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. Neha has just completed her MBA and joined a startup company. The company wasplanning to launch a new product in the market so the management wanted tounderstand the different factors that can impact the demand and supply of theirproducts in the market. Help Neha to prepare a report on the factors impacting demandand supply of products in the market. |
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Answer» Hello there, Following are the FACTORS that might effect the demand and supply and MUST be KEPT in mind before launching a product in a new market The buying power of the market. Similar PRODUCTS in the market and their sales. Price competition among similar products. Selling points of the market. Market analysis Buying patterns and behaviours of the people. The demand of the people in terms of that particular product. I hope the answer is helpful. Thanks |
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