English

Explain the following term/concept. Service Sector - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Explain the following term/concept.

Service Sector

Short/Brief Note
Advertisements

Solution

According to MSMED on the basis of investment Micro Service Sector 'does not exceed Rs. 10 lakhs', Small Service Sector, 'more than Rs. 10 lakhs but does not exceed 2 crores ‘and Medium Service Sector 'more than Rs. 2 crores but does not exceed Rs. 5 crores’.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Small Scale Industry and Business - EXERCISE [Page 57]

APPEARS IN

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

RELATED QUESTIONS

Select the correct option and rewrite the sentence.

The problem of __________ has been becoming more serious in India.


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

An industry using power with less than 50 employees.


State True or False:

Small Business easily get access to low interest rates.


Complete the sentence.

SSI requires __________ capital as compared to large scale industries.


Select the correct option.

A B
___________ Does not exceed ₹ 10 lakhs

Answer in one sentence.

What is SSI?


Correct the underined word and rewrite the following sentence.

Small scale Industry uses advanced technology.


Correct the underined word and rewrite the following sentence.

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


Explain the following term/concept.

Micro 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.

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. 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 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.


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


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×