International Consumer Packaged Goodscompany that believes that your home country is an excellent target market for thelaunch of a new personal skincare product for women.The product's general formulation contains moisturizing, and SPF properties, it couldalso be adapted to contain skin lightening or darkening properties.Target market is Chennai, Tamil nadu, india

Ideull assignment 5 1: Due Il'l WEIR a [I'm I'I'Idlyj Your task is to develop an analysis and prepare a written report on the following parameters: Y Port: A: You should examine the new market by discussing how attractive it is to launch this new skin care product by providing relevant insights and information on the 2 oftho 4 categories below: ' Material Culture Technology the techniques and "knowhouf' of producing material goods; Economics - 'le employment of capabilities and the results. 0 Social Institutions - Social organizations family life, status, age. Education - literacy and intelligence and how informed the public is. Political structures - control over business. I Belief systems what are they and how do they affect product and promotional acceptance? ' Aesthetics - Graphic and plastic arts degree of modernization. Folklore superstition, tradition, etc. Music, drama, and dance promotional possibilities. Part B: The report must have a supported conclusion to enter the market or not including, a description of the target market and any product adaptations (or changes to the product] that the company would have to make