Thursday, 8 May 2014

Types of Demand

Types of Demand

There are three types of Demand
  1.  Effective demand: Customer financially sound and customer want product.
  2. Potential demand:  Customer financially sound but customer don't want product.
  3. Latent demand:      Customer not financially sound and customer want our product.
Loans, help to convert Latent demand to Effective demand 


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