Question

Very less quantity of small business is exported. (State with reason whether the given statement is true or false)

Answer 1

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Answer 2

Small scale business is formed out of very limited capital.

The operations are limited and a number of people or production quantities are also less. They are generally formed to meet local demand.

Hence, they can export very less quantities as most of the manufactured products or offered services are finished to meet local customer expectations.

They do not have investors or venture capitalists to help them expand their business so it can export more quantities.