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Direction: Read the following text and answer the questions that follow.
Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.
Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?
  • a)
    Way out to intense competition in the domestic market
  • b)
    Prospects for growth
  • c)
    Prospects for higher profits
  • d)
    Improved business vision
Correct answer is option 'C'. Can you explain this answer?
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Direction: Read the following text and answer the questions that foll...
The definition of a prospect is an expected outcome or a likely customer. An example of prospect is a new client with whom a company is counting on signing a contract. The direction in which an object, such as a building, faces; an outlook. Something presented to the eye; a scene.
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Direction: Read the following text and answer the questions that foll...


Prospects for higher profits

International trade offers the potential for higher profits for companies facing saturating domestic demand. Here's how:

- Market Expansion: By entering foreign markets, companies like Kalakriti Industries can tap into new customer bases, leading to increased sales and revenue.

- Economies of Scale: With increased demand from international markets, companies can benefit from economies of scale, leading to lower production costs per unit and higher profit margins.

- Diversification: International trade allows companies to diversify their revenue streams, reducing dependency on a single market and spreading business risks.

- Competitive Advantage: By offering unique or exclusive products from foreign markets, companies can differentiate themselves from competitors in the domestic market, attracting more customers and driving profits.

In the case of Kalakriti Industries, expanding into international markets by importing exclusive stationery items from Japan can open up new opportunities for higher profits, enabling the company to achieve its revenue objectives.
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Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer?
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Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ’Unfortunately with the saturating domestic demand ..................’. In the reference of the given statement which of the benefits of international trade suits this case?a)Way out to intense competition in the domestic marketb)Prospects for growthc)Prospects for higher profitsd)Improved business visionCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
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