5) The entrepreneurship refers to starting industries in which manufacturing. trading providing
services, productions are done on a micro scale is called:
a) Social Entrepreneurship
b) International Level Entrepreneurship
c) National level Entrepreneurship d) Small Scale Entrepreneurship
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Entrepreneurship refers to starting industries in which manufacturing. trading providing services, productions are done on a micro-scale is called Small Scale Entrepreneurship. Option(d) is the correct answer.
- Small Scale Entrepreneurship is a type of entrepreneurship in which businesses are owned by an independent individual. It requires less machinery and less workforce.
- In this type of entrepreneurship, all processes are done on small scale are serves a very small piece of the population.
- These are regarded as the backbone of any economy.
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