EIC Analysis
E.I.C. Analysis
Of
Ruchi Soya Industries Limited
Contents
1. Introduction to E.I.C.
2. Economic Analysis of Ruchi Soya Industries Limited
3. Industry Analysis of Ruchi Soya Industries Limited
4. Company Analysis of Ruchi Soya Industries Limited
5. References
Introduction
1. Economic Analysis
A systematic approach to determine the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assuptions and constraints. It takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the pivate and social costs and benefits of a project to the community or economy.
All countries face the problem of allocating limited resources such as capital, skilled and unskilled labour, land and other natural resources to a variety of different uses such as production of consumer good, investment in industry, infrastructure, education, health, etc. with an aim to reach a more fundamental goal of reducing poverty, accelerating economic growth, and/or reducing income inequalities. Given limited resources, choices have to be made between alternative uses of these resources such that the benefit to the economy and society is as large as possible. Therefore every industry, every company must meet certain selection criteria, including economic justification.
2. Industry Analysis
A market assessment tool designed to provide a business with an idea of the complexity of a particular industry. It involves reviewing the political, economic and market factors that influence the way an industry develops. Major factors can include the power wielded by suppliers and buyers, the condition of competitors, and the likelihood of new market entrants. It is a market strategy tool used by businesses to determine if they want to enter a product or a service market. Company management must carefully analyse several aspects of the industry to
Of
Ruchi Soya Industries Limited
Contents
1. Introduction to E.I.C.
2. Economic Analysis of Ruchi Soya Industries Limited
3. Industry Analysis of Ruchi Soya Industries Limited
4. Company Analysis of Ruchi Soya Industries Limited
5. References
Introduction
1. Economic Analysis
A systematic approach to determine the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assuptions and constraints. It takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the pivate and social costs and benefits of a project to the community or economy.
All countries face the problem of allocating limited resources such as capital, skilled and unskilled labour, land and other natural resources to a variety of different uses such as production of consumer good, investment in industry, infrastructure, education, health, etc. with an aim to reach a more fundamental goal of reducing poverty, accelerating economic growth, and/or reducing income inequalities. Given limited resources, choices have to be made between alternative uses of these resources such that the benefit to the economy and society is as large as possible. Therefore every industry, every company must meet certain selection criteria, including economic justification.
2. Industry Analysis
A market assessment tool designed to provide a business with an idea of the complexity of a particular industry. It involves reviewing the political, economic and market factors that influence the way an industry develops. Major factors can include the power wielded by suppliers and buyers, the condition of competitors, and the likelihood of new market entrants. It is a market strategy tool used by businesses to determine if they want to enter a product or a service market. Company management must carefully analyse several aspects of the industry to