Identify and explain the impact of change in Industrial policy on business and industry. [a] With globalization many MNCs have established their offices in India. [b] Employees require continuous training to handle technological changes. [c] Companies have to constantly invest in R&D to update their products. [d] Companies before launch of their products, distribute free samples to get consumer’s feedback. [e] Nokia phones had to change their technology to meet market demand.
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option c) is correct
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