Summary:
Management practice around the globe has a lot diversities because of the presence of different social, economic, political, legal and tax systems. After independence the industrial enterprises of this country were initially brought under the control of the government. Very soon it was realized that the nationalized sector
was not performing as desired because of unsuccessful management practice. Since then the country has been going through denationalization  process. And then every type of concepts and theories of different countries has been practicing in our country. But it is very difficult to say which type of management practice should be applicable for our country. The author has attempted to analyse the different types of management practice especially in U.S.A., Japan and China in the context  of Bangladeshi management practices on the basis of the basic functions of management.  As per the findings,  management practice in Bangladesh is not being dominated by any specific country's management practice. The author tries to select and makes suggestions of what types of management practice should be made applicable with respect to socio-cultural or environmental circumstances and other legal and govt policies