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Which of the following is disadvantage of a sole proprietorship?
Competitive Position
The standing or ranking of a company or product in relation to its competitors, based on factors like market share, brand strength, and customer perception.
Global Financial Crisis
A worldwide period of economic difficulty experienced by markets and consumers due to financial instability, typically marked by a sharp decline in economic activity.
Deep Water
Refers to the part of the sea or ocean that is significantly deep, often used in the context of exploration, drilling, or marine biology.
Work Redesign
The process of altering jobs and work processes in an organization to increase efficiency and improve job satisfaction, employee well-being, and performance.
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