India has always been a very agrarian focused culture‚ with approximately 450 million people are currently in need of funds. Microfinance encompasses many different types of services such as credit‚ savings‚ insurance‚ remittance and pensions. Microfinance initiatives primarily focus on microcredit services because rural towns are heavily reliant on credit for a wide range of needs for example engage in economic activity‚ consumption needs‚ mitigate income shocks‚ increase savings and improve self-empowerment
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OLIGOPOLY A market structure dominated by a small number of large firms‚ selling either identical or differentiated products‚ and significant barriers to entry into the industry. This is one of four basic market structures. The other three are perfect competition‚ monopoly‚ and monopolistic competition. The three most important characteristics of oligopoly are: 1. An industry dominated by a small number of large firms 2. Firms sell either identical or differentiated products 3. The industry
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Nescafe has emerged as a world leader in the coffee industry and the word Nescafe’ has become almost synonymous to coffee. On an average around 3000 cups of Nescafe coffee are drunk every second all over the world. Nescafe is also the leader in India and has been quite successful in capturing a substantial market share over a period of time. The following report tries to captures the controllable and uncontrollable environmental factors with respect to the brand Nescafe‚ as per the following
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Corruption in India Andrew Sanchez T he momentum of last year’s hunger strike by the anti-corruption campaigner Kisan ‘Anna’ Hazare currently sees India’s parliament wrestling with the formation of a national corruption ombudsman. Hazare’s campaign rests upon the proposition that the democratic ideals with which the Indian state was formed in 1947 are all too often subverted by the self-interest of public servants. Hazare’s supporters argue that this process has two primary effects. First‚ corruption
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Hello Friends. FDI in Retail sector: No I am not in the favor of FDI in retail. "Competition is always in the favor of consumers‚ monopolies not". 1. They adopt Predatory pricing strategy. Predatory pricing (also undercutting) is a pricing strategy where a product or service is set at a very low price‚ intending to drive competitors out of the market‚ or create barriers to entry for potential new competitors. How it works: Big brands like Wal-Mart‚ Tesco etc. Buys goods from
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Planning in India RICHARD S. ECKAUS MASSACHUSETTS INSTITUTE OF TECHNOLOGY introduction Indian planning is an open process. Much of the controversy and the debates that accompany the preparation of the plans are public. The initial aggregate calculations and assumptions are either explicitly stated or readily deducible‚ and the makers of the plans are not only sensitive but responsive to criticism and suggestions from a wide variety of na- tional and international sources. From original
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twenty-five years ago‚ our then Prime Minister Rajiv Gandhi had started to remind us that India is too early to reach Ikkisvi. We have twenty-first century. Where is the twenty-first century India‚ how‚ how is going to be‚ where to reach - it is a vivid theme. It will consider some aspects of it. Certainly in the new century is a lot of things were looking very bright. Than in the past twenty years or fifty years ahead of India is visible. Such revolutions are many. The computer revolution is under way. Mobile
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Caste (Oxford India Short Introductions). By SURINDER S. JODHKA. New Delhi: Oxford University Press‚ 2012. xvii‚ 201 pp. Rs 195 (paperback). Surinder S. Jodhka’s monograph Caste provides a concise yet very informative history of the complex reality of caste in India. At the same time‚ the author brings together all the major literature available on the issue into a single thread and thereby taking the reader through the timeline of the changing ideas of caste. Hence‚ the book‚ while newly engaging
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Marketing Planning - Fall Semester 2012/2013 Individual Case Answers LIFEBUOY IN INDIA: PRODUCT LIFE CYCLE STRATEGIES 1. How is the concept of PLC useful? The Product Life Cycle concept is useful in the sense that it is a way to managers think about the product and the market development‚ functioning as a tool for effective marketing strategy in understanding the behaviour of product on sales‚ profits‚ 4P’s of marketing and consumer approval. The concept of PLC forces managers to plan better
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structure. The advertising strategy will be studied with respect to Cadbury’s business and marketing objectives. The strategies adopted will be analyzed for each product offering. The same is followed to a minimal extent for its major competitor‚ Nestle India Limited‚ to get an understanding of where Cadbury stands. The report initially focuses on an examination of the industry environment and the product class. The report then goes on to analyse the corporate‚ marketing and advertising strategies adopted
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