Answer to Question #121765 in Management for Aditi poptani

Question #121765
In the competitive business environment, there is a lot of strategic pressure on established
companies to compete with the cheaper substitutes as well as maintain quality at the same
time. Also there is a recent trend amongst consumers for "first copy/ duplicates" of branded
products. Why do you think that these so called "Chinese manufacturers" are able to make
products cheaper than most other products available? Also how do you think can competing
and maintaining quality be achievable for companies for original branded products like
Cadbury, Rayban, etc to tackle the other duplicate products
Expert's answer
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