What is the main benefit of collective purchase for small farmers?
Answer and explanation
Correct answer: Input cost may reduce and quality control may improve
Collective purchase gives the benefit of quantity and bargaining. Exam tip: link it with cost-reduction strategy.
Frequently asked questions
What is the correct answer to this question?
Input cost may reduce and quality control may improve
Why is this the correct answer?
Collective purchase gives the benefit of quantity and bargaining. Exam tip: link it with cost-reduction strategy.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.