Single Answer MCQ
Q-00044309
What is a key challenge for the manufacturing industry in globalization?
1
Limited access to raw materials
2
Quality competition in international markets
3
Surplus labor supply
4
Lack of technological advancement
Answer and Solution
Answer
B. Quality competition in international markets
Solution:
Countries must ensure their manufactured goods meet international quality standards to compete effectively. The other challenges are less relevant in this context.
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