Consumer Price Index Consumer Price Index (CPI) in India comprises multiple series classified based on different economic groups. There are four series 1. CPI UNME (Urban Non-Manual Employee) 2. CPI AL (Agricultural Labourer) 3. CPI RL (Rural Labourer) 4. CPI IW (Industrial Worker) Central Statistical Organization is responsible for calculating and publishing the CPI UNME series‚ while Department of Labour is for others CPI indexes. All above CPI’s are calculated based on the base
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purchasing relatively more expensive goods. This is the substitution effect. Both effects imply that the quantity of raisins demanded will rise as the price of raisins falls. 4. Using indifference curves and budget constraints‚ explain how a consumer maximizes utility. Show how
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According to www.business-standard.com Article Chik mate by Gouri Shukla / Mumbai June 3‚ 2003 “Chik has become the second-largest shampoo brand — after fast-moving consumer goods giant Hindustan Lever Limited’s (HLL) Clinic Plus — in volume terms.” As per www.moneycontrol.com‚ “The shampoo sachet‚ which unlocked instant consumer recognition and cult-brand status for the company‚ today makes up almost 75% of shampoo sales in India. It may not be a premium brand yet‚ but Cavin Care ’s Chik shampoo
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Aqualisa Quartz: Case Study 1. What is the Quartz value proposition to plumbers? What is Aqualisa Quartz value proposition to consumers? The value proposition of Aqualisa Quartz to plumbers is that it is easy to install; it is more profitable because they are able to do more installations. Because the installation process is less complicated‚ it takes less time to install (only half a day compared to 2 days previously). This gives plumbers the opportunity to install more units and capture
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affecting Consumer Behaviour: Consumer behaviour refers to the selection‚ purchase and consumption of goods and services for the satisfaction of their wants. There are different processes involved in the consumer behavior. Initially the consumer tries to find what commodities he would like to consume‚ then he selects only those commodities that promise greater utility. After selecting the commodities‚ the consumer makes an estimate of the available money which he can spend. Lastly‚ the consumer analyzes
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Consumer behavior towards the new packaging of FMCG products. The importance of packaging design as a vehicle for communication and branding is growing in competitive markets for packaged FMCG products. This research utilized a focus group methodology to understand consumer behavior toward such products. The challenge for researchers is to integrate packaging into an effective purchasing decision model‚ by understanding Consumer’s behavior towards the packaging of FMCG products. When consumers search
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FAMILY INFLUENCE ON CONSUMER HOME APPLIАNCES PURCHASING BEHAVIOR: AN EMPIRICAL STUDY IN DHAKA CITY Thesis Proposal On FAMILY INFLUENCE ON CONSUMER HOME APPLIАNCES PURCHASING BEHAVIOR: AN EMPIRICAL STUDY IN DHAKA CITY. Table of Content Content | Page | 1.0 Introduction | 4 | 1.1 Background of the study | 4 | 1.2 Rational of the study | 5 | 1.3 Scope and objectives | 5 | 1.4 Research questions | 6 | 1.5 Hypotheses | 7 | 2.0 Methodology | 9 | 2.1 Research
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their marketing strategy but not their pricing. The three options they are facing are to target consumers‚ do-it-yourselfers‚ or developers directly. While each of these options have pros and cons‚ we are recommending that the Quartz product be marketed directly to premium consumers‚ as well as directly to the consultants they will be advised by while shopping various high-end showrooms. While Aqualisa is a relatively small company‚ it has invested a great deal of time (three years of development)
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! Aqualisa Quartz: Simply a Better Shower HBS Case for Marketing for Managers Course ! ! 1. Situation Analysis 1.1. Customers Shower buyers mainly fall into one of the three pricing segments: • Premium segment: They buy in showrooms‚ value high performance and service‚ and also style is an important selection determinant. • Standard segment: They emphasize performance and service‚ and usually rely on independent plumber to recommend or select a product for them • Value segment : They
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Market Research Reports‚ MarketReportsStore.com publishes report on “Consumer Trends Analysis: Understanding Consumer Trends and Drivers of Behavior in the Brazilian Savory Snacks Food Market”. Summary Understanding Consumer Trends and Drivers of Behavior in the Brazilian Savory Snacks Food Market provides an overview of the market‚ analyzing market data‚ demographic consumption patterns within the category‚ and the key consumer trends driving consumption. The report highlights innovative new product
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