Managerial Economics Assignment on 'Demand and Supply' - Wheel Detergent

Managerial Economics Assignment On consume and Supply rove DETERGENT Authored By : Sanju Mathew GEORGE - 119278121 Hindustan Limited HUL is Indias largest FMCG smart set and is own by the Anglo-Dutch company, Uni open up which has a 52% majority plunk for in it. With over 35 brands spanning 20 distinct categories such as soaps, detergents, sh ampereoos, skin c ar, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the company is a part of the everyday life of millions of consumers across India. Its portfolio includes leadership plate brands such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Fair & Lovely, kittys, Vaseline, Lakmé, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Walls and Pureit. The Company has over 16,000 employees and has an one-year employee turnover of around Rs.19, 400 crores. Unilever has strong local root in more th an 100 countries across the globe with one-year gross revenue of about €44 billion in 2011. Wheel Launched in 1987 by Hindustan Unilever Limited, Wheel is Indias top detergent brand. Launched with the motive of catering to the rabble this detergent brand in India was an instant hit peculiarly with the Indias low income group.

Known for its in force(p) cleaning with least effort, this ware today is the countrys most astray used detergent brands both(prenominal) in urban as headspring as agrestic India. The introduction of wheel came as a welcome ancestor for the elimination of dirt especially from strenuous laundry homogeneous bed sheets, curtains blankets etc. This grow th was created specifically by Hindustan lev! er to counter Nirma, the low cost detergent, which had interpreted the ground outdoor(a) from surf, the top selling detergent at that age From HUL. Demand and Supply Demand refers to how much ( sum) of a product or wait on is desired by buyers. The quantity demanded is the amount of a authentic product people are willing to buy at a certain price, and...If you desire to get a honorable essay, order it on our website: OrderEssay.net

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