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Assignment: Harvard Business Case Write-Up- Managerial Economics
Read Harvard Business Case - Maruti Suzuki India Limited - Sustaining Profitability and answer the questions below in detail:
Question A. What are the challenges and opportunities for car manufacturers in the Indian Market? (Perform a SWOT analysis)
Question B. What is a price war? How would you describe the price war in the passenger car industry in India? (Discuss the kind of market this company is facing)
Question C. Why have prices remained sticky for entry-level cars in the Indian market?
Question D. How are cross elasticity and income elasticity relevant to Maruti's managerial decisions?
Question E. What role does inflation play in expanding the market base in a sticky-price model?
Question F. Where do economies of scale for Maruti come from?
Question G. How can Maruti sustain its profitability in the future?
Why is the number "1" added to each rate in the average annualized compounded return formulas?
The Purchasing Cycle, illustrates four basic steps: origination and notification of need; finding a source or supplier; issue of purchase order and follow up; and completion - receipt payment for the subject matter of the cycle.
What recommendations can you make in terms of distribution decisions that may improve business success? identify all areas where the product or service is sold.
What kinds of decisions can you make from the data, or what recommendations can you make to improve the business, process, etc. that is presented in the spreads
1. how could administrative technical and physical controls introduce a false sense of security?2. what are the
Cultural variables: Analyze the cultural dimensions that are relevant to the products and services and you should be able to provide a rationale why the product should be accepted in the country market
Identify and explain the firm's market entry approach. Identify and discuss macro factors which, might force firm to reposition and redefine strategic approach
Does the marketing department has to be aligned with the other things that the organization is doing
What is your opinion about the marketing profession? What is your opinion about the general perception of needs and wants among consumers and marketers
Topic: Marketing- customer services - Identifying and defining customer service today and the role of technology
Discuss the new-product development process. Which stage in the process do you think is most important in increasing the chance of product success?
Select and analyze an article on this case. What is the purpose of a firm testing DNA? Give your opinion of whether this is ethical or legal? Do you agree or disagree with it? Can it sometimes be justified? There is also a privacy issue here given..
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