Answer to Question #287011 in Marketing for Peggy

Question

Explain three factors that had a negative impact on the financial performance of Unibic in its early years.

Answer 1

Lower consumption demand- the product were not in a demand like before, this reduced the company's income.

Contraction in manufacturing activity- when real gross domestic product (GDP)—the most-watched indicator of economic activity—has declined for two or more consecutive quarters, then a recession has occurred.

Lack of Efficiency in Reading the Selling Scenario As consumers are getting empowered by technology, FMCG market is witnessing a persist decline in sales.