Answer:
Indian managers have responded to change in the post liberalisation era in the following ways: (i) By consolidation of MNCs. (ii) By adopting varied strategies of markets. (iii) By focussing more on the interests of the customers. (iv) By adopting labour workforce management. (v) By increasing production capacity. (vi) By high compensation levels. (vii) By implementing strategy of mergers and acquisitions. (viii) By adopting Capital structure reforms.
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