Imagine that you are a 19th century indian business entrepreneur you want to set up a textile mill in your area. what major challenges do you think you are likely to face and how do you plan to tackle them?
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Answered by
14
Answer:
challenges.....* raw materials will not be avaible at one place..
*large area is needed to setup a industry...
plan...*i will such a place where the raw material will be easily avaible..so that tranporatation money will decreased....
Answered by
8
Answer:
As an entrepreneur, it is very difficult to set up a textile mill in my area as I put up in an urban city. The first problem is of the space which is too limited in the capital of India. Secondly, there is a problem to gain raw material as the cost of production would be very high. Moreover, the labor cost is high in the city so it would cost an extra load on my pocket.
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