Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th

Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th
by

1 Answer

Answer :

Globalisation and greater competition have been advantageous to consumers:  1. The well-off sections of the society have access to highest international brands. For example, a person in India can buy the products of Nike, Louis Vitton etc. 2. There is a greater choice for the consumers in the market. For example, a person has local, national and international companies to choose from like in food products.  3. The competition encourages the producers to improve the quality to attract consumers. For example, Colgate explaining the nutrients present in the toothpaste to attract consumers. 4. The competition also lowers the prices of the products because consumers buy cheaper goods and companies would try to attract people by lowering prices. 5. Globalisation has improved the standards of living in a society. For example, a person using regular clothes can get specialized like sports gear easily because of companies like Reebok.
by

Related questions

“Globalisation and greater competition among producers has been advantageous to consumers.” -SST 10th

Description : “Globalisation and greater competition among producers has been advantageous to consumers.” -SST 10th

Last Answer : ' Globalisation and greater competition among producers has been advantageous to consumers: (i) Globalization and greater competition among producers both local and foreign has been of advantageous to consumers, ... in our markets is a recent phenomenon and has brought changes in lives of people.

Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Description : Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Last Answer : Globalisation and greater competition within the market have been of advantage to the consumers, particularly the well-off sections in the urban areas. 1. The consumers now enjoy the improved ... the financial ability of the people, thus, contributing to the overall development of the consumers.

‘Globalisation and competition among producers have been of advantage to the consumers.’ Give arguments in support of this statement. -SST 10th

Description : ‘Globalisation and competition among producers have been of advantage to the consumers.’ Give arguments in support of this statement. -SST 10th

Last Answer : (i) More choice for consumers : Globalisation and competition among producers has enabled the consumer to have a wide range of choice available in market. For example, ... improvement in information and communication technology like computers, internet, telephone including mobile phones etc.

“Globalisation and competition among producers has been of advantage to the consumers.” Give arguments in support of this statement. -SST 10th

Description : “Globalisation and competition among producers has been of advantage to the consumers.” Give arguments in support of this statement. -SST 10th

Last Answer : (i) There is greater choice available to the consumers in goods. (ii) The quality of goods has been improved. (iii) Prices of goods are lower. (iv) Consumers are now able to enjoy a better life.

“Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Description : “Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Last Answer : Globalisation and competition among producers, an advantage to consumers: . Globalisation and greater competition among producers, both local and foreign producers have been of advantage to consumers. . ... several products. . They enjoy much higher standards of living that was possible earlier.

Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Description : Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Last Answer : (i) Globalisation and competition among producers has enabled the consumer to have a wide range of choice available in market. For example, Chinese mobiles and Indian mobiles both ... in information and communication technology like computers, internet, telephone including mobile phones, etc.

Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Description : Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Last Answer : Globalisation has been advantageous for consumers and producers: 1. Consumers now enjoy numerous choices as well as better quality since it is now an international market. 2. Competition ... the Indian companies have themselves become MNCs themselves like Tata Motors, Infosys, and Ranbaxy.

‘‘Globalisation has been advantageous to consumers as well as to producers.’’ -SST 10th

Description : ‘‘Globalisation has been advantageous to consumers as well as to producers.’’ -SST 10th

Last Answer : Globalisation has been advantageous to producers in the following ways: (i) The producers now have access to the international markets. (ii) Globalisation has also enabled free movement of capital, i.e. ... MNCs as they have now larger choice in the goods that are available to them in the market.

Globalisation and competition among producers has been of advantages to the consumers -SST 10th

Description : Globalisation and competition among producers has been of advantages to the consumers -SST 10th

Last Answer : Indeed, Globalization and competition among producers has been and advantage to the consumers. This is because of the variety of products offered by various producers which acts as an advantage to the ... the prices of the goods tend to much be much lower in order to attract the consumers.

Competition is beneficial to the competing firms besides benefiting the ______? A. producers. B. intermediaries. C. finances. D. consumers

Description : Competition is beneficial to the competing firms besides benefiting the ______? A. producers. B. intermediaries. C. finances. D. consumers

Last Answer : D. consumers.

