Q12) When demand for labour falls short to the supply of labour due to rapidly growing population and their immobility, it is called as:
There is a growing competition in the market of electronics, due to technological advancement and ever-increasing demand of households. As a result, ABC Ltd. is facing the problem of a decline in market share. In order to combat competition, the company plans to introduce new models with added features and technological advancements.
(i) How will you seek to remove the problem of ABC Ltd.?
(ii) Identify the missing values in the above case.