Question

Which of the following is/are among the few major outcomes of investing in education, skills, and technology for small-scale manufacturers?

• A. Development of human resources
• B. More incentives from the government
• C. Assistance from MNCs
• D. Capability to produce competitive and quality goods

Answer 1

Answer: (A), (D)

Capability to produce competitive and quality goods

Investment in education and skill helps manufacturers to develop human resources and enhance production capacity. Similarly, investment in technology offers innovative products and operational capability to the manufacturers. As a result, even small-scale manufacturers develop the capability to produce competitive and quality goods.