View Full Version : Defining the extent and scope of the market through regulatory affairs


LolyMing
11-16-2007, 03:39 AM
The main characteristics that determine the market for a particular commodity are the extent of demand and the adequate supply of the product. A commodity that has constant demand throughout the nation or the world has a wider market than the commodity that is demanded only by a section of the society, and that too only at a particular time of the year. Thus, the market is narrow for goods having limited or seasonal demand.

For example, the market for sugar is wider as it is consumed by all sections of the society than the market for millets, which is eaten only by the lower class people. The extent of the market is also limited to the supply of that particular product. If the demand is high and the supply is inadequate, the commodity will not be able to extend the scope of its market to newer areas.

Those commodities, which can be cheaply transported from one place to the other, are considered as portable. Goods like gold, silver, cloth, and precious stones are generally not very bulky and have large value in small amounts also. Thus, they are able to have a wider market as they can easily be transported than goods like sand, bricks, iron etc. which are transported with much difficulty and have a narrow market.

Regulatory affairs (http://www.regulatoryworld.com) experts will have to constantly interact with the management consultants to ensure a fair deal for the market forces. They will have to constantly watch the goings on in the market so as to analyse and identify the warning signals of an impending crisis much earlier. Through timely action much of the intractable market problems can the successfully tamed.

j67345
11-16-2007, 05:55 AM
So are you calling me lower class because I like to eat millets?! And you are better than me because you eat sugar?

And I think you are wrong...there is more than a narrow market for bricks!

chetrickerman
11-16-2007, 08:51 AM
Big Words!!! OMG, suddenly cant read!

stormyblu8
11-16-2007, 09:44 AM
Thanks for the econ lesson, but what's your point???

Rhawb
11-16-2007, 09:55 AM
Wordy "official sounding" email spam doesn't work quite so well on forums, does it?

Apostle
11-16-2007, 10:11 AM
I had to Wiki millet.....

Jethro Tull
11-17-2007, 02:50 AM
Makes poor sense. Reads like a machine translation.

I feed millet (among other seed & suet) to the wild birds that visit my yard in winter. It's grass seed.

Zio
11-17-2007, 03:49 AM
spam

No More Oldsmobiles
11-17-2007, 04:08 PM
I like millet pie.

Rhawb
11-17-2007, 10:22 PM
Makes poor sense. Reads like a machine translation.

I feed millet (among other seed & suet) to the wild birds that visit my yard in winter. It's grass seed.

It's not supposed to make sense, it's just supposed to look like a "real" email so it can get through filters...complete waste of time on an internet forum. Well, aside from giving us a reason to make fun of the lowlife tools who populate the spam community.

Jethro Tull
11-17-2007, 11:28 PM
You know, I wonder if the company that makes Spam, the spiced-ham meat product, is completely frustrated with internet advertising?