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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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