What is the most balanced decision when raw material prices suddenly rise in handicrafts?
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Answer and explanation
Correct answer: Recalculating cost, considering alternative material and giving clear price information to customers
Transparent cost management is needed when prices rise. Exam tip: connect cost change with pricing.
Frequently asked questions
What is the correct answer to this question?
Recalculating cost, considering alternative material and giving clear price information to customers
Why is this the correct answer?
Transparent cost management is needed when prices rise. Exam tip: connect cost change with pricing.
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 - Handicrafts.
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