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Sole Proprietorship MCQs
In which case a sole ownership firm is most favourable?
3. In which case a sole ownership firm is most favourable?
- Large Scale Operations
- Medium Scale Operations
- Small Scale Operations
- None of the above
Answer: C) Small Scale Operations
Explanation:
In the sole ownership the size of tasks is little. The proprietor can have direct contact with clients and workers. He can know the relations and inclinations of purchasers. It empowers him to roll out vital improvements in the quality and plan of his items.