Post Utme Abu 2024 Commerce Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ABU • 2024 • COMMERCE • objective

A sole trader operates a small business, selling handmade crafts online. The business has a single owner, who is responsible for all aspects of the business, including production, marketing, and finance. What is the primary advantage of this business structure?

Answer Options

Correct Answer A. Increased flexibility and autonomy
B. Reduced costs due to simplified management
C. Improved decision-making due to single ownership
D. Enhanced accountability due to multiple owners
Correct Answer
A
Correct Option:
Increased flexibility and autonomy

About This Question

This is Post Utme Abu 2024 Commerce Question 4. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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