Explanation:
Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.
When designing the organization, poor design is the significant cause for business failure, as the entrepreneur often alone performs all the functions of the organization.
<h3 /><h3>What is organizational structure?</h3>
Corresponds to a representation of how organizational activities and resources are performed in an organization to achieve objectives and goals.
Therefore, it is through the organizational structure that the job positions, functions, departments and hierarchy of the company are designed, aligned with its needs and strategy.
The correct answer is:
B) Poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
Find out more about organizational structure here:
brainly.com/question/1288780
Answer:
b. It is not a business entity
Explanation:
From the answers provided it can be said that the statement that is true about a sole proprietorship is that it is not a business entity. This is because a sole proprietorship is a business that has only a single owner and is not registered as a corporation, partnership or limited liability company. Meaning that there is no separate existence from the owner and the business, causing the business to NOT be a legal entity.
In this scenario, Ignatius had a net gain of 534.45 which means he had 534.45 more CREDITS than DEBITS.
Credits to a checking account increase the balance while debits decrease it.
