Which of the Following Is Typically the Major Factor in Limiting

question 22

Multiple Choice

Which of the following is typically the major factor in limiting the growth of a sole trader?

• A)It is extremely difficult to transfer control of such a firm to a new owner if the present owner dies or wishes to sell the firm.
• B)Investors have a great deal of control over the day-to-day running of the firm, leading to confusion when conflicts in direction arise.
• C)The organisation of such firms tends to become extremely complicated over time.
• D)The amount of money that can be raised by the firm is limited by the fact that the single owner must make good on all debts.

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Definitions:

Self-Image

How an individual views themselves, which can be influenced by internal perceptions and external feedback, and is a component of self-concept.

Self-Esteem

An individual's subjective evaluation of their own worth or value.

Influencing Attitudes

The process by which individuals try to change the beliefs, feelings, or behaviors of others towards a person, object, or event.

Implicit Attitude

Unconscious beliefs or feelings toward an object, person, or subject that influence behavior and preferences.