It's cheaper
There is rather increased demand for Indian art in India and abroad. With the evolution of ecommerce in India, arts and handicrafts are gaining popularity worldwide.
the answer is for the GROSS domestic product (rather than national domestic product as specified in the question. The terms are interchangeable) GDP is the total value of goods and services in a country over a period of time.
Tourism is generally considered a service. Tourism is not a physical product because you cannot take the environment home with you.
Consumers cast their dollar vote, meaning the more they buy of one product the more producers are going to produce of this product rather than others.
Market followers are companies that adapt and respond to the strategies of market leaders rather than innovating themselves. Examples include companies like PepsiCo, which often follows Coca-Cola’s lead in product launches and marketing strategies, and Samsung, which frequently adopts successful features from Apple’s devices. Additionally, many regional brands in various industries mimic the offerings of dominant players to capture a share of the market without taking significant risks.
Many companies manufacture their luxury brands abroad. This is due to the fact that the workers in other countries are willing to work for a lot less money than people in the US will.
Because you have to pay some companies in order to show them on television,so they'd rather just block them out then pay.
* service * merchandising or trading * manufacturing service companies- these are companies that do deal with tangible products, but rather provides some sort of service as its major operation. merchandising companies- are involved in selling of finished goods produced by other business. * wholesale merchandiser- is a company that buy its product from the manufacturer and then sells the product to the company that eventually sells it to the consumer. * retail merchandiser- is a company that buy its product from a wholesales or manufacturer and then sells the product to the end consumers. manufacturing companies- are involved in the conversion of raw material into some tangible,physical product.
Of course you can. You can save a lot of money buy purchasing a pre-owned luxury cars rather than a purchasing a luxury car brand new.
Building a subsidiary abroad from the ground up is called "greenfield investment." This approach involves establishing a new operation in a foreign country, including constructing facilities and recruiting employees, rather than acquiring an existing business. Greenfield investments allow companies to create a presence tailored to their specific needs and standards in a new market.
The difference between a luxury cottage and a normal cottage is the size. A luxury cottage is larger then a normal cottage, which is rather small. One can buy, rent, or take a vacation in either cottage.
Yes, the Audi a3 is considered to be a luxury automobile. It is very practical, relatively inexpensive, and rather small, but it still falls into that category.
Something that is an indulgence rather than a necessity. So- something you want, not that you need it.
Boat charter services are available to anyone who can afford them. In fact most of them would rather charter to an individual rather than rely on companies for business.
People would settle abroad if they are tired &/or bored of their original country.
Auditing is not inherently a luxury; rather, it is a critical process for ensuring compliance, accuracy, and accountability in financial reporting and operations. While some businesses may view it as an optional expense, for others—particularly in regulated industries or those seeking investment—auditing is an essential function that helps build trust with stakeholders. In this sense, it serves as a valuable investment rather than a luxury.
Demand