Mention the three features of small scale industries
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Characteristics of SSI
Ownership: SSI 's generally are under single ownership. ...
Management: Generally both the management and the control is with the owner/owners. ...
Labor Intensive: SSI's dependence on technology is pretty limited. ...
Flexibility: SSI's are more adaptable to their changing business environment.----
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They are as follows:
1) Labour- intensive : Small- scale industries are fairly labour intensive. They provide an economic solution by creating employment opportunities in urban and rural areas at a relativity low cast in capital investment.
2) Flexibility Small - scale industries are flexible in their operation.
3) One man show.
Hope these helps you.
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