Problem 1
What are the characteristics of small business? Describe the various forms of organisation under which small business operate.
- Characteristics
- List the various forms (sole proprietorship, general partnership, limited liability partnership, registered company, co-operative)
- Explain each form
Problem 2
Describe Porter's Five forces model
- Meaning of five forces model
- Use of five forces model
- List the five forces
- Explain the five forces
Problem 3
What are the sources of working capital? Write a brief note on micro finance that supports micro and small enterprises.
- Meaning of working capital
- List the sources of working capital
- Explain the sources
- Explanation of micro finance