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Which organization provides consultancy services to small and medium enterprises at reasonable costs?
  • a)
    National Institute for Entrepreneurship and Small Business Development (NIESBUD)
  • b)
    Small Industries Service Institutes (SISIs)
  • c)
    Technical Consultancy Organisation (TCOs)
  • d)
    Small Industries Development Bank of India (SIDBI)
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which organization provides consultancy services to small and medium e...
The Technical Consultancy Organisation (TCOs) provides consultancy services to small and medium enterprises at reasonable costs. These services include industrial potential surveys, preparation of profits and feasibility studies, evaluation of projects, conducting Entrepreneurship Development Programs (EDPs), and more.
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Community Answer
Which organization provides consultancy services to small and medium e...
Consultancy services for small and medium enterprises (SMEs) play a crucial role in their growth and development. These services provide guidance and support to SMEs in various areas such as finance, marketing, technology, and operations. One organization that provides consultancy services to SMEs at reasonable costs is the Technical Consultancy Organisation (TCOs).

Technical Consultancy Organisation (TCOs):
The Technical Consultancy Organisation (TCOs) is a government organization established to provide technical consultancy services to SMEs. It is an autonomous body under the Ministry of Micro, Small and Medium Enterprises (MSMEs) in India. TCOs aims to support the growth and development of SMEs by providing them with expert advice and guidance in various areas.

Services Provided by TCOs:
1. Technical Assistance: TCOs offers technical assistance to SMEs in areas such as product development, process improvement, quality control, and technology upgradation. This helps SMEs in enhancing their productivity and competitiveness in the market.

2. Marketing Assistance: TCOs provides marketing assistance to SMEs in terms of market research, promotion, branding, and export facilitation. This helps SMEs in identifying new markets, expanding their customer base, and increasing their sales.

3. Financial Assistance: TCOs assists SMEs in accessing financial resources by providing guidance on various government schemes, subsidies, and grants available for SMEs. This helps SMEs in availing financial support for their business operations and expansion.

4. Training and Capacity Building: TCOs conducts training programs and workshops for SMEs to enhance their skills and capabilities. These programs cover topics such as entrepreneurship development, business management, and technology adoption. This helps SMEs in improving their overall efficiency and effectiveness.

5. Networking and Collaboration: TCOs facilitates networking and collaboration among SMEs by organizing industry-specific events, trade fairs, and business meets. This provides SMEs with opportunities to connect with potential customers, suppliers, and partners, thereby expanding their business networks.

Reasonable Costs:
TCOs offer consultancy services to SMEs at reasonable costs. The organization receives financial support from the government, which allows them to provide their services at affordable rates. The objective is to make consultancy services accessible to all SMEs, including those with limited financial resources.

In conclusion, the Technical Consultancy Organisation (TCOs) is an organization that provides consultancy services to small and medium enterprises (SMEs) at reasonable costs. TCOs offers a wide range of services including technical assistance, marketing assistance, financial assistance, training and capacity building, and networking and collaboration. The organization aims to support the growth and development of SMEs by providing them with expert advice and guidance in various areas.
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Which organization provides consultancy services to small and medium enterprises at reasonable costs?a)National Institute for Entrepreneurship and Small Business Development (NIESBUD)b)Small Industries Service Institutes (SISIs)c)Technical Consultancy Organisation (TCOs)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'C'. Can you explain this answer?
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Which organization provides consultancy services to small and medium enterprises at reasonable costs?a)National Institute for Entrepreneurship and Small Business Development (NIESBUD)b)Small Industries Service Institutes (SISIs)c)Technical Consultancy Organisation (TCOs)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which organization provides consultancy services to small and medium enterprises at reasonable costs?a)National Institute for Entrepreneurship and Small Business Development (NIESBUD)b)Small Industries Service Institutes (SISIs)c)Technical Consultancy Organisation (TCOs)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which organization provides consultancy services to small and medium enterprises at reasonable costs?a)National Institute for Entrepreneurship and Small Business Development (NIESBUD)b)Small Industries Service Institutes (SISIs)c)Technical Consultancy Organisation (TCOs)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'C'. Can you explain this answer?.
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