Question

2. In the competitive business environment, there is a lot of strategic pressure on established
companies to compete with the cheaper substitutes as well as maintain quality at the same
time. Also there is a recent trend amongst consumers for "first copy/ duplicates" of branded
products. Why do you think that these so called "Chinese manufacturers" are able to make
products cheaper than most other products available? Also how do you think can competing
and maintaining quality be achievable for companies for original branded products like
Cadbury, Rayban, etc to tackle the other duplicate products?

Answer 1

Explanation:

the competitive business environment, there is a lot of strategic pressure on established

companies to compete with the cheaper substitutes as well as maintain quality at the same

time. Also there is a recent trend amongst consumers for "first copy/ duplicates" of branded

products. compete with the cheaper substitutes as well as maintain quality at the same

time. Also there is a recent trend amongst consumers for "first copy/ duplicates" of branded

products. Why do you think that these so called "Chinese manufacturers" are able to make

products cheaper.

Answer 2

In the competitive business environment, there is a lot of strategic pressure on established companies to compete with the cheaper substitutes as well as maintain quality at the same time. Also there is a recent trend amongst consumers for "first copy/ duplicates" of branded products

Explanation:

• China has a strong infrastructure to enable the large-scale development of numerous goods. Therefore, most Chinese firms buy in huge quantities raw materials and therefore lower finished goods prices. Nevertheless, due to its large population of people living at poverty level, labour is extremely abundant & cheap in the nation. More notably, competition between companies in the country is very strong, meaning that consumers are often searching for better alternatives that result in a lower price of goods for a competitive edge..
• Nevertheless, duplicates have a lower quality, apart from their poor texture and color, compared to original products, . Thus, businesses that manufacture original branded goods such as Rayban or Cadbury will benefit and maintain the consistency of their reproduction by promoting the purchasing of original items through various promotional mediums by introducing unique brand codes & colors and, ultimately, reminding them of the need to buy original products.

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