Benefits and Challenges of MSMEs

Benefits and Challenges of MSMEs

Professional Development

10 Qs

quiz-placeholder

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Benefits and Challenges of MSMEs

Benefits and Challenges of MSMEs

Assessment

Quiz

Business

Professional Development

Medium

Created by

Saeio Limited

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key benefit of MSMEs to the economy?

Increased import dependence

Reduced job opportunities

Employment generation

Large capital investment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

MSMEs are often praised for their ability to:

Replace large corporations

Be flexible and adapt quickly to market changes

Export goods in bulk quantities only

Avoid taxation laws

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A major disadvantage MSMEs face is:

Oversupply of labor

Limited access to finance

Monopoly over the market

Excess international funding

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do MSMEs play in innovation?

None - innovation is left to big corporations

MSMEs typically copy larger businesses

MSMEs often drive grassroots innovation

Innovation in MSMEs is always government-funded

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not typically a challenge for MSMEs?

Regulatory compliance

Brand loyalty

Access to skilled labor

Economies of scale

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which government support mechanism most benefits MSMEs?

Import bans

Tax increases

Grants and low-interest loans

Reduced electricity supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

MSMEs typically operate with:

Thousands of employees and global locations

Moderate capital and limited infrastructure

No need for marketing or planning

Full government ownership

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