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Tuesday, 27 October 2026
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Sole enterprise may flourish best in

Sole enterprise may flourish best in
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A mining business
  • B A retailing business
  • C An oil exploration business
  • D A car assembly business
Correct Answer: Option B
Explanation:
A sole enterprise is generally more suitable for a business that requires relatively little capital and can be managed directly by one person. Retailing is suitable because many retail businesses can be established and operated on a small scale under the direct control of the proprietor.

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