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Questions and Answers
What type of enterprises are being referred to in the text?
What type of enterprises are being referred to in the text?
- Micro enterprises (correct)
- Large scale enterprises
- Medium scale enterprises
- International enterprises
Which of the following is NOT a characteristic of small scale enterprises?
Which of the following is NOT a characteristic of small scale enterprises?
- Limited capital investment
- Localized operation
- Simple organizational structure
- Large number of employees (correct)
What is a common challenge faced by small scale enterprises?
What is a common challenge faced by small scale enterprises?
- High availability of resources
- Complex organizational structure
- Access to international markets (correct)
- Sustainable growth
