Asked by Randell Baley on Jul 30, 2024
Verified
Sole proprietorships produce more goods and services than does any other form of business organization.
Sole Proprietorships
A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.
- Identify different forms of business organizations and their characteristics.
Verified Answer
ZK
Zybrea KnightAug 05, 2024
Final Answer :
False
Explanation :
Corporations produce more goods and services than sole proprietorships because they can accumulate more resources, have greater access to capital, and benefit from economies of scale.
Learning Objectives
- Identify different forms of business organizations and their characteristics.
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