Which of the Following Is NOT Considered to Be a Disadvantage

question 81

Multiple Choice

Which of the following is NOT considered to be a disadvantage of the sole proprietorship form of a business organization?

• A)Limited ability to raise capital
• B)Its life is limited to that of the owner
• C)Unlimited liability of business owners
• D)Fewer regulations and reporting requirements

Differentiate among the genetic, biological, socioemotional, and cognitive aspects of development.

Learn the sequence of developmental periods from prenatal to adolescence.

Recognize the role of early and later experiences in child development.

Understand the scientific approach in developmental psychology.

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Definitions:

Managerial Delegation

The process by which managers assign tasks and authority to subordinates.

Job Scope

Refers to the range of responsibilities and tasks that a job entails, including the limits of the job holder’s authority.

Variety of Tasks

A range of different duties or activities that a person performs or is responsible for.

Task Specialisation

The division of labor where individuals or groups focus on a narrow set of tasks, improving efficiency and expertise.