Choose aproduct(NOT A SERVICE) that you feel is marketable and profitable in India. Discuss why you chose thisproduct? Is theproductsomething the consumers in India want or need? Can they afford it...

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Choose aproduct(NOT A SERVICE) that you feel is marketable and profitable in India. Discuss why you chose thisproduct? Is theproductsomething the consumers in India want or need? Can they afford it (take into consideration the country’s PPP, GNI, and GDP)? Is there a competitor that already producesthat product or a similar product? Why would the consumer choose yourproductover a product that is already available to them (if it is already available)? Can you afford to provide thatproductand still make a profit (consider the cost to provide theproductas well as the overhead, advertising, taxes, etc. that would be required)? Are the skills available to make or provide thatproduct? Are the resources to manufacture or import the materials to produce theproductavailable? Would you have to import anything, and if so, what are the import and customs fees? State how will you determine the answer to all these questions and what sources of information you used? Cite your references.
Answered 1 days AfterJun 22, 2022

Answer To: Choose aproduct(NOT A SERVICE) that you feel is marketable and profitable in India. Discuss why you...

Shubham answered on Jun 23 2022
14 Votes
Running Head: MANAGEMENT                                1
MANAGEMENT                                        3
MANAGEMENT
Product: Liquid Cationic Monom
e
The product liquid Cationic monomer is also known as Quat 188. The product is normally not made in India and in high quantity is it imported. There is huge market and abundant demand for the same. Based on the income of people, this is easily affordable as well. This product is used in making modified starches, liquid detergent, fa
ic softener and not so common in India (Dow Chemicals, 2021). There are competitors who sell this product but there is none who manufactures it. The consumer will choose this...
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