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Question
A garment manufacturer in Gujarat produces T-shirts but faces challenges in selling the products due to a lack of transport and insufficient market knowledge. What commercial activities can resolve the hindrances faced by the manufacturer?
Very Long Answer
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Solution
- Transportation: The manufacturer can collaborate with transportation services to ensure that T-shirts are delivered efficiently to wholesalers or retailers. This would address the hindrance of place by ensuring products reach the market in a timely manner.
- Advertising: The manufacturer can use advertising to increase awareness of their products. By advertising through different channels like social media, local newspapers, or billboards, they can overcome the hindrance of knowledge and inform potential buyers about the availability and quality of the T-shirts.
- Market research and promotion: Conducting market research will help understand consumer preferences and trends, ensuring that the product meets market demand. Additionally, sales promotion activities like discounts, offers, or exhibitions can boost visibility and sales.
These activities will help the manufacturer improve distribution, awareness, and market reach, addressing both the lack of transport and insufficient market knowledge.
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Chapter 1: Introduction to Commercial Organisations - EXERCISES [Page 20]
