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Explain the current trends in business ownership.

(10 marks)

Sagot :

GinnyAnsweridn

Final answer:

Explanation of different types of business ownership and their trends.


Explanation:

Current Trends in Business Ownership

Business ownership can take various forms, including sole proprietorships, partnerships, and corporations. Each type has distinct advantages and disadvantages. Sole proprietorships, while the most numerous, often struggle with profitability due to limited resources and unlimited liability for the owner. On the other hand, corporations offer limited liability for owners but involve more complex structures.


Learn more about Types of Business Ownership here:

https://brainly.com/question/41846295


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