,,
Cost Analysis:
The cost of living in Nepal is 100 Nepalese rupees or $1.15 per day which is very low. There are different class of income earnings in Nepal. A low income earning is around 100-500 rupees per day or $1.24-$6.18 Canadian dollars. These jobs are housekeeping and manual construction. Middle income jobs are waiters, taxi drivers, teachers and government workers. Their income ranges from 100 rupees a day to 20,000 rupees per month or $1.24- 247.03 in Canadian dollars. Lastly, examples of upper income job are government jobs, bank manager and engineers making 45000-100000+ rupees per month or 555-1235 per month (Dave, 2013). Some farmers in the rural sections of Nepal have no money or income and live solely off the land for food, clothing and shelter. All in all, Nepal is a very poor country and there is not much potential for incubators as they are expensive and few families and corporations will be able to afford the product. Using a medium-sized egg incubator that can hold 48 eggs costs $191.40 Canadian dollars or 15,542.93 Nepalese rupees along with the shipping costs for Canada to Nepal which averages $3,010 Canadian dollars or 234,691 Nepalese rupees. A shipping container can hold approximately 12 egg incubators at a time and 3 crates would be shipped which would bring the total shipping cost up to $9,030. In order for an average family to buy this product, the cost of shipping must be lowered.
References
Dave, 2013. How much money does a person form Nepal earn or make in a day? The longest
way [online] Available from http://www.thelongestwayhome.com/blog/nepal/how-much-money-does-a-person-from-nepal-earn/(accessed 21 November 2016)
Cost Analysis:
The cost of living in Nepal is 100 Nepalese rupees or $1.15 per day which is very low. There are different class of income earnings in Nepal. A low income earning is around 100-500 rupees per day or $1.24-$6.18 Canadian dollars. These jobs are housekeeping and manual construction. Middle income jobs are waiters, taxi drivers, teachers and government workers. Their income ranges from 100 rupees a day to 20,000 rupees per month or $1.24- 247.03 in Canadian dollars. Lastly, examples of upper income job are government jobs, bank manager and engineers making 45000-100000+ rupees per month or 555-1235 per month (Dave, 2013). Some farmers in the rural sections of Nepal have no money or income and live solely off the land for food, clothing and shelter. All in all, Nepal is a very poor country and there is not much potential for incubators as they are expensive and few families and corporations will be able to afford the product. Using a medium-sized egg incubator that can hold 48 eggs costs $191.40 Canadian dollars or 15,542.93 Nepalese rupees along with the shipping costs for Canada to Nepal which averages $3,010 Canadian dollars or 234,691 Nepalese rupees. A shipping container can hold approximately 12 egg incubators at a time and 3 crates would be shipped which would bring the total shipping cost up to $9,030. In order for an average family to buy this product, the cost of shipping must be lowered.
References
Dave, 2013. How much money does a person form Nepal earn or make in a day? The longest
way [online] Available from http://www.thelongestwayhome.com/blog/nepal/how-much-money-does-a-person-from-nepal-earn/(accessed 21 November 2016)