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According to assocham report, by the year 2020 the fmcg market is expected to bump up to 104 billion.
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Overview of fmcg sector fmcg is an acronym for fast emotional consumer goods, which refer to things that we steal from local supermarkets on daily base, the things that have high dollar volume & are comparatively cheaper.
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Fmcg sector is well thought out as ththe 4 major sector stylish the indian economic system with has Associate in Nursing predictable size of 1300 billion.
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This industry primarily includes the production, dispersion and marketing of consumer packaged goods, that i.
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What are fast moving consumer goods ( FMCG )?
Fast-moving consumer goods (FMCGs) comprise products that are bought frequently at a low cost in sectors such as food, health care, beauty and grooming. The single-use nature of most FMCGs means that they are thrown away regularly and sent to landfill or incinerated.
Which is a case study in the FMCG industry?
By collecting qualitative and quantitative data, a small case study has been conducted at a firm which is active in the FMCG sector. This study indicates that several determining factors influence the accuracy of the forecasts.
How to do an overview of FMCG sector?
Exploratory research design is used for conducting this study. provide brief overview of the sector and critically analyze it. thesis, reports, books, journals, periodicals and news papers. . These are non-durable prod- ucts which are sold in packaged forms.
How is deductive approach used in FMCG research?
For this particular research, the researcher used the deductive approach as the topic already has existing literature and there were certain behavioural trends that were meant to be investigated as the purpose of this research. Researcher has adapted deductive approach for testing the study hypotheses.
Last Update: Oct 2021
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This is despite fmcg still making ended 50% of itc's revenue.
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