Which of the Following Is a Major Advantage of the Sole

question 144

Multiple Choice

Which of the following is a major advantage of the sole proprietorship?

• A)separation of ownership and control
• B)limited liability for business debt
• C)transferability of ownership and firm continuity over time
• D)ease of start-up
• E)ease of obtaining financing

Analyze the effectiveness of benefits plans including cafeteria-style benefits plans in enhancing employee satisfaction.

Evaluate the role of pay surveys and the relevance of market data in determining fair compensation.

Recognize the challenges and issues related to executive compensation and its alignment with organizational performance.

Understand the distinctions between wages and salaries and their implications under employment law.

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Definitions:

Qualitative

Pertains to data or research that focuses on describing qualities or characteristics through non-numerical information, such as interviews or observations.

Human Resource Forecasting

The process of predicting an organization's future human resource needs, including the number, skills, and locations of employees.

Forecasting

The process of making predictions about future events or trends based on historical data and analysis.

Medium-run

A term used in economics to describe a period in which output and other economic indicators can adjust to changes.