How do we participate in the market as producers and consumers? Explain with three examples. -SST 10th

Description : How do we participate in the market as producers and consumers? Explain with three examples. -SST 10th

Last Answer : We participate in the market both as producers and consumers. (i) As producers of goods and services we could be working in any of the sectors such as agriculture, industry, or services. (ii) Consumers ... for a timely loan. They could force small farmers to sell their land to pay back the loan.

What was the impact of globalisation on workers and small producers in India? -SST 10th

Description : What was the impact of globalisation on workers and small producers in India? -SST 10th

Last Answer : The impact of globalisation on workers and small producers in India is as follows: (i) Small-scale producers have been adversely affected by globalisation because they are not able to compete with ... wages and had to work for long hours on a regular basis without getting any employment benefits.

Describe the impact of globalisation on small producers. -SST 10th

Description : Describe the impact of globalisation on small producers. -SST 10th

Last Answer : (i) Globalisation encourages competition. Big industries and companies have been able to compete, but the small producers were hit badly. (ii) They could not stand the competition and had to shut down. Some ... a lot. (iii) Due to this, a lot of people lost their jobs and faced unemployment.

Which among the following is / are user / users of the outcome of the Marketing Research ?A.Consumers B.BusinessFirms C. Government D. Producers 1. Only A 2. Only A & B 3. A, B & D 4. All the above 5. None of these

Description : Which among the following is / are user / users of the outcome of the Marketing Research ? A.Consumers B.BusinessFirms C. Government D. Producers 1. Only A 2. Only A & B 3. A, B & D 4. All the above 5. None of these

Last Answer : All the above

Which among the following is/are user/users of the outcome of the Marketign Reserach ? A) Consumers B) Business Firms C) Government D) Producers 1. Only A 2. Only A & B 3. A, B & D 4. All the above 5. none of these

Description : Which among the following is/are user/users of the outcome of the Marketign Reserach ? A) Consumers B) Business Firms C) Government D) Producers 1. Only A 2. Only A & B 3. A, B & D 4. All the above 5. none of these

Last Answer : All the above

“The Ho Chi Minh Trail became advantageous to Vietnamese in the war against U.S.” Support the statement with arguments. -SST 10th

Description : “The Ho Chi Minh Trail became advantageous to Vietnamese in the war against U.S.” Support the statement with arguments. -SST 10th

Last Answer : The Ho Chi Minh Trail became advantages to Vietnamese in the war against US. . The trail symbolises how the Vietnamese used their limited resources to great advantages. . The trial, an ... to destroy this important supply live by intensive banking failed because they were rebuilt very quickly.

Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Description : Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Last Answer : . Several of the top Indian companies have been able to benefit from the increased competition. . They have invested in newer technology and production methods and raised their production ... Fastners (nuts and bolts) are some Indian companies which are spreading their operations worldwide.

What is the impact of globalisation on the consumers of India? -SST 10th

Description : What is the impact of globalisation on the consumers of India? -SST 10th

Last Answer : . Globalisation and greater competition among producers-both local and foreign-have been of advantage to consumers, particularly the well-off sections in the urban areas. . There is a greater choice ... As a result, these people today enjoy much higher standards of living than was possible earlier.

Explain with three examples how top Indian companies have been benefited from Globalisation. -SST 10th

Description : Explain with three examples how top Indian companies have been benefited from Globalisation. -SST 10th

Last Answer : Several top Indian companies have been able to benefit from Globalisation: (i) They have invested in newer technology and production methods and raised their production standards. (ii) Some ... large Indian companies to emerge as multinational themselves. For example, Tata Motors and Infosys.

McDonald's and KFC satisfy hungry consumers in every hemisphere. This is an example of VU Cafeteria A)globalisation. B)customisation. C)internationalisation. D)regionalisation.

Description : McDonald's and KFC satisfy hungry consumers in every hemisphere. This is an example of VU Cafeteria A)globalisation. B)customisation. C)internationalisation. D)regionalisation.

Last Answer : A)globalisation.

Who are producers and consumers? -SST 10th

Description : Who are producers and consumers? -SST 10th

Last Answer : We participate in the market both as producers and consumers. . As producers of goods and services, we could be working in any of the sectors like primary, secondary or tertiary. . Consumers ... purchase goods and services that they need. These are the final goods that people as consumers use.

