Page 211 - DMGT310_ENTREPRENEURSHIP_AND_SMALL_BUSINESS_MANAGEMENT

Entrepreneurship and Small Business Management Manpreet Kaur, Lovely Professional University

Notes Unit 14: Sickness in Small Business Enterprises

CONTENTS
Objectives

Introduction
14.1 Status of Sickness of SSI’s in India
14.2 Causes of Sickness

14.2.1 Mismanagement
14.2.2 Marketing
14.2.3 Implementation Lacunae

14.2.4 Poor Information System
14.2.5 Energy Problem
14.2.6 Improper Technology

14.2.7 Overtrading
14.2.8 Psychological Melodrama
14.3 Symptoms and Cure of Sickness
14.3.1 Symptoms of Sickness

14.3.2 Cure of Sickness
14.4 Summary
14.5 Keywords

14.6 Review Questions
14.7 Further Readings

Objectives

After studying this unit, you will be able to:

Describe the status of sickness of SSI's in India
Explain the causes of sickness
Discuss the symptoms and cure of sickness

Introduction

The term ‘sickness’ has been variedly defined by various authorities but, as a matter of fact, so
far, the term itself has not received any universal recognition which could justify the concept of
sickness in small-scale industries. This major handicap has acted as a fuel in the failure to
recognize the actual state of sickness in these industries. A vagueness in the conceptual framework
has contributed to confusion and has acted in a further deterioration of SSIs while recovering
from their ill-health. It would be appropriate to examine critically some of the authoritative
definitions and finally come up with a plausible outcome suggestive of the structure of the
concept.

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