Business Studies, asked by arunawadhiya78, 23 hours ago

A form of business organization with one owner who takes all the risks and all the profit is called ​

Answers

Answered by nitishjyo123
0

A form of business organization with one owner who takes all the risks and all the profits. PROPRIETORSHIP.

Answered by priyarksynergy
0

A form of business organization with one owner who takes all the risks and all the profits is called a sole proprietorship business.

Explanation:

  1. A sole proprietorship form of business can be explained as a form of business where only one person brings in resources and employs them for profit generation.
  2. Sole proprietorship form of business organization is great for small business activities and limited operations.
  3. A sole proprietorship business also has a limited number of resources so it can grow only to a certain extent.
  4. Once the activities of the business start becoming complex, new people have to be employed for help.
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