How do we participate in the market as producers and consumers? -SST 10th

Description : How do we participate in the market as producers and consumers? -SST 10th

Last Answer : We participate in the market as producers and consumers in the following ways: (i) As producers of goods and services, we could be working in any of the sectors, such as in agriculture, industry, ... goods and services that they need. (iii) These are the final goods that people use as consumers.

Democracies lead to peaceful and harmonious life among citizens.' Support the statement with suitable examples. -SST 10th

Description : Democracies lead to peaceful and harmonious life among citizens.' Support the statement with suitable examples. -SST 10th

Last Answer : Democracies lead to peaceful harmonious life among citizens: 1. No society has a permanent solution for the differences that can come up between various groups in it. 2. But democracy ... in the decision making. 5. Democracy reduces the chances of differences or conflicts becoming violent.

“Print did not only stimulate the publications of conflicting opinions among different communities but also connected them in the 19th century in India.” Support the statement with examples -SST 10th

Description : “Print did not only stimulate the publications of conflicting opinions among different communities but also connected them in the 19th century in India.” Support the statement with examples -SST 10th

Last Answer : In the 19th century, there were intense debates around religious issues. Different groups had different opinions about changes taking place in colonial society. Some criticised existing ... circle of people, encouraging discussions,debates and controversies within and among different religions.

The use of prophylactic antibiotics has become commonplace. Which of the following statement(s) is/are true concerning the prophylactic use of antibiotics? a. The appropriate use of prophylactic antibiotics must include the initiation of the agent prior to the surgical procedure b. Continuing the antibiotic into the postoperative period has led to improved results in antibiotic prophylaxis c. The prophylactic administration of broad-spectrum agents (third-generation cephalosporins) has been shown to be particularly advantageous d. The topical use of antimicrobial agents is of no advantage in the prophylactic setting

Description : The use of prophylactic antibiotics has become commonplace. Which of the following statement(s) is/are true concerning the prophylactic use of antibiotics? a. The appropriate use of prophylactic ... d. The topical use of antimicrobial agents is of no advantage in the prophylactic setting

Last Answer : Answer: a Intravenous administration of an antibiotic is clearly indicated for patients undergoing clean contaminated operations. These antibiotics should be administered prior to surgery ... of antimicrobial agents is equivalent to the administration of intravenous antimicrobial agent antibiotics

Are phytoplankton consumers or producers?

Description : Are phytoplankton consumers or producers?

Last Answer : good question myself

Are carnivorous plants producers or consumers?

Description : Are carnivorous plants producers or consumers?

Last Answer : A venus flytrap is both a producer and a carnivore. Despite their carnivorous ability to eat insects and arachnids, venus flytraps are still plants which means that they can still grow using photosynthesis, a process in which they take energy from sunlight and nutrients from air and soil.

$ Ecologically, animals are consumers. ! Living organisms are classified as follows : (i) Producers (ii) Consumers (iii) Decomposers

Description : $ Ecologically, animals are consumers. ! Living organisms are classified as follows : (i) Producers (ii) Consumers (iii) Decomposers

Last Answer : $ Ecologically, animals are consumers. ! Living organisms are classified as follows : (i) Producers (ii) ... wrong D. If both As and R are wrong.

Are elephant seals producers or consumers?

Description : Are elephant seals producers or consumers?

Last Answer : Need answer

What are the results from a free market system is based on the free choices of consumers and producers?

Description : What are the results from a free market system is based on the free choices of consumers and producers?

Last Answer : The free market system has a circular flow of influences

Is a fish a producers consumers decomposers?

Description : Is a fish a producers consumers decomposers?

Last Answer : Fish are consumers

Are mollusks producers consumers or decomposers?

Description : Are mollusks producers consumers or decomposers?

Last Answer : ONLY plants are producerONLY fungi and bacteria are decomposersALL other living things are consumersYou need to ask yourself - is a Mollusk as plant or a fungus orbacteria, if not then Mollusks must be consumers.

What best describes how consumers key producers know what they want to buy and how much they are willing to pay?

Description : What best describes how consumers key producers know what they want to buy and how much they are willing to pay?

