Q. 155.0( 5 Votes )

How can we compete in the international market in manufacturing?

Answer :

Efficiency and competitiveness are the keys to compete in the manufacturing sector in this era of globalization.

To boost the economy, it is important to export as well as import the goods; only either way would do not bear profit. To trade in the international market, the quality of the product must be better than others. This requires efficiency in the production sector.

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