A Sole Proprietorship Is a Business Owned by One or More

question 294

True/False

A sole proprietorship is a business owned by one or more persons.

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Definitions:

Succession Management

A strategic process of identifying and developing internal candidates to fill key leadership positions within an organization.

HR Functions

HR Functions refer to the various tasks and responsibilities handled by the Human Resources department, including recruitment, training, employee relations, and benefits management.

Outsourced

Describes work or services handed over to external providers or third-party companies instead of being conducted internally.

Performance Management

The systematic process of improving organizational performance by developing the performance of individuals and teams.