In which business structure do owners have the most control over operations?
Practice Questions
1 question
Q1
In which business structure do owners have the most control over operations?
Sole proprietorship
Partnership
Corporation
Limited liability company
A sole proprietorship allows the owner complete control over all business decisions and operations.
Questions & Step-by-step Solutions
1 item
Q
Q: In which business structure do owners have the most control over operations?
Solution: A sole proprietorship allows the owner complete control over all business decisions and operations.
Steps: 5
Step 1: Understand what a business structure is. It refers to how a business is organized legally and operationally.
Step 2: Identify different types of business structures, such as sole proprietorship, partnership, corporation, and LLC.
Step 3: Learn about a sole proprietorship. It is a business owned and run by one person.
Step 4: Recognize that in a sole proprietorship, the owner makes all the decisions without needing to consult anyone else.
Step 5: Conclude that because the owner has full control over all aspects of the business, a sole proprietorship offers the most control over operations.
