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Question Practice

In terms of management structure, what is a known advantage of a sole proprietorship?

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MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

In terms of management structu...

Single Answer MCQ
Q-00064395

In terms of management structure, what is a known advantage of a sole proprietorship?

1

Higher salaries for employees

2

Team-based management approach

3

Direct oversight by the owner

4

Limited management flexibility

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Q1.

What is a defining characteristic of a sole proprietorship?

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Q2.

Which of the following is a disadvantage of a sole proprietorship?

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Q3.

In a sole proprietorship, the profits are:

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Q4.

Which feature of a sole proprietorship makes it easier to form compared to other business types?

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