Authors : Mohammed Shamim Uddin Khan and 1Muhammad Mahbubur Rahman
Abstract: The paper studied micro-level efficiency in Bangladesh as a case study. The study found that management of different large organizations of national economic interest in Bangladesh predominantly seems to be not aware of the importance of modern managerial techniques in decision-making and, therefore, depends much on conventional way of decision making. Macro-economic crisis which is strongly correlated with micro-economic inefficiencies being the cause of distortion in the structure of incentives to producers, as argued by Bhagwati and Srinivasan (1993), the underdeveloped countries will loose its relative bargaining strength in bilateral trade under open economy and will make the general economic situation further worse off if they do not take care of the inefficiencies revealed in our present study.
Mohammed Shamim Uddin Khan and 1Muhammad Mahbubur Rahman , 2004. Managerial Efficiency - A Study on Application of Operations Research in Bangladesh . Pakistan Journal of Social Sciences, 2: 379-384.