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Do you think that small-scale business c...

Do you think that small-scale business can survive in a competitive market ? Give reasons to support your answer.

Text Solution

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Yes, the small-scale business can survive in a competitive market. The following points of SSI make way for their scope and survival in a competitive market :
(i) Personal attention (ii) Limited resources
(iii) Flexibility of operation (iv) Individual attitude
(v) Suppliers of large-scale business (vi) Social utility
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