In the modern world, proper adversing helps to accelerate product turnover and India is no exception. Of late, advertising has helped a lot and has become part and parcel of Indian business life. It is only through advertising that even a mediocore commodity can be judiciously marketed. Sales fluctuate when business houses do not bother to spend on advertising.
by givig money
advertising is a sub system of economic system of nation. advertising in the developing countries like india, plays an important role in economy. Advertising has various positive and negative economic aspects. POSITIVE ASPECTS A) Effect on costs 1. Effect on production cost 2. Effect on distribution cost 3. Effect on prices B)Effect on demand C)Effect on Competition D)Effect on consumer choice E)Effect on Business cycles F)Effect on Nation income G)Effect on Employment Positive Social Effects 1. Information 2. Material Utilities 3. Production 4. Consumption 5. Socio-Economic Welfare
Macroeconomic problems in India's economy can have an effect on all nations. When India has a large budget deficit it causes financial difficulties that effect all nations.
There will be a profound pressure on the Indian fiscal resources and FOREX reserves in the depleting economy as a micro impact. The pressures on India will also be fairly evident in the the receding global economy.
What is the impact of budget on th Indian economy?
Why is the Indian economy considered 'a great paradox'
Implications of Foreign Direct Investment in Indian Economy
The bad effects of the privatisation of Indian economy are as follows : 1. the company would run out of governments hand. 2. reduction in the control. 3.the objective of the company would divert from social obligation to profit motive.
Advertising convinced consumers that they needed new products.
I know one Indian Advertising Agency name Glimmerize.com, they are working in New Delhi...you can visit there website at Glimmerize.com
what is wto ? n wat is his impact on Indian economy?
Check out the related link on LIC's role in the Indian economy.