MCQs · Q2
Q.Which of the following is generally NOT considered a characteristic of a small-scale industry?
(A) Owner-management
(B) Labour-intensive production
(C) Nationwide or global market reach for the great majority of units
(D) Flexibility in changing product line or process
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✓ Free question
Small-scale industry is typically characterised by owner-management, labour-intensive (rather than capital-intensive) production, use of local resources, a largely local/regional market, organisational flexibility, and a simple/flat organisation structure.
Option-by-option analysis:
- (A) Incorrect as an answer to "NOT a characteristic" — owner-management genuinely IS a standard SSI characteristic.
- (B) Incorrect as an answer — labour-intensive production genuinely IS a standard SSI characteristic.
- (C) Correct as the answer — a nationwide/global market for the great majority of units is a feature of LARGE-scale industry, not small-scale industry, which typically serves a local or regional market.
- (D) Incorrect as an answer — flexibility genuinely IS a standard SSI characteristic.
✓Final answer
Option (C) is correct.
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