A sole proprietor has unlimited personal liability for all business debts and obligations.
<h3>Who is a
sole proprietor?</h3>
A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.
A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.
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<u />Unity of command is a principle wherein no subordinate in an organization reports to more than one boss.
Each department in a company has only one boss. Every boss of the department reports to one higher authority, and so on.
This is to avoid confusion among subordinates and to ensure that the authority of the boss is not diminish by the authority of another boss.
Answer:
productivity is calculated by using formula
Explanation:
formula = total output/ total input
Answer:
$2000
Explanation:
According to CDC research, each employee who smokes costs his or her organization approximately $2000 per year due to reasons such as;
• Smoke breaks at work which accumulate to reduce the amount of time spent doing productive work.
• Health related issues resulting from smoking that may cost the organization money or cause the employee to be absent from work (research shows that smokers are absent from work more than non smokers.
Therefore, for each smoker who quits smoking, Hanson Manufacturing will gain approximately $2000 in productivity.
Answer:
Human resources planning is relevant to organizational productivity because it allows a company to maintain and better target the right talent for longevity. It also enables managers to better train and develop the skills needed in the workforce.
Explanation:
Human Resource planning is the foundation of a company's workforce talent. Employees are what make or break a company.
