In South Africa, the most common form of business is a __________, and the form of business that generates most of the sales and profits is a __________.

Question

Quizplus · Accepted Answer

According to data from the World Bank and other sources, the most common form of business in South Africa is a proprietorship, with approximately 70% of businesses falling into this category. However, the form of business that generates the most sales and profits is a company, particularly large corporations such as mining companies and financial institutions. Therefore, option D is the correct answer.

In South Africa, the Most Common Form of Business Is