Chase and his friend Marc decide to go into business together operating a small restaurant. What is an advantage of this type of business organization?

Unlimited life

No liability

Freedom and control

Shared decision making

Answer: Shared decision making

Explanation: Such a business is known as partnership, because it involves two or more people coming together to form a business and working to achieve a common goal which might be to utilise profits. Under partnership decision making process involves all partners involved in the business. With each partner getting the opportunity to share their opinion on a decision.

Shared Decision making

Explanation:

One of the advantages of partnership business is in the sharing the burden of the business both in resources and decision making.

It involves companionship and mutual supports. Each can guide the other, especially, in managing the resources of the business.