DD: Scales of Business
Scales of business refers to the size of the business. Micro: The sector most encouraged in low income countries as it shows most promise for sustainable development, is potentially most viable for micro entrepreneurs and fills the most necessary niche in the economy is the initial processing of agricultural products. Where investment in plant and machinery doesn’t exceed 25 lakhs, or where service sector is concerned, 10 lakhs. Small scale: Industries organized on a small scale and which produce goods with the help of small machines, hired labour and power. Capital resources invested on plant and machinery buildings have been the primary criteria to differentiate SSI from large and medium scale industries. Can be classified into registered and unregistered SSI. Large scale: Those industries which require huge infrastructure, man power and influx of capital assets. Fixed asset of more than 100,000,000 rupees. Public:...