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Explain the following term/concept. Micro Small Scale Business - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Micro Small Scale Business

Short/Brief Note
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Solution

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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Chapter 3: Small Scale Industry and Business - EXERCISE [Page 57]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 3 Small Scale Industry and Business
EXERCISE | Q 2 3) | Page 57

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