Flexcibility

Small industries are subject to wide variations in demand, e.g., manufacture of jewellery, fashion garments, etc. In such cases, greater flexibility of operations is required. Small firm are more flexible due to simple technology and low overheads. They are capable of being adapted to changing tasted and fashions. They can easily make changes in products and can shift to new lines of business whenever the need arises. Therefore, small firms are more suited in the production and distribution of special items having temporary demand. New techniques can be adopted without causing technological unemployment.



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