Which of the Following Is an Advantage of a Sole

question 7

Multiple Choice

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

• A)Owners of sole proprietorships can raise a lot of capital quickly for expansion purposes.
• B)The owner of a sole proprietorship has complete control over the business.
• C)The sole proprietorship's existence does not depend entirely upon the sole proprietor.
• D)The owner of a sole proprietorship has no liability.

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Definitions:

Management Practices

Methods, strategies, or procedures implemented by a management team to help an organization reach its goals and maintain efficiency.

Contingency Factors

External or internal variables that can influence the effectiveness of organizational strategies or leadership styles, depending on the specific situation.

Motivational Practice

Techniques or strategies used by organizations or individuals to enhance motivation towards achieving certain goals.

Desired

Something that is longed for or wanted; can pertain to goals, outcomes, or properties sought in various contexts.