Question

City is a product of the Chester company which is primarily in the Nano segment, but is also sold in another segment. Chester starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal this year over last. For this question assume that all 700 of units of City are sold in the Nano segment. If the competitive environment remains unchanged what will be the City product’s demand next year (in 000’s)?

Answer 1

Answer:

700 units

Explanation:

Since it is given that the 700 units if city are sold to the nano segment and it is also mentioned that the competitive environment remains unchanged so the city demand of the product for the next year is also remains same as there is no change in the competitive environment

Hence, the demand fro the product in the next year is 700 units