Question

Productivity of small business is low because of low equipments. (State with reason whether the given statement is true or false)

Answer 1

In a small business, there is a lack of advanced equipment due to financial constraints.

As a result, they are unable to manufacture products on a large scale.

The best way a company or an industry can grow is by increasing production and customer reach.

But small business cannot develop so far.

There is a dearth of capital and machinery to support it to grow exponentially.