Home › CBSE Class 11 (Commerce) › Business Studies › MSME and Business Entrepreneurship › In the context of globalisation, MSMEs face comp…
In the context of globalisation, MSMEs face competition from which kind of firms?
ACottage artisans
BMultinational companies
CVillage councils
DCooperative banks
Answer & Solution
Correct answer: B. Multinational companies
Besides medium and large industries, they must compete with giant multinational companies.
Related questions
A registered design is protected initially for how many years?The process of seeking a patentee's rights for a fee is called what?Once a patent term expires, the invention enters what status?Who is cited as having invented, rather than discovered, the telephone?Which feature must a patentable invention have, besides being new and non-obvious?For how many years does a patent grant exclusive rights to the inventor?Which of these is a Geographical Indication from India?Which Act governs trademark registration in India?