Sidhu's Predicament: Case Study
Kidiyoor, Gururaj (2012) Sidhu's Predicament: Case Study. Adarsh Journal of Management Research, 5 (1). pp. 68-71.
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Abstract
It was quite some time since Sidhu and his wife were considering buying a new vehicle. They lived, with their four-year old son Ramu, in Sidhu’s ancestral house, 10 km away from his place of work. Sidhu worked in a private company and Uma was a home-maker. Sidhu earned around ‘4.50 lakhs gross per year. This included his salary plus a rental income of ‘80000 from a property Sidhu owned (currently occupied by a bank.) Immediately after his wedding in 2002, Sidhu had purchased a geared motorbike which cost him ‘50000 on road. He had made a cash purchase of the bike at that time. He had used this bike extensively till 2008. In August 2008 Sidhu purchased a car that cost him close to ‘3.00 lakhs on road. He borrowed from a bank near his office on a 5 year EMI plan that came to ‘5575 per month. After he came to own a car he hardly used his bike. The condition of the bike deteriorated a bit due to poor maintenance and infrequent usage.
Item Type: | Article |
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Uncontrolled Keywords: | Equated Monthly Installments; |
Subjects: | Marketing > Brand Management |
Divisions: | Marketing Management |
Depositing User: | Mr. Muralidhara D |
Date Deposited: | 24 Sep 2018 10:00 |
Last Modified: | 23 Jan 2019 11:57 |
URI: | http://tapmi.informaticsglobal.com/id/eprint/147 |
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