Question

When comparing general partnership to sole proprietorships an advantage of partnerships is that they

Answer 1

In this section, we introduce the notion of competitive advantage and then discuss how firms can achieve and sustain it through effective HRM practices. ... strategy A strategy in which a company gains a competitive advantage by providing the same services or products as its competitors, but produces them at a lower cost.

Answer 2

Explanation:

➡️ Partnership has several advantages over a sole proprietorship: It's relatively inexpensive to set up and subject to few government regulations. Partners pay personal income taxes on their share of profits; the partnership doesn't pay any special taxes.