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What does Ramalingam do with the rice produce in his rice mills
- a)He distributes it to the poors
- b)He sells to the government
- c)He sells to villagers
- d)He sells to traders in nearby towns
Correct answer is option 'D'. Can you explain this answer?
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What does Ramalingam do with the rice produce in his rice millsa)He di...
Explanation:
Ramalingam sells the rice produce to traders in nearby towns for the following reasons:
- Market Reach: Selling to traders in nearby towns allows Ramalingam to reach a larger market beyond just his immediate vicinity. This can help him sell larger quantities of rice and potentially earn more profit.
- Higher Prices: Traders in towns may be willing to pay higher prices for the rice compared to local villagers or government agencies. This can help Ramalingam maximize his profits from the rice produced in his mills.
- Demand: Traders in nearby towns may have a higher demand for rice due to larger populations and commercial establishments. This can ensure a steady flow of sales for Ramalingam's rice produce.
- Networking: Building relationships with traders can also help Ramalingam establish long-term partnerships and secure future sales. Traders may also provide valuable feedback on market trends and preferences.
- Efficiency: Selling to traders can streamline the distribution process as they have the necessary resources and networks to transport the rice to various locations. This can save time and effort for Ramalingam.
In conclusion, selling the rice produce to traders in nearby towns is a strategic decision that can help Ramalingam maximize his profits, reach a wider market, and establish valuable business relationships.
Ramalingam sells the rice produce to traders in nearby towns for the following reasons:
- Market Reach: Selling to traders in nearby towns allows Ramalingam to reach a larger market beyond just his immediate vicinity. This can help him sell larger quantities of rice and potentially earn more profit.
- Higher Prices: Traders in towns may be willing to pay higher prices for the rice compared to local villagers or government agencies. This can help Ramalingam maximize his profits from the rice produced in his mills.
- Demand: Traders in nearby towns may have a higher demand for rice due to larger populations and commercial establishments. This can ensure a steady flow of sales for Ramalingam's rice produce.
- Networking: Building relationships with traders can also help Ramalingam establish long-term partnerships and secure future sales. Traders may also provide valuable feedback on market trends and preferences.
- Efficiency: Selling to traders can streamline the distribution process as they have the necessary resources and networks to transport the rice to various locations. This can save time and effort for Ramalingam.
In conclusion, selling the rice produce to traders in nearby towns is a strategic decision that can help Ramalingam maximize his profits, reach a wider market, and establish valuable business relationships.
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What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer?
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What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer?.
What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does Ramalingam do with the rice produce in his rice millsa)He distributes it to the poorsb)He sells to the governmentc)He sells to villagersd)He sells to traders in nearby townsCorrect answer is option 'D'. Can you explain this answer?.
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