Market Potential Case Study Example | Topics and Well Written Essays - 1000 words

Market Potential - Case Study Example The savings that arise from the 20% of the high income groups can then be used to facilitate the small scale businesses to develop in the rural areas, making them flourish and reducing the stark disparity between the two income classes. 2) With 65% of the population living in the rural areas, there is an opportunity to set up industries that can make the country self-sufficient in the creation of goods that it imports at present like iron, steel, telecommunication equipment etc. in this way the gap between exports and imports can be widened, improving the overall economy of the country. Rural areas can be honed to cultivate the lands by the use of locally developed modern machinery to cut down the imports of industrial inputs through backward integration. In this way new avenues can be utilized to improve the income distribution’s polarity. 3) With the HDI of 0.72 the country shows that the indicators are better and there is a potential of urbanizing the rural populations. This means that life expectancy, education and income levels are increasing in the country making people adopt a different mindset and have an increase in purchasing power. Thus, Shopping malls and brands could have a potential scope in the country and it wouldn’t be wrong to foresee a demand for such goods in the future. These brands could be developed locally as well; for example, one of the major exports of Serendib is shoes. If the focus is on creating and developing its own brand and then stepping into the international arena, there is a chance of leveraging out the lost income in form of provision of unbranded footwear to big brands abroad. 4) While the HDI of 0.72 indicates a good standard of living in the country, this can be seen as an opportunity to provide opportunities to the people. When there are adequate facilities and ample resources available, there is a scope for investment. Serendib can be profitable for technological business

Commercial Law Essay Example | Topics and Well Written Essays - 4000 words

Commercial Law - Essay Example According to the problem, Gill who had made hire-purchase contract with Bob’s Motors by exchanging her Ford Fiesta with Nissan Micra by overlooking her previously made contract with Universal Finance. Besides, the third problem in this case depicts the issue of serious engine fault in a second-hand Nissan 370Z sports car by Hussein after purchasing it from Bob’s Motors. Therefore, the study provides relevant advice to Hampshire Hire Ltd, Universal Finance Ltd and Joan along with Hussein on the basis of the case situation. The discussion of the study provides the claims that can be made by each party relating to the case and also ensures to demonstrate effective remedies that are available for the parties to claim their responsibilities. With reference to the problem associated with the case of Bob’s Motors Ltd., it has been ascertained that John, a key representative of the company (Bob’s Motors Ltd.) had entered into a valid contractual agreement with Hampshire Hire Ltd. for selling Nissan Note cars for  £13,000 each. According to the deal, Bob’s Motors is likely to deliver four new Nissan Note cars on 25th June 2014. In the similar context, Hampshire Hire has accepted the terms and conditions of the contract and agreed to carry the pre-ordered vehicles at his own risk. However, the transporter had undergone natural calamities that led all the pre-ordered Nissan Note cars by Hampshire Hire to explode. In this context, Bob’s Motors has denied to take the responsibility regarding the incident. Subsequently, it can be stated that the incident associated with the explosion of four Nissan Note cars during the delivery to Hampshire Hire occurred due to lightning. In relation to the concern associated with the case of Hampshire Hire, the occurrence of such unavoidable incident can be termed under the consideration of Force Majeure. According to Sale of Goods Act in English contract law, it