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20 May, 11:59

Julio decides his business will begin staying open until 7 p. m. instead of 6 p. m. The next day, the shop stays open until 7 p. m. This environment of flexibility to quickly change is characteristic of what form of business organization?

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  1. 20 May, 12:04
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    Sole proprietorship.

    Explanation:

    A sole proprietorship, otherwise called the sole trader, is a kind of enterprise that is possessed and run by one individual and in which there is no lawful differentiation between the proprietor and the business entity.
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