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Business Studies

Sole Proprietorship

For which of ...

Question

For which of the following types of business, do you think a sole proprietorship form of organisation would be more suitable?

A

Grocery store

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B

Medical store

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C

Craft centre

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D

Internet cafe

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Solution

The correct option is A
Grocery store

A grocery store would be the most suitable. The business set up cost is not very high.

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