL is owned by K.M. Khaled (Chairman), K.M. Rakib Hasan (Managing Director) & K.M. Mobarak Hossain (Director). The company was established in June 2011 but started its operation in June 2013 as a sister concern of GETCO Group. Now GTL owns more than 30 showrooms for its agricultural tractors all over the Country also owns a showroom for its cleaning machineries and other products in the Capital city Dhaka. It has become a well-known name for heavy weight machineries and cleaning equipment’s. Greenland Technologies Limited aspires to provide farmers with complete agricultural solutions by importing quality tractor for modernizing of agriculture production, with particular attention on increased production, processing and value addition. On the other hand GTL mitigates the demand of home & Industrial cleaning machineries. In the time of intern, I got the opportunity to use my accounting and financial term for three months as an intern at GTL. Three month continuously learning and hard working at GTL, helps me to prepare the term paper, it was the feedback of my internship time. Here, I am going to discuss about the basic overview of the GTL Company and its products, departments, my job responsibility as an intern and brief description about the agricultural product economic impact and the four year financial data analysis of GTL. We also find out how GTL’s agricultural product help improve the agricultural economic sector. After that we analyses the important ratio by using the four years data (2013- 2016) which will help to tell about the company’s present condition. Find out the outcome from the financial analysis whether it negative or positive. In the recommendation part, it will tell about the task which will help improve the negative finding. We know that intern is a learning time for a student. I also learn lots of thing in three month internship. The experience will help me to do better and stronger in my desire sector. I learned how to work in pressure and also taught me that strategy is paly crucial part for a company to survive in the market. Because of the wrong strategy may bring lot of problem for a company.