Write a word or a phrase or a term which can substitute the following.

1.	Write a word or a phrase or a term which can substitute the following.The owner is the sole manager and decision maker of his business.
Answer» The owner is the sole manager and decision maker of his business- Sole proprietorship. Explanation: In a sole proprietorship, the business is owned and managed by one individual. This individual is solely responsible of the business and doesn’t share profits and loss with anyone.

Write a word or a phrase or a term which can substitute the following.The owner is the sole manager and decision maker of his business.

Answer»

The owner is the sole manager and decision maker of his business- Sole proprietorship.

Explanation:

In a sole proprietorship, the business is owned and managed by one individual. This individual is solely responsible of the business and doesn’t share profits and loss with anyone.

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Write a word or a phrase or a term which can substitute the following.The owner is the sole manager and decision maker of his business.

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