MP Board · Class 11 · Business Studies · Small Business and EnterprisesWhich of the following is a characteristic feature of small scale industries?
Step-by-Step Solution
Small scale industries are typically labor-intensive, meaning they use more labor compared to capital, helping generate high employment.
Detailed Options Breakdown
Option : Capital-intensive technology
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 1: Labor-intensive operations (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Mass production on a global scale
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 3: Complex organizational structure
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Small Business and Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Small Business and Enterprises Revision Notes.