Question

The problems of _________include remote location with less developed infrastructural facilities, lack of managerial talent, poor quality,traditional technology and inadequate availability of finance.

• A. Exporting small scale units
• B. Traditional small scale units
• C. Small ancillary units
• D. None of the above

Answer 1

The correct option is B Traditional small scale units

The problems of traditional small scale industries include remote location with less developed infrastructural facilities, lack of managerial talent, poor quality,traditional technology and inadequate availability of finance.

The following are the problems faced by Small Scale Industries:

• Poor capacity utilization.
  
• Incompetent management.
  
• Inadequate Finance.
  

• Raw material shortages
  
• Lack of marketing support.
  
• Problem of working capital.
  
• Problems in Export.
  
• Lack of technology up-gradation.