Discussion
Statement: The Indian electronic component industry venturing into the West European markets faces tough competition from the Japanese.
Courses of Action:
1. India should search for other international markets for its products.
2. India should improve the quality of the electronic components to compete with the Japanese in capturing these markets.
Answer: B
Correct answer: Only II follows
Course 2 meets the competition where it stands: if Japanese goods are better, the answer is to improve one’s own. Course 1 abandons the market instead of competing in it, and the same competition would be met elsewhere. Only II follows.
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