Impact of demonetization and gst on marketing strategy of firm
Answers
Answer:
Now that the GST has become a reality, the business world in India needs to redeem itself and chart a new path of development, wealth creation and equitable distribution, sustainable growth and world class quality. The challenges confronting the Indian business community are far more multifarious than ever before. Just imagine the western business world has had an uninterrupted run of free enterprise over the last 100 years which has seen unbridled growth without the fetters of sustainability, conservation, environmental pollution and so on. These new factors, which are the results of the damages done by the huge consumption and growth, and which have made the cost of doing business a lot more than what it was before, have started affecting adversely the cost of doing business only in the last 10 to 15 years or so. And now the Indian industry will have to bear the full brunt of this increase.