True you'll learn bout in eight grade I
because I did.
Answer:
Scientific management.
Explanation:
Scientific management is a theory that analyzes and synthesizes the workflow of, in this case, a company. It's main objective is to improve the economic and labor efficiency. That could be made to happen if, like Jim is doing, you focus on every step in the process, from training to financially reward the workers. It's a sort of engineering of the process and management.
Unlimited liability-this is by far the greatest disadvantage to the proprietorship. Even though proprietors may invest only part of their capital in the business, they remain personally liable to the full extent of their assets for the liabilities of the business.
This statement is correct. true.