Why can competing only on low price be harmful in handicrafts in the long term?
Answer and explanation
Correct answer: Artisan wages, quality and craft value may decline
Handicraft value also comes from skill and identity. In exams, remember value-based pricing.
Frequently asked questions
What is the correct answer to this question?
Artisan wages, quality and craft value may decline
Why is this the correct answer?
Handicraft value also comes from skill and identity. In exams, remember value-based 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.