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. Give an example of a small-scale industry. List any two characteristics of it. |
| Answer» <html><body><a href="https://interviewquestions.tuteehub.com/tag/ong-586312" style="font-weight:bold;" target="_blank" title="Click to know more about ONG">ONG</a>>Answer:<p>Examples of Small Scale Industries</p><p></p><p>✓Bakeries.</p><p>✓School stationeries.</p><p>✓Water bottles.</p><p>✓Leather belt.</p><p>✓Small toys.</p><p>✓Paper Bags.</p><p>✓Photography.</p><p>✓Beauty parlours</p><p></p><p>Characteristics of SSI</p><p></p><p>✓<a href="https://interviewquestions.tuteehub.com/tag/ownership-1144401" style="font-weight:bold;" target="_blank" title="Click to know more about OWNERSHIP">OWNERSHIP</a>: SSI 's <a href="https://interviewquestions.tuteehub.com/tag/generally-471963" style="font-weight:bold;" target="_blank" title="Click to know more about GENERALLY">GENERALLY</a> are under <a href="https://interviewquestions.tuteehub.com/tag/single-644669" style="font-weight:bold;" target="_blank" title="Click to know more about SINGLE">SINGLE</a> ownership. ...</p><p></p><p>✓Management: Generally both the management and the control is with the owner/owners. ...</p><p></p><p>✓Labor Intensive: SSI's <a href="https://interviewquestions.tuteehub.com/tag/dependence-948484" style="font-weight:bold;" target="_blank" title="Click to know more about DEPENDENCE">DEPENDENCE</a> on technology is pretty limited. ...</p><p></p><p>✓Flexibility: SSI's are more adaptable to their changing business environment</p><p></p></body></html> | |