CBSE BOARD X, asked by Michelle15, 1 year ago

in what ways has competition affected workers ,Indian exporters and foreign MNCs in the garment industry


Michelle15: I need answers fast

Answers

Answered by ethan1
342
Talking about the garment industry which is one of the sought after industries(in India) and

1. Competition has affected the workers in terms of Skills. Due to competition there is a demamd for Skilled workers than Unskilled workers.
2. Indian exporters will get affected because competition will reduce the demand from other countries because the will get the same product at Low Cost.
3. MNC will face a huge threat due tp cut throat competition..

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Answered by eshantphatak9719
25

Explanation:

workers have lost their permanent jobs, faced with growing competition most employers prefer to employ workers flexibly . it means that jobs are no longer secure, wages are low and workers have to put in long hours of work

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