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If there is a sudden fall/raise of your product price in the market, what will be your action plan?

If price rabitly slash down, you can not sell because paid high price for raw material. On the other hand, for sudden hike, you can sell the stock but you can not procure high priced raw material. In both cases, the production flow will get struck. What will you do?

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Question added by Paramasivan S , Chief General Manager , Romaa Group of Companies
Date Posted: 2014/10/11
Jonathan Jiwanmall
by Jonathan Jiwanmall , Accountant , Tariq & Brother's Company

Its not a problem. So what if price falls down. Simply sell out your product without getting the profit. As we all knows that if we make a product of Rs.50 we will sell at Rs.70 or more then it. Suppose your product price falls down by Rs.5 ot by Rs.10 it will effect your profit but over all you will be in profit. Sell out your product if you think that the price will goes down more.

Dont wast your time for waiting the price rising. Dont stop your production.

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