Examlex

Solved

Which of the Following Statements Is True of a Sole

question 114

Multiple Choice

Which of the following statements is true of a sole proprietorship?


Definitions:

External Locus of Control

A psychological concept where individuals believe that external forces or circumstances primarily govern their life outcomes and successes.

Intellectual Capital

Represents the intangible assets of an organization, including employee knowledge, brand equity, and customer relationships, that contribute to its competitive advantage.

Organizational Behavior

The study of human behavior in organizational settings, focusing on individual, group, and structural dynamics to improve organizational effectiveness.

Ethics

Ethics refers to the moral principles that govern an individual's behavior or the conducting of an activity, emphasizing what is right or wrong.

Related Questions