The tailoring services is competitive partly because it consists of a large number of?

Assessment: JAMB UTME - Economics - 1990 Subject: Economics

Question 1 Report

The tailoring services is competitive partly because it consists of a large number of?
Answer Details
The tailoring services industry is competitive partly because it consists of a large number of small-scale enterprises. This means that there are many small businesses offering similar services, and they compete with each other to attract customers. As a result, these businesses must strive to differentiate themselves from their competitors by offering unique products, exceptional customer service, and competitive pricing. The sheer number of small-scale tailoring businesses also means that there are many options available to customers, which further drives competition in the industry.

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