Give any four external causes for industrial sickness
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Answered by
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hyy..
1. Power Cuts:
A large number of industrial units, particularly in West Bengal and Bihar, face power cuts from time to time. Power cuts are necessitated by the fact that generation of power is much below its actual requirements.
2. Erratic Supply of Inputs:
Lack of regular supply of raw materials and other inputs disturb the production schedule causing losses to the unit.
3. Recession:
General recessionary trends in the market adversely affect the demand for most of the goods resulting in unsold stocks and losses to individual units.
4. Official Policy:
Sudden and unfavourable changes in the government policy regarding taxation, export and import can turn viable units into sick units.
________
hope it helps!!⭐
1. Power Cuts:
A large number of industrial units, particularly in West Bengal and Bihar, face power cuts from time to time. Power cuts are necessitated by the fact that generation of power is much below its actual requirements.
2. Erratic Supply of Inputs:
Lack of regular supply of raw materials and other inputs disturb the production schedule causing losses to the unit.
3. Recession:
General recessionary trends in the market adversely affect the demand for most of the goods resulting in unsold stocks and losses to individual units.
4. Official Policy:
Sudden and unfavourable changes in the government policy regarding taxation, export and import can turn viable units into sick units.
________
hope it helps!!⭐
Answered by
3
External Causes:
(i) Recession in the Market
(ii) Decline in Market Demand for the Product
(iii) Excessive Competition in the Market
(iv) Erratic Supply of Inputs
(v) Government Policy
(vi) Unforeseen Circumstances
(i) Faulty Planning
(ii) Incompetent Entrepreneurs
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