CUET Preparation Today
What do small companies do to compete for orders from the big companies? |
They reduce the prices of their product in the market. They advertise more about their product. They provide poor working conditions to their labourers to cut costs. They bribe similar companies to keep them out of competition. |
They provide poor working conditions to their labourers to cut costs. |
The correct answer is Option (3) → They provide poor working conditions to their labourers to cut costs. To compete for orders from big companies, small suppliers often cut production costs. Since they may not have the scale or resources to reduce prices through technology or efficiency, they reduce labour costs instead. This often results in poor working conditions, lower wages, and lack of job security for workers. This strategy allows them to offer lower prices to big companies, helping them stay in the competition — but at the cost of worker welfare. |
