Business Studies · Industrial Sickness
A small manufacturing unit faces continuous losses due to poor management, outdated technology, and lack of working capital. This situation is best described as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Market diversification
- 2Economies of scale
- 3Industrial sickness✓
- 4Industrial expansion
Correct answer
Industrial sickness
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