CAUSES OF SICKNESS:
The causes of industrial sickness industries are many. They may develop from faulty project planning and appraisal and defective implementation, weaknesses in various functional areas like finance, production, marketing, personnel and management. The environmental factors like social, economic, and political conditions and governmental policy and control also contributes to sickness of industrial enterprises.
FACTORS RESPONSIBLE FOR INDUSTRIAL SICKNESS:
There are external factors as well as internal factors which contribute to sickness. External factors beyond the control of management include those oil which the unit has no direct control. External factors are considered as under
Ø Non-availability of critical resources like raw materials, power and skilled labour etc.
On the other hand the internal factors relate to management and different functional areas and are controlled by the respective industrial unit. Internal factors are considered as under: