Edzy
Single Answer MCQ
Q-00045596

What can small producers do to adapt to globalisation?

1

Focus only on local markets

2

Improve efficiency and product quality

3

Avoid competition with MNCs

4

Set lower prices without changes in quality

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Improve efficiency and product quality

Solution:

Small producers can improve efficiency and product quality to compete effectively against larger MNCs and take advantage of globalisation.

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