Business Studies, asked by dancerdisha82, 5 months ago

what are merits of sole proprietorship?explain any four

Answers

Answered by adityamajumderbdm

2

Answer:

(i) Quick Decision-making – A sole proprietor enjoys complete freedom in taking the decisions. (a) It facilitates quick decision-making as there is no need to consult others. He talks all major or minor decisions. (b) Timely decisions help him to take advantage of market opportunities as and when they arise.

Explanation:

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