How are small production units affected by raising competition smong producers in the international market
These are affected in many ways like:
Flood of foreign goods in markets at cheaper rates.
They cannot compete with the foreign brand tagged goods as people prefer tags .
They have no proper marketing strategies to attract costumers unlike foreign goods etc.
Flood of foreign goods in markets at cheaper rates.
They cannot compete with the foreign brand tagged goods as people prefer tags .
They have no proper marketing strategies to attract costumers unlike foreign goods etc.