Which of the Following Is a Characteristic of a Sole

question 16

Multiple Choice

Which of the following is a characteristic of a sole proprietorship?

• A) Business owned by more than one person
• B) Easy to form
• C) Each stockholder acts as an owner of the company
• D) Can continue indefinitely

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Definitions:

Power-Distance Value

A cultural dimension that describes the extent to which individuals within a society accept and expect power to be distributed unequally.

Unequal Power

Describes a situation where power is distributed unevenly among individuals or groups, leading to disparities in influence and authority.

Performance Orientation Value

The relative importance placed on achieving high levels of performance and excellence, often reflected in the culture and goals of an organization or individual.

High Standards

Expectations that are significantly above average or what is considered the norm.