A Disadvantage of a Sole Proprietorship Is the Fact That

question 216

Short Answer

A disadvantage of a sole proprietorship is the fact that the owner has ________.

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Definitions:

High Need For Power

A psychological trait characterized by an individual's desire for influence or control over others.

Command Theory

A principle in legal and philosophical theory that emphasizes the role of authoritative commands, issued by a sovereign, in defining law.

Theory X

A management concept that assumes employees are inherently lazy, need constant supervision, and are motivated primarily by financial rewards.

Theory Y

A management theory that assumes employees are inherently motivated and can exercise self-direction and control.