The Simplest Form of Business Is a Sole Proprietorship

question 17

True/False

The simplest form of business is a sole proprietorship.

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Definitions:

Collectivistic Cultures

Societies that prioritize the group over the individual, emphasizing interdependence, family ties, and social harmony.

Neuroticism

A personality trait characterized by moodiness, anxiety, and emotional instability.

Uncertainty And Ambiguity

Situations or conditions where information is incomplete, leading to unclear paths or outcomes.

Extraversion

A personality trait typified by sociability, talkativeness, assertiveness, and excitability; extraverts draw energy from interacting with others.