7. ITC has diversified presence in:
Cigarettes
Hotels
Packaging
Personal care
Agri-based business
Branded apparel
Safety matches
Greeting cards
8. Main objective was to compete effectively
with players who are already there. Hence,
it launched direct frontal attack by
introducing similar priced product.
ITC already enjoyed advantages over
competitors through e-choupal initiative.
This also facilitate timely supply of raw
material.
ITC’s printing and packaging business also
leads to high quality, cost effective and
innovative products.
9. The company dose not raise the price of its
most selling brand(Gold Flake (S)) so that it can
get max market share and earn money on its
premium brands(Insignia).
The cost structure of the company plays a
major role in determining the prices the various
stages and the companies cost structure is as
follows:- Fixed Cost(Plant operations)
.69% &Variable (manufacturing , packaging
etc. 99.31%)
Further on the company cannot afford to raise
its mark-up due to the presence of intense
competition.
10. Cost of raw material is same for every
industry
Logistics
Labor
Larger the Quantity lower the production
cost
Target market
Brand value
Government policy
11. Form of market
Whole sales
supply chain
compititors
12. Study of market
Cost calculation
Production expenses
Channel of supply
Brand value