Last Answer : What is the answer ?

Can you identify the producers primary consumers ans secondary consumers in the ecosystem?

Description : Can you identify the producers primary consumers ans secondary consumers in the ecosystem?

Last Answer : What is the answer ?

Are minnows producers or consumers?

Description : Are minnows producers or consumers?

Last Answer : What is the answer ?

Are geckos producers or secondary producers or consumers or secondery consumers?

Description : Are geckos producers or secondary producers or consumers or secondery consumers?

Last Answer : Need answer

Are mollusks producers consumers or decomposers?

Description : Are mollusks producers consumers or decomposers?

Last Answer : ONLY plants are producerONLY fungi and bacteria are decomposersALL other living things are consumersYou need to ask yourself - is a Mollusk as plant or a fungus orbacteria, if not then Mollusks must be consumers.

Are sea birds consumers decomposers or producers?

Description : Are sea birds consumers decomposers or producers?

Last Answer : hello bro how you doin out in the hood

In a ecosystem which would have a larger population producers or primary consumers?

Description : In a ecosystem which would have a larger population producers or primary consumers?

Last Answer : Producers since they make up the population. Yes, they will be threatened by the primary consumers, But since there main goal is to produce, not consume.

Which of the following best demonstrates the way consumers and producers influence each other in the free market system?

Description : Which of the following best demonstrates the way consumers and producers influence each other in the free market system?

Last Answer : A circular model

The environment which includes producers, consumers and decomposers?

Description : The environment which includes producers, consumers and decomposers?

Last Answer : Ans. Biotic environment

How is carbon dioxide made by producers and consumers ?

Description : How is carbon dioxide made by producers and consumers ?

Last Answer : Carbon dioxide is made by producers and consumers through cellular respiration.

The incidence of sales tax falls on - (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers

Description : The incidence of sales tax falls on - (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers

Last Answer : (1) Consumers Explanation: In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall" upon the group ... where the revenue is collected, but on the price elasticity of demand and price elasticity of supply.

What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.

The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Description : The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Last Answer : (1) Consumer's Surplus Explanation: Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they do pay. If a consumer would be willing to pay ... price, then they are getting more benefit from the purchased product than they spent to buy it.

The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Description : The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Last Answer : (3) Producers' surplus Explanation: Producer Surplus' is an economic measure of the difference between the amount that a producer of a good receives and the minimum amount that he or she would be ... or surplus amount, is the benefit that the producer receives for selling the good in the market.

A refrigerator operating in a chemist's shop is an example of - (1) free good (2) final good (3) producers good (4) consumer's good

Description : A refrigerator operating in a chemist's shop is an example of - (1) free good (2) final good (3) producers good (4) consumer's good

Last Answer : (2) final good Explanation: Final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good; the ... tires sold to the car manufacturer are not; they are intermediate goods used to make the final good.

Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Description : Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Last Answer : (1) Producers' goods Explanation: Plant and machinery are Producers' goods. Together with stocks and work in progress, these goods are collectively termed 'Capital'.

What makes an ecosystem? (1) A living community and its environment (2) All the plants and animals of an area (3) Carnivores and herbivores of an area (4) Producers, consumers and decomposers in a particular locality

Description : What makes an ecosystem? (1) A living community and its environment (2) All the plants and animals of an area (3) Carnivores and herbivores of an area (4) Producers, consumers and decomposers in a particular locality

Last Answer : (1) A living community and its environment Explanation: An ecosystem is a community of living organisms (plants, animals and microbes) in conjunction with the nonliving components of their ... a system. These components are regarded as linked together through nutrient cycles and energy flows.

An ecosystem consists of – (1) producers, consumers and decomposers in a particular area. (2) all the plants and animals of an area. (3) a living community and its environment. (4) carnivorous and herbivorous of an area

Description : An ecosystem consists of – (1) producers, consumers and decomposers in a particular area. (2) all the plants and animals of an area. (3) a living community and its environment. (4) carnivorous and herbivorous of an area

Last Answer : (3) a living community and its environment. Explanation: An ecosystem consists of communities of many different species living together, and all the physical aspects of the particular habitat, such as like soil, water, and weather.