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Explain the following term/concept. Micro Small Scale Business

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प्रश्न

Explain the following term/concept.

Micro Small Scale Business

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उत्तर

Micro small scale business is classified as Manufacturing Sector and Services Sector. According to MSMED, the Micro Manufacturing sector does not exceed Rs. 25 lakhs, and the Micro Services sector does not exceed Rs. 10 lakhs.

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अध्याय 3: Small Scale Industry and Business - EXERCISE [पृष्ठ ५७]

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बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
अध्याय 3 Small Scale Industry and Business
EXERCISE | Q 2 3) | पृष्ठ ५७

संबंधित प्रश्न

Select the correct option and rewrite the sentence.

_______ cost of power acquisition, frequent power cuts, irregular supply of power affect the productivity of SSI.


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.

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


Complete the sentence.

SSI enjoys the advantage of ___________ cost of the produce.


Complete the sentence.

SSI requires __________ capital as compared to large scale industries.


Complete the sentence.

SSI produce consumer goods as well as ______ components.


Select the correct option.

A B
More than ₹ 5 crores but does not exceed ₹ 10 crores ____________

Select the correct option.

A B
___________ Does not exceed ₹ 10 lakhs

Select the correct option.

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

Correct the underined word and rewrite the following sentence.

A business proposal is the first step in setting up a small scale business.


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 in brief the impact of capital on 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 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.


Give one word/phrase/term.

An industry using power with less than 50 employees.


Which form of ownership is most common for small-scale industries, as shown in the features diagram?


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