BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is not a characteristic of an SME?
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Closely controlled by owner/operator
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Bulk of capital supplied by owner
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Local markets
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Public ownership
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Explanation:
Detailed explanation-1: -Small scale industries are not able to produce foreign exchange.
Detailed explanation-2: -Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.
There is 1 question to complete.