One of the disadvantages of Sole Proprietorship is____________
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Correct Answer: Option C
Explanation:
A sole proprietorship may lack specialization because the owner is usually responsible for many aspects of the business. The owner may have to handle management, finance, purchasing, marketing and other activities, which can limit the degree of specialization.
A sole proprietorship may lack specialization because the owner is usually responsible for many aspects of the business. The owner may have to handle management, finance, purchasing, marketing and other activities, which can limit the degree of specialization.