Write the features of small scale industries (SSI)

small-business
cbse

#1

The features of small scale industries are as follows:

  1. Personal character : SSIs enjoy personal character.
    It is generally owned by a single entrepreneur or partnership.
  2. Simple managerial structure : It is managed by owners only. Thus, can reap the benefits of direct motivation, secrecy, flexibility, etc.
  3. Labour incentive techniques : There is pre-dominance of labour. These units use labour incentive techniques of production instead of mechanised methods of production.
    4.Local area of operations : The operations of a unit are localised. It depends mainly on local resources but products are exported all over the world.
  4. Simple technology : The machinery and equipments used for production of goods are operated manually and are not very sophisticated.