Ease of formation, flexibility, and diversity of management are advantages of the _____ form of business ownership.
A)partnership
B)joint venture
C)cooperative
D)conglomerate
E)corporation

Question

Quizplus · Accepted Answer

Partnerships offer ease of formation, flexibility, and diversity of management because they allow two or more individuals to share ownership, responsibilities, and the benefits of the business, making it simpler to establish and adapt to changes compared to more structured forms of business ownership.

Ease of Formation, Flexibility, and Diversity of Management Are Advantages