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Roles of small scale business

Updated: 9/14/2023
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11y ago

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Small scale business have many importance. They serve as primary product source for large companies. Large companies depends on small scale to get raw materials and other necessary materials used in further production. They create job opportunities for the unemployed increase productivity and in turn increases the Gross National Product of that country small scale businesses reduces waste of the country's resources because they make full use of tthe national resources promotes export and reduces import of commodities

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