A Sole Proprietorship Is

question 230

Multiple Choice

A sole proprietorship is

• A)the easiest type of business to set up.
• B)the most difficult type of business to set up.
• C)the most expensive type of business to set up.
• D)the least profitable type of business to set up.

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Definitions:

Innovative Companies

Innovative companies are organizations that consistently introduce new ideas, technologies, or methods, driving growth and often transforming industries through their creativity and invention.

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound (SMART) objectives that guide actions and decision-making.

Empowerment

The act of giving power or authority to individuals or groups, often aimed at enabling them to take control over their lives or work.

Global Economy

The interconnected worldwide economic system, comprising the production, distribution, and consumption of goods and services across countries.