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State the meaning of small business

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State the meaning of small business

Posted by Krishna Gupta 2 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Krishna Gupta 2 years, 10 months ago

A business which operates on a small scale and required less capital, less labour and less machines is called small business. The goods are produces on a small scale. This business is operated and managed by the owner of the business.

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