Factors affecting demand and supply of electronics industry
Analysis of demand and supply of floor expo
1. Analysis of Demand andAnalysis of Demand and
Supply of Floor ExpoSupply of Floor Expo
2. Floor ExpoFloor Expo
Found in 1989, it supplies with theFound in 1989, it supplies with the
best quality flooring and otherbest quality flooring and other
supplementary productssupplementary products
Floor Expo represents qualityFloor Expo represents quality
brands from al over the worldbrands from al over the world
5. Consumer’s IncomeConsumer’s Income
The increase in consumer’s income willThe increase in consumer’s income will
increase the demand for laminatedincrease the demand for laminated
parquet floorig as the buyer has moreparquet floorig as the buyer has more
money and can easily afford itmoney and can easily afford it
Decrease in consumer income willDecrease in consumer income will
decrease the demand for the product asdecrease the demand for the product as
consumer has less money now andconsumer has less money now and
cannot afford itcannot afford it
6. Price of competing servicePrice of competing service
If the price of laminated parquet of anotherIf the price of laminated parquet of another
company in the industry increases, morecompany in the industry increases, more
people will come and buy material frompeople will come and buy material from
Floor Expo because of their lower price.Floor Expo because of their lower price.
Demand will increase.Demand will increase.
If the price of competitors decrease,If the price of competitors decrease,
customer will go to them and demand forcustomer will go to them and demand for
Floor Expo product will decrease.Floor Expo product will decrease.
7. Shift in Demand CurveShift in Demand Curve
Increasein Demand Decrease in DemandIncreasein Demand Decrease in Demand
8. Shift in Supply CurveShift in Supply Curve
Increase in Supply Decrease in SupplyIncrease in Supply Decrease in Supply
9. Number of ConsumersNumber of Consumers
If the population of consumer increases,If the population of consumer increases,
demand will also increasedemand will also increase
If the population decreases, demand willIf the population decreases, demand will
also decrease.also decrease.
10. TechnologyTechnology Better technology will make things easierBetter technology will make things easier
and more efficient. The outcome of theand more efficient. The outcome of the
company will be better and will reduce thecompany will be better and will reduce the
cost and time and increase the supply.cost and time and increase the supply.
Not using technology will make theNot using technology will make the
company slow and supply will alsocompany slow and supply will also
decrease.decrease.
ForkliftForklift
EquipmentEquipment
11. If there are more companies in the industryIf there are more companies in the industry
offering the same services, Floor Expo willoffering the same services, Floor Expo will
lose its demand.lose its demand.
If companies eave the industry people will notIf companies eave the industry people will not
have any choice and they will buy fromhave any choice and they will buy from
Floor Expo increasing their demand.Floor Expo increasing their demand.
Number of competitorsNumber of competitors
12. Cost of ProductionCost of Production
Lets say price of the raw material is costLets say price of the raw material is cost
determining factor. If the cost of productdetermining factor. If the cost of product
decreases, supply of the company willdecreases, supply of the company will
increase.increase.
If the cost of raw material from the supplierIf the cost of raw material from the supplier
increases the supply of Floor Expo willincreases the supply of Floor Expo will
decrease.decrease.
13. MarketingMarketing
Marketing will increase the demand ofMarketing will increase the demand of
parquet.parquet.
No investment in marketing will decreaseNo investment in marketing will decrease
the demandthe demand