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Attempt the following. Explain in brief the impact of capital on Small Scale industries. - Organisation of Commerce and Management

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प्रश्न

Attempt the following.

Explain in brief the impact of capital on Small Scale industries.

संक्षेप में उत्तर
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उत्तर

The major problem faced by small scale industries is insufficient capital, which creates the following difficulties with them.

  1. Borrowings of Capital from Landlords and Money Lenders: Nationalised and Co-operative banks are not ready to finance Small Scale Industries without security. Thus, they are forced to borrow from money lenders, where they have to pay a very high rate of interest.
  2. Storage of Raw material: Small Scale Industries are agro-based. The raw material is available seasonally. To stock goods, they required huge finance. Due to lack of finance, they run industry only in seasons.
  3. Lack of Skilled Labour: Only unskilled and semi-skilled labourer are available. Small Scale Industries cannot afford labour cost of skilled labourer which affect the quality and quantity of production and profitability.
  4. Outdated technology: Due to insufficient capital, production methods used by SSI are old, which results in poor quality and quantity of output.
  5. Weaker Marketing Skill: In today's world marketing plays an important role. The rural area is facing marketing problem due to lack of facilities and knowledge and they are exploited by middlemen too.
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अध्याय 3: Small Scale Industry and Business - EXERCISE [पृष्ठ ५८]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 3 Small Scale Industry and Business
EXERCISE | Q 6 3) | पृष्ठ ५८

संबंधित प्रश्न

Select the correct option and rewrite the sentence.

Before setting up a business, it is essential to study the prevailing _________ environment.


Select the correct option and rewrite the sentence.

Small Scale Business are _____ intensive.


Select the correct option and rewrite the sentence.

Occurring obscured idea in mind of entrepreneur is _______ stage of establishing business.


Select the correct option and rewrite the sentence.

Small scale industries contribute nearly _______ to the industrial exports of the country.


Give one word/phrase/term.

A sector which is back bone of rural India.


Find the odd one.


Select the correct option.

A B
More than ₹ 25 lakhs but Does not exceed ₹ 5 cores ______________

Select the correct option.

A B
More than ₹ 10 lakhs but does not exceed does not exceed ₹ 2 crores __________

Answer in one sentence.

State the example of Traditional Small Scale Industry.


Arrange in proper order.

a) Selection of a place
b) Selection of a product
c) Business proposal
d) Selection of technology


Explain the following term/concept.

Service Sector


Study the following case/situation and express your opinion.

Mr. Ram wants to start a Small Scale business of manufacturing parts of bicycles or machinery.

  1. Identify the first step or stage of setting up his Small Scale business.
  2. State the different ways of raising the capital for his business.
  3. 'Marketing is a necessary step of running a business,’ comment on it.

Study the following case/situation and express your opinion.

Mr. Rahim is keenly interested in starting the Small Scale business. But he is worried about the challenges before Small Scale business. Guide him about the solutions to face these challenges.


Attempt the following.

Explain the meaning of Small Scale industries.


Give one word/phrase/term. For the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term.

An industry using power with less than 50 employees.


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term. For the following sentence:

An industry using power with less than 50 employees.


Which feature is NOT typically associated with Small Scale Industries?


According to the MSMED Act, a micro enterprise in the manufacturing sector must invest______.


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