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A single owner with sound technical knowledge but weak marketing shows the problem of:
AGlobal rivalry
BExcess capacity
CManagerial skills
DRaw materials
Answer & Solution
Correct answer: C. Managerial skills
1. One person cannot master every function.
2. Professional managers are unaffordable.
3. That is the managerial skills problem.
_Source: NCERT Class 11 Business Studies, Chapter 9, Small Business and Entrepreneurship._
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