Question

Select the proper option from the options given below and rewrite the completed sentences.

A sole proprietorship is the ________ form of organization.
(a) private sector
(b) public sector
(c) none of

Answer 1

Correct option- a
A sole proprietorship is the private sector form of organisation.
Explanation:
A sole proprietorship is completely owned and managed by an individual. This kind of business is not regulated by any government and is controlled and managed by the proprietor himself. Hence, it is regarded as a private sector organisation.