prominent large scale industries in the india present position problem and suggestion of iron and steel, cement, cotton textile, sugar, and jute indudtries
Answers
Answer:
Large scale industries are those industries whose production capability is very large. So any short fall of demand afect those industries in a very bad way. Even the large scale industries need a very lage amaunt of input. So any scarcity of input may create hazard on the production of those companies.
Toal production process of those companies is not flexible i.e they can not jump one type of production to the anather type of production. So if any cause of diseconomy may shut down the total production process.
For tackling those type of situation company introduce flexible wage rate system, and total production process should be flexible.Introduce research team to analyse the future market, invention of new technologies etc.
Explanation: