CBSE BOARD X, asked by darshanbhati30, 9 months ago

Why there is lack of business continuity found in sole proprietorship?

Answers

Answered by kunwaransh42
1

Answer:

Business disruptions can impact organizations of any size in any location. From weather, to power outages, political events or even virus outbreaks, every organization needs to develop a business continuity plan to ensure its business operations can continue, no matter the disruption.

A critical component of that business plan is to ensure that users remain productive while maintaining the necessary level of security and control over user access to corporate resources. Citrix Workspace, including virtual apps and desktops, enable seamless workforce productivity, giving employees the flexibility to work from anywhere, all while keeping your apps and information secure

Answered by krishnapranav10
1

Answer:

A sole proprietorship is the oldest and the most common form of business. It is a one-person organization where a single individual owns, manages, and controls the enterprise. Ease of formation is its most significant feature of the proprietorship because it is not required to go through elaborate legal formalities to start it. No law makes it mandatory to register the proprietorship. No agreement, deed, or documents are to be prepared for starting a proprietorship, and the firm’s registration is also not required. However, the owner may be required to obtain a license specific to the business line from the local administration and register its Trademark to secure its reputation.

Explanation:

Please mark me the brainliest

thank you

Similar questions