Ease of formation,flexibility,and diversity of management are advantages of which of the following forms of business ownership?
A) a cooperative
B) a partnership
C) a conglomerate
D) a joint venture

Question

Quizplus · Accepted Answer

Partnership has ease of formation, flexibility, and diversity of management as advantages. Cooperatives have the advantage of shared resources, conglomerates are large corporations with a diverse range of businesses, and joint ventures are collaborations between two or more businesses for a specific project or purpose. However, none of these options have all three advantages mentioned in the question except for partnerships.

Ease of Formation,flexibility,and Diversity of Management Are Advantages of Which