Indian is an intensive and potential market. India has about 17 million households—or 90 millionpeople that belong to the country’s middle class, earning between $4,500 and $22,000 annually.Another 287 million are “aspirers,” those that hope to join the middle class. Their householdincome is between $2,000 and $4,500. Besides that, the Indian target customers are so sensitiveabout the price of microwave. It is thus irrefutable that the medium quality microwaves whichare sold as the low price will be attractive to many customers and the company sales will steadilygrow up because of the good value of microwave products. According to given content, ourcompany is international company, so we think that we have good financial sates to maintainabove policy. Because Indian is highly potential market, so we believe that company will gethigh profit in the future.High Medium LowHigh Premium Over charging Rip-offMedium High value Average False economicLow Super Value Good Value Economic7/ What is trade discount and cash discount for?
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