Which of the Following Is an Advantage of a Sole

question 15

Multiple Choice

Which of the following is an advantage of a sole proprietorship?

• A)The ability to pool resources
• B)Limited liability
• C)Double tax exemption of the firm's earnings
• D)Ease of organization
• E)Ease of raising funds

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Definitions:

Enabling

Providing the support and resources necessary to allow individuals or systems to grow, develop, or succeed.

Organizational Diagnosis

A process aimed at understanding a company's current condition and issues by analyzing its systems, structures, and operations.

Planned Change

A deliberate effort to make systematic alterations or adjustments within an organization or its processes.

Planned Change

A deliberate effort to improve a situation or process within an organization, involving systematic steps such as assessment, design, implementation, and review.