One beneficial characteristic of a proprietorship is:
A) that the owner also manages the business.
B) the owner appoints a board of directors to manage the business.
C) the owner's interest is separate from the manager's interest.
D) the owner does not need to be involved in the day-to-day operations of the business.

Question

Quizplus · Accepted Answer

One beneficial characteristic of a proprietorship is that the owner also manages the business. This ensures that the owner has complete control over the business operations and can make quick decisions without having to consult anyone else. It also ensures that the owner's vision for the business is consistently executed since they are the ones overseeing the operations.

One Beneficial Characteristic of a Proprietorship Is