Question

what are the features and characteristics of small Scale industries ​

Answer 1

Answer:

ʟᴀʙᴏᴜʀ ɪɴᴛᴇɴꜱɪᴠᴇ: ꜱᴍᴀʟʟ-ꜱᴄᴀʟᴇ ɪɴᴅᴜꜱᴛʀɪᴇꜱ ᴀʀᴇ ꜰᴀɪʀʟʏ ʟᴀʙᴏᴜʀ-ɪɴᴛᴇɴꜱɪᴠᴇ. ...

ꜰʟᴇxɪʙɪʟɪᴛʏ: ꜱᴍᴀʟʟ-ꜱᴄᴀʟᴇ ɪɴᴅᴜꜱᴛʀɪᴇꜱ ᴀʀᴇ ꜰʟᴇxɪʙʟᴇ ɪɴ ᴛʜᴇɪʀ ᴏᴘᴇʀᴀᴛɪᴏɴ. ...

ᴏɴᴇ-ᴍᴀɴ ꜱʜᴏᴡ: ᴀ ꜱᴍᴀʟʟ-ꜱᴄᴀʟᴇ ᴜɴɪᴛ ɪꜱ ɢᴇɴᴇʀᴀʟʟʏ ᴀ ᴏɴᴇ-ᴍᴀɴ ꜱʜᴏᴡ. ...

ᴜꜱᴇ ᴏꜰ ɪɴᴅɪɢᴇɴᴏᴜꜱ ʀᴀᴡ ᴍᴀᴛᴇʀɪᴀʟꜱ: ...

ʟᴏᴄᴀʟɪꜱᴇᴅ ᴏᴘᴇʀᴀᴛɪᴏɴ: ...

ʟᴇꜱꜱᴇʀ ɢᴇꜱᴛᴀᴛɪᴏɴ ᴘᴇʀɪᴏᴅ: ...

ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ʟᴇᴠᴇʟ: ...

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Answer 2

$\large\bf{\underline\blue{Small \: Scaled \: Industries}}$

Characteristics/Features of SSI

Ownership: SSI ’s generally are under single ownership. So it can either be a sole proprietorship or sometimes a partnership.

Management: Generally both the management and the control is with the owner/owners. Hence the owner is actively involved in the day-to-day activities of the business.

Labor Intensive: SSI’s dependence on technology is pretty limited. Hence they tend to use labour and manpower for their production activities.

Flexibility: SSI’s are more adaptable to their changing business environment. So in case of amendments or unexpected developments, they are flexible enough to adapt and carry on, unlike large industries.

Limited Reach: Small scale industries have a restricted zone of operations. Hence, they can meet their local and regional demand.

Resources utilisation: They use local and readily available resources which helps the economy fully utilise natural resources with minimum wastage.