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Gaurav Seth 5 years, 8 months ago
The features of small scale industries are as follows:
- Personal character : SSIs enjoy personal character.
It is generally owned by a single entrepreneur or partnership. - Simple managerial structure : It is managed by owners only. Thus, can reap the benefits of direct motivation, secrecy, flexibility, etc.
- Labour incentive techniques : There is pre-dominance of labour. These units use labour incentive techniques of production instead of mechanised methods of production.
- .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.
- Simple technology : The machinery and equipments used for production of goods are operated manually and are not very sophisticated.
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