Which of the following is a disadvantage of the sole proprietorship form of business organization?
A) The proprietor is personally liable for all losses incurred by the proprietorship.
B) The proprietor does not get to retain all profits of the business.
C) The proprietorship suffers double taxation.
D) Establishing the proprietorship requires more forms and other legal formalities than any other form of organization.
A
You might also like to view...
Examples of relevant fixed costs for a special order decision are the purchase of additional machinery, an increase in supervisory help, and an increase in insurance premiums required by a specific order
Indicate whether the statement is true or false
Administrative subpoena refers to an order that directs the subject of the subpoena to disclose the requested information
Indicate whether the statement is true or false
The major criticism of the sociotechnical system in place at Saturn of Tennessee is:
A. It is too complicated to administer. B. It allows unions to develop such a strong power base independent of management that companies find themselves implementing policies that are good for employees but not for the shareholder. C. This form of business partnership has the union "selling out" to management because unions that are concerned with making a profit for the company cannot fully look out for employee interests. D. Unions are not adept at offering business advice and playing a role in developing company strategy, making production decisions, etc.
What are the key drivers for outsourcing HR outlined in this report?
What will be an ideal response?