0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

Innovators Ltd. is doing business of manufacturing water purifier. It has already, been manufacturing water purifiers since last 10 years. Now it has come up with a latest innovation in the field of RO purifiers which will avoid wastage of water. It knows that there are many competitors in the field as Whirlpool, Aquaguard, Zero B, Kent, Eureka Forbes, LG, etc.
(i) Which value is adopted by the company?
(ii) Suggest which factors should it keep in mind while fixing the price of purifier.
(iii) Which channel of distribution should the company adopt?
(iv) Which is the most appropriate sales promotion methods for this.

Solution
Verified by Toppr

(i) Providing clean water
(ii)
(iii) Indirect
(iv) Rebate, Discount.

Was this answer helpful?
0
Similar Questions
Q1
Innovators Ltd. is doing business of manufacturing water purifier. It has already, been manufacturing water purifiers since last 10 years. Now it has come up with a latest innovation in the field of RO purifiers which will avoid wastage of water. It knows that there are many competitors in the field as Whirlpool, Aquaguard, Zero B, Kent, Eureka Forbes, LG, etc.
(i) Which value is adopted by the company?
(ii) Suggest which factors should it keep in mind while fixing the price of purifier.
(iii) Which channel of distribution should the company adopt?
(iv) Which is the most appropriate sales promotion methods for this.
View Solution
Q2
Adam is starting a new company of manufacturing bottled water on a large scale. Which among the following methods should he adopt for purifying the water?
View Solution
Q3
A company has its registered office in Delhi, manufacturing unit at Gurgaon and marketing and sales department at Faridabad. The company manufactures the consumer products. Which type of organisational structure should it adopt to achieve its target?
View Solution
Q4
Long Answer Questions:
A company has its registered office in Delhi, manufacturing unit in Gurgaon and marketing and sales department in Faridabad. The company manufactures consumer products. Which type of policy should it adopt to achieve the target?
View Solution
Q5

The court passed an order that all schools must have water purifier for the school children as

(i) Society in general is more concerned about quality of life.

(ii) Innovative techniques are being developed to manufacture water purifier at competitive rates.

(iii) Incomes are rising and children at home are also drinking purified water.

(iv) The government is also showing positive attitude towards the water purifier business.

Identify the different dimensions of business environment by quoting from the above details.

View Solution