Demand and supply
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This document discusses the determinants of demand and supply for the IT industry. It identifies key demand determinants such as the prices of competitors, customer trust and preferences, and disposable income. Supply determinants mentioned include business objectives, production costs, seller expectations, technology advancement, and taxes/subsidies. The document also discusses the impact of COVID-19 on the IT industry, noting disruptions to supply chains and increased demand for cloud, networking, and software.
Demand and supply
- 1. Determinants of Demand & Supply Of IT Industry Presented by :Group-2 Aakash Saroha (20DM002) Aditya Agrawal (20DM008) Akash Agarwal (20DM015) Aman Agarwal (20DM023) Anand Soni (20DM030) Anushree Sarkar (20DM037) Guided By: Dr. Pooja Mishra & Dr. Jagadish Shettigar
- 2. Demand Determinants Price of Competitors: Price(Wipro) Q.D. (Wipro) (A) (B) Q1 Q0 Due to Dec. in price of TCS Price of Service & Product Lets reduce the price, to increase the sale.. P0 Y X
- 3. Customer Trust & Preference: Disposable Income Of Customer: (Disposable income) (Q.D.) Worlds Most Ethical Company2020: Wipro given by Ethisphere institute (C) (D) X Y
- 4. Geographical Factors: IT capital of India Bengaluru (E)
- 5. Supply Determinants Business Objective: (A) EXPANSION Production Cost of Good & Services: (B) S1S2 (Price) (Quan. Supplied) P2 P1 Q2 Q1 Prod. cost X Y
- 6. Supply Determinants Sellers Expectations:Technology Advancement: (C) (D) Possibility of Inc. in Price, Lets hold supply
- 8. IMPACT OF COVID-19 ON INFORMATION TECHNOLOGY Disruption in supply of raw material. Increase in the use of cloud infrastructure service. Increase in demand of networking equipment & usage of software. Look at the economic activity, Worse than what you have seen in 2008, So, clients are not going to increase spending or even maintain the current spending. V. Balakrishnan (CFO of INFOSYS)
- 9. ||THANK YOU|| Reference & Sources: https://en.wikipedia.org https://www.wipro.com Ethisphere.com https://en.wikipedia.org/wiki/Subsidy https://www.hindustantimes.com https://www2.deloitte.com www.economiconline.co.uk