The business organization that can effectively combine management with control is?
-
A.
private limited liability company -
B.
sole proprietorship -
C.
public limited liability company -
D.
co-operation society
Correct Answer: Option B
Explanation
A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. The business owner manages and controls all business activities