Which of the following characteristics of the modern large scale manufacturing industries are correct?

A. Specialisation of skills and methods of production
B. Technological innovation
C. Easy to establish
D. Organisational structure and stratification

Choose the correct answer from the options given below:

A, B, D only

Large scale manufacturing involves a large market, various raw materials, enormous energy, specialised workers, advanced technology, assembly-line mass production and large capital. This kind of manufacturing developed in the last 200 years, in the United Kingdom, north-eastern U.S.A. and Europe. Now it has diffused to almost all over the world. Modern manufacturing is characterised by: (i) a complex machine technology (ii) extreme specialisation and division of labour for producing more goods with less effort, and low costs (iii) vast capital (iv) large organisations (v) executive bureaucracy

Large scale manufacturing industries are NOT easy to establish.