Ratios
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Basics of Economics
Submitted to:
Ms. Deepa Bhaskaran
Submitted By:
Sahil Bansal
Venkat Batra
Saurabh Satija
Ravikant Gupta
NANO CASE
Q-1 Identify target market for nano ?
Ans- The target market for nano would be
The group of people that belongs th the lower-middle class that earlier could not have thought of a car .
Higher-midle class group as well who already owe a car but want to or might be interested in buying another car but cant afford other expensive car .
The group of people who would certainly interested into having a compact car .
Q-2 What all factors should be taken in a account while identifying the demand for nano cars in malaysia ?
Ans-The factors that should be taken into account while identifying the demand for nano car in
malaysia are as follows :-
PRICE-price should be fixed according to the income level of the majority of the population in malaysia .
PLACE-which would be the preferable place to hit for profitable results .
TASTE AND PREFERANCES-considering the taste and preferences of the majorityb of the people in malaysia .
COMPETITION IN MARKET-analysing the market well to find out if there z any competition .
PREFERENCE OF PETROL OVER DIESEL OR VICE-VERSA-to check what the people over there prefer .
GLOBAL COFFEE TRADE
Ques. Can supply and demand be overruled by a suitably designed international organization, or is an organization like the International Coffee Organization doomed to failure?
Ans. Following are the reasons:
If price falls,exit should be there of existing firms
Close substitutes should be dere in case of price increase
Improvement in technology
Fair trade
Pay and working conditions for farmers
Basics of Economics
Submitted to:
Ms. Deepa Bhaskaran
Submitted By:
Sahil Bansal
Venkat Batra
Saurabh Satija
Ravikant Gupta
NANO CASE
Q-1 Identify target market for nano ?
Ans- The target market for nano would be
The group of people that belongs th the lower-middle class that earlier could not have thought of a car .
Higher-midle class group as well who already owe a car but want to or might be interested in buying another car but cant afford other expensive car .
The group of people who would certainly interested into having a compact car .
Q-2 What all factors should be taken in a account while identifying the demand for nano cars in malaysia ?
Ans-The factors that should be taken into account while identifying the demand for nano car in
malaysia are as follows :-
PRICE-price should be fixed according to the income level of the majority of the population in malaysia .
PLACE-which would be the preferable place to hit for profitable results .
TASTE AND PREFERANCES-considering the taste and preferences of the majorityb of the people in malaysia .
COMPETITION IN MARKET-analysing the market well to find out if there z any competition .
PREFERENCE OF PETROL OVER DIESEL OR VICE-VERSA-to check what the people over there prefer .
GLOBAL COFFEE TRADE
Ques. Can supply and demand be overruled by a suitably designed international organization, or is an organization like the International Coffee Organization doomed to failure?
Ans. Following are the reasons:
If price falls,exit should be there of existing firms
Close substitutes should be dere in case of price increase
Improvement in technology
Fair trade
Pay and working conditions for farmers