Which of the Following Is a Disadvantage of a Partnership

question 55

Multiple Choice

Which of the following is a disadvantage of a partnership?

• A)Difficulty of selling ownership
• B)Ease of organizing business
• C)Specialization of partners
• D)Relatively fast decision making
• E)Limited government regulation

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Definitions:

Value Chain

The major business functions that add value to a company’s products and services such as research and development, product design, manufacturing, marketing, distribution, and customer service.

Major Activities

The principal actions or operations carried out within an organization or by a project, typically contributing to achieving its main objectives.

Manufacturing Process

The sequence of operations or methods used to convert raw materials into finished goods.

Cost Of Goods Sold

Costs directly connected to the creation of a company's sold goods, encompassing both materials and labor.