What risk arises when design trends change quickly in handicrafts?
Answer and explanation
Correct answer: Unsold stock and old designs may lock capital
When trends change, inventory planning is necessary. In exams, link trend risk with stock management.
Frequently asked questions
What is the correct answer to this question?
Unsold stock and old designs may lock capital
Why is this the correct answer?
When trends change, inventory planning is necessary. In exams, link trend risk with stock management.